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Noun: devaluation  dee`valyoo'eyshun
  1. An official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
     
  2. The reduction of something's value or worth

Derived forms: devaluations

See also: devaluate, devalue

Type of: decrease, diminution, reduction, regulating, regulation, step-down

Encyclopedia: Devaluation