debasement of coinage Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “debasement of coinage” in the English Dictionary

"debasement of coinage" in Business English

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debasement of coinagenoun [U]

uk   us  
ECONOMICS a ​reduction in the ​value of ​coins which is made by ​reducing the ​amount of pure metal such as ​gold or silver they contain, done in the past so that more ​coins could be ​produced
(Definition of debasement of coinage from the Cambridge Business English Dictionary © Cambridge University Press)
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