demonetize

Definition of demonetize

de`mon´e`tize
v. t.1.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.

Related Words

demonetisation, demonetise, demonetization, devaluate, devalue
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