verb
- to assess or estimate the value of something again, typically at a higher amount
- to change one’s opinion about the worth or importance of something
Usage: often used in economics and finance
Examples
- The government decided to revalue the currency to combat inflation.
- After the renovation, we need to revalue our house for insurance purposes.
- The company will revalue its assets at the end of the fiscal year.
- She began to revalue her priorities after the accident.
- The art collector hired an expert to revalue his paintings.
- Many countries revalue their currencies when economic conditions improve.