to coin
- verb
- /kɔɪn/
- Section 8 of the U.S. Constitution clearly states that only Congress can print and coin money!
Examples
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See Article I, Section 8 powers to coin and create money. There is no limit on them to do such.
Blog text (23) -
Congress shall have power to coin money, regulate the value thereof, and of foreign coin.
Blog text (18) -
Congress is given the authority to coin and regulate the value of money by the Constitution.
Academic text (1993) -
When the U.S. won independence from Britain, the first article of the new constitution gave congress the exclusive right to "coin money".
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And go back to the Constitution that allows only the Congress to coin money and declare the value thereof?
Blog text (8) -
Why is the taxpayer paying the Fed interest to coin our money when the Treasury has the power to do so?
Blog text (2) -
Arguments among congressmen raged between those who wanted all U.S. money to be backed by gold versus those who demanded that paper currency be issued along with silver being coined in greater quantities.
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The government decided to coin a new currency to address the economic crisis.
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It is the responsibility of the mint to coin medals for the Olympic winners.
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The artists will coin a commemorative coin to celebrate the city's anniversary.
Synonyms
To make a sound by hitting an instrument or object
To press a design or letters into something with a tool
To make coins or medals by stamping metal
Idioms
Treat someone in the same bad way they treated you
Phrasal Verbs
Compounds
Surface Forms
Etymology
The verb coin comes from the old idea of using a metal 'stamp' (linked to Latin cuneus 'wedge') to make money, and it still means 'to stamp metal to make official money'. So when a government coins money, it is making and stamping the metal pieces used as currency.