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demonetize

[dee-mon-i-tahyz, -muhn-] /diˈmɒn ɪˌtaɪz, -ˈmʌn-/
verb (used with object), demonetized, demonetizing.
1.
to divest (a monetary standard or the like) of value.
2.
to withdraw (money or the like) from use.
3.
to deprive (an issue of postage stamps) of validity by legal methods and without marking the stamps themselves.
Also, especially British, demonetise.
Origin of demonetize
1850-1855
From the French word démonétiser, dating back to 1850-55. See de-, monetize
Related forms
demonetization, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for demonetization
Historical Examples
  • The House or the Senate, I 've forgotten which, had passed the demonetization bill.

    The Cross-Cut

    Courtney Ryley Cooper
  • But what shall be said in defense of the demonetization of silver by the United States?

    Money John P. Jones
  • He's our greatest authority on the demonetization of wampum.

    The Main Chance Meredith Nicholson
  • It is the fact of monetization for one of the metals, and demonetization for the other.

    The Arena Various
  • The demonetization of silver, which has taken place in various countries.

  • The motive for the demonetization of silver was precisely the same that had previously inspired the demonetization of gold.

    Money John P. Jones
  • Her income and creditor classes are daily in receipt of an unearned increment to their wealth by reason of that demonetization.

    Money John P. Jones
  • What really placed us alongside such barbarous countries as India was the demonetization of silver.

    Money John P. Jones
  • It was by that demonetization that the people of Europe were enabled, with gold, to buy silver at 30 per cent.

    Money John P. Jones
  • And so it was that our cotton planters, by the demonetization of silver, were placed alongside the barbarous people of India.

    Money John P. Jones
British Dictionary definitions for demonetization

demonetize

/diːˈmʌnɪˌtaɪz/
verb (transitive)
1.
to deprive (a metal) of its capacity as a monetary standard
2.
to withdraw from use as currency
Derived Forms
demonetization, demonetisation, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for demonetization
n.

1852, from French démonétisation, from démonetiser (see demonetize).

demonetize

v.

1852, from French démonitiser, from de- (see de-) + monetiser (see monetize).

Online Etymology Dictionary, © 2010 Douglas Harper
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