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词汇 demonetize
释义 demonetize
verb[ T ]
(UKalso demonetise)uk /ˌdiːˈmɒnətaɪz/us
ECONOMICS, FINANCE
to officially stop using particular notes or coins, or a particular currency:
In 2002 the currencies of twelve European countries were demonetized and replaced with the Euro.

demonetization


noun[ U ](UKalso demonetisation)
This is a reminder about the imminent demonetization of the RM1000 currency notes.

Examples of demonetize


demonetize
During this period, rice prices were unstable due to heavy fluctuation of currency values, and other local prices fluctuated as well, so it was best to demonetize inputs and outputs.
By such means we can avoid the many obvious difficulties and disadvantages of proposing that the old money, gold, should be demonetized.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
As such, legislation was passed in the individual territories to demonetize the silver dollars.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
And in 1876, legislation was passed to demonetize the silver dollars for fear of them returning.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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