devaluation — English Dictionary

Noun

1. The removal or lessening of something's value.

   Usage

   • Countable
   • Uncountable

   Examples

   According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.

2. The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).

   Usage

   • Countable
   • Uncountable

3. Depreciation.

   Usage

   • Countable
   • Uncountable

Noun

1. an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries

   Broader terms

   regulationregulating

2. the reduction of something's value or worth

   Broader terms

   decreasediminutionreductionstep-down