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Dictionary Meaning and Definition on 'Demonetize'

Demonetize Meaning and Definition from WordNet (r) 2.0
    demonetize v : deprive of value for payment; "demonetize a coin" [syn: demonetise]
Demonetize Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Demonetize \De*mon"e*tize\ (?; see Monetary), v. t. To deprive of current value; to withdraw from use, as money. They [gold mohurs] have been completely demonetized by the [East India] Company. --R. Cobden.
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