demonetize(redirected from demonitized)
Also found in: Thesaurus.
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.
[French démonétiser : dé-, away from (from Old French de-; see de-) + Latin monēta, coin; see money.]
de·mon′e·ti·za′tion (-tĭ-zā′shən) n.
1. (Economics) to deprive (a metal) of its capacity as a monetary standard
2. (Economics) to withdraw from use as currency
deˌmonetiˈzation, deˌmonetiˈsation, deˌmonetariˈzation, deˌmonetariˈsation n
de•mon•e•tize(diˈmɒn ɪˌtaɪz, -ˈmʌn-)
v.t. -tized, -tiz•ing.
1. to divest (a monetary standard) of value.
2. to withdraw (money) from use.
Past participle: demonetized