Devaluation (noun) Definition, Meaning & Examples

noun
  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.
noun
  1. a decrease in the exchange value of a currency against gold or other currencies, brought about by a government
  2. a reduction in value, status, importance, etc
Devaluation (noun) Definition, Meaning & Examples

More Definitions