devaluation
noun C1
Plain meaning
a reduction in the value of a currency or asset
Exam-register meaning
In academic or exam writing, this is used to discuss a reduction in the value of a currency or asset in a more precise way.
In context
naturalThe article discussed devaluation during the meeting.
examThe passage suggests that currency devaluation can shape long-term policy or social outcomes.
Common collocations
currency devaluationdevaluation of moneysharp devaluation
Watch out
Do not use a weak verb before this word. Learn the whole word partnership, e.g., “currency devaluation”.