A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when 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 in the coin is reduced.

What does debasement mean in English?

noun. the act of reducing the quality or value of something:The moment any paper currency is firmly linked back to gold, the debasement of paper money stops.

What does debasement mean in psychology?

: the act or process of lowering oneself in status, esteem, quality, or character : the act or process of debasing oneself humility bordering on self-debasement.