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step-down vs devaluation

devaluation vs step-down

step-down and devaluation both are nouns.

Word NounAdjectiveVerbAdverb
step-down Yes No No No
devaluation Yes No No No
As nouns, devaluation is a hyponym of step-down; that is, devaluation is a word with a more specific, narrower meaning than step-down:
  • step-down: the act of decreasing or reducing something
  • devaluation: the reduction of something's value or worth
step-down (noun) devaluation (noun)
the act of decreasing or reducing something the reduction of something's value or worth
an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
Difference between step-down and devaluation

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