Demonetize

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  demonetize \de*mon"e*tize\ (?; see {Monetary}), v. t.
     To deprive of current value; to withdraw from use, as money.
     [1913 Webster]
  
           They [gold mohurs] have been completely demonetized by
           the [East India] Company.                --R. Cobden.


     Demoniac

From WordNet (r) 2.0 [wn]:

  demonetize
       v : deprive of value for payment; "demonetize a coin" [syn: {demonetise}]