- Revaluation
Revaluation means a rise of a
price ofgoods or products. This term is specially used as revaluation of a currency, where it means a rise of currency to the relation with a foreign currency in afixed exchange rate . Infloating exchange rate correct term would beappreciation . The antonym of revaluation isdevaluation . Altering the face value of a currency without changing its foreign exchange rate is aredenomination , not a revaluation.Tax revaluation is the adjustment of the
tax level to slow or stop the rise in tax-revenue as the price of a taxable asset increases. This is considered a fiscally conservative measure to encourage spending. One common usage is thetax revaluation ofreal estate property to counter a rise inland value . This way, even as property values rise (whether due to increaseddemand , better government services, orinflation ), residents and businesses still pay the same amount ofmoney .ee also
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Revaluation of fixed assets External links
* [http://www.discusseconomics.com/articles/foreign-exchange/foreign-exchange-markets-devaluation-and-revaluation/ How the economy responds after revaluation.]
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