Devaluation (noun)

  1. The act of reducing the value of a currency in relation to other currencies.
  2. The process of reducing the intrinsic or perceived value of something.

Origin:

From french dévaluation, from dévaluer ("to devalue") from de- ("away from") + valuer ("to value"), from latin valere ("to be worth").

Examples:

  1. The country's economy suffered due to the devaluation of its currency.
  2. The devaluation of the currency made imports more expensive.
  3. The company's stock experienced a devaluation after the scandal broke.
  4. The devaluation of the property market caused many people to lose a lot of money.
  5. The devaluation of the brand was caused by poor management.
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