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
Roman currency economic need, but they wanted to emulate Greek culture; they considered the institution of minted money a significant feature of that culture. However, Roman coinage initially saw very limited use. The type of money introduced by Rome was unlike that found elsewhere in the ancient Mediterranean. It combined a number of uncommon elements. One example is the large bronze bullion, the ' (Latin for "struck bronze"). It measured about and weighed around , being made out of a highly leaded tin bronze. Although similar metal currency bars had been produced in Italy and northern Etruscan areas, these had been made