Meaning of the word devalue in English

What does devalue mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

devalue

US /ˌdiːˈvæl.juː/
UK /ˌdiːˈvæl.juː/
"devalue" picture

Verb

1.

reduce or underestimate the worth or importance of something

Example:
Some people tend to devalue the importance of art in education.
His constant criticism began to devalue her efforts.
2.

reduce the value of a currency in relation to other currencies

Example:
The government decided to devalue its currency to boost exports.
A sudden economic crisis can cause a country's currency to devalue rapidly.
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