Meaning of Devaluation | Babel Free

Definitions

1. The removal or lessening of something's value.
   countable, uncountable
2. 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).
   countable, uncountable
3. Depreciation.
   countable, uncountable

Equivalents

Examples

“According to Braverman's thesis, Taylorism, or scientific management, has been the key feature in the devaluation and dequalification of work.”

CEFR level