Devaluating
Devaluating refers to the act of reducing the value of something, often money, or a concept, typically through official action or market forces. This decrease in value can impact purchasing power, assets, or reputation. The process involves a shift downwards, diminishing its worth relative to other things. Factors like inflation, economic instability, and poor management can contribute to the process. It signifies a loss in relative or real worth, decreasing its effectiveness, desirability or usefulness.
Devaluating meaning with examples
- The government's decision to print more currency led to rapid devaluating of the nation's money. This resulted in higher inflation rates, making imports expensive and domestic goods uncompetitive on global markets. Citizens saw their savings erode rapidly.
- Years of poor management and a lack of investment gradually resulted in the devaluating of the company's brand. This was due to the drop in quality of goods sold, and its share price plummeted. Consumers lost trust.
- The art expert explained that the discovery of forgeries was devaluating the entire collection's market. It was no longer possible to know which artworks were legitimate. This was a massive setback.
- The constant online scandal started devaluating her public image. Her reputation was destroyed, people stopped following her, sponsors abandoned her, and opportunities dried up quickly, affecting her life.
- The market crash in 1929 left banks devaluating their investments and assets to remain solvent. They found them worthless, leaving many investors facing a terrible situation. This was a scary event.