Definition

A process of determining the new value or worth of something, often related to currency or assets.

Example

The company announced a revaluation of its assets to reflect current market conditions.

Conversation

Have you heard about the recent revaluation of the local currency?

Yeah, I read about it; it seems like it will affect prices a lot.

I wonder how a revaluation like this impacts our savings.

It could be a good thing, but we should keep an eye on the changes.

Synonyms & Antonyms

Root Explanation

Revaluation → It is formed from "re-" (meaning again) and "valere" (meaning to be strong or to be worth). The word "revaluation" means the act of valuing something again, often in terms of its worth or price.

Memory Tip

Think of 'valuing' something 'again' — 're-' means again, and 'valere' means to be worth.

Visually Confused Words