devaluation
See also: dévaluation
English
editEtymology
editPronunciation
edit- Rhymes: -eɪʃən
Noun
editdevaluation (countable and uncountable, plural devaluations)
- The removal or lessening of something's value.
- 2016, Lorraine Giordano, Beyond Taylorism, page 28:
- According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.
- (economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
- Depreciation.
Translations
editdepreciation
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