Phrases with «major devaluation»

The phrase "major devaluation" refers to a significant decrease in the value or worth of something, such as a currency or an asset. It means that the thing in question has lost a considerable amount of its value compared to what it used to be worth. Full definition

Sentences with «major devaluation»

  • Hyatt, too, has raised redemption rates, but its last major devaluation occurred in 2013. (creditcards.com)
  • Today's unannounced devaluation of the US Airways award chart and the end of OneWorld explorer awards is bad news for frequent flyers and puts the New American on par with Delta — Another airline that gives NO warning to consumers before making major devaluation to their award charts and Frequent Flier program. (travelcodex.com)
  • The average middle class European is converting their Euros into physical gold and silver as fears are rising of a major devaluation in the Euro to pay back the soaring debts of Greece, Italy, Spain and Portugal. (goldsilverworlds.com)
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