The Collaborative International Dictionary of English v.0.48:
Debasement \De*base"ment\, n. The act of debasing or the state of being debased. --Milton. [1913 Webster]WordNet (r) 3.0 (2006):
debasement n 1: being mixed with extraneous material; the product of adulterating [syn: adulteration, debasement] 2: changing to a lower state (a less respected state) [syn: degradation, debasement]