Revaluation
/riːˌvæljuˈeɪʃən/
In economics, revaluation is the process of adjusting the value of an asset or currency to reflect new conditions.
Examples
- A revaluation will be necessary if inflation rises further.
- Economists are revaluating the housing market trends.
- Last year the government revaluated the national assets.
- They have revaluated the portfolio after the market crash.
- The revaluation of the currency boosted exports.
Meanings