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Reevaluation vs. Revaluation — What's the Difference?

Reevaluation vs. Revaluation — What's the Difference?

Difference Between Reevaluation and Revaluation

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Compare with Definitions

Reevaluation

A second or subsequent evaluation or rating

Revaluation

Revaluation is a change in a price of a good or product, or especially of a currency, in which case it is specifically an official rise of the value of the currency in relation to a foreign currency in a fixed exchange rate system. In contrast, a devaluation is an official reduction in the value of the currency.

Reevaluation

The evaluation of something a second time (or more)

Revaluation

To make a new valuation of.

Revaluation

To increase the exchange value of (a nation's currency).
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Revaluation

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.

Revaluation

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.

Revaluation

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).

Revaluation

A second or new valuation.

Revaluation

A new appraisal or evaluation

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