Minting: meaning, definitions and examples
๐ช
minting
[ หmษชntษชล ]
creating coins
Minting refers to the process of producing coins or other forms of currency. It involves the striking of metal to create coins that represent monetary value. In modern contexts, minting can also refer to the creation of digital assets, such as cryptocurrencies.
Synonyms
Examples of usage
- The government is minting new coins for the economy.
- They are minting NFTs for the upcoming art exhibit.
- The Royal Mint is responsible for minting the nationโs currency.
coin production
Minting as a noun refers to the act or process of producing coins. It can also pertain to the institution that manufactures coins, known as a mint. This term is particularly relevant in discussions about currency policy and economic history.
Synonyms
coinage, manufacturing, striking.
Examples of usage
- The minting of new currency has been delayed.
- Minting requires precise technology and skilled workers.
- The minting process is regulated by national authorities.
Translations
Translations of the word "minting" in other languages:
๐ต๐น cunhagem
๐ฎ๐ณ เคฎเคฟเคเคเคฟเคเค
๐ฉ๐ช Prรคgung
๐ฎ๐ฉ pencetakan
๐บ๐ฆ ัะตะบะฐะฝะบะฐ
๐ต๐ฑ bicie
๐ฏ๐ต ้ณ้
๐ซ๐ท frappage
๐ช๐ธ acuรฑaciรณn
๐น๐ท darphane
๐ฐ๐ท ์ฃผ์กฐ
๐ธ๐ฆ ุตู
๐จ๐ฟ raลพba
๐ธ๐ฐ raลพba
๐จ๐ณ ้ธ้
๐ธ๐ฎ kovanje
๐ฎ๐ธ myntun
๐ฐ๐ฟ ะฐาัะฐะฝั ะถะฐัะฐั
๐ฌ๐ช แคแฃแแแก แแแญแ แ
๐ฆ๐ฟ pul kษsmษk
๐ฒ๐ฝ acuรฑaciรณn
Etymology
The term 'minting' originates from the Latin word 'moneta', which was the name of the temple of Juno Moneta in ancient Rome. This temple was the place where coins were first minted by the Romans, establishing the link between the act of creating currency and the term itself. The English word 'mint' comes from the Old French 'minte', which in turn evolved from the Latin 'moneta'. Over time, the term has expanded to include not only the traditional concept of producing physical coins but also the modern concept of creating digital assets, particularly in the context of cryptocurrencies. The historical significance of minting has shaped economies for centuries and continues to evolve with advancing technology.