{f} change the value of a currency; reestimate the value of something, reappraise, reassess
To revalue something means to increase the amount that you calculate it is worth so that its value stays roughly the same in comparison with other things, even if there is inflation. It is now usual to revalue property assets on a more regular basis. + revaluation re·valua·tion Some British banks have used doubtful property revaluations to improve their capital ratios
When a country revalues its currency, it increases the currency's value so that it can buy more foreign currency than before. Countries enjoying surpluses will be under no pressure to revalue their currencies. + revaluation revaluations re·valua·tion There was a general revaluation of other currencies but not the pound
The application to preserved benefits of compulsory increases in their value prior to the date of payment Provided for under the Pensions Act This term is often used also to describe any similar non-compulsory increases
This is the mass appraisal of all property within an assessment district, municipality, county, parish, precinct, township, or ward to obtain equalization of assessed values
Revaluation is a change in the official rate at which one currency is exchanged for another or for gold Devaluation reduces the relative value of the currency and creates a mechanism for adjusting balance of payments deficits, since it lowers the price of exports abroad and raises the price of imports at home This mechanism will not function during periods of competitive devaluation when the devaluation of one currency causes other nations to follow suit
"A systematic review of the assessments of all locally assessed properties, valued as of the valuation date of the assessment roll containing those assessments, to attain compliance with the standard of assessment [a uniform percentage of value] ..." (RPTL Section 102)
Estimating the current market value of all taxable property for purposes of a new assessment A revaluation is performed to assure each property is assessed at market value and pays only its fair share of taxes