The phrase "and reducing the value" is correct and usable in written English.
It can be used in contexts where you are discussing the act of diminishing or lowering the worth or significance of something.
Example: "The new policy is aimed at increasing efficiency and reducing the value of unnecessary expenditures."
Alternatives: "and lowering the value" or "and diminishing the value".
Embarking on a systematic program of inflation, however, runs the risk of hurting retirees and reducing the value of the yen.
That move, aimed at encouraging growth and reducing the value of the currency, was paired with measures to protect Brazil's industries from a flood of Asian imports.
Some are already inserting themselves between incumbent banks and their customers, in effect hijacking the relationship and reducing the value of the banks' consumer franchises.
Alan Smithers, former professor of education at Liverpool, now at Buckingham University, said: "This is firm evidence of lowering the bar and reducing the value of a 'first' - which is hard on those who have done outstandingly well".
The administration has already proposed a $90 billion "financial responsibility fee" — which some would call a tax — on banks, and reducing the value of itemized deductions and personal exemptions for the wealthy.
And almost half the $230 billion raised by the proposal over the next decade would come through increased revenue by pushing taxpayers into higher tax brackets and reducing the value of their tax breaks more quickly.Yet Mr Obama would stick with the original CPI for a host of other programmes, such as Medicaid and college grants and for estimating the poverty level.
However, by that time the age distribution of spayed females in the population had stabilised and reducing the values of R h and R s to reflect the observed variation changed the survival estimate by less that 0.5%.
Instead he employed the more accurate 3-2-1 1/2, which gives added weight to aces and reduces the value of jacks.
They are also concerned that traffic from the big-box store would threaten their quality of life and reduce the value of their homes.
The yellow cab industry fiercely opposes the plan, saying it would cut revenue and reduce the value of medallions.
