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revalue
This term is primarily used in technical financial and macroeconomic contexts. It carries a formal, administrative tone, suggesting an official action taken by a governing body or a professional appraiser rather than a casual estimation of worth. When applied to currency, it specifically implies an upward adjustment of value, though the general act of reassessment is the broader meaning.
In the context of asset management, the word emphasizes the necessity of updating outdated figures to reflect current market volatility. It is distinct from simple valuation because it explicitly denotes a second or subsequent assessment to correct or update a previous figure.
Meanings
Examples
The central bank decided to revalue the currency to combat rising inflation.
We need to revalue the company assets before the annual audit.
The government had to revalue the pound against the dollar.
I wonder if they will revalue the property now that the neighborhood has improved.
The board of directors voted to revalue the portfolio holdings.
It is necessary to revalue the equipment every three years for tax purposes.
The treaty forced the nation to revalue its gold reserves.