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English
Etymology
From de- + valuation.
Pronunciation
Noun
devaluation (countable and uncountable, plural devaluations)
- The removal or lessening of something's value.
2016, Lorraine Giordano, Beyond Taylorism, page 28:According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.
- (economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
- Depreciation.
Translations