Demonetization

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}]