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- DEMONETIZE Definition Meaning - Merriam-Webster
The meaning of DEMONETIZE is to stop using (a metal) as a monetary standard How to use demonetize in a sentence
- Demonetization: Definition Historical vs. Current Examples . . .
That’s right: Governments can use a process called demonetization to render bills or coins worthless They may choose demonetization as a tool to fight inflation, counterfeiting, tax evasion, and money laundering, as well as to streamline trade among nations
- Understanding Demonetization: Process, Examples, and Economic Impact
Demonetization involves removing the legal status of a currency, impacting all economic transactions It aims to stabilize the currency, curb inflation, or modernize economies Historical events
- DEMONETIZE Definition Meaning | Dictionary. com
to divest (a monetary standard or the like) of value to withdraw (money or the like) from use to deprive (an issue of postage stamps) of validity by legal methods and without marking the stamps themselves From the French word démonétiser, dating back to 1850–55 See de-, monetize
- Legal tender - Wikipedia
Demonetization is the act of stripping a currency unit of its status as legal tender It occurs whenever there is a change of national currency: the current form or forms of money is or are pulled from circulation and retired, often to be replaced with new notes or coins Sometimes, a country completely replaces the old currency with new currency The opposite of demonetization is
- DEMONETIZE | English meaning - Cambridge Dictionary
DEMONETIZE definition: to officially stop using particular notes or coins, or a particular currency: Learn more
- demonetize - Wiktionary, the free dictionary
demonetize (third-person singular simple present demonetizes, present participle demonetizing, simple past and past participle demonetized) (transitive) To withdraw the status of legal tender from a coin (etc ) and remove it from circulation quotations
- DEMONETIZE definition and meaning | Collins English Dictionary
2 meanings: 1 to deprive (a metal) of its capacity as a monetary standard 2 to withdraw from use as currency Click for more definitions
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