demonetization


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de·mon·e·tize

 (dē-mŏn′ĭ-tīz′, -mŭn′-)
tr.v. de·mon·i·tized, de·mon·i·tiz·ing, de·mon·i·tiz·es
1. To divest (a coin, for example) of monetary value.
2. To stop using (a metal) as a monetary standard.
[French démonétiser : dé-, away from (from Old French de-; see de-) + Latin monēta, coin; see money.]
de·mon′e·ti·za′tion (-tĭ-zā′shən) n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.demonetization - ending something (e.g. gold or silver) as no longer the legal tender of a country
demonetisation
ending, termination, conclusion - the act of ending something; "the termination of the agreement"
monetisation, monetization - establishing something (e.g. gold or silver) as the legal tender of a country
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

demonetization

[diːˌmʌnɪtaɪˈzeɪʃən] N → desmonetización f
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
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References in periodicals archive ?
There were also some short-term costs of demonetization in form of inconvenience and hardship, especially to those in the informal and cash-intensive sectors of the economy, however "it was taken care of very soon".
Demonetisation deterred terror funding, boosted digitalisation: FM Sitharaman
New Delhi: On the Indian economy, the Comptroller and Auditor General (CAG) is auditing the impact of the controversial demonetization.
CAG report will be ready before Budget Session
It is further clarified that SBP Act, 1956 clearly defines the roles and responsibilities of different institutions including SBP for issuance, circulation and demonetization or cancellation of banknotes.
SBP rejects rumours about discontinuation of Rs. 5000 banknotes
Specifically, section 25 of the Act requires a recommendation of SBP Board of Directors before the Federal Government makes any decision about the demonetization or cancellation of banknotes.
SBP rejects rumors about discontinuation of Rs.5000 banknotes
The bank has further clarified that SBP Act-1956 clearly defines the roles and responsibilities of different institutions including SBP for issuance, circulation and demonetization or cancellation of banknotes.
SBP rejects rumours about discontinuation of Rs 5000 banknotes
Further, in case of demonetisation of any banknote, SBP announces the same well in advance and provides ample time to public to change the currency under demonetization process.
SBP rejects rumours about discontinuation of Rs 5000 banknotes
Issues widely discussed in India in the past two years have been about Demonetization and GST.
Assumptions and Aspirations of Society about Demonetization and Goods and Service Tax
Taking stock of the impact of note-ban reform, IIF said, "Demonetization in late 2016 affected 85% of cash in circulation and activity took a deep hit as distribution of new banknotes was slow.
Cost of Modi's gst, demonetisation: here's what Indian economy lost that rest of the world did not
The demonetization not only controls counterfeit notes that could be contributing to terrorism and to eliminate the "black economy" but also help for financial deepening.
Pre and Post Impact of Demonetization on Economic Growth: Evidence from Countries Implemented Demonetization
The Commerce Department at Indian School Wadi Kabir organized'ECONOMIX ', an inter-school competition featuring a debate on the motion:'Demonetization- A Step in the Right Direction ' along with 'Fashion Gala ', a fashion show centered on the themes of Demonetization, Globalization and Bitcoins.
ISWK ORGANIZES 'ECONOMIX' - A UNIQUE INTER-SCHOOL CONTEST OF DEBATING AND 'FASHION GALA'
To recall a popular saying, demonetization was like burning the house to kill the rats!
Burning House To Kill Rats
At the time of demonetization, I was a medical post graduate student, but even then it was evident that it played havoc with the medical profession.
Residents reflect on effect of demonetisation

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