Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement 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
King Kuru King Kuru Kuru (, "kuru" m.), the name of the legendary ancestor of the clan of the Kurus in the Mahabharata. He was the son of Samvarana and of Tapati, the daughter of the Sun. In the legend, Kuru is an ancestor of Pandu and his descendants, the Pandavas, and also of Dhritarashtra and his descendants, the Kauravas. This latter name, derived as a patronym from "Kuru", is only used for the descendants of Dhritarashtra. King Kuru had two wives named Shubhanga and Vahini. He had a son named Viduratha with Shubhanga, and five sons with Vahini, named Ashvavat, Abhishyat,