Demonetize

Pronunciation: /diˈmɑnəˌtaɪz/

Definitions of demonetize

verb to remove the monetary value from something, typically currency

Example Sentences

A1 The government decided to demonetize the old currency.

A2 In some countries, the government may demonetize certain denominations of coins.

B1 The central bank's decision to demonetize large bills caused chaos in the economy.

B2 The decision to demonetize certain banknotes was met with mixed reactions from the public.

C1 The plan to demonetize high-value currency notes was implemented to curb black market activities.

C2 The government's move to demonetize certain denominations of currency was seen as a bold step towards fighting corruption.

Examples of demonetize in a Sentence

formal The government decided to demonetize certain currency notes to curb black money.

informal YouTube demonetized my video because it had copyrighted music in it.

slang I heard they demonetized his channel for violating community guidelines.

figurative She felt like her emotions were demonetized, unable to express herself freely.

Grammatical Forms of demonetize

• past tense: demonetized
• plural: demonetizes
• comparative: more demonetized
• superlative: most demonetized
• present tense: demonetize
• future tense: will demonetize
• perfect tense: has demonetized
• continuous tense: is demonetizing
• singular: demonetize
• positive degree: demonetized
• infinitive: to demonetize
• gerund: demonetizing
• participle: demonetized

Origin and Evolution of demonetize

First Known Use: 1875 year

Language of Origin: English

Story behind the word: The word 'demonetize' originated from the combination of the prefix 'de-' meaning 'remove' and the word 'monetize' meaning 'to establish as legal tender'.

Evolution of the word: Originally used in the context of removing the status of legal tender from currency, the term 'demonetize' has evolved to encompass a broader range of meanings such as rendering something obsolete or devaluing assets.