revalorization
/riˌvælərəˈzeɪʃən/
noun
- The act or process of giving new value or importance to something that was previously undervalued or ignored.
- There has been a revalorization of manual skills in an age of automation.
- The revalorization of the old neighborhood attracted new businesses and residents.
- The museum's revalorization of folk art brought attention to local traditions.
- An increase in the official value of a currency, especially by government action.
- After the revalorization, exports became more expensive for foreign buyers.
- Economists debated the effects of the sudden revalorization on the stock market.
- The central bank announced a revalorization of the national currency to fight inflation.
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