verb (used with object), de·mon·e·tized, de·mon·e·tiz·ing.
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OTHER WORDS FROM demonetizede·mon·e·ti·za·tion, noun
How to use demonetize in a sentence
He's our greatest authority on the demonetization of wampum.The Main Chance|Meredith Nicholson
The demonetization of groceries is doing as much toward the general wiggly palsy of trade as anything I know of.Remarks|Bill Nye
The financial managers threw gold out of use and then urged its non-use as a reason for its demonetization.
But suppose there had been a general demonetization of gold instead of silver, how would the ratio have stood then?
And with this the people began to get at the true reason—the general demonetization by so many nations.