Definition, Meaning & Synonyms
reval
verb
/ˈriː.vəl/
Definition
To revalue something, particularly financial assets or currency, usually in relation to changes in economic conditions.
Examples
- After the economic crisis, the government decided to reval the national currency.
- Investment firms often need to reval their portfolios to reflect current market conditions.
Meaning
The act of adjusting the value of a currency or financial asset based on new information or economic changes.
Synonyms
- reassess
- recalculate
- adjust
