DEFINITION: n. The desire to convert items with sentimental value, like antique hand-crafted jewelery, back into the raw material, like gold bullion, to access its commercial value. v. To cash in something with sentimental value.

Kitchenminting

Created by: splendiction

Pronunciation: kit chen mint ing

Sentence: His kitchenminting of gold jewelry into goldingots and other pieces of the stable currency, gold, was a response to the terrible stagflation in the economy. The plastic he used from credit cards, however, had no real “monetary” value. Melting credit cards in the kitchenminting process was symboilic of a return to really valuable forms of wealth, like gold. Tomorrow he would commence kitchenminting silverware into silver coinage.

Etymology: From kitchen (cooking area) and mint (where money is made). Kitchenmints derive gold into gold bars for the wealthy. Kitchenminting among the middleincomers is gaining in popularity; effected by the current economic downturn, families turn to liquifying assets like jewelry to purchase food, clothes, and other necessities.

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