revaluation
UK[ˌriːvæljuˈeɪʃn]US[ˌriːvæljuˈeɪʃn]
n
The act of assessing or estimating the value of something again, especially at a higher level.
n
An official increase in the value of a country's currency relative to other currencies or a fixed standard.
Morpheme Breakdown
re
valuation
re
again
valuation
act of assessing worth
Etymology
The word 'revaluation' is built upon the core concept of 'valuation,' which traces its lineage to the Latin verb valere, meaning "to be strong, have power, be worth." This root conveys the inherent strength or worth that forms the basis of economic value. The addition of the Latin prefix 're-', meaning "again," directly modifies the action, specifying a subsequent or renewed act of assessment. Thus, the modern term logically denotes the process of determining worth anew, a meaning applied both to general assets and, in specialized financial contexts, to the formal upward adjustment of a national currency's exchange rate.
Analysis
Structure: re (again) + valuation (act of assessing worth)
re: Latin origin, a prefix meaning "again" or "back."
valuation: From Latin valere (to be strong, be worth), via French. The suffix '-ation' forms a noun indicating an action or process.
Examples
The company's assets underwent a revaluation, significantly increasing their book value.
The government's revaluation of the currency made imports cheaper but hurt exporters.
A periodic revaluation of property is necessary for accurate tax assessment.