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.
Examples
For example, the value of the denarius in Roman currency gradually decreased over time as the Roman government altered both the size and the silver content of the coin. Originally, the silver used was nearly pure, weighing about 4.5 grams. From time to time, this was reduced. During the Julio-Claudian dynasty, the Denarius contained approximately 4grams of silver, and then was reduced to 3.8grams under Nero. The Denarius continued to shrink in size and purity, until by the second half of the third century, it was only about 2% silver, and was replaced by the Argenteus.
Because of huge wealth, the Vijayanagara empire issued large quantities of gold coins. Harihara-I and Bukka (the founders of the famous Vijayanagar empire in South India) minted gold coins using debased gold. Gold fanams (a type of coin) and its fractions were minted by them for medium end transactions.
Debasement is the formal term for removal of a knighthood or other honour. The last knight to be publicly debased was Sir Francis Mitchell. More recent examples include Sir Roger Casement, whose knighthood was canceled for treason during the First World War, and Sir Anthony Blunt, whose knighthood was withdrawn in 1979. The most recent debasements centre on the fallout from the banking crisis at the end of the first decade of the twenty-first century. Examples include Sir Fred Goodwin, the former Chief Executive of the Royal Bank of Scotland, who lost his knighthood in 2012 over his role in the bank's near-collapse in 2008 and Sir James Crosby, the former Chief Executive of HBOS.
↑ Lee, Sidney and Sean Kelsy (2004). "Giles Mompesson". The Oxford Dictionary of National Biography vol. 38. London: Oxford University Press. pp.569–572.
I gotta palomino horse with versacci saddle ima cocaine cowboy with crops n cattle half dog and jackal pop Don like snapple got my first paycheck when i robbed the randall's flow hot like campbell's change broads like channels two or three at time cuz we all just mammals the songs i sample bought my mom a castle bought pops a fuckin non filter box of camels comp soft n fragile get stomped and trampled while they bitch in my car tryna bob for apples sport glocks in flannels with the common vandals takin hits off homemade bong with handles its a lawless battle as my toughts unravel pull my gun and like eggs niggaz dodge and scramble still lost in travel and my hearts in shambles while the seeds in my weed snap pop n crackle Chorus:x2 Who fuks with the rhyme of the dope house mind who shines in the dark in these end of times line after line who keep it the realest (Carolyn:) Only u cuz the others to scared to live it I do videos with a bunch of pretty hoes in a benz wearin K-mart dickie clothes give a toast listen close to dat nigga Los when we was hungry Mom would say "Get the fishin poles" really thou back when I sported chilli bowls and used to dream about rappin on Jenny Jones my city thowed stop actin lik u didnt kno gettin rich n we still screamin "Gimme mo!" in the props gotta stay on ya tippy toes they tryda kill me few bullets came really close now tha bitch is froze twisted in a wicked pose and his toes colda than my Michelobs diggin holes lik ima tryna find some hidden gold he got nice shoes, wonda if i fit on those? the sickest flows, I got guns dat can kill a ghost at the club wearin dead man's Kenneth Coles Chorus:x2 Candy blue 5 parka and a moonlight sparka let me tell ya bout the life of a pure white rocka a true live balla, might cruise my 'pala or just soak in the sun and take poolside calla its the hood fly talka and if you lik drama ima da rappa dat'll rap ya in a two-ply potna with fruit flies gonna my ginsu knife sharpa den dat thang they was swangin at the Luke Skywalka listen boo, I gotta notta screw tight on tha fukin brain that aint been sane since a cute shy toddla my new nine's hotta than a july jogga or even me on the news sayin "Oooh hi Momma" neva knew my fatha til i grew quite larga but by the i was ten walkin through high water Old dude tried harda then a suicide bomba Im like "Dad is too late, Ima foo, why botha"
A man will be sentenced next year after he threatened to publish intimate images of a woman online and then sent her hundreds of degrading and abusive emails, described by a judge as “debasing not ...
Retail Investors Turn To Bitcoin For ‘Debasement Trade’ ... In simple terms, a debasement trade is a strategy to protect purchasing power against the steady erosion of fiat currencies due to extensive money printing.
... there was an intention to debase or degrade said child ... While words and actions that tend to debase or degrade a child are a manner of child abuse, abuse of children is not only confined therein.
"Meanwhile, the entourage that Trump has finally coaxed into coming out for him — almost exclusively Republican politicians who are hoping for a payoff in debasing themselves for Trump — all act ...
...Will Saletan cites six Republicans who are obviously hoping to be Trump's running mate — and describes the ways in which he believes they are debasing themselves in the hope of being chosen.
CNN needs to rethink its relationship with some of its sources. It is doing its reputation no favors by serving as the Justice Department's go-to source for spin and friendly coverage ... Sen ... Her answer was untrue ... In April, it published its findings ... ....
Story continues below ... THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY ... It’s never a good look for an MP to be ejected, especially not the leader of the opposition, but this all started with Trudeau debasing the House of Commons and question period ... .
