1. reducing the worth, importance, or effectiveness of something
Usage: present participle of devalue
2. officially reducing the exchange value of a currency
Usage: economics; present participle of devalue

1. the act or process of reducing worth or value
Usage: gerund form

Examples

• The company is devaluing its employees by cutting benefits.
• Critics accused the policy of devaluing education.
• The government is considering devaluing the currency to boost exports.
• Constant criticism was devaluing her self-confidence.
• The devaluing of the peso affected international trade.
• His harsh words were devaluing their friendship.
• The central bank announced it was devaluing the national currency by ten percent.