de
mo
ne
tize
Third Person
demonetizes
Present Participle
demonetizing
Past Tense
demonetized
Past Participle
demonetized
1
to cease to use something as a legal currency or declare it invalid for transactions
- The company decided to demonetize its old gift cards to introduce a new, updated system.
- Some countries have chosen to demonetize certain coins due to their high production costs.
- The bank's policy to demonetize outdated checks required customers to issue new ones.
- Digital payment systems aim to gradually demonetize cash transactions for convenience and security.