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Revaluation

noun

Definitions

Noun
  1. 1
    The process of altering the relative value of a currency or other standard of exchange. countable, uncountable

    "After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation."

  2. 2
    a new appraisal or evaluation wordnet
  3. 3
    A reassessment of the value or worth of something; a reappraisal or reevaluation. countable, uncountable

    "After the soldiers raided her farm for supplies, she was forced to a revaluation of their benefit as protectors."

  4. 4
    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). UK, countable, uncountable

Etymology

From re- + valuation.

See also for "revaluation"

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