What does demonetization mean?
Definitions for demonetization
de·mon·e·ti·za·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word demonetization.
Princeton's WordNet
demonetization, demonetisationnoun
ending something (e.g. gold or silver) as no longer the legal tender of a country
Wiktionary
demonetizationnoun
The act or process of demonetizing
ChatGPT
demonetization
Demonetization is the process of stripping a currency unit of its status as legal tender. This typically involves the withdrawal of a certain denomination of money from circulation and its replacement with a new form of currency. The old unit of currency becomes invalid and is no longer recognized by the government as a medium of exchange. This is often done to combat issues like counterfeiting, corruption, and black money.
Webster Dictionary
Demonetizationnoun
the act of demonetizing, or the condition of being demonetized
Matched Categories
Numerology
Chaldean Numerology
The numerical value of demonetization in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of demonetization in Pythagorean Numerology is: 8
Examples of demonetization in a Sentence
Having said that, there are a couple of weird things that the government did, one of those things was demonetization. I don't think there was any serious economics in it, and there was no particular reason it would do much good.
People aren't doing well and since demonetization and the badly implemented GST, which had such a big impact, things are not getting better, that's really the key and what feeds into the voting in the state elections.
Translations for demonetization
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"demonetization." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/demonetization>.
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