noun
ending something (e.g. gold or silver) as no longer the legal tender of a country
• Syn: ↑demonetisation
• Ant: ↑monetization
• Derivationally related forms: ↑demonetise (for: ↑demonetisation), ↑demonetize
• Hypernyms: ↑termination, ↑ending, ↑conclusion
Useful english dictionary. 2012.