2 definitions found From The Collaborative International Dictionary of English v.0.48 [gcide]: demonetization \de*mon`e*ti*za"tion\, n. The act of demonetizing, or the condition of being demonetized; specificially, the declaration by a government that something (e.g. gold or silver) is no longer the legal tender of a country; as, the demonetization of gold. [1913 Webster + WordNet 1.5] From WordNet (r) 2.0 [wn]: demonetization n : ending something (e.g. gold or silver) as no longer the legal tender of a country [syn: {demonetisation}] [ant: {monetization}]
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