devaluation
Translation
devaluation
Examples
The government announced a devaluation of the currency.
The government announced a devaluation of the currency.
There has been a devaluation of academic standards.
There has been a devaluation of academic standards.
Grammar Patterns
((a devaluation)) ((of sth.)) a reduction in the value of (sth.) The government announced a devaluation of the currency.
Similar Words
Synonyms: depreciation, reduction; Antonyms: revaluation, appreciation
Etymology
From 'de-' (down) + 'value' + '-ation' (the act of). Literally, 'the act of down-valuing'.
Memory Tips
Break it down into 'DE-VALUE'. It's the process of taking the value down.