Devaluate (Verb)
Meaning 1
Remove the value from; deprive of its value.
Classification
Verbs of size, temperature change, intensifying, etc..
Synonyms
Hypernyms
Hyponyms
Related Words
Meaning 2
Lose in value; "The dollar depreciated again".
Classification
Verbs of size, temperature change, intensifying, etc..
Examples
- The economic downturn caused the local currency to devaluate significantly against major foreign currencies.
- Over time, the company's stock began to devaluate due to poor management and decreasing profits.
- Rapid inflation can cause a country's currency to devaluate and lose purchasing power.
- The effects of war on a nation's economy often cause its currency to devaluate rapidly.
- As trade deficits mounted, the nation's currency started to devaluate on the foreign exchange market.