more specific than just cool, it sometimes means the opposite of debased (: to lower in status, esteem, quality, or character. : to reduce the intrinsic value o

more specific than just cool, it sometimes means the opposite of debased (: to lower in status, esteem, quality, or character. : to reduce the intrinsic value of (a coin) by increasing the base-metal content ) I've read it as high quality, high character, or high value depending on the subject.