Definition

Noun: - The United States Mint: The federal government agency responsible for producing coinage for the United States to conduct its trade and commerce. It also physically manufactures and distributes circulating coins, holds precious metal bullion in custody, and produces national medals.

Usage

• The US Mint is the sole official producer of the nation's legal tender coinage.
• The US Mint operates several facilities across the country for coin production.

Examples

• The design for the new quarter was approved by the US Mint.
• You can buy uncirculated coin sets directly from the US Mint.
• The US Mint at Philadelphia is one of its primary production facilities.

Advanced Usage

• "US Mint proof set": A specially packaged set of coins with a mirror-like finish, sold directly to collectors by the Mint.
• "US Mint bullion program": Refers to the Mint's production and sale of gold, silver, and platinum coins primarily for investment purposes, such as the American Eagle series.

Variants and Related Words

• The Mint (proper noun): A common shortened reference to the US Mint.
• Mint (noun): As a common noun, it can refer to a place where coins are manufactured under authority, or to a very large amount of money (e.g., "He made a mint").
• Bureau of the Mint (proper noun): The former name of the US Mint before it became a bureau of the Department of the Treasury.

Synonyms

• National mint: A general term for a country's official coin-producing authority.
• Coinage authority: An entity authorized to produce coins.

Notes

• The US Mint is distinct from the Federal Reserve, which distributes the coins into the banking system. The Mint's primary role is manufacturing.
• It is also different from the US Treasury, of which it is a bureau; the Treasury has broader financial responsibilities.

Noun

1. the mint that manufactures and distributes United States coins for circulation through Federal Reserve Banks; processes gold and silver bullion