Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “devalue”


verb     /ˌdiːˈvæljuː/
[I or T] FINANCE, ECONOMICS to reduce the rate at which one currency can be exchanged for another: It caused a major crisis when the pound was devalued. The banking system was in trouble before the government was forced to devalue.
[I] FINANCE, ECONOMICS to become less valuable : There are several reasons why the pound has devalued against the euro .
[T] to make someone or something seem to be of less value or importance : Let us not devalue the work that he has done. Foreclosures devalue nearby homes and entire neighborhoods .
(Definition of devalue verb from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of devalue

Definitions of “devalue” in other dictionaries

Word of the Day


the art and knowledge involved in preparing and eating good food

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More