EGAVE

revaluation

About 0.63 uses per million words.

Meaning

  1. noun The process of altering the relative value of a currency or other standard of exchange.
    After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation.
  2. noun A reassessment of the value or worth of something; a reappraisal or reevaluation.
    After the soldiers raided her farm for supplies, she was forced to a revaluation of their benefit as protectors.
  3. noun 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).

Similar words

reappraisal review reassessment assessment evaluation appraisal valuation reclassification revalue reexamination

Often followed by

of and reserve is surplus in was reserves account

Save “revaluation” to learn later