devaluation
nounEtymology From de- + valuation.
1
The removal or lessening of something's value.
- According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.2016, Lorraine Giordano, Beyond Taylorism, page 28:
2
Economics, Sciences The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
3
Depreciation.
- Derived terms
- postdevaluation, predevaluation