devaluation
Translation
devaluation
Examples
The country faced a currency devaluation.
The country faced a currency devaluation.
There was a devaluation of their cultural traditions.
There was a devaluation of their cultural traditions.
Grammar Patterns
((of sth.)) a reduction in the value of (sth.) The government announced a devaluation of the pound.
Similar Words
Synonyms: depreciation, debasement; Antonyms: revaluation, appreciation
Etymology
From the prefix 'de-' (down) + 'value' + the suffix '-ation' (process). Literally 'the process of bringing the value down'.
Memory Tips
Think 'down-value-ation'. It's the action of making the value go down, especially for currency.