devalue

Word family

Related topics: Currencies

1 [intransitiveI, transitiveT] technicalPEC to reduce the value of one country’s money when it is exchanged for another country’s money （使）〔货币〕贬值

Nigeria has just devalued its currency.

尼日利亚刚刚令自己的货币贬值。

2 [transitiveT]IMPORTANT# to make someone or something seem less important or valuable 贬低

History has tended to devalue the contributions of women.

历史往往贬低女性的贡献。

—devaluation /diːˌvæljuˈeɪʃən/ noun [countableC, uncountableU]

the devaluation of the pound

英镑的贬值

Examples from the Corpus

devalue• The ruble has been devalued.• This led to a surplus of qualified workers and made it possible for their work and pay to be devalued.• I think the use of words such as courage and bravery are over used and they have become devalued as a result.• Britain's pound was effectively devalued by ten percent yesterday.• Indiscriminate use of praise devalues its power as a motivator and reward.• They're always trying to devalue my contribution to the department.• It is up to politicians in a democracy to nurture faith in it, not devalue that faith.• A real injury crisis like this can devalue the game.• Because our culture devalues the reasons for getting married, it also has a limited view of the permanence of marriage.

devalued ... currency• There was no more devalued currency than a Conservative election promise.

From Longman Business Dictionary

devaluede·val·ue /diːˈvæljuː/ verb

1[transitiveT]MARKETING to cause something to lose its value

Heavy price discounting will devalue our famous brands.

2[transitiveT]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[intransitiveI]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 [countableC, uncountableU]

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

Chinese

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