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What does devaluate mean?

Looking for the meaning or definition of the word devaluate? Here's what it means.

Verb
  1. (transitive) To reduce in value.
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Examples
We're heading toward government devaluing its currency to devaluate its debt in order to survive.
This threatens to devaluate culture in a way these authors may not wish.
The Taiwan dollar is under pressure to devaluate because the island's economy is slowing.
The government did not devaluate its currency overnight despite a lot of pressure from the tourism and industrial sectors.
France renounced its previous obligations and refused any further payments with the result that the money quickly began to devaluate.
For many the real disappointment has not been that he wants to devaluate the pound, but that he has not followed up the deed with some plan.

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