The phrase “coin money” is an informal term that means to earn or accumulate wealth rapidly.
In simpler terms, it means to make a lot of money quickly and easily, often implying great success in a business or financial venture.
For example:
- “Those who own stock in that restaurant chain are coining money“.
- “With a monopoly on the market, he could coin money“.
The idiom “coin money” originated from the physical act of minting or creating coins by a government or authority. In ancient times, rulers would mint coins with their image and seal to legitimize and control the currency, which conveyed the idea of creating or making money.
What does the term coin money mean?
Also, mint money. Make a great deal of money easily or very quickly. For example, With a monopoly on the market he could coin money, or These highly motivated realtors just about enable the agency to mint money. This hyperbolic expression dates from the mid-1800s.
What does the Constitution mean by coin money?
Thanks for asking. Congress and Currency
Article I, Section 8, Clause 5 is known as the coinage clause. It gives Congress the exclusive power to coin money. The Supreme Court has also interpreted clause 5 as giving Congress the sole authority to regulate every aspect of United States currency.
What does a coin mean in money?
: a usually flat piece of metal issued by governmental authority as money. b. : metal money.
Is coin slang for money?
That in circulation or current; specie, money. In slang use this has passed into ‘cash, money generally ‘, as in ‘I haven’t the coin to do it’.