devalue

de|value /d'iːv'æljuː/ (devalues devaluing devalued)
1 [VERB] V n
To devalue something means to cause it to be thought less impressive or less deserving of respect.
They spread tales about her in an attempt to devalue her work...
devalued [ADJ]
She feels devalued because she knows her husband has had affairs.
2 [VERB] V n by amount
To devalue the currency of a country means to reduce its value in relation to other currencies.
India has devalued the Rupee by about eleven per cent...
devaluation [N-VAR]
It will lead to devaluation of a number of European currencies...

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