devaluation
noun
de·val·u·a·tion
(ˌ)dē-ˌval-yə-ˈwā-shən 
-yü-ˈā-
1
: an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
2
: a lessening especially of status or stature : decline
Examples of devaluation in a Sentence
Recent Examples on the Web
With the alarming inflation levels and the Naira's persistent underperformance and devaluations, bitcoin's stark contrast continues to present a haven for those on the ground.
—
Abubakar Nur Khalil, Forbes, 31 Oct. 2024
Demand remained high despite Iran's economic instability and currency devaluation, pushing up the prices of older devices.
—Nina Turner, Newsweek, 30 Oct. 2024
While loyalty program changes are often synonymous with devaluations, Alaska Airlines Mileage Plan plans to reward its most loyal members in the new year by adding more ways to earn perks than ever before.
—Stella Shon, Travel + Leisure, 16 Oct. 2024
Seeking to close that gap without another devaluation, Milei commanded Argentina’s central bank to use national reserves to sell dollars in the informal market to bring down the official price of dollars.
—María Victoria Murillo, Foreign Affairs, 23 Sep. 2024
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Abubakar Nur Khalil, Forbes, 31 Oct. 2024
Demand remained high despite Iran's economic instability and currency devaluation, pushing up the prices of older devices.
—Nina Turner, Newsweek, 30 Oct. 2024
While loyalty program changes are often synonymous with devaluations, Alaska Airlines Mileage Plan plans to reward its most loyal members in the new year by adding more ways to earn perks than ever before.
—Stella Shon, Travel + Leisure, 16 Oct. 2024
Seeking to close that gap without another devaluation, Milei commanded Argentina’s central bank to use national reserves to sell dollars in the informal market to bring down the official price of dollars.
—María Victoria Murillo, Foreign Affairs, 23 Sep. 2024
See all Example Sentences for devaluation
Dictionary Entries Near devaluation
Cite this Entry
“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 23 Nov. 2024.
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devaluation
noun
de·val·u·ation
(ˌ)dē-ˌval-yə-ˈwā-shən
1
: an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
2
: a lessening of the value of something (as an asset)
portfolio devaluation
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