Revaluation
Revision as of 18:57, 28 October 2019 by Gary (talk | contribs) (Created page with "Revaluation is a situation that occurs when the relative price of a currency is increased. It is the opposite of devaluation. ==Definitions== According to Financial Ma...")
Revaluation is a situation that occurs when the relative price of a currency is increased. It is the opposite of devaluation.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Revaluation. Occurs when the relative price of a currency is increased. It is the opposite of devaluation.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
