Devaluation is valid Scrabble Word

Definitions for DEVALUATION in dictionary:

NOUN:
• an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
• the reduction or underestimation of the worth or importance of something
• the reduction in the official value of a currency in relation to other currencies
• an official lowering of a nation\'s currency; a decrease in the value of a country\'s currency relative to that of foreign countries
• the reduction of something\'s value or worth

Words related to DEVALUATION

devaluations16

How to use DEVALUATION in a sentence

• The country responded favorably to the devaluation of the CFA franc in January 1994.
• Roman economy was honey-combed with problems created by deficit spending, currency devaluation and exploitation.

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