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- 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.
- 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.
- 1973, Philippa Foot, “Nietzsche: The Revaluation of Values” in Nietzsche: A Collection of Critical Essays, edited by Robert C. Solomon, Garden City, New York: Anchor Books, →ISBN, page 162:
- It is, then, for the sake of the “higher” man that the values of Christian morality must be abandoned, and it is from this perspective that the revaluation of values takes place.
- ibidem, page 167:
- The conclusion of this discussion must be that Nietzsche’s “revaluation of values” is a most complex matter, and there is no single answer to the question as to what he was attacking or as to what the basis might be for the attack.
- (Britain, pensions) 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).
process of altering the relative value of a currency