revaluation
noun
Forms revaluations
- noun 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.”
- noun 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.”
- noun (UK, 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).
Synonyms
Webster’s 1913
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “revaluation”, CC BY-SA 4.0. Details