1. the act of assessing or determining the value of something again, especially at a higher amount
2. an increase in the official value of a country’s currency in relation to other currencies
Usage: economics

Examples

• The property underwent a revaluation after the renovations were completed.
• The insurance company ordered a revaluation of the damaged artwork.
• The government announced a revaluation of the national currency.
• After the economic reforms, the peso experienced a significant revaluation.
• The tax assessor’s revaluation resulted in higher property taxes.
• The company’s assets required revaluation following the merger.