What's the difference between currency and debasement?

Currency


Definition:

  • (n.) A continued or uninterrupted course or flow like that of a stream; as, the currency of time.
  • (n.) The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
  • (n.) That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
  • (n.) Fluency; readiness of utterance.
  • (n.) Current value; general estimation; the rate at which anything is generally valued.

Example Sentences:

  • (1) For a union that, in less than 25 years, has had to cope with the end of the cold war, the expansion from 12 to 28 members, the struggle to create a single currency and, most recently, the eurozone crisis, such a claim risks accusations of hyperbole.
  • (2) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (3) Because while some of these alt-currencies show promise, many aren't worth the paper they're not printed on.
  • (4) Gavin Andresen, formerly the chief scientist at the currency’s guiding body, the Bitcoin Foundation, had been the most important backer of the man who would be Satoshi.
  • (5) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
  • (6) That was what the earlier debate over “currency wars” – when emerging markets complained about being inundated by financial inflows from the US – was all about.
  • (7) The initial impact was felt on the local currency market where a shortage of foreign exchange caused a looming crisis.
  • (8) Single-currency membership has no bearing on the foreign policy post.
  • (9) By easing these huge flows of hundreds of billions across borders, the single currency played a material role in causing the continent's crisis.
  • (10) This deal also promotes the separation of the single market and single currency – a British objective for many years that would have been unthinkable in the Maastricht era.
  • (11) Investors recognised the true horror of Europe’s toxic bank debts, and the restrictions imposed by the single currency.
  • (12) But he added: “It’s also true that extremely low oil prices, adverse changes in currency rates, and a further decline in power prices are having a significant effect on our business.” Tony Cocker, the chief executive of E.ON UK, said milder weather and improved energy efficiency in British homes were behind the fall in power use, hitting sales.
  • (13) It announced that it would phase out the dual currency system.
  • (14) It is one of six banks involved in talks with the Financial Conduct Authority over alleged rigging in currency markets and Ross McEwan, marking a year as RBS boss, also pointed to a string of other risks in a third quarter trading update.
  • (15) Spain was the worst hit of the currency bloc's major economies with a 0.8% drop in industrial production.
  • (16) But Frank argues the disastrous attempt at curbing markets through currency reform in 2009 has shown the cost of turning back from change.
  • (17) The survey also found that Osborne's currency union veto made 30% more likely to vote no with only 13% more inclined to vote yes.
  • (18) Eurozone leaders ooze confidence that Greece’s financial collapse could be easily weathered by the rest of the currency bloc.
  • (19) But persistent falls in the currency’s value during December towards the previous low point has increased the cost of imported goods and forced businesses to say that price rises are in the pipeline.
  • (20) Updated at 2.48pm GMT 1.42pm GMT Another question riffing off Britain's EU referendum - how will Europe draw up new structures such as co-ordinated banking supervision when some members of the EU are refusing to ever join the single currency?

Debasement


Definition:

  • (n.) The act of debasing or the state of being debased.

Example Sentences:

  • (1) The borderline group scored significantly higher on the following scales: Disclosure (X), Debasement (Z), Passive-Aggressive (8A), Self-Defeating (8B), Borderline (C), and Major Depression (CC).
  • (2) I still have the stench of their debasement in my nostrils.
  • (3) Inevitably, they are not to everyone's taste: educated Mexicans are scandalised by what they see as the debasement of a noble folk tradition, the Catholic Church has denounced corridistas for glorifying the drugs trade, and at least five Mexican states have banned radios from airing the music.
  • (4) I said to Nick Boles, who at the time was the planning minister, ‘Have you been down to Eastleigh yet?’ and he said, ‘I’m told I’m not allowed to go down in case it inflames the whole housebuilding issue.’” Browne added: “The public, whether it’s the NHS or housebuilding, detect that gap, and you will see it now at constituency level with quite debased leaflet-based campaigning about what the parties are going to stop at local level, which is almost completely at odds with the macro-level speeches that the leaders are making up in Westminster.
  • (5) The impact reaches far beyond the figures inscribed on a Test-match scorebook and debases the credibility of the entire sport.
  • (6) If the system is to be effective, however, every temptation must be resisted by all involved parties to debase it by using it for self-serving purposes.
  • (7) But the most debased and vulgar abuse is directed at women, particularly liberal and secular women, and especially women who are not Hindu,” Guha said.
  • (8) In a society that values women on the basis of their sexuality, a woman who views herself as "debased" may see prostitution as a viable alternative--perhaps the only alternative.
  • (9) Failing all the above, do they have any worth in the rapidly debasing currency of iconicity?
  • (10) Twelve manipulation tactics were identified through separate factor analyses of two instruments based on different data sources: Charm, Reason, Coercion, Silent Treatment, Debasement, and Regression (replicating Buss et al., 1987), and Responsibility Invocation, Reciprocity, Monetary Reward, Pleasure Induction, Social Comparison, and Hardball (an amalgam of threats, lies, and violence).
  • (11) A possible cause of these complications may be the debasement of coagulation factors and opsonins in plasma after hepatectomy.
  • (12) They could not simultaneously debase the currency and back it with gold at a fixed rate.
  • (13) It's debased and stupefied, really, but that's daily politics."
  • (14) The progress in prenatal diagnosis and the possibility of replacing risk with security is about to debase the rationale of genetic counseling.
  • (15) Yet on this issue there appears to be a licence to reject our best scientists both here and abroad and rely instead on much less reliable views.” He has railed against the “dumbing down” of Australian debate in general and the debasing of smart policy for political gain.
  • (16) While this clown's latest assertion of his alpha-maleness, in debased imitation of Bertram Wooster's misadventures, will undoubtedly add to female consternation about a Drones Club government whose leader insults women and twits his rival for being insufficiently "macho", Mitchell's contribution to the public understanding of hegemonic masculinity also deserves a mention.
  • (17) A third factor is that currencies are being debased in the developed world, where sovereign debt is at record levels and bearish commentators fear the dollar could slump 20% in the next two years.
  • (18) Social cohesion is repeatedly challenged by the knowing use of debasing and divisive language, a politics where voters are encouraged to imagine all benefits claimants are scroungers and every migrant as potentially illegal.
  • (19) For Coetzee, the result reflected a debasement of Britain’s political culture: the traducing, with media complicity, of rational discourse by a leave campaign that targeted the very idea of factual argument.
  • (20) The purpose of these developments however is clear: to debase and disempower Republican Political Prisoners.” The republican prisoners warned: “Those overseeing and implementing these policies would do well to use history as their guide to see where their actions will lead.” In 2012 dissident republicans shot dead a Maghaberry prison officer, David Black , while he drove along a motorway on his way to work at the prison.