Revaluation (noun)

  1. An act of reassessing the value or worth of something, especially currency.
  2. A change in the exchange rate or value of a currency in relation to other currencies, due to official action or market conditions.
  3. A reassessment of the value or worth of an asset, property, or stock.

Origin:

Derived from the verb 'revalue' meaning 'to re-assess the worth of something', the word has been in use since the late 19th century.

Examples:

  1. The revaluation of the currency caused widespread changes in the economy.
  2. The revaluation of the stock led to a significant increase in the company's worth.
  3. The revaluation of the property was based on its improved condition and location.
  4. The revaluation of the asset portfolio was done to optimize the investments.
  5. The revaluation of the antiques collection was done by a team of experts.
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