devaluation

Etymology

de- + valuation

noun

  1. The removal or lessening of something's value.
    According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work. 2016, Lorraine Giordano, Beyond Taylorism, page 28
  2. (economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
  3. Depreciation.

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