devaluation
/ˌdiːvæljuˈeɪʃn/
CEFR level C1Topic EconomyWord #5661 in the learning path
货币贬值
Definitions
n. An official reduction in a currency's value relative to other currencies.
货币贬值
n. A reduction in the worth or importance given to something.
价值降低；贬低
Example
After the devaluation, imported coffee became much more expensive.
货币贬值后，进口咖啡贵了许多。
Currency devaluation can make exports more competitive, but it also raises the cost of imported goods.
货币贬值可以提高出口竞争力，但也会增加进口商品的成本。
Collocations
- currency devaluation
- sharp devaluation
- devaluation of care work
Word family
- devalue (v.)
- value (n.)
- revaluation (n.)
Antonyms
- revaluation
Usage tip
经济学中常指官方下调汇率；市场贬值多用depreciation。
FAQ
- What does devaluation mean?
- An official reduction in a currency's value relative to other currencies. A reduction in the worth or importance given to something.
- How is devaluation pronounced?
- UK /ˌdiːvæljuˈeɪʃn/, US /ˌdiːvæljuˈeɪʃn/. Use the audio buttons above to listen.
