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What is another word for devaluation?

Need synonyms for devaluation? Here's a list of similar words from our thesaurus that you can use instead.

A reduction, especially in price in order to stimulate sales
“In the north west currency devaluation has led to a huge jump in the price of imported rice.”
The process of becoming progressively worse in standard or quality
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A sudden severe or prolonged fall in the price, value, or amount of something
A lowering of rank or status
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