Meaning:
The word "devalued" is an adjective that means something has lost its value or worth. This can happen to money, items, or even ideas. For example, if a currency is devalued, it means it is worth less than it used to be.
In economics, "devaluation" refers to the official lowering of the value of a country's currency in relation to other currencies. This is a policy decision made by a government or its central bank.
Devalue (verb): To lower the value of something.
Example: The government decided to devalue the currency to boost exports.
Devaluation (noun): The process or result of devaluing.
Example: The devaluation of the peso caused prices to rise.
"Fall from grace": This idiom means to lose status or respect, which can be similar to feeling devalued.
Example: The celebrity's fall from grace was swift after the scandal.
"Take a hit": This phrasal verb means to suffer a loss, which can refer to devaluation in a broader sense.
Example: The company took a hit when their stock was devalued after the bad news.
Understanding the word "devalued" helps you describe situations where something has lost its value, whether it be money or personal worth.