revaluations

Noun

revaluation (countable and uncountable, plural revaluations)

1. 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.
2. 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.
3. (UK, 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).