recoinage

The government announced a recoinage to replace the old currency.

Definition

1. Noun:
   • The act or process of coining again: "recoinage" refers to the action of minting new coins, typically to replace old or worn-out currency, or to introduce a new standard.
   • Coins that have been coined again: "recoinage" can also mean the set of newly minted coins resulting from this process.

Usage Examples

• (The process of minting new silver coins.)
• (Coins that were minted again during that period.)

Advanced Usage

• "to undergo recoinage": to be subject to the process of being minted anew.

  • The old pennies underwent recoinage to improve their durability. (The old pennies were melted and reminted.)

• "a recoinage standard": a specific weight or purity established for newly minted coins.

  • The new recoinage standard required a higher silver content. (The rule for the new minting process.)

Variants and Related Words

• Recoin (verb): to coin (money) again.

  • The treasury decided to recoin all the gold sovereigns. (To mint them again.)

• Coinage (noun): the system or process of making coins; also, a newly invented word or phrase.

  • The coinage of the new currency took several months. (The creation of coins.)

Synonyms

• Reminting: the act of minting coins again.
• Reissue: to put coins back into circulation, often after reminting.

Phrasal Verbs

• • Recoin into: to convert old coins into new ones.

    • They recoined the old silver into modern currency. (They reminted the silver.)

Related Idioms