Meaning:
The word "debased" is an adjective that describes something that has been lowered in quality, character, or value. When something is debased, it is not as good as it used to be. For example, if a currency is debased, it means its value has decreased.
In more advanced contexts, "debased" can be used in discussions about moral or ethical standards. For instance, you might say: - "The debased values of society are reflected in the media we consume."
In Economics: Referring to currency that has lost its value, often due to inflation or poor management.
In Morality: Describing a decline in ethical standards.