FREE COINAGE


Meaning of FREE COINAGE in English

noun

1.

a. : the conversion of bullion of any specified metal into legal-tender coins for any person who chooses to bring it to the mint

b. : such coinage when done at a certain fixed charge proportionate to the cost of the operation — compare brassage , seignorage

2. : legal-tender coins made by free coinage

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.