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English definition of “devalue”

devalue

verb [T]
 
 
/ˌdiːˈvæljuː/ (present participle devaluing, past tense and past participle devalued)
MONEY to make something less valuable, especially a country's money: to devalue the poundValue and price decreasesDeteriorating and making worse
IMPORTANCE to make someone or something seem less important than they really areOf little or less importance
(Definition of devalue from the Cambridge Learners Dictionary © Cambridge University Press)
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