ENGLISH DICTIONARY

Redenomination

Definition, Meaning & Examples

Part of speech noun

Quick meaning: Redenomination is a noun meaning The process of redenominating.

Meaning

The process of redenominating.

More Meanings

  1. (economics, finance) The recalibration of the face value of a currency, most frequently by multiplying that value by a power of 10, sometimes followed by the demonetization of any cash issued with the original face value.

Example Sentences

After the redenomination, the new peso was worth 100 old pesos.

Word Forms

Related Words

Related dictionary entries include refederation, rechristianization, renodulation, redelineation, rebadging, recategorization.

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Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

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