Dictionary.com
definitions
  • synonyms

demonetize

[dee-mon-i-tahyz, -muhn-]
See more synonyms for demonetize on Thesaurus.com
verb (used with object), de·mon·e·tized, de·mon·e·tiz·ing.
  1. to divest (a monetary standard or the like) of value.
  2. to withdraw (money or the like) from use.
  3. to deprive (an issue of postage stamps) of validity by legal methods and without marking the stamps themselves.
Show More
Also especially British, de·mon·e·tise.

Origin of demonetize

From the French word démonétiser, dating back to 1850–55. See de-, monetize
Related formsde·mon·e·ti·za·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for demonetize

Historical Examples

  • The only result is to demonetize gold and to cause it to be hoarded or exported.

    American Eloquence, Volume IV. (of 4)

    Various

  • In 1652 an attempt was made to demonetize the vellon, June 25th, which was abandoned November 14th.


British Dictionary definitions for demonetize

demonetize

demonetise

verb (tr)
  1. to deprive (a metal) of its capacity as a monetary standard
  2. to withdraw from use as currency
Show More
Derived Formsdemonetization 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

Word Origin and History for demonetize

v.

1852, from French démonitiser, from de- (see de-) + monetiser (see monetize).

Show More
Online Etymology Dictionary, © 2010 Douglas Harper