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Devaluation   /dɪvˌæljuˈeɪʃən/  /dˌivæljuˈeɪʃən/   Listen
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.
2.
The reduction of something's value or worth.






WordNet 3.0 © 2010 Princeton University








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"Devaluation" Quotes from Famous Books



... of liquor interstate, a majority of the Justices have been disposed to by-pass the Twenty-first Amendment and to resolve the issue exclusively in terms of the commerce clause and State police power. This trend toward devaluation of the Twenty-first Amendment was set in motion by Ziffrin, Inc. v. Reeves[7] wherein a Kentucky statute, forbidding the transportation of intoxicating liquors by carriers other than licensed common ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin



Words linked to "Devaluation" :   devaluate, evisceration, reduction, step-down, diminution, regulating, devalue, decrease, regulation



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