Definition, Meaning & Synonyms
devalorization
Noun
dee-val-uh-ruh-ZAY-shun
Definition
The reduction or loss of the value of a currency, asset, or other economic items.
Examples
- The devalorization of the national currency led to increased prices for imports.
- Investors were concerned about the potential devalorization of their assets in the market.
- Many economies struggle with devalorization during times of economic instability.
Meaning
Devalorization refers to the decrease in the value of a currency, often due to economic factors such as inflation or changes in market demand.
Synonyms
- Depreciation
- Devaluation
- Decline in value
