Noun: demonetization dee,mú-nu-tu'zey-shun [N. Amer], dee,mú-nu-tI'zey-shun [Brit]
- Ending something (e.g. gold or silver) as no longer the legal tender of a country
"The sudden demonetization of certain banknotes caused widespread confusion";
- demonetisation [Brit]
Derived forms: demonetizations
Type of: conclusion, ending, termination
Encyclopedia: Demonetization