DEVALUATION


Meaning of DEVALUATION in English

transcription, транскрипция: [ (ˌ)dē-ˌval-yə-ˈwā-shən, -yü-ˈā- ]

noun

Date: 1914

1. : an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency

2. : a lessening especially of status or stature : decline

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.