What does revalue mean?
transitive verb. 1 : to value anew revalue currency. 2 : to make a new valuation of : reappraise.
What is another word for revalue?
In this page you can discover 9 synonyms, antonyms, idiomatic expressions, and related words for reevaluate, like: reconsider, rethink, reassess, review, re-assess, readjust, reexamine, thoughts and re-evaluate.
What does revaluation mean in history?
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.
Why revaluation is done?
The purpose of a revaluation is to bring into the books the fair market value of fixed assets. This may be helpful in order to decide whether to invest in another business. If a company wants to sell one of its assets, it is revalued in preparation for sales negotiations.
What does re evaluate mean for kids?
: to evaluate (something or someone) again especially with regard to changes or new information Debts force students to delay marriage, postpone children and reevaluate career choices.—
What does it mean to reevaluate your life?
If you reevaluate something or someone, you consider them again in order to reassess your opinion of them, for example, about how good or bad they are. This may be the time to reevaluate the whole issue. It’s time for a rest, and a reevaluation of your life. a period of reevaluation.
Can land be revalued?
In case of land and buildings, revaluation is desirable as their value generally increases over time, and is carried out every 3 to 5 years. In case of plant and machinery, revaluation is carried out only if there is a strong case for it.
What accounts are revalued?
When you revalue balance sheet accounts, the From date is ignored. Instead, the balance to be revalued is determined by going from the beginning of the fiscal year until the To date. The Date of rate can be used to define the date for which the exchange rate should default.
Which assets are revalued?
An example, machines, buildings, patents, or licenses can be fixed assets of a business. The purpose of a revaluation is to bring into the books the fair market value of fixed assets. This may be helpful in order to decide whether to invest in another business.
What is the meaning of revalue?
English Language Learners Definition of revalue. finance : to change the value of a country’s money so that it is worth less or more when it is traded for another country’s money.
Why is the Yuan being revalued?
The auditors found a hole in the accounts and forced the company to revalue its assets. There was pressure on some Asian countries to revalue their currency. Speculation has mounted in recent weeks that the yuan will soon be revalued against the dollar. We just want that to hit home with people, just to revalue food again.
What is the meaning of revaluation in finance?
Financial Definition of revaluation. Revaluation refers to the adjustment of the exchange rate of a country’s currency. In countries with fixed exchange rate rates, the central bank (i.e. the country’s government) can change the official value of the country’s currency relative to a baseline.
How do you revalue labor?
It must cause us to revalue and reshape our drift from materialism to a higher note of individual ideals. Thus, labor for these activities is revalued by multiplying the financial values with a conversion rate of 0.875. To revalue labor, costs of land preparation had to be separated from the costs of other farm activities.