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.
Origin of demonetize
Related formsde·mon·e·ti·za·tion, noun
From the French
dating back to 1850–55.
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for demonetization
Historical Examples of demonetization
The House or the Senate, I 've forgotten which, had passed the demonetization bill.
But what shall be said in defense of the demonetization of silver by the United States?
He's our greatest authority on the demonetization of wampum.
It is the fact of monetization for one of the metals, and demonetization for the other.
The demonetization of silver, which has taken place in various countries.
British Dictionary definitions for demonetization
Derived Formsdemonetization or demonetisation, noun
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
Word Origin and History for demonetization
1852, from French démonétisation, from démonetiser (see demonetize).
1852, from French démonitiser, from de- (see de-) + monetiser (see monetize).
Online Etymology Dictionary, © 2010 Douglas Harper