What does demonetization mean?
Demonetization means The act or process of demonetizing (withdrawing as legal tender)..
/diːˌmʌnətaɪˈzeɪʃən/ · noun
The act or process of demonetizing (withdrawing as legal tender)..
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.
Choose a synonym only when it preserves the intended meaning, tone, and grammar of the full sentence.
Demonetization means The act or process of demonetizing (withdrawing as legal tender)..
Common synonyms include demonetisation.
Possible antonyms include monetization, monetisation.
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.
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