noun Download 🔗Share The process of altering the relative value of a currency or other standard of exchange. Examples : "After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation." economy business finance value Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A reassessment of the value or worth of something; a reappraisal or reevaluation. Examples : "After the soldiers raided her farm for supplies, she was forced to a revaluation of their benefit as protectors." value business economy finance Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share 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). Examples : "After leaving the company, Maria's pension benefit underwent a revaluation to reflect its growth from her departure to her retirement date. " finance insurance business economy value Chat with AIVocabulary GamePractice Reading