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demonetisation
 

Definitions from WordNet

Noun demonetisation has 1 sense
  1. demonetization, demonetisation - ending something (e.g. gold or silver) as no longer the legal tender of a country
    --1 is a kind of termination, ending, conclusion
    Derived form: verb demonetise1

Definitions from the Web

Demonetisation

Part of Speech: Noun Definition:

The act of officially withdrawing the legal tender status of a particular currency, usually in an attempt to curb black market activities, combat corruption, or stabilize the economy.

Example Sentences:
  1. The government's demonetisation policy aimed to prevent the circulation of counterfeit currency.
  2. Demonetisation can cause temporary liquidity issues for businesses and individuals relying heavily on cash transactions.
  3. The sudden demonetisation of high-value banknotes surprised the nation and led to long queues at banks and ATMs.
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Analyzing Demonetisation

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