revaluation

Plural: revaluations

Noun

• a new appraisal or evaluation
• The process of altering the relative value of a currency or other standard of exchange.
• A reassessment of the value or worth of something; a reappraisal or reevaluation.
• The application of compound growth to the value of a pension benefit, specifically from the date of the member leaving the scheme (for example, moving to a different employer) to the date that the member starts receiving the benefit (typically retirement).

Examples

• After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation.

Synonyms

reappraisal, reassessment, review

Related Words

transvaluation