demonetization

de*mon`e*ti*za"tion

(?), n. The act of demonetizing, or the condition of being demonetized; specificially, the declaration by a government that something (e.g. gold or silver) is no longer the legal tender of a country; as, the demonetization of gold.
[1913 Webster + WordNet 1.5]

 

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Sat 15th December 2018