demonetize

(redirected from demonetised)
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  • verb

Synonyms for demonetize

deprive of value for payment

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References in periodicals archive ?
The gold standard arose out of bimetallism in the 1870s, after silver had been effectively demonetised in major countries and no country was willing or able to maintain the bimetallic ratio.
As the ravages of inflation continued, in 1983 a [pounds]1 coin was introduced and in 1984 the 1/2p was demonetised.
It happened with the last coin we demonetised, the old large-size 10p in 1993.
Many remember the activities of the Rawlings Government in 1982, when it demonetised the 50 cedi note and froze bank deposits in excess of 50,000 cedis.