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Dictionary › TOPIK 6

TOPIK 6noun

평가절하

pyeonggajeolha [평까절하]

평가절하가 · 평가절하를 (평가절하하다, 평가절하되다)

devaluation (of a currency); underrating, belittling

Example

그 나라는 수출을 늘리려고 통화를 평가절하했습니다.

That country devalued its currency to boost exports.

Word parts

평 level가 value절 cut하 down

Literally 'cutting the par value down'; here 평가 means par value, not evaluation.

Good to know

Also used figuratively: 그의 업적이 평가절하되었다 'his achievements were underrated'.