demonetize

play
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

demonetization

play \(ˌ)dē-ˌmä-nə-tə-ˈzā-shən, -ˌmə-\ noun

Recent Examples of demonetize from the Web

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Origin and Etymology of demonetize

French démonétiser, from dé- de- + Latin moneta coin — more at mint


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