devalorize

/dɪˌvɒləˈraɪz/

Definitions

1. verb

to lower the value or status of something, especially a currency, stock, or asset, by reducing its purchasing power or value.

“The economic crisis led to the devalorization of the national currency.”

2. verb

to reduce the value of something, such as a currency or asset, in relation to another currency or asset, often by official action or decree.

“The government decided to devalorize the currency to make exports more competitive.”

3. noun

the act or process of reducing the value or status of something, especially a currency, stock, or asset.

“The devalorization of the currency had a significant impact on the country’s economy.”

Synonyms

  • devalue
  • undervalue

Antonyms

  • revalue
  • valorize