Demonetization
Definition, Meaning & Examples
Pronunciation /diːˌmʌnətaɪˈzeɪʃən/ · Part of speech noun
Quick meaning: Demonetization is a noun meaning The act or process of demonetizing (withdrawing as legal tender).
Meaning
The act or process of demonetizing (withdrawing as legal tender).
More Meanings
- (Internet) The act or process of demonetizing (making content ineligible to earn money).
Example Sentences
The current spiral in prices — 20 per cent in the last year — has been attributed to the wide circulation of “black money.” The official committee recommended demonetization on the assumption that “black money” is generally kept in stacks of 100‐rupee and 1,000‐rupee notes.
Word Forms
- demonetizations
Synonyms for demonetization
Depending on context, synonyms include demonetisation.
Antonyms for demonetization
Common opposites include monetization, monetisation.
Related Words
Related dictionary entries include demonetisation, dementalization, remonetization, denormalization, decommunization, illegalization.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.