Definition, Meaning & Synonyms

devaluing

Verb

/diːˈvæljuːɪŋ/

Definition

The reduction or loss of the value of an asset, currency, or economic system.

Examples

The government is considering devaluing the national currency to boost exports.
Devaluing the asset led to significant losses for the investors.
After devaluing, the local economy began to recover as foreign investments increased.

Meaning

Devaluing refers to the process of decreasing the worth or value of something, often relating to currency or economic conditions, resulting in a lower purchasing power.