Dictionary![]() ![]() de•val•u•a•tionPronunciation: (dē-val"yOO-ā'shun), [key] —n. 1. an official lowering of the exchange value of a country's currency relative to gold or other currencies. 2. a reduction of a value, status, etc. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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