devaluation

Noun
  1. An official lowering of a nation's currency;
    A decrease in the value of a country's currency relative to that of foreign countries (synset 100807185)
    is a type of: regulating, regulation - the act of controlling or directing according to rule
  2. The reduction of something's value or worth (synset 100354818)
    is a type of: decrease, diminution, reduction, step-down - the act of decreasing or reducing something
    subtypes: evisceration - altering something (as a legislative act or a statement) in such a manner as to reduce its value

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