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Definitions from WordNet

Definitions from the Web

Demonetize

Definition:

(verb) To remove or withdraw the monetary value or status from something, typically a currency, asset, or form of payment.

Sample Sentences:

1. Jane decided to demonetize her cryptocurrency holdings due to the significant drop in its market value.
2. The government's decision to demonetize the old currency notes led to chaos and long queues outside the banks.
3. As a result of the economic crisis, the country had to demonetize some of its banknotes to stabilize the economy.
4. The company decided to demonetize their loyalty points and introduce a new reward system.
5. The music industry has been struggling to adapt and find ways to prevent piracy and demonetize unauthorized content.

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