revaluation
The process of altering the relative value of a currency or other standard of exchangeThe process of altering the relative value of a currency or other standard of exchange.
Meaning
3 senses(countable, uncountable)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.
(countable, uncountable)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.
(UK, countable, uncountable)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).
- a new appraisal or evaluation
Translations
1 languagesForms
plural: revaluations| Singular | revaluation |
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| Plural | revaluations |
regular
Synonyms
3 synonyms- a new appraisal or evaluation:reappraisalreviewreassessment
Word family
3 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable