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Revaluation

Noun

Definitions

1.NounThe 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.NounA 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.NounThe 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).
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