demonetize verb trans. [di:'mʌnɪtʌɪz, -mɒn-] Also
demonetise.
M19.[French démonétiser, from dé- DE- 3 + Latin moneta MONEY noun: see -IZE. Cf. MONETIZE.]Deprive of standard monetary value; withdraw (gold etc.) from use as money.
■ demoneti'zation noun M19. [TahlilGaran] English Dictionary ▲