Demonetize Definition
dē-mŏnĭ-tīz, -mŭn-
demonetized, demonetizing, demonetize
verb
demonetized
To deprive (esp. currency) of its standard value.
Webster's New World
To stop using (silver or gold) as a monetary standard.
Webster's New World
To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.
Wiktionary
Synonyms:
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