Degrading is the perfect antonym for the word debasing. Degrading implies a decrease in the quality or the value of something, while debasing means to reduce the purity or the excellence of something. Degrading could refer to actions that bring disgrace or humiliation to someone or something, while debasing is specifically focused on reducing the strength or the merit of something. Other antonyms for debasing include elevating, improving, glorifying, and refining. All of these words suggest the opposite of debasing, which is to enhance the value, the dignity, and the importance of something.