Devalued vs Depreciated - What's the difference?
devalued | depreciated | Related terms |
(devalue)
To lower or remove the value of something.
To lose value; to depreciate.
(depreciate); reduced in value over time.
* 2006:' ''The World Factbook'' -- The currency ' depreciated sharply in 2001 and 2002, which contributed to a dramatic current account adjustment; in 2003 to 2005, Brazil ran record trade surpluses and recorded its first current account surpluses since 1992. [http://www.odci.gov/cia/publications/factbook/geos/br.html]