Devaluation
WordNet
noun
(1) The reduction of something's value or worth
(2) An official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
WiktionaryText
Noun
- The removal or lessening of something's value.
- The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value -- the price of gold for example.
- Depreciation