demonetize

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

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.

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Also especially British, de·mon·e·tise .

Origin of demonetize

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

OTHER WORDS FROM demonetize

de·mon·e·ti·za·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for demonetize

British Dictionary definitions for demonetize

demonetize

demonetise

/ (diːˈmʌnɪˌtaɪz) /

verb (tr)

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

Derived forms of demonetize

demonetization or 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