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demonetise

 - 2 dictionary results

de⋅mon⋅e⋅tize

  [dee-mon-i-tahyz, -muhn-]
Use demonetise in a Sentence
–verb (used with object), -tized, -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; < F 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. 2009.
Cite This Source Link To demonetise
demonetise

verb
deprive of value for payment; "demonetize a coin" [syn: demonetize] 
WordNet® 3.0, © 2006 by Princeton University.
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