remonetize

verb

re·​mon·​e·​tize (ˌ)rē-ˈmä-nə-ˌtīz How to pronounce remonetize (audio)
 also  -ˈmə-
remonetized; remonetizing

transitive verb

: to monetize (something) again: such as
a
: to restore (something) to use as legal tender
In particular, they wanted the government to remonetize silver or, in other words, turn silver into an acceptable currency.Kevin M. Schultz
b
: to restore (something of value) as a source of profit : to make (something) profitable again
… it's a solid brand refresher that will make a mint—an effective way for Disney to remonetize a dormant franchise.Mark Harris
remonetization noun
remonetization of silver

Word History

First Known Use

1875, in the meaning defined above

Time Traveler
The first known use of remonetize was in 1875

Dictionary Entries Near remonetize

Cite this Entry

“Remonetize.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/remonetize. Accessed 28 Mar. 2024.

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