devaluation
/ˌdiːˌvæljuˈeɪʃn/ (bre, ipa) · /ˌdiːˌvæljuˈeɪʃn/ (ame, ipa) · /(ˌ)dē-ˌval-yə-ˈwā-shən -yü-ˈā-/ (ame, mw)
devaluation — noun
- devaluationsingular
- devaluationsplural
1. a planned cut in a country's currency value, so it buys less of foreign money th
a planned cut in a country's currency value, so it buys less of foreign money than before.
After the devaluation, importers in Lima paid more for wheat.
after + devaluation: imported goods cost more
The finance minister announced a devaluation of the dinar before dawn.
announce a devaluation of [currency]
A sharp devaluation made Elena's tuition bill abroad much harder to afford.
Export factories cheered the devaluation because overseas buyers saw lower prices.
- depreciation
broader term for value falling, often without an official decision
- weakening
less formal and often used for a gradual fall in market value
- currency cut
plain but less standard than the technical noun
- revaluation
an official move that raises a currency's value
- appreciation
a rise in value, often through market forces
文法句型
the devaluation of [currency]
announce a devaluation
devaluation against [currency]
用法筆記
Used for an official lowering of a currency's exchange value, often by a government or central bank. Distinguish from noun sense 2: this sense is about money between countries, not about respect or importance.
常見錯誤
2. the act of making a person, skill, or idea seem less worthy of respect, value, o
the act of making a person, skill, or idea seem less worthy of respect, value, or attention.
The article's jokes caused a devaluation of nurses' work in public debate.
devaluation of [work/group] in discussion
Parents feared the budget cuts would bring a devaluation of art classes.
Mei criticized the devaluation of local history in the new museum plan.
Many readers saw the headline as a devaluation of disabled athletes' achievements.
- belittling
more direct and usually more personal in tone
- demeaning
stronger; stresses damage to dignity or respect
- undervaluing
often focuses on not giving enough credit or importance
- recognition
giving proper value or public credit
- appreciation
showing that something is valued and respected
文法句型
the devaluation of [person/idea/work]
see something as a devaluation of [something]
用法筆記
Mostly used in formal criticism about how people judge work, groups, or ideas. Distinguish from noun sense 1: this use lowers esteem or importance, not a currency exchange rate.