DEVALUATION


Meaning of DEVALUATION in English

noun Date: 1914 an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency, a lessening especially of status or stature ; decline

Merriam Webster. Explanatory English dictionary Merriam Webster.      Толковый словарь английского языка Мерриам-Уэбстер.