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n. - Ending something (e.g. gold or silver) as no longer the legal tender of a country.

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Usage examples (6)
  • West, coupled with the demonetisation of silver, brought down prices with a run.
  • He now ventures to suggest that the present demonetisation of gold may well he availed of for the purpose of taking one considerable step towards these great ends.
  • The dollarisation of the economy and the resulting demonetisation of the Zimbabwean dollar impacted negatively on banking institutions as Zimbabwe dollar deposits were...
  • More than one million people rose up on August 8 that year to protest an entrenched military-backed regime headed by General Ne Win that had wiped out the savings of many with...
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We give special thanks to our LearnThat volunteers, as well as Princeton University and Wiktionary for their Open Source word data. We're also grateful for the support given by Google, Wordnik.com, Dictionary.com, Stands4.com and YouTube, OEDILF.com, Kylescholz.com, Best-Practice.com, Forvo.com, as well as the generous Creative Commons community.