单词 | devalue |
释义 | devalue devalue // verb
1 (Economics ) [+ obj or no obj] to reduce the value of the money of one country when it is exchanged for the money of another country; to become a less valuable currency compared to another: The authorities devalued the peso against the US dollar by nine per cent. The country could be forced to devalue. a devalued currency She predicted that the pound would devalue against the euro. OPP REVALUE See note at CURRENCY
2 [+ obj] to make sth seem less important or valuable than it should be: They fear that selling the car alongside cheaper vehicles will devalue their brand. The skill of selling has become devalued.
devaluation // noun [C,U]: a currency devaluation The company's profits were affected by the sharp devaluation of the rand. |
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