devalued

de·val·ue  (d-vly) also de·val·u·ate (-vly-t)

v. de·val·ued also de·valu·at·ed, de·val·u·ing also de·val·u·at·ing, de·val·ues also de·val·u·ates

v.tr.

1. To lessen or cancel the value of.

2. To lower the exchange value of (a currency) by lowering its gold equivalency.

v.intr.

To lower the exchange value of a currency by lowering its gold equivalency.

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de·valu·ation n.

Thesaurus

Adj.

1.

devalued - lowered in value; "the dollar is low"; "a debased currency" debased, degraded low - less than normal in degree or intensity or amount; "low prices"; "the reservoir is low"