Finesentence mobile logo
Sign in Login / Register

Devaluing: meaning, definitions and examples

💸
Add to dictionary

devaluing

 

[ dɪˈvæljuɪŋ ]

Verb
Context #1 | Verb

economy

To reduce the official value of a currency in relation to other currencies, resulting in a decrease in its purchasing power.

Synonyms

debase, depreciate, depreciate

Examples of usage

  • The government is devaluing the currency to boost exports.
  • Devaluing the currency may lead to inflation.
  • The decision to devalue the currency was met with mixed reactions.

Translations

Translations of the word "devaluing" in other languages:

🇵🇹 desvalorização

🇮🇳 मूल्य कम करना

🇩🇪 Entwertung

🇮🇩 devaluasi

🇺🇦 знецінення

🇵🇱 dewaluacja

🇯🇵 価値を下げること

🇫🇷 dévaluation

🇪🇸 devaluación

🇹🇷 devalüasyon

🇰🇷 가치 하락

🇸🇦 خفض القيمة

🇨🇿 devalvace

🇸🇰 devalvácia

🇨🇳 贬值

🇸🇮 devalvacija

🇮🇸 gildisrýrnun

🇰🇿 құнсыздандыру

🇬🇪 გაუფასურება

🇦🇿 devalvasiya

🇲🇽 devaluación

Etymology

The term 'devalue' originated in the early 20th century, stemming from the combination of 'de-' meaning to reduce or remove, and 'value' referring to the worth or importance of something. The concept of devaluing a currency has been used by governments as a tool to manage their economies, especially during times of economic instability, to boost exports and stimulate economic growth.

See also: devaluations.

Word Frequency Rank

This word's position of #32,353 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.