demonetize

American

[dee-mon-i-tahyz, -muhn-] / diˈmɒn ɪˌtaɪz, -ˈmʌn- /

especially British, demonetise

verb (used with object)

demonetized, demonetizing

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.

demonetize British

/ diːˈmʌnɪˌtaɪz /

verb

to deprive (a metal) of its capacity as a monetary standard
to withdraw from use as currency

"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

Other Word Forms

demonetization

noun

Etymology

Origin of demonetize

From the French word démonétiser, dating back to 1850–55. See de-, monetize

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023