What does demonetize mean?
Definitions for demonetize
diˈmɒn ɪˌtaɪz, -ˈmʌn-de·mon·e·tize
This dictionary definitions page includes all the possible meanings, example usage and translations of the word demonetize.
Princeton's WordNet
demonetize, demonetiseverb
deprive of value for payment
"demonetize a coin"
Wiktionary
demonetizeverb
To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.
demonetizeverb
To declare ineligible or worthless as a medium of exchange or as legal tender.
1943 Post Office Department, U.S., A Description of United States Postage Stamps Issued by the Post Office Department from July 1, 1847, to April 1, 1945 [sic]. Washington: United States Government Printing Office; p4: Stamps of 1847 and 1851 Demonetized /
ChatGPT
demonetize
Demonetize refers to the act of stripping a currency unit or precious metal of its status as legal tender. This is typically done when a new form of currency is introduced or the old one is considered unfit for circulation. This action prevents the demonetized forms of money from being used in economic transactions.
Webster Dictionary
Demonetizeverb
to deprive of current value; to withdraw from use, as money
Matched Categories
Numerology
Chaldean Numerology
The numerical value of demonetize in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of demonetize in Pythagorean Numerology is: 8
Translations for demonetize
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"demonetize." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/demonetize>.
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