Pronunciation: [ɹɪvˈaljuː] (IPA) 
The word "revalue" is spelled with the letter "e" after the letter "v" because of its pronunciation. The root word "value" is pronounced with a soft "y" sound, similar to "v-yoo". When adding the prefix "re", which means "again", the "v" sound is emphasized, making it necessary to include the letter "e" to separate the two consonant sounds. In IPA phonetic transcription, the word would be spelled /ri-væljuː/.
The term "revalue" is a verb that refers to the act of assigning a new or adjusted value to something, typically a currency, an asset, or an investment. It involves the process of reassessing or revaluating the worth, worthiness, or importance of a specific entity. Usually, revaluing occurs when there is a need to alter the monetary value of a currency in relation to other currencies, thereby changing its exchange rate.
In the context of economics, governments or central banks may decide to revalue their currency due to various reasons, such as controlling inflation or correcting trade imbalances. Revaluation can be achieved by altering the exchange rate or by implementing monetary policies such as increasing interest rates, which can impact the value of a currency.
Moreover, beyond the realm of economics, "revalue" can also be used in a broader sense to describe the reappraisal or reconsideration of the importance, significance, or worth of a person, thing, or idea. This reevaluation might be driven by new information, changing circumstances, or a shift in perspective.
In summary, "revalue" involves the process of reassessing or assigning a new value to something, whether it be a currency, an asset, or a concept. It implies a change in worth or estimation, either in relation to financial aspects, as in the case of currency revaluation, or in terms of the overall importance or significance of a subject.
To value a second time.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "revalue" has its roots in the Latin language. It is formed from the prefix "re-", meaning "again" or "back", and the verb "value", which comes from the Latin "valere" meaning "to be strong" or "to be worth". "Revalue" emerged in the mid-19th century, with the prefix "re-" indicating the act of valuing something again or reassessing its worth.
