revalorize
Definition
- Verb (transitive):
- To restore the value of (a currency): "revalorize" means to increase or restore the official value of a country's currency, typically after a period of devaluation or economic instability.
- To reassess or enhance the worth of something: In a broader sense, it can mean to give new or increased value to an asset, commodity, or concept.
Usage Examples
Currency restoration:
- The central bank decided to revalorize the national currency to stabilize the economy. (The bank increased the official value of the currency.)
- After years of inflation, the government took steps to revalorize the peso. (The government restored the peso's worth.)
Broad sense:
- The museum sought to revalorize its collection by updating appraisals. (The museum reassessed and increased the value of its artworks.)
- The company plans to revalorize its brand through a new marketing campaign. (The company aims to enhance the perceived value of its brand.)
Advanced Usage
"to revalorize a debt": to adjust the nominal value of a debt to reflect changes in purchasing power or currency value.
- The agreement allowed creditors to revalorize the debt based on inflation rates. (Creditors could adjust the debt's value.)
"revalorization" (noun): the process of restoring or reassessing value.
- The revalorization of the currency led to increased foreign investment. (The process of restoring the currency's value.)
Variants and Related Words
Revalorization (noun): the act or process of revalorizing.
- The revalorization of assets was completed last quarter. (The reassessment of asset values.)
Revalorized (adjective): having had its value restored or increased.
- The revalorized currency helped control inflation. (The currency with restored value.)
Synonyms
- Revalue: to assess or fix the value of something again, especially a currency.
- Restore: to bring back to a former condition or value.
- Reassess: to evaluate or estimate the worth of something again.
Related Idioms
- "a revalorization of priorities": a metaphorical reassessment of what is important.
- The crisis led to a revalorization of priorities in the community. (A reassessment of what matters most.)