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demonetize

de·mon·e·tize

demonetize

 
pronunciation:
dih ma n taIz
part of speech: transitive verb
inflections: demonetized, demonetizes, demonetizing
definition 1: to stop using (a metal, such as gold) as a measure or standard of monetary values.
definition 2: to deprive (a coin or the like) of monetary value.
derivation: demonetization (n.)