demonetize
[ dee-mon-i-tahyz, -muhn- ]
/ diˈmɒn ɪˌtaɪz, -ˈmʌn- /
verb (used with object), de·mon·e·tized, de·mon·e·tiz·ing.
to divest (a monetary standard or the like) of value.
to withdraw (money or the like) from use.
to deprive (an issue of postage stamps) of validity by legal methods and without marking the stamps themselves.
Also
especially British,
de·mon·e·tise.
OTHER WORDS FROM demonetize
de·mon·e·ti·za·tion, nounWords nearby demonetize
demolitions,
demon,
demon star,
demon-,
demonetarize,
demonetize,
demoniac,
demonian,
demonic,
demonism,
demonize
Example sentences from the Web for demonetization
British Dictionary definitions for demonetization
demonetize
demonetise
/ (diːˈmʌnɪˌtaɪz) /
verb (tr)
to deprive (a metal) of its capacity as a monetary standard
to withdraw from use as currency