v.
Pronunciation: ( ˌ )d ē - ' mä-n ə - ˌ t ī z, - ' m ə -
Function: transitive verb
Etymology: French démonétiser, from dé- de- + Latin moneta coin ― more at MINT
Date: 1852
1 : to stop using (a metal) as a monetary standard
2 : to deprive of value for official payment
– de · mon · e · ti · za · tion \ ( ˌ )d ē - ˌ mä-n ə -t ə - ' z ā -sh ə n, - ˌ m ə - \ noun