de-monetise

de·mon·e·tize

[dee-mon-i-tahyz, -muhn-]
verb (used with object), de·mon·e·tized, de·mon·e·tiz·ing.
1.
to divest (a monetary standard or the like) of value.
2.
to withdraw (money or the like) from use.
3.
to deprive (an issue of postage stamps) of validity by legal methods and without marking the stamps themselves.
Also, especially British, de·mon·e·tise.

Origin:
1850–55; < French démonétiser. See de-, monetize

Related forms
de·mon·e·ti·za·tion, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
demonetize or demonetise (diːˈmʌnɪˌtaɪz) [Click for IPA pronunciation guide]
 
—vb
1.  to deprive (a metal) of its capacity as a monetary standard
2.  to withdraw from use as currency
 
demonetise or demonetise
 
—vb
 
demoneti'zation or demonetise
 
—n
 
demoneti'sation or demonetise
 
—n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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