Dictionary

demonetize

verb de·mon·e·tize \(ˌ)dē-ˈmä-nə-ˌtīz, -ˈmə-\

Definition of DEMONETIZE

transitive verb
1
:  to stop using (a metal) as a monetary standard
2
:  to deprive of value for official payment
de·mon·e·ti·za·tion \(ˌ)dē-ˌmä-nə-tə-ˈzā-shən, -ˌmə-\ noun
ADVERTISEMENT

Origin of DEMONETIZE

French démonétiser, from dé- de- + Latin moneta coin — more at mint
First Known Use: 1852

Browse

Next Word in the Dictionary: demoniac (adjective)Previous Word in the Dictionary: demon drinkAll Words Near: demonetize
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears