Laxi Dictionary

American Dictionary

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Definition devaluation in American English

devaluation noun

[uncountable] noun
/ˌdivæljuˈeɪʃ(ə)n/
1

an official reduction in the value of a country's money

Example

The government announced a further devaluation of the currency.

Synonyms and related words
a run on something base currency basket
Definition devaluation in American English