devaluation
noun/ˌdiːˌvæljuˈeɪʃn/
/ˌdiːˌvæljuˈeɪʃn/
- [countable, uncountable] (finance) a reduction in the value of the money of one country when it is exchanged for the money of another country
- There has been a further small devaluation against the dollar.
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- [uncountable] the act of giving a lower value to something or making it seem less important than it really is
- the general devaluation of expertise in our culture
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devaluation