devalue

 
Pronunciation: /diːˈvaljuː/

verb (devalues, devaluing, devalued)

[with object]
  • reduce or underestimate the worth or importance of: I resent the way people seem to devalue my achievement
  • Economics reduce the official value of (a currency) in relation to other currencies: the dinar was devalued by 20 per cent

Derivatives

devaluation

noun