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Debasement - 4 dictionary results

de⋅base

[di-beys]
–verb (used with object), -based, -bas⋅ing.
1. to reduce in quality or value; adulterate: They debased the value of the dollar.
2. to lower in rank, dignity, or significance: He wouldn't debase himself by doing manual labor.

Origin:
1555–65; de- + base 2 ; cf. abase


de⋅bas⋅ed⋅ness [di-bey-sid-nis, -beyst-] , noun
de⋅base⋅ment, noun
de⋅bas⋅er, noun
de⋅bas⋅ing⋅ly, adverb


1. lower, vitiate, corrupt; contaminate, pollute, defile. 2. degrade, abase, demean, reduce.
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.

Debasement

De*base"ment\, n. The act of debasing or the state of being debased. --Milton.

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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