demonetize (redirected from demonetised)

de·mon·e·tize  (d-mn-tz, -mn-)

tr.v. de·mon·i·tized, de·mon·i·tiz·ing, de·mon·i·tiz·es

1. To divest (a coin, for example) of monetary value.

2. To stop using (a metal) as a monetary standard.

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[French démonétiser : dé-, away from (from Old French de-; see de-) + Latin monta, coin; see money.]

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de·mone·ti·zation (-t-zshn) n.

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demonetize or -tise

Verb

[-tizing, -tized] or -tising, -tised to withdraw from use as currency

demonetization
-tisation n

Thesaurus

Verb

1.

demonetize - deprive of value for payment; "demonetize a coin" demonetise devaluate, devalue - remove the value from; deprive of its value