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单词	devaluation
释义	devaluation /ˌdiːvaljʊˈeɪʃ(ə)n / noun [mass noun] 1The reduction or underestimation of the worth or importance of something: the general devaluation of expertise in our culture [count noun]: his philosophical views led to a devaluation of the individual... This fundamental view can help to understand the process of valuation or devaluation in architecture. It was not, however, recognized by many country gentlemen, who bitterly resented this devaluation of their treasured status. In the most recent of these, Maybury argued that these trends reflect a continuing devaluation of women's accomplishments. 1.1 Economics The reduction in the official value of a currency in relation to other currencies: a financial crisis will result in severe devaluation of the country’s currency [count noun]: the pound has suffered a devaluation... The export ratio has not improved in 30 years despite many devaluations of the dollar. Indeed, it seems that many countries cannot end the spiral of debt and devaluation. Besides protecting against inflation and devaluation, there are compelling reasons for a country to decide to give up so much control over its economy.
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