'demonetization' definitions:
Definition of 'demonetization'
From: WordNet
noun
Ending something (e.g. gold or silver) as no longer the legal tender of a country [syn: demonetization, demonetisation] [ant: monetisation, monetization]
Definition of 'demonetization'
From: GCIDE
- demonetization \de*mon`e*ti*za"tion\, n. The act of demonetizing, or the condition of being demonetized; specificially, the declaration by a government that something (e.g. gold or silver) is no longer the legal tender of a country; as, the demonetization of gold. [1913 Webster + WordNet 1.5]