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
Ottoman poetry Ottoman poetry The poetry of the Ottoman Empire, or Ottoman "Divan" poetry, is fairly little known outside modern Turkey, which forms the heartland of what was once the Ottoman Empire. It is, however, a rich and ancient poetic tradition that lasted for nearly 700 years, and one whose influence can still be felt in the modern Turkish poetic tradition. Even in modern Turkey, however, Ottoman Divan poetry is a highly specialist subject. Much of this has to do with the fact that Divan poetry is written in Ottoman Turkish, which was written using a variant of the Arabic script and