Devalue

Pronunciation: /dɪˈvælˌjuː/

Devalue (verb)

  1. To make something worth less, usually because its importance or quality seems smaller.
  2. To make people think something is less important or less valuable, often by criticism or unfair treatment.
  3. For a government to set a currency at a lower value compared with other currencies.

Examples

  • The new tax can devalue the savings in your account.
  • High fees devalue the reward you expect from the plan.