demonetization

English

Etymology

From French démonétisation.

Pronunciation

  • (UK) IPA(key): /diːˌmʌnətaɪ̯ˈzeɪ̯ʃən/
  • (US) IPA(key): /diˌmɑnətaɪ̯ˈzeɪ̯ʃən/, /diˌmɑnətɪˈzeɪ̯ʃən/, /ˈdimɑnətaɪ̯ˌzeɪ̯ʃən/
  • Rhymes: -eɪʃən

Noun

demonetization (countable and uncountable, plural demonetizations)

  1. The act or process of demonetizing (withdrawing as legal tender).
    Hyponym: (India) notebandi
    • 1973 August 9, “Demonetization Feared”, in The New York Times‎[1], New York, N.Y.: The New York Times Company, →ISSN, →OCLC, archived from the original on 5 November 2023:
      The current spiral in prices — 20 per cent in the last year — has been attributed to the wide circulation of “black money.” The official committee recommended demonetization on the assumption that “black money” is generally kept in stacks of 100‐rupee and 1,000‐rupee notes.
  2. (Internet) The act or process of demonetizing (making content ineligible to earn money).

Translations

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