demonetization — English Dictionary

Noun

1. The act or process of demonetizing (withdrawing as legal tender).

   Usage

   • Countable
   • Uncountable

   Examples

   More examples (1)

   The current spiral in prices — 20 per cent in the last year — has been attributed to the wide circulation of “black money.” The official committee recommended demonetization on the assumption that “black money” is generally kept in stacks of 100‐rupee and 1,000‐rupee notes.

2. The act or process of demonetizing (making content ineligible to earn money).

   Usage

   • Internet
   • Countable
   • Uncountable

Noun

1. ending something (e.g. gold or silver) as no longer the legal tender of a country

   Synonyms

   demonetisation

   Antonyms

   monetization

   Broader terms

   terminationendingconclusion