devaluation

UK
/diːˌvæljuˈeɪʃən/
US
/diˌvæljuˈeɪʃən/
devaluationnoun
devaluations
pl
UK
/diːˌvæljuˈeɪʃən/
US
/diˌvæljuˈeɪʃən/
Translations
The government announced a devaluation of the national currency.
Правительство объявило о девальвации национальной валюты.
Definitions
A reduction in the value of a currency with respect to other monetary units.
The government announced a devaluation of the national currency to boost exports.
The reduction or underestimation of the worth or importance of something.
The devaluation of his contributions to the project left him feeling unappreciated.
devaluationadjective
UK
/diːˌvæljuˈeɪʃən/
US
/diˌvæljuˈeɪʃən/
Used attributively before nouns (e.g., "devaluation pressure")
Definitions
Relating to or involving a devaluation, especially of currency.
Devaluation fears triggered renewed market volatility.