Devalue
(verb)
- To reduce the value of a currency in relation to other currencies.
- To reduce the intrinsic or perceived value of something.
Origin:
From french dévaluer ("to devalue") from de- ("away from") + valuer ("to value"), from latin valere ("to be worth").
Examples:
- The country's government devalued the currency to try to boost exports.
- The scandal caused the company's stock to devalue.
- The property market devalued causing many people to lose a lot of money.
- The brand was devalued by poor management.
- He was accused of devaluing the company's reputation by spreading false rumors.