different between revaluation vs devaluation

English

Etymology

re- +? valuation

Noun

revaluation (countable and uncountable, plural revaluations)

1. The process of altering the relative value of a currency or other standard of exchange.

   After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation.

2. A reassessment of the value or worth of something; a reappraisal or reevaluation.

   After the soldiers raided her farm for supplies, she was forced to a revaluation of their benefit as protectors.

   • 1973, Philippa Foot, “Nietzsche: The Revaluation of Values” in Nietzsche: A Collection of Critical Essays, edited by Robert C. Solomon, Garden City, New York: Anchor Books, ?ISBN, page 162:

     It is, then, for the sake of the “higher” man that the values of Christian morality must be abandoned, and it is from this perspective that the revaluation of values takes place.

   • ibidem, page 167:

     The conclusion of this discussion must be that Nietzsche’s “revaluation of values” is a most complex matter, and there is no single answer to the question as to what he was attacking or as to what the basis might be for the attack.

3. (Britain, pensions) The application of compound growth to the value of a pension benefit, specifically from the date of the member leaving the scheme (for example, moving to a different employer) to the date that the member starts receiving the benefit (typically retirement).

Translations

See also

• transvaluation

English

Etymology

de- +? valuation

Pronunciation

• Rhymes: -e???n

Noun

devaluation (plural devaluations)

1. The removal or lessening of something's value.
2. (economics) The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value (e.g. the price of gold).
3. Depreciation.

Translations