Free coinage
Free coinage 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. [Webster 1913 Suppl.]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • free coinage — ☆ free coinage n. the system by which a government is legally required to coin for a person, either free or at cost, any gold, silver, etc. that the person brings to the mint …   English World dictionary

  • free coinage — 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… …   Useful english dictionary

  • free coinage — the unrestricted coinage of bullion or of a specified metal, as silver, into money for any person bringing it to the mint, either with or without charge for minting. [1885 90, Amer.] * * * …   Universalium

  • Free Silver — was an important political issue in the late 19th century United States. To understand exactly what is meant by free coinage of silver , it is necessary to understand the way mints operated in the days of the gold standard. Essentially, anyone… …   Wikipedia

  • Free silver — The free coinage of silver; often, specif., the free coinage of silver at a fixed ratio with gold, as at the ratio of 16 to 1, which ratio for some time represented nearly or exactly the ratio of the market values of gold and silver respectively …   The Collaborative International Dictionary of English

  • free´-sil´ver — free silver, the free coinage of silver, especially at a fixed 16 to 1 ratio with gold; the making of silver into coins for anyone who brings it to the mint. –free´ sil´ver, adjective …   Useful english dictionary

  • free silver — free silver, adj. Econ. the free coinage of silver, esp. at a fixed ratio with gold. [1875 80, Amer.] * * * …   Universalium

  • free silver — ☆ free silver n. the free coinage of silver, esp. at a fixed ratio to the gold coined in the same period …   English World dictionary

  • Coinage Act of 1792 — The Coinage Act or the Mint Act, passed by the United States Congress on April 2, 1792, established the United States Mint and regulated the coinage of the United States.[1] The long title of the legislation is An act establishing a mint, and… …   Wikipedia

  • free gold — noun : gold held in excess of legal reserve requirements or gold certificates held by the United States Federal Reserve system over the required minimum set as backing for Federal Reserve notes and member bank deposits * * * 1. treasury gold,… …   Useful english dictionary

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