devaluation

noun

de·​val·​u·​a·​tion (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
-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
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Back then, a nearly 3% devaluation shook markets everywhere. William Pesek, Forbes, 17 Jan. 2025 In addition to the electoral success of candidates friendlier to crypto, Jacobs said greater numbers of investors across the wealth spectrum — and throughout the world — are coming to view bitcoin as a hedge against geopolitical risks, especially currency devaluations sparked by inflation. Rob Wile, NBC News, 5 Dec. 2024 Something is not adding up: Ruble devaluation, high credit growth, and money printing to produce tanks must mean that common goods an average consumer buys will get more expensive. Yaakov Katz, Newsweek, 28 Nov. 2024 Stablecoins see some of their strongest adoption in developing nations like Nigeria, where access to traditional banking is limited, yet demand for USD is high to escape the devaluation of citizens’ local currency. Edan Yago, Forbes, 10 Jan. 2025 See all Example Sentences for devaluation 

Word History

First Known Use

1914, in the meaning defined at sense 1

Time Traveler
The first known use of devaluation was in 1914

Dictionary Entries Near devaluation

Cite this Entry

“Devaluation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/devaluation. Accessed 16 Feb. 2025.

Legal Definition

devaluation

noun
de·​val·​u·​ation (ˌ)dē-ˌval-yə-ˈwā-shən How to pronounce devaluation (audio)
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
Last Updated: - Updated example sentences
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