What does devalue mean?

Definitions for devalue
diˈvæl yude·val·ue

This dictionary definitions page includes all the possible meanings, example usage and translations of the word devalue.

Princeton's WordNet

  1. devalue, devaluateverb

    remove the value from; deprive of its value

  2. devalueverb

    lower the value or quality of

    "The tear devalues the painting"

  3. depreciate, undervalue, devaluate, devalueverb

    lose in value

    "The dollar depreciated again"

Wiktionary

  1. devalueverb

    To lower or remove the value of something.

  2. devalueverb

    To lose value; to depreciate.

Wikipedia

  1. devalue

    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.

ChatGPT

  1. devalue

    Devalue generally refers to the decrease or reduction in the worth or value of something, often in terms of monetary or economic value. In economics, it specifically refers to the deliberate downward adjustment to the value of a country's currency relative to another currency, group of currencies, or standard. It can also pertain to underestimating or undervaluing the significance, importance, or worth of someone or something in other contexts.

Matched Categories

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Numerology

  1. Chaldean Numerology

    The numerical value of devalue in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of devalue in Pythagorean Numerology is: 7

Examples of devalue in a Sentence

  1. Toufic Gaspard:

    Even if the protesters leave the streets the real problem facing them is what they are going to do with the devaluation of the pound, a very large majority of the Lebanese income is in the Lebanese pound, their savings are in the Lebanese pound and their pension is in Lebanese, and it is certain it has already started to devalue.

  2. Carolina Fiuza:

    I see people desperate for the peso value to increase. I see everyone thinking that it will devalue even worse in October. In the end, I think everything will be work out, as always.

  3. The President:

    They devalue their currency. They have for years. It's put them at a tremendous competitive advantage.

  4. Sergio Goldenstein:

    This would have hugely negative consequences for Brazil. It would devalue the currency in a sharp way and ultimately steepen the yield curve.

  5. Claude Lévi-Strauss:

    Enthusiastic partisans of the idea of progress are in danger of failing to recognize... the immense riches accumulated by the human race. By underrating the achievements of the past, they devalue all those which still remain to be accomplished.

Popularity rank by frequency of use

devalue#10000#91681#100000

Translations for devalue

From our Multilingual Translation Dictionary

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"devalue." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/devalue>.

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