- Revaluation
- An increase in the foreign exchange value of a currency that is pegged to other currencies or gold. The New York Times Financial Glossary
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1. FINANCE to examine something again in order to calculate its current value in relation to other similar things:• Some properties need to be revalued.
• They recommended that we should revalue our assets once every five years.
2. ECONOMICS to increase the value of a country's money in relation to that of other countries:— revaluation noun [countable, uncountable] :• From that date there were no revaluations of property.
• revaluation of the pound
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Formal upward adjustment of a currency's official par value or central exchange rate. Opposite of devaluation.* * *
revaluation UK US /riːˌvæljuːˈeɪʃən/ noun [C or U]► FINANCE, ACCOUNTING the act of calculating the value of something again, especially to give it a higher value than before: »The property revaluation is likely to add £100 million to the company's assets.
► ECONOMICS the act of increasing the value of a country's currency in comparison with the currency of other countries: »A revaluation of the Euro now seems inevitable.
Financial and business terms. 2012.