| 释义 |
debasement of coinage
noun[ U ]
ukus
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
Examples of debasement of coinage
debasement of coinage
A simpler possible explanation for the debasementofcoinage is that it allowed the state to spend more than it had.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
He therefore soon reverted to the old and worse measures, including the debasementofcoinage, and put an extreme tension on all the springs of the financial system.
From Project Gutenberg
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