Words / D / Business

debasement

noun/dɪˈbeɪsmənt/

C1CEFR level
70/100Rarity: rare
TechnicalRegister

The deliberate reduction of a currency's value or metallic content.

Persistent money-printing amounted to a slow debasement of the currency that savers could not escape.

Similar: devaluation

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics