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demonetize

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demonetize


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Demonetize  \De*mon"e*tize\  (?;  see  {Monetary}),  v.  t. 
  To  deprive  of  current  value;  to  withdraw  from  use  as  money. 
 
  They  [gold  mohurs]  have  been  completely  demonetized  by 
  the  [East  India]  Company.  --R.  Cobden. 
 
  From  WordNet  r  1.6  [wn]: 
 
  demonetize 
  v  :  deprive  of  value  for  payment;  "demonetize  a  coin" 




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