Dictionary

demonetize en · VERB

Pronunciation

• (US) audio
• /diˈmɑnɪtaɪz/ (General-American)
• /diːˈmʊnətaɪz/ (Ireland, Northern-England, UK)
• /diˈmɑnətaɪz/ (General-American)
• /diːˈmʌnətaɪz/ (UK)

Etymology

Etymology tree Proto-Indo-European *de Proto-Indo-European *-h₁ Proto-Indo-European *déh₁ Proto-Italic *dē Latin dē Latin dē-der. English de- English monetize English demonetize From de- + monetize.

Meanings

1. (transitive) To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.
   • A bill to demonetize existing French gold coinage has been introduced in the Chamber of Deputies by Deputies Lenoir, Bouffandeau, and Eymond. The purpose is to force hoarders to bring out gold estimated at 4,000,000,000 francs which is still kept in hiding in spite of patriotic appeals to the owners to exchange it for notes. 1917 March 17, “Bill to Demonetize Gold”, in The New York Times, →ISSN:
2. (transitive) To declare ineligible or worthless as a medium of exchange or as legal tender.
   • 1943 Post Office Department, U.S., A Description of United States Postage Stamps Issued by the Post Office Department from July 1, 1847, to April 1, 1945 [sic]. Washington: United States Government Printing Office; p4: Stamps of 1847 and 1851 Demonetized These stamps are obsolete and worthless for postage. A reasonable time after hostilities began in 1861 was given for the exchange of stamps in the hands of the public and for the replacement of post office stocks. Their acceptance in the prepayment of postage was ordered discontinued in the several States and Territories, […]
3. (Internet, transitive) To demote (published content, or its creator) so that it is no longer eligible to earn money for its publisher.
   • The site has the ability to demonetize a video.
   • Other high-profile YouTube stars including Logan Paul, Shane Dawson and David Dobrik have had their channels demonetized after controversies in the media. Many demonetized creators still run highly profitable businesses. 2021 April 21, Taylor Lorenz, Valeriya Safronova, “Why James Charles Has Been Demonetized by YouTube”, in The New York Times, →ISSN:

Forms

Relateds

money · demonetization · monetary

Translations (17)

pl wycofywać z obiegu (internet: to demote so that it is no longer eligible to earn money) · ca desmonetitzar (internet: to demote so that it is no longer eligible to earn money) · gl desmonetizar (internet: to demote so that it is no longer eligible to earn money) · ru демонетизировать (internet: to demote so that it is no longer eligible to earn money) · pl wycofać z obiegu (internet: to demote so that it is no longer eligible to earn money) · fi poistaa rahallinen arvo (to withdraw status of legal tender from) · fi demonetisoida (to withdraw status of legal tender from) · de demonetarisieren (internet: to demote so that it is no longer eligible to earn money) · io desmonetigar (to withdraw status of legal tender from) · de entmonetarisieren (internet: to demote so that it is no longer eligible to earn money) · es desmonetizar (internet: to demote so that it is no longer eligible to earn money) · fi poistaa liikkeestä (to withdraw status of legal tender from) · fi poistaa kaupallistaminen käytöstä (internet: to demote so that it is no longer eligible to earn money) · pt desmonetizar (internet: to demote so that it is no longer eligible to earn money) · fr démonétiser (internet: to demote so that it is no longer eligible to earn money) · it demonetizzare (internet: to demote so that it is no longer eligible to earn money) · fi julistaa arvottomaksi (to declare ineligible or worthless as a medium of exchange or as legal tender)