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de·val·ue Listen to audio/diˈvælju/ verb
de·val·ues; de·val·ued; de·val·u·ing
1 finance : to lower the value of a country's money so that it is worth less when it is traded with another country's money [+ obj] The government has decided to devalue its currency. [no obj] Economic woes forced the government to devalue.
2 [+ obj] : to cause (something or someone) to seem or to be less valuable or important
He argues that placing too many requirements on schools devalues the education they provide. Domestic work is often devalued. [=undervalued]
— de·val·u·a·tion Listen to audio /diˌvæljəˈweɪʃən/ noun, plural de·val·u·a·tions
[noncount] attempts to avoid devaluation [count] currency devaluations

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