Definitions of "devaluation"
  1. This refers to the procedure wherein a country's government decreases the value of its currency in comparison to the value of gold or any other foreign currency
  2. This term means the lowering of an object's worth or usefulness, such as a valuable resource
How to use "devaluation" in a sentence
  1. The government's sudden announcement of devaluation took many market players by surprise, causing a frenzy in the stock market.
  2. The devaluation of the property was due to the deterioration of the structures and facilities within its premises.
  3. In the global market, the devaluation of a nation's currency can impact international trade and economic stability.

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