demonetization

listen to the pronunciation of demonetization
English - English
ending something e
The act of demonetizing, or the condition of being demonetized
The act or process of demonetizing
{i} act of removing money from circulation (also demonetisation)
gold or silver as no longer the legal tender of a country
demonetize
To withdraw the status of legal tender from a coin (etc.) and remove it from circulation
demonetize
To declare ineligible or worthless as a medium of exchange or as legal tender

These stamps are obsolete and worthless for postage. A reasonable time after hostilities began in 1861 was given for the exchange of stamps in the hands of the public and for the replacement of post office stocks. Their acceptance in the prepayment of postage was ordered discontinued in the several States and Territories, .

demonetisation
{i} act of removing money from circulation (also demonetization)
demonetize
To remove the status of legal tender from a coin etc. and remove it from circulation
demonetize
deprive of value for payment; "demonetize a coin
demonetize
To deprive of current value; to withdraw from use, as money
demonetize
{f} remove money from circulation; deprive of monetary value (also demonetise)
demonetization
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