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devalue

Pronunciation: /diːˈvæljuː/

Translation of devalue in Spanish:

transitive verb/verbo transitivo

  • 1.1 [Finance] [currency] devaluar*
    Example sentences
    • In March 1995 the Spanish and Portuguese currencies were devalued by 7 and 3 per cent, respectively.
    • Inflation, which is always politically engineered, devalues currencies, debases trust and takes years to work its way out of investors' perceptions.
    • Analysts argue, for example, that China, widely considered to have played a constructive role in helping East Asia recover from the last crisis, did so by sticking to its market reform efforts and not devaluing its currency.
    1.2 [person/work] subvalorar
    Example sentences
    • One aspect of the problem is that playing Bangladesh regularly is inflating the statistics of players from other teams who play them a lot, and devaluing the importance of test matches.
    • But it has a downside: one of them would lose, and Warren would have to decide whether it is worth devaluing one of his commodities to advance the other.
    • By using knowledge in an instrumental way, it devalues its importance.

Definition of devalue in:

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Word of the day tecito
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Cultural fact of the day

The current Spanish Constitution (Constitución Española) was approved in the Cortes Generales in December 1978. It describes Spain as a parliamentary monarchy, gives sovereign power to the people through universal suffrage, recognizes the plurality of religions, and transfers responsibility for defense from the armed forces to the government. The Constitution was generally well received, except in the Basque Country, whose desire for independence it did not satisfy. It is considered to have facilitated the successful transition from dictatorship to democracy.