Minting
Pronunciation: /ˈmɪntɪŋ/
Minting (noun)
- The process of producing new coins or banknotes for use in a country’s economy.
- In cryptocurrency, the act of generating new digital coins through a network rule.
- The manufacturing of coins from metal using presses and dies to form designs and marks.
Examples
- Minting new money can affect prices in the market.
- The government stopped minting new money during the crisis.