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LSDefine
Simple English definitions for legal terms
mint
Read a random definition: level of abstraction
A quick definition of mint:
Term: MINT
Definition: A mint is a place authorized by the government to make money. It's like a factory that makes coins. Mintage is the cost of making money, and mint-mark is a special mark on a coin that shows where it was made.
A more thorough explanation:
Definition: A place authorized by the government for producing coins. It can also refer to a large supply of money.
Examples:
- The United States Mint is responsible for producing all of the country's coins.
- After winning the lottery, he suddenly had a mint of money to spend.
The first example illustrates the first definition of MINT, as it refers to the government-authorized place for coining money. The second example illustrates the second definition, as it refers to a large supply of money.