recoinage

/riːˈkoʊɪndʒ/; /ˈriːkɔɪndʒ/; /rɪˈkoʊɪndʒ/

Definitions

1. noun

The act of re-coining money, especially the process of re-issuing coins with a new weight, composition, or value.

“The recoinage of the currency led to significant changes in the way people made financial transactions.”

Synonyms

  • recasting
  • recoin

Antonyms

  • debasement