Definition, Meaning & Synonyms
devalued
verb
/dɪˈvæljuːd/
Definition
reduced in value or worth, typically in reference to currency or assets.
Examples
- After the economic crisis, the country’s currency was devalued to stabilize the market.
- Many investors were concerned about the devalued assets in their portfolios.
Meaning
The process or act of lowering the value of something, particularly in economic contexts, where the value of a currency is lowered in comparison to others.
Synonyms
- lowered
- reduced
- diminished
- deflated
- depreciated