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Definition of Demonetize
1. Verb. Deprive of value for payment. "Demonetize a coin"
Generic synonyms: Devaluate, Devalue
Derivative terms: Demonetisation, Demonetization
Definition of Demonetize
1. v. t. To deprive of current value; to withdraw from use, as money.
Definition of Demonetize
1. Verb. To withdraw the status of legal tender from a coin (etc.) and remove it from circulation. ¹
2. Verb. To declare ineligible or worthless as a medium of exchange or as legal tender. ¹
¹ Source: wiktionary.com
Definition of Demonetize
1. [v -TIZED, -TIZING, -TIZES]
Lexicographical Neighbors of Demonetize
Literary usage of Demonetize
Below you will find example usage of this term as found in modern and/or classical literature:
1. Senator Benjamin H. Hill of Georgia: His Life, Speeches and Writings by Benjamin Harvey Hill (1891)
"Congress has, therefore, in my judgment, no power to demonetize silver any more
than to demonetize gold ; no power to demonetize either any more than to ..."
2. "An American commoner": the life and times of Richard Parks Bland. A study by William Vincent Byars (1900)
"The Spanish War Used to Turn the Flank of Chicago Platform Democracy so as to
demonetize Silver.—Issues Precipitated by the Teller Resolution. ..."
3. The International Year Book edited by Frank Moore Colby, Harry Thurston Peck (1902)
"declare gold coin the only legal unlimited tender and to demonetize 100000 silver
soles. The export trade of Peru during 1900 showed an increase of 46.4 per ..."
4. A history of the precious metals: From the Earliest Times to the Present Day by Alexander Del Mar (1880)
"... eighty millions in all—Comparison with California and Australia—The Quinto—The
magnitude of the Brazilian product enables Portugal to demonetize silver. ..."
5. American Orations: Studies in American Political History edited by Alexander Johnston, James Albert Woodburn (1898)
"Congress has therefore, in my judgment, no power to demonetize silver any more
than to demonetize gold ; no power to demonetize either any more than to ..."