demonetise Definition
- 1to stop using a particular form of currency as legal tender
- 2to withdraw the status of a legal tender from a currency
Using demonetise: Examples
Take a moment to familiarize yourself with how "demonetise" can be used in various situations through the following examples!
Example
The government decided to demonetise all 500 and 1000 rupee notes.
Example
The central bank announced that it would demonetise the old series of banknotes.
Example
The country's currency was demonetised due to hyperinflation.
demonetise Synonyms and Antonyms
Synonyms for demonetise
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Summary: demonetise in Brief
The verb 'demonetise' [dee-mon-i-tahyz] means to stop using a particular form of currency as legal tender or to withdraw the status of a legal tender from a currency. It is often used in the context of government policies or central bank decisions, as in 'The government decided to demonetise all 500 and 1000 rupee notes.'
