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Glossary   >   D   >   "Devaluation" Definition            Devaluation A decrease in the spot price of the currency. Often initiated by a government announcement. Lowering the value of a country"s currency compared to the value of a commodity or to the value of another country"s currency. The reduction in value of a currency with respect to another. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Devaluation \ A decrease in the spot price of the currency. Often initiated by a government announcement.

Lowering the value of a country"s currency compared to the value of a commodity or to the value of another country"s currency.

The reduction in value of a currency with respect to another.