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devaluation in Finance (divÃ¦lyueÉªÊÉn) noun. ( Finance : Foreign exchange ) Devaluation is a deliberate decrease in the exchange value of a currency against another currency that is made by a government. It will lead to devaluation of a number of currencies.
âº to make âchanges to a âbook, âdocument, etc. in âorder to âimprove it, âcorrect mistakes, or make it contain the most recent âinformation: This third âedition has been completely âupdated and revised. (Definition of revise from the Cambridge Business English Dictionary Â© Cambridge University Press).