to devalue
15
5.3
- verb
- /dɪˈvæljuː/
- Specialized
- Britain and Italy chose to drop out and devalue their money by 10 percent against the Deutsche Mark.
- devalued the currency
- devalued exchange rate
- devalued rate
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Watch on YouTubeWe keep, you know, devaluing the dollar, inflating.
- We keep, you know, devaluing the dollar, inflating.
- So they have to print, which is only going to devalue debt.
- All right, I guess you could you could wipe it away and devalue the dollar.
- Sweden, Spain, Ireland and France all eventually capitulated and devalued their currencies against the Deutsche Mark.
- So the, I'm sorry, the, the, the, the Pope, like the euro has been devalued.
- Even allies don't want to lend to each other because everybody gets in much more debt and they know that that has to be devalued.
- They usually until they start to understand this concept, think of wealth in dollar terms, but dollars are being devalued.
Examples
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When Brazil devalued its currency in January, the IMF immediately offered help to Argentina and Mexico.
Academic text (1999) -
So just a few days ago, the Chinese devalued the yuan.
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But when they do that, that typically devalues the money.
-
And they won't devalue them until they get them off their books.
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On 30 January, the punt was devalued by 10 percent.
Academic text (2003) -
The zloty was repeatedly devalued to bring it closer to the equilibrium level.
Academic text (1991) -
In September 1991, for example, Zimbabwe devalued its currency as part of a structural reform.
Academic text (1997) -
On July 8, 1997, Indonesia faced a currency crisis that badly devalued the rupiah.
Academic text (2004) -
The Israeli shekel was devalued by 18.8 percent on July 1, 1985.
Academic text (1994) -
The government decided to devalue the currency to stabilize the economy.
Synonyms
9
5.9
To lose value over time, especially money or assets
6
5.1
To make prices or economic activity go down
2
6.6
To fall in value after a period of rapid rise
1
7.5
To make a country's money worth less compared with other currencies
1
4.9
Become worth less over time
Antonyms
How Low
323
4.1
141
2.5
- Specialized
15
5.3
- Specialized
9
5.9
29
2.5
Surface Forms
Morphology
Etymology
The word devalue uses the same parts: de- (meaning 'reduce') and value (meaning 'worth'). So when we talk about money, to devalue a currency is to make it buy less of other money or to 'lose' value.