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Verb: devaluate  dee'val-yoo,eyt
  1. Remove the value from; deprive of its value
    "The government's decision to devaluate the currency shocked the markets";
    - devalue
     
  2. Lose in value
    "The currency continued to devaluate against the dollar";
    - depreciate, devalue

Derived forms: devaluating, devaluates, devaluated

Type of: cheapen, come down, decrease, degrade, dent, diminish, fall, go down, lessen, sink

Encyclopedia: Devaluate