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. . 2012.

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  • 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 of coinage — deˌbasement of ˈcoinage noun [uncountable] a reduction in the value of gold and silver coins, which happened in the past when the coins were dishonestly reduced in weight, resulting in increases in prices * * * debasement of coinage UK US noun… …   Financial and business terms

  • Debasement (knighthood) — Debasement is the formal term for removal of a knighthood or other honour. The last knight to be publicly debased was Sir Francis Mitchell.[1][2] More recent examples include Sir Roger Casement, whose knighthood was canceled for treason during… …   Wikipedia

  • Debasement Tapes — Infobox Television episode Title = Debasement Tapes Series = Veronica Mars Caption = Season = 3 Episode = 17 Airdate = May 8 2007 Production = 3T5817 Writer = John Enbom Director = Dan Etheridge Guests = Paul Rudd (Desmond Fellows) Ken Marino… …   Wikipedia

  • debasement — noun see debase …   New Collegiate Dictionary

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