The meaning of Demonetise
Demonetise – definition
verbDeprive (a coin, note, or precious metal) of its status as money.
Usage examples:
Coins minted with the name and portrait of emperor caligula were demonetized after his death
verbTo officially stop using particular notes or coins, or a particular currency
Usage examples:
In 2002 the currencies of twelve european countries were demonetized and replaced with the euro., t…
Demonetise translation into English
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Word origin
mid 19th century: from French démonétiser, from dé- (expressing reversal) + Latin moneta ‘money’.
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