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  1. Dictionary
    devaluation
    /ˌdiːvaljʊˈeɪʃn/

    noun

    • 1. the reduction or underestimation of the worth or importance of something: "the general devaluation of expertise in our culture"

    More definitions, origin and scrabble points

  2. Aug 13, 2023 · Devaluation occurs when a country creates a downward adjustment of its currency value to balance trade. Devaluing a currency reduces the cost of a...

  3. en.wikipedia.org › wiki › DevaluationDevaluation - Wikipedia

    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.

  4. The meaning of DEVALUATION is an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency. How to use devaluation in a sentence.

  5. the action of causing someone or something to be considered less valuable or important: Does staying at home as a mother just encourage the devaluation of women professionally? The existence of slavery represents a devaluation of human life. More examples. SMART Vocabulary: related words and phrases. See. devalue.

  6. devaluation, reduction in the exchange value of a countrys monetary unit in terms of gold, silver, or foreign monetary units. Devaluation is employed to eliminate persistent balance-of-payments deficits. For example, a devaluation of currency will decrease prices of the home country’s exports that.

  7. Devaluation is a downward adjustment to a countrys value of money relative to a foreign currency or standard. Many countries that operate using a fixed exchange rate tend to use devaluation as a monetary policy tool to control supply and demand. Summary.

  8. A Devaluation occurs when the official value of a currency declines in relation to other currencies. We use the term when the decline is forced. In other words, the authorities planned it. A devaluation is also the underestimation or reduction of the importance or worth of something.

  9. DEVALUATION meaning: 1. the action of reducing the rate at which money can be exchanged for foreign money: 2. the…. Learn more.

  10. Sep 29, 2020 · A currency is considered devalued when it loses value relative to other currencies in the foreign exchange market. A currency 's devaluation is the result of a nation's monetary policy. A central bank can make the conscious effort to make its currency less valuable.

  11. noun. an official lowering of the exchange value of a country's currency relative to gold or other currencies. A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.