de·​mon·​e·​tize | \ (ˌ)dē-ˈmä-nə-ˌtīz How to pronounce demonetize (audio) , -ˈmə- How to pronounce demonetize (audio) \
demonetized; demonetizing; demonetizes

Definition of demonetize

transitive verb

1 : to stop using (a metal) as a monetary standard
2 : to deprive of value for official payment

Other Words from demonetize

demonetization \ (ˌ)dē-​ˌmä-​nə-​tə-​ˈzā-​shən How to pronounce demonetize (audio) , -​ˌmə-​ \ noun

First Known Use of demonetize

1852, in the meaning defined at sense 1

History and Etymology for demonetize

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

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The first known use of demonetize was in 1852

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Cite this Entry

“Demonetize.” Dictionary, Merriam-Webster, Accessed 7 May. 2021.

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