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Revaluation typically refers to the adjustment of the value of an asset or currency. The main types of revaluation include currency revaluation, which alters the value of a country's currency against others, often due to changes in economic conditions; asset revaluation, where the value of fixed assets is updated on a company's balance sheet to reflect current market values; and property revaluation, which reassesses real estate values for tax purposes or market alignment. Each type serves specific economic or accounting purposes, influencing financial reporting and investment decisions.

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6mo ago

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