单词	devaluation
释义	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 Example Sentences Recent Examples on the Web So, between then and now there’s huge currency devaluation. Mankaprr Conteh, Rolling Stone, 2 Sep. 2022 Inflation, meanwhile, is running at nearly 30% thanks to a devaluation of the peso and rising costs for fuel and other imports. Stephen Wicary, Fortune, 17 Aug. 2022 Soaring inflation and another round of currency devaluation in March have further squeezed citizens in a country where a third of the population is classified as low-income earners. Eman Mounir, The Christian Science Monitor, 4 Aug. 2022 Inflation is, of course, a form of currency devaluation. Arthur Laffer And Stephen Moore, WSJ, 1 May 2022 Even our countries of origin have gendered hierarchies of beauty that stem from colonialism’s devaluation of African and Indigenous aesthetics. Jillian Hernandez, refinery29.com, 17 Aug. 2022 Instead, the government halted withdrawals — and then gave them all a haircut, reducing everyone’s savings in a sudden devaluation. New York Times, 6 Aug. 2022 But before the year was out, a major peso devaluation brought new challenges to Mexico. San Diego Union-Tribune, 4 Apr. 2022 Meanwhile, Turkey under Erdogan has faced a rapid devaluation of its lira currency over his refusal to hike interest rates. Suzan Fraser, chicagotribune.com, 31 Mar. 2022 See More Word History First Known Use 1914, in the meaning defined at sense 1 Phrases Containing devaluation pre-devaluation pre-devaluation Legal Definition 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 devaluation noun as in degradation Synonyms & Similar Words Relevance degradation deterioration weakening decline decay degeneration downgrade downfall falling declination decadence decaying degeneracy relapse descent reversion ebbing declension regression lapse retrogression backslide regress Antonyms & Near Antonyms development growth evolution expansion improvement progress progression elaboration refinement advancement betterment maturation perfection maturing incubation ripening See More
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