demonetize
|de/mon/e/tize|
C1
🇺🇸
/diˈmɑːnɪˌtaɪz/
🇬🇧
/diˈmɒnɪˌtaɪz/
remove currency status
Etymology
Etymology Information
'demonetize' originates from the French word 'démonétiser', where 'dé-' meant 'remove' and 'monétiser' meant 'to monetize'.
Historical Evolution
'démonétiser' transformed into the English word 'demonetize' in the 19th century.
Meaning Changes
Initially, it meant 'to remove the status of legal tender from a currency', and this meaning has largely remained the same in modern usage.
Meanings by Part of Speech
Verb 1
to officially stop using a particular currency as legal tender.
The government decided to demonetize the old currency notes.
Synonyms
Antonyms
Last updated: 2025/02/11 11:56