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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.
In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age.
The Journal of Modern Applied Statistical Methods is a biannual peer-reviewed open access journal. [1] It was established in 2002 by Shlomo Sawilowsky, and is currently published by the Wayne State University Library System in Detroit, MI.