Revalue

To revalue means to assess or estimate the worth or value of something again, typically to increase it. This often involves a formal adjustment or upward revision of the value, especially in financial contexts. It can also relate to reappraising the importance or significance of something non-monetary. The act considers new information, changing market conditions, or a revised understanding, resulting in a recalculated and updated valuation or appreciation. Essentially, revaluing involves a reassessment designed to reflect a more accurate or current representation of value.

Revalue meaning with examples

• Following a period of strong economic growth, the government decided to revalue the currency, hoping to curb inflation and make imports cheaper. This move would impact international trade and the relative buying power of citizens. The economists predicted mixed effects with some industries suffering in the wake of increased import prices, and others gaining traction.
• The company had to revalue its property portfolio due to rising real estate prices. The accountants reassessed the market values of buildings and land, recognizing substantial increases. This had a positive impact on their balance sheet, increasing their net asset value. It showed a healthy position of the company.
• After years of neglect, the museum decided to revalue the importance of local artists, holding a new exhibition and acquiring their works to give them a more prominent place in the community. They chose to shed light on previously unconsidered works to better understand and present regional history, which created a shift in focus.
• The management team decided to revalue the importance of employee wellbeing after experiencing increasing turnover rates and declining morale. The change introduced more flexible work arrangements and enhanced mental health resources, leading to increased productivity and employee satisfaction. This resulted in better work-life balance.