demonetize
[dee-mon-i-tahyz, -muhn-]
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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
Dictionary.com Unabridged
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.
The Cross-CutCourtney Ryley Cooper
But what shall be said in defense of the demonetization of silver by the United States?
MoneyJohn P. Jones
He's our greatest authority on the demonetization of wampum.
The Main ChanceMeredith Nicholson
It is the fact of monetization for one of the metals, and demonetization for the other.
The ArenaVarious
The demonetization of silver, which has taken place in various countries.
demonetize
demonetise
verb (tr)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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demonetize
Online Etymology Dictionary, © 2010 Douglas Harper