transcription, транскрипция: [ ri:vælju: ]
( revalues, revaluing, revalued)
1.
When a country revalues its currency, it increases the currency’s value so that it can buy more foreign currency than before.
Countries enjoying surpluses will be under no pressure to revalue their currencies.
VERB : V n
• re‧valua‧tion
(revaluations)
There was a general revaluation of other currencies but not the pound.
N-VAR : oft N of n
2.
To revalue something means to increase the amount that you calculate it is worth so that its value stays roughly the same in comparison with other things, even if there is inflation.
It is now usual to revalue property assets on a more regular basis.
VERB : V n
• re‧valua‧tion
Some British banks have used doubtful property revaluations to improve their capital ratios.
N-VAR : oft N of n