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Devalued: meaning, definitions and examples

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devalued

 

[ dɪˈval.yuːd ]

Adjective
Context #1 | Adjective

economic context

Devalued refers to the reduction in the value of a currency with respect to other currencies or a decrease in the overall value of an asset. This often occurs as a result of government policy, inflation, or economic instability. When a currency is devalued, it can lead to increased export competitiveness but may also raise the cost of imports. Devaluation can significantly impact economic conditions, affecting inflation rates and economic growth.

Synonyms

depreciated, diminished, undervalued

Examples of usage

  • The country's currency was devalued to boost exports.
  • After the devaluation, prices for imported goods skyrocketed.
  • Investors are concerned about the devalued asset.
  • The devalued currency made vacations abroad more expensive.

Translations

Translations of the word "devalued" in other languages:

🇵🇹 desvalorizado

🇮🇳 अवमूल्यन

🇩🇪 abgewertet

🇮🇩 terdevaluasi

🇺🇦 знеціненний

🇵🇱 dewaluowany

🇯🇵 価値が下がった

🇫🇷 dévalué

🇪🇸 devaluado

🇹🇷 devalüe

🇰🇷 가치가 하락한

🇸🇦 مخفض القيمة

🇨🇿 devalvovaný

🇸🇰 devalvovaný

🇨🇳 贬值的

🇸🇮 devalviran

🇮🇸 niðurgreiddur

🇰🇿 девальвацияланған

🇬🇪 დევალვირებული

🇦🇿 devalvasiya olunmuş

🇲🇽 devaluado

Etymology

The term 'devalued' comes from the economic practice of devaluation, which has roots in the late 19th century when countries began to formally fix their currencies to gold. The concept evolved during the 20th century, especially after the end of the Bretton Woods system in 1971 when currencies floated more freely. The term incorporates 'de-', a prefix meaning 'to reduce,' and 'value,' derived from Latin 'valor,' meaning worth or value. Devaluation is seen as a tool for governments to manage economies and balance payments and has become a standard term in contemporary economic discussions.

Word Frequency Rank

Positioned at #22,611, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.