Debasement

AAA

DEFINITION of '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 EXPLAINS 'Debasement'

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 TERMS
  1. Devaluation

    A deliberate downward adjustment to the value of a country's ...
  2. Precious Metals

    A classification of metals that are considered to be rare and/or ...
  3. Dilution

    A reduction in the ownership percentage of a share of stock caused ...
  4. Bullion

    Gold and silver that is officially recognized as being at least ...
  5. Silver

    An element commonly used in jewelry, coins, electronics and photography. ...
  6. Fool's Gold

    Also known as iron pyrite, fool's gold is a gold-colored mineral ...
Related Articles
  1. The Gold Standard Revisited
    Budgeting

    The Gold Standard Revisited

  2. Using Normal Distribution Formula To ...
    Investing Basics

    Using Normal Distribution Formula To ...

  3. Can Investors Trust Official Statistics?
    Economics

    Can Investors Trust Official Statistics?

  4. Hypothesis Testing in Finance: Concept ...
    Active Trading Fundamentals

    Hypothesis Testing in Finance: Concept ...

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center