DEVALUATES Meaning and
Definition
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Devaluates is a verb that refers to the act of reducing or lowering the value, worth, or importance of something. It is the process or action of diminishing the significance, importance, or quality of an object, concept, currency, or entity.
In the context of currency, devaluates is used to describe the deliberate decision of a government or central bank to reduce the value of its currency in relation to other currencies, typically through official or market mechanisms. This action is often taken to improve a country's competitiveness in international trade or to address economic challenges. Currency devaluation can result in a decrease in the purchasing power of the affected currency, making imports more expensive, while potentially stimulating exports by making them more affordable for foreign buyers.
Furthermore, devaluates can also be used in a broader sense beyond currency, indicating a general decrease in the worth or desirability of something. For instance, it can refer to the diminishing value or significance of an asset, such as a property or investment, due to certain economic or market factors. Additionally, it can indicate the depreciation of a concept, idea, or belief in the eyes of individuals or society at large.
Overall, devaluates encompasses actions taken to decrease the value or importance of something, whether it be currencies, assets, concepts, or other aspects of the modern world.
Common Misspellings for DEVALUATES
- devaluated
- devaluate
- devaluaton
- devalueted
- xevaluates
- cevaluates
- fevaluates
- dwvaluates
- dsvaluates
- ddvaluates
- drvaluates
- d4valuates
- d3valuates
- decaluates
- debaluates
- degaluates
- defaluates
- devzluates
- devsluates
- devwluates
Etymology of DEVALUATES
The word "devaluates" is a verb form derived from the word "devaluate". The etymology of "devaluate" traces back to Latin and French origins.
The Latin root is "de-" meaning "down" or "away", and "valeo" meaning "to be of worth" or "be strong". In Latin, the compound verb "devalere" was formed, which meant "to lessen in value" or "depreciate".
During the 19th century, this Latin root found its way into French, where the verb "dévaluer" was formed. In French, "dé-" still meant "down" or "away", and "valeur" referred to "value". Thus, "dévaluer" meant "to reduce in value" or "devalue".
Eventually, "devaluate" made its way into English.
Similar spelling words for DEVALUATES
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