Of precious metal or coin: of less value or lower purity than (a specified standard). Now historical.

Of price: low, cheap. Now literary and with overtones of sense A. 10.

= abased, adj., debased, adj., in various senses.

Lowered in value or estimation.

Finance and Stock Market. Of a currency or share: relatively low in value or price.

Lowered in estimation (obsolete), in quality, or character: see the verb.