demonetize

[dee-mon-i-tahyz, -muhn-]
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.
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 of demonetize


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
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).

Online Etymology Dictionary, © 2010 Douglas Harper