revaluation
revaluation — noun
1. the act of looking again at something such as property, a company, or an artwork
the act of looking again at something such as property, a company, or an artwork to decide its current financial worth — often resulting in a higher value than before
The board ordered a revaluation of all company assets after the merger was announced.
revaluation + of + assets (company property)
After property prices doubled, the city council ordered a revaluation of every building in the district.
A revaluation of the old paintings surprised the museum staff with their true worth.
The software firm hired an outside team for a revaluation of its patent portfolio before the acquisition.
- reappraisal
more general; can apply to non-financial situations such as career or relationships
- reassessment
broader in scope; often used for policies, risks, or strategies, not just financial worth
文法句型
revaluation + of + noun
用法筆記
Common in business, insurance, and property contexts. Frequently followed by 'of' plus the item being valued. In accounting, a revaluation often adjusts an asset's book value upward to match current market prices.
常見錯誤
2. when a government or central bank officially raises the exchange value of its co
when a government or central bank officially raises the exchange value of its country's currency compared with foreign currencies
China's revaluation of the yuan made imported goods cheaper for its trading partners.
revaluation + of + currency name (yuan, yen, euro, etc.)
The central bank announced a revaluation of the national currency by five percent to fight inflation.
revaluation + of + currency + by + percentage
Japanese exporters worried that a revaluation of the yen would make their products more expensive abroad.
Switzerland's revaluation of the franc in 2015 caught global currency markets by surprise.
- appreciation
describes a market-driven rise in value, not an official government decision
- devaluation
an official reduction in the value of a currency
文法句型
revaluation + of + currency name
用法筆記
A technical term in international economics. Unlike 'appreciation' (which happens through market trading), a revaluation is a deliberate official decision by a government or central bank. The opposite is 'devaluation'.