devalue

devalue
devalue de‧val‧ue [diːˈvæljuː] verb
1. [transitive] MARKETING to cause something to lose its value:

• Heavy price discounting will devalue our famous brands.

2. [transitive] FINANCE when a country devalues its currency against other currencies, it decreases its value for economic reasons, for example to make its exports cheaper:

• Hungary said it will devalue its currency by an average of 15% against major Western currencies.

3. [intransitive] ECONOMICS when a country's currency devalues against others, it loses its value:

• With more money coming into circulation, the ruble may devalue further.

— devaluation noun [countable, uncountable] :

• the pound's devaluation after sterling withdrew from the European Exchange Rate Mechanism

* * *

devalue UK US /ˌdiːˈvæljuː/ verb
► [I or T] FINANCE, ECONOMICS to reduce the rate at which one currency can be exchanged for another: »

It caused a major crisis when the pound was devalued.

 »

The banking system was in trouble before the government was forced to devalue.

► [I] FINANCE, ECONOMICS to become less valuable: »

There are several reasons why the pound has devalued against the euro.

► [T] to make someone or something seem to be of less value or importance: »

Let us not devalue the work that he has done.

 »

Foreclosures devalue nearby homes and entire neighborhoods.


Financial and business terms. 2012.

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Look at other dictionaries:

  • devalue — I verb adulterate, belittle, cheapen, contaminate, corrupt, damage, debase, debauch, defile, degenerate, degrade, denature, depreciate, depress, deteriorate, dilute, disable, disparage, impair, pollute, reduce, taint II index adulterate, corrupt …   Law dictionary

  • devalue — 1918, a back formation from DEVALUATION (Cf. devaluation). Related: Devalued; devaluing …   Etymology dictionary

  • devalue — [v] depreciate cheapen, cut rate, debase, decrease, decry, devalorize, devaluate, knock off, lower, mark down, nose dive, revalue, take down, underrate, undervalue, write down, write off; concepts 330,335 Ant. increase, overvalue, raise  …   New thesaurus

  • devalue — ► VERB (devalues, devalued, devaluing) 1) reduce the worth of. 2) reduce the official value of (a currency) in relation to other currencies. DERIVATIVES devaluation noun …   English terms dictionary

  • devalue — [dē val′yo͞o āt΄] vt. devaluated, devaluating [dē val′yo͞o] vt. devalued, devaluing 1. to lessen or, sometimes, annul the value, importance, etc. of 2. to subject (a monetary unit or a currency) to devaluation: Also devaluate [dē val′yo͞o āt΄] vt …   English World dictionary

  • devalüe — sf., Fr. dévalué Değerini düşürmek anlamındaki devalüe etmek ve değeri düşürülmek anlamındaki devalüe olmak birleşik fiillerinde geçer …   Çağatay Osmanlı Sözlük

  • devalue — [[t]di͟ːvæ̱ljuː[/t]] devalues, devaluing, devalued 1) VERB To devalue something means to cause it to be thought less impressive or less deserving of respect. [V n] They spread tales about her in an attempt to devalue her work... [be V ed] Wabel s …   English dictionary

  • devalue — UK [diːˈvæljuː] / US [dɪˈvælju] verb Word forms devalue : present tense I/you/we/they devalue he/she/it devalues present participle devaluing past tense devalued past participle devalued 1) [intransitive/transitive] economics to officially reduce …   English dictionary

  • devalue — verb ADVERB ▪ effectively PREPOSITION ▪ against ▪ The pound was devalued against the US dollar. ▪ by ▪ The Cambodian …   Collocations dictionary

  • devalue — I devaluate, devalue (New American Roget s College Thesaurus) v. See cheapness, underestimation. II (Roget s IV) v. Syn. revalue, depreciate, mark down, devaluate; see cheapen , decrease 2 . III (Roget s 3 Superthesaurus) v. lower, degrade,… …   English dictionary for students

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