Debasement - 4 dictionary results
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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Link To Debasement
de·base (dĭ-bās') tr.v. de·based, de·bas·ing, de·bas·es To lower in character, quality, or value; degrade. See Synonyms at adulterate, corrupt, degrade. [de- + base2.] de·base'ment n., de·bas'er n. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Debasement
De*base"ment\, n. The act of debasing or the state of being debased. --Milton.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Debasement
1. To lower the value, quality or status of something or someone.
2. To lower the value (of a coin) by adding metal of inferior value.
Investopedia Commentary
In other words, debasement is the degrading of the value of something or character of someone. In the context of coins, it is the process of melting down a coin and mixing it with a lower quality metal to create additional coins of the same denomination.
Related Links
The Gold Standard Revisited
See also: Bullion, Devaluation, Dilution, Fool's Gold, Gold Standard, Precious Metals, Silver
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