Debasement

Pronunciation: /dəˈbeɪsmənt/

Debasement (noun)

  1. The process of making something seem less valuable, important, or respected.
  2. A decline in moral standards, where behaviour becomes worse and less honourable.
  3. The act of reducing the precious metal in coins, so their value becomes lower.

Examples

  • The policy caused value lowering in the local market.
  • Value lowering happens when trust drops quickly.