DEVALUATION


Meaning of DEVALUATION in English

/dee val'yooh ay"sheuhn/ , n.

1. an official lowering of the exchange value of a country's currency relative to gold or other currencies.

2. a reduction of a value, status, etc.

[ 1910-15; DEVALUATE + -ION ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .