Definition

1. Verb:
   • To devalue, to depreciate (a currency): The primary economic meaning, referring to a deliberate reduction in the official value of a nation's currency relative to other currencies or a standard (like gold).
   • To sell at a very low price, to dump (goods): A commercial meaning, referring to the act of selling goods at a price significantly below the market rate or cost, often to eliminate competition or clear inventory.

Usage Examples

• Verb (Currency):
  • Chính phủ có thể quyết định phá giá đồng tiền để thúc đẩy xuất khẩu. (The government may decide to devalue the currency to boost exports.)
  • Sự phá giá của đồng tiền có thể dẫn đến lạm phát. (The devaluation of the currency can lead to inflation.)
• Verb (Goods):
  • Cửa hàng đang phá giá toàn bộ hàng tồn kho cuối mùa. (The store is dumping all end-of-season inventory at very low prices.)
  • Hành động bán phá giá đó bị coi là cạnh tranh không lành mạnh. (That dumping / selling at a loss is considered unfair competition.)

Advanced Usage

• "phá giá tiền tệ" / "phá giá đồng tiền": A fixed phrase meaning "currency devaluation."
  • Cuộc khủng hoảng buộc quốc gia phải tiến hành phá giá tiền tệ. (The crisis forced the country to carry out a currency devaluation.)
• "bán phá giá": A fixed phrase meaning "to dump goods," "to sell at a loss," or "to have a clearance sale."
  • Công ty nước ngoài bị cáo buộc bán phá giá sản phẩm vào thị trường trong nước. (The foreign company is accused of dumping products in the domestic market.)

Variants and Related Words

• Sự phá giá (n): Devaluation, dumping. (The act or instance of devaluing or dumping).
  • Sự phá giá đột ngột gây ra nhiều bất ổn. (The sudden devaluation caused much instability.)
• Phá sản (v): To go bankrupt. (A different word; means business failure, not devaluation).
• Giảm giá (v): To discount, to reduce price. (A general price reduction, less severe or strategic than ).

Synonyms

• Làm mất giá (v): To devalue, to depreciate. (Closest synonym for the currency meaning).
• Bán tháo (v): To sell off, to liquidate. (Similar to the commercial meaning, often in a panic).
• Bán lỗ (v): To sell at a loss. (Highlights the commercial aspect of selling below cost).

Related Phrases / Compound Terms

• Chiến tranh phá giá: Price war. (Intense competition where companies repeatedly lower prices).
• Tỷ giá hối đoái: Exchange rate. (The rate at which one currency is exchanged for another, directly affected by ).

Related Idioms

verb

1. to collapse, to develuate
   • sự phá giá của đồng tiền
     to collapse of the money