Definitions for devaluation
diˌvæl yuˈeɪ ʃənde·val·u·a·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. devaluationnoun

   an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries

2. devaluationnoun

   the reduction of something's value or worth

WiktionaryRate this definition:0.0 / 0 votes

1. devaluationnoun

   The removal or lessening of something's value.

2. devaluationnoun

   The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value -- the price of gold for example.

3. devaluationnoun

   Depreciation.

WikipediaRate this definition:0.0 / 0 votes

1. Devaluation

   In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. However, under a floating exchange rate system (in which exchange rates are determined by market forces acting on the foreign exchange market, and not by government or central bank policy actions), a decrease in a currency's value relative to other major currency benchmarks is instead called depreciation; likewise, an increase in the currency's value is called appreciation. Related but distinct concepts include inflation, which is a market-determined decline in the value of the currency in terms of goods and services (related to its purchasing power). Altering the face value of a currency without reducing its exchange rate is a redenomination, not a devaluation or revaluation.

ChatGPTRate this definition:0.0 / 0 votes

1. devaluation

   Devaluation is an economic strategy where a government deliberately reduces the value of its country's currency relative to other foreign currencies. This is often done to boost exports, as it makes the country's products cheaper to buy in the international market. However, it can lead to inflation and loss of trust in the country's economy, if not managed well. It typically involves adjusting the country's exchange rate when it follows a fixed or semi-fixed exchange rate system.

WikidataRate this definition:0.0 / 0 votes

1. Devaluation

   Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged. ‘Devaluation’ means official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency. In contrast, depreciation is used to describe a decrease in a currency's value due to market forces, not government or central bank policy actions. Under the second system central banks maintain the rates up or down by buying or selling foreign currency, usually but not always USD. The opposite of devaluation is called revaluation. Depreciation and devaluation are sometimes incorrectly used interchangeably, but they always refer to values in terms of other currencies. Inflation, on the other hand, refers to the value of the currency in goods and services. Altering the face value of a currency without reducing its exchange rate is a redenomination, not a devaluation or revaluation.

Matched Categories

1. • Decrease
   • Regulation

Usage in printed sourcesFrom: 

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How to pronounce devaluation?

1. Alex

   US English

   David

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   Mark

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   Daniel

   British

   Libby

   British

   Mia

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   Karen

   Australian

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   Australian

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   Neerja

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   Tessa

   South African

How to say devaluation in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of devaluation in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of devaluation in Pythagorean Numerology is: 7

Examples of devaluation in a Sentence

1. William Ackman:

   I think their recent small devaluation could be the beginning of a larger one, i think they could solve a lot of their problems by letting their currency depreciate. And I think ultimately that's where they're going to end up.

2. Silvina Batakis:

   As soon as there is any devaluation, the pass through to prices is automatic, there is no delay.

3. Chief Executive Irakli Gilauri:

   This performance is particularly pleasing against the backdrop of volatile currency and economic conditions for many of Georgia's trading partners, which contributed to the GEL devaluation of 26 percent against the Chief Executive Irakli Gilauri dollar and 17 percent against the Euro over the last twelve months.

4. David Hughes:

   We know the exchange rate will change, that will affect us positively, if we sell the day after the devaluation, not the day before. So there's still some uncertainty there.

5. Jason Tuvey:

   Inevitably there will be short-term pain as inflation rises, and the central bank will hike rates at its meeting on Thursday, probably in the order of 100 basis points, but in time the devaluation will bring benefits to Egypt...and encourage foreign investors back to the country.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=devaluation
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Devaluation
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Devaluation
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=devaluation
6. ^ Usage in printed sources
   https://books.google.com/ngrams/graph?content=devaluation