Definitions

1. verb

to reissue or recoin coins, especially after melting them down for their metal content

“The government decided to recoin the old currency to prevent inflation.”

2. verb

to melt down (coins) and reissue them as new currency

“The mint will recoin the old coins to reduce the national debt.”

3. noun

the act of reissuing or recoinning coins

“The recoin process was finished ahead of schedule.”