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demonetize

 - 2 dictionary results

de⋅mon⋅e⋅tize

  [dee-mon-i-tahyz, -muhn-]
Use demonetize 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 demonetize
de·mon·e·tize   (dē-mŏn'ĭ-tīz', -mŭn'-)   
tr.v.   de·mon·e·tized, de·mon·e·tiz·ing, de·mon·e·tiz·es

  1. To divest (a coin, for example) of monetary value.

  2. To stop using (a metal) as a monetary standard.


[French démonétiser : dé-, away from (from Old French de-; see de-) + Latin monēta, coin; see money.]
de·mon'e·ti·za'tion (-tĭ-zā'shən) n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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