/dee mon"i tuyz', -mun"-/, v.t., demonetized, demonetizing.
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, esp. Brit., demonetise.
[1850-55; < F démonétiser. See DE-, MONETIZE]

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Universalium. 2010.

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  • demonetize — de‧mon‧e‧tize [ˌdiːˈmʌntaɪz ǁ ˈmɑːn ] also demonetise verb [transitive] FINANCE to no longer allow the use of a particular coin or banknote as money: • The Philippines central bank demonetized the paper money printed during Ferdinand Marcos s… …   Financial and business terms

  • demonetize — de*mon e*tize (?; see {Monetary}), v. t. To deprive of current value; to withdraw from use, as money. [1913 Webster] They [gold mohurs] have been completely demonetized by the [East India] Company. R. Cobden …   The Collaborative International Dictionary of English

  • demonetize — 1852, from Fr. démonitiser, from de (see DE (Cf. de )) + monetiser (see MONETIZE (Cf. monetize)) …   Etymology dictionary

  • demonetize — (Amer.) de·mon·e·tize || ‚diː mÊŒnɪtaɪz v. remove money from circulation; deprive of monetary value (also demonetise) …   English contemporary dictionary

  • demonetize — (also demonetise) ► VERB ▪ deprive (a coin or precious metal) of its status as money. DERIVATIVES demonetization noun. ORIGIN French démonétiser, from Latin moneta money …   English terms dictionary

  • demonetize — [dē män′ə tīz΄] vt. demonetized, demonetizing 1. to deprive (esp. currency) of its standard value 2. to stop using (silver or gold) as a monetary standard demonetization n …   English World dictionary

  • demonetize — transitive verb Etymology: French démonétiser, from dé de + Latin moneta coin more at mint Date: 1852 1. to stop using (a metal) as a monetary standard 2. to deprive of value for official payment • demonetization noun …   New Collegiate Dictionary

  • demonetize — verb a) To withdraw the status of legal tender from a coin (etc.) and remove it from circulation. 1943 Post Office Department, U.S., A Description of United States Postage Stamps Issued by the Post Office Department from July 1, 1847, to April 1 …   Wiktionary

  • demonetize — or demonetise di: mʌnɪtʌɪz, mɒn verb deprive a coin or precious metal of its status as money. Derivatives demonetization noun Origin C19: from Fr. démonétiser, from dé (expressing reversal) + L. moneta money …   English new terms dictionary

  • demonetize — de·monetize …   English syllables

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