See Also: Devalue(money)
devalue(dictionary)
devalue(dictionary)

devalue (iou)



devalue verb trans. [di:'valju:] E20.
[from DE- 3 + VALUE noun.]
Reduce or annul the value of; deprive of value; spec. reduce the official value of (a currency) relative to gold or another currency.
Lyndon B. Johnson The British government had decided to devalue the pound from $2.80 to $2.40. M. Sarton Men still do rather consistently undervalue or devalue women's powers. W. Boyd The reek of corn beer on his breath tended to devalue his protestations of innocence.