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demonetize

Syllabification: (de·mon·e·tize)
Pronunciation: /dēˈmäniˌtīz/

Definition of demonetize

verb

[with object] (usually be demonetized)
  • deprive (a coin or precious metal) of its status as money.

Derivatives

demonetization


noun

Origin:

mid 19th century: from French démonétiser, from dé- (expressing reversal) + Latin moneta 'money'

demonetize in other Oxford dictionaries

Definition of demonetize in the British & World English dictionary