demonetization n 1: ending something (e.g. gold or silver) as no longer the legal tender of a country [syn: {demonetization}, {demonetisation}] [ant: {monetisation}, {monetization}]
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]