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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.
devÂ·oÂ·luÂ·tion (dÄvâ²É-loÍoâ²shÉn, dÄâ²vÉ-) n. 1. A passing down or descent through successive stages of time or a process. 2. Transference, as of rights or qualities, to a successor. 3. Delegation of authority or duties to a subordinate or substitute.