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Demonetization   Listen
noun
demonetization  n.  The act of demonetizing, or the condition of being demonetized; specificially, The declaration by a government that something (e.g. gold or silver) is no longer the legal tender of a country; as, the demonetization of gold.






Collaborative International Dictionary of English 0.48








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"Demonetization" Quotes from Famous Books



... the matter is that the time has come for both gold and silver to increase in purchasing power; but by reason of demonetization almost the entire increase has been concentrated in gold, leaving silver almost stationary as to commodities in general, but somewhat enhanced as to farm products. In the name of common, honesty, is it not a high-handed outrage to make the old debts of that period payable in ...
— If Not Silver, What? • John W. Bookwalter



Words linked to "Demonetization" :   monetization, ending, conclusion, termination, demonetisation, demonetize



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