free coinage (Meaning)
free coinage ()
In the fullest sense, the conversion of bullion (of any specified metal) into legal-tender coins for any person who chooses to bring it to the mint; in a modified sense, such coinage when done at a fixed charge proportionate to the cost of the operation.
Synonyms & Antonyms of free coinage
No Synonyms and anytonyms found
free coinage Sentence Examples
- The government implemented free coinage, allowing individuals to mint their own coins free of charge.
- Advocates of free coinage believed it would increase the money supply and boost economic growth.
- The Sherman Silver Purchase Act of 1890 mandated free coinage of silver, sparking a contentious debate.
- Opponents of free coinage feared it would lead to inflation and a devaluation of currency.
- The passage of the Gold Standard Act of 1900 ended free coinage of silver in the United States.
- The concept of free coinage remains relevant in modern discussions of monetary policy.
- Some economists argue that free coinage could help combat deflationary pressures.
- The potential consequences of implementing free coinage continue to be debated by experts.
- While free coinage has its proponents, it also faces skepticism and criticism.
- The decision to adopt or reject free coinage is a complex one, requiring careful consideration of its potential benefits and drawbacks.
FAQs About the word free coinage
In the fullest sense, the conversion of bullion (of any specified metal) into legal-tender coins for any person who chooses to bring it to the mint; in a modifi
No synonyms found.
No antonyms found.
The government implemented free coinage, allowing individuals to mint their own coins free of charge.
Advocates of free coinage believed it would increase the money supply and boost economic growth.
The Sherman Silver Purchase Act of 1890 mandated free coinage of silver, sparking a contentious debate.
Opponents of free coinage feared it would lead to inflation and a devaluation of currency.
