devaluation

Monetary worth reduction

Devaluation is the reduction of something's official value.

In economics, it refers specifically to a government lowering its currency's exchange rate: The peso's devaluation made imports more expensive.

More broadly, devaluation describes any diminishing of worth or status: the devaluation of manual labor, She felt a devaluation of her contributions to the project.

market

stocks

Ownership stakes or inventory

assets · securities · writedown · markdown · impairment · downgrade · bearish · correction · crash · sell-off

currency

depreciation

Asset value reduction over time

rupee · ruble · drachma · yuan · sterling · peg · floating · fixed rate · currency crisis · capital flight

economic

inflation

Sustained price level increase

downturn · crisis · collapse · hyperinflation · stagflation · purchasing power · trade deficit · balance of payments · IMF · bailout

social

stigma

Mark of dishonor

demotion · disrepute · tarnish · discredit · degradation · humiliation · loss of face · ignominy · fall from grace · ostracism

psychological

self-worth

Internal sense of value

diminishment · invalidation · disparagement · degradation · undermining · marginalization · disrespect · trivialization · worthlessness · rejection

Categories
Opposites
currency/monetary value

devaluationrevaluation

Reassessing something's worth

appreciation · strengthening · growth · expansion · inflation

general worth/esteem

devaluationappreciation

Recognition of worth

valorization · elevation · enhancement · exaltation · validation

Phrases
Family

devaluations, devaluating

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G