- 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.
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.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Debasement — is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nickel is reduced. Contents 1… … Wikipedia
Debasement — De*base ment, n. The act of debasing or the state of being debased. Milton. [1913 Webster] … The Collaborative International Dictionary of English
debasement — index abuse (physical misuse), attaint, bad faith, bad repute, contempt (disdain), corruption, defilement … Law dictionary
debasement — [[t]dɪbe͟ɪsmənt[/t]] N UNCOUNT: oft N of n Debasement is the action of reducing the value or quality of something. [FORMAL] ...the debasement of popular culture and the triumph of vulgarity … English dictionary
debasement — noun The act of debasing or the state of being debased; a lowering, especially in character or quality. His large water dog was acquainted with the fact, and upon the approach of his master, betrayed his sense of inferiority by a sanctity of… … Wiktionary
debasement — debase ► VERB ▪ lower the quality, value, or character of. DERIVATIVES debasement noun … English terms dictionary
debasement — noun see debase … New Collegiate Dictionary
debasement — See debase. * * * … Universalium
debasement — I (New American Roget s College Thesaurus) n. abasement, debauchery, corruption, degradation, disrepute; adulteration, impairment, impurity. See weakness, deterioration. II (Roget s IV) n. Syn. perversion, depravation, corruption; see evil 1 ,… … English dictionary for students
debasement — n. humiliation, degradation … English contemporary dictionary