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Definitions for: Demonetize [v] deprive of value for payment; "demonetize a coin"
Webster (1913) Definition: De*mon"e*tize (?; see Monetary), v. t.
To deprive of current value; to withdraw from use, as money.
They [gold mohurs] have been completely demonetized by
the [East India] Company. --R. Cobden.
Synonyms: demonetise
See Also: devaluate, devalue
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