devaluate
/diˈvæljuˌeɪt/
verb
- To reduce the official value of a country's currency in relation to other currencies or gold.
- When a country devaluates its money, imports become more expensive.
- Economists warned that to devaluate would cause inflation.
- The government decided to devaluate the currency to boost exports.
- To lower the worth or importance of something or someone.
- Some critics try to devaluate the artist's work, but it remains popular.
- Constant criticism can devaluate a person's self-esteem.
- Don't devaluate your own skills just because you're nervous.
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