A Partial Glossary of Monetary Language:
International Liquidity: the degree to which money and gold are available for international transactions. Liquidity is maintained when there is sufficient money, and that's good; it dries up as the supply of money decreases, and that's bad.
Devaluation: reducing the value of a nation's currency by making each of its units of money worth less in gold. This enables foreigners to buy that country's goods for less while forcing nationals to pay more for foreign goods—one way of reducing a payments deficit.
Revaluation: increasing the value of a currency by making its money unit worth more in gold,...
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