to demonetize
Pronunciation
/dˈɛmənɪtˌaɪz/
demonetise

Definition & Meaning of "demonetize"in English

to demonetize
01

to cease to use something as a legal currency or declare it invalid for transactions

Grammatical Information
Composition
derived
Action verb
Regular
Present tense
demonetize
3rd person singular
demonetizes
Present participle
demonetizing
Past simple
demonetized
Past participle
demonetized
Examples
The company decided to demonetize its old gift cards to introduce a new, updated system.
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