from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The act of undervaluing, of assigning too low a value to something.
- n. A value that is inappropriately low.
from the GNU version of the Collaborative International Dictionary of English
- n. The act of undervaluing; a rate or value not equal to the real worth.
from The Century Dictionary and Cyclopedia
- n. The act of undervaluing, or valuing below the real worth; rate not equal to the worth; underestimation.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. too low a value or price assigned to something
Sorry, no etymologies found.
"But the U.S. shouldn't worry about 8%" undervaluation, he said in an interview with The Wall Street Journal.
Mr. Lu didn't say how he arrived at his calculation of undervaluation.
China's undervaluation of its currency is also a point of contention.
"While our underlying holdings are liquid, for investments in which we have taken an active role, we do not think it helps our cause to be forced to liquidate a holding to meet investor redemptions at a time when we are publicly pushing for corporate change due to the undervaluation of a company," he wrote.
But by looking at the size of China's current-account surplus and the buildup of foreign-exchange reserves, economists can arrive at ballpark figures for the degree of undervaluation.
Standing Their Ground But looking at the size of the current-account surplus is only one way to estimate the degree of undervaluation of the currency.
The buildup of foreign-exchange reserves suggests that the People's Bank of China continues to intervene strongly in the markets to support the yuan at an artificially low level—indicating that the degree of undervaluation remains higher than the falling current-account surplus suggests.
Mr. Williamson's latest research suggests that the degree of undervaluation has fallen to almost 30%.
More specifically, their bill would allow the Department of Commerce to treat currency undervaluation as a prohibited export subsidy.
China's deliberate currency undervaluation accounts for a significant part of America's massive trade deficit with China.