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Definition of "demonetization" []

  • The act or process of demonetizing (noun)

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Use "demonetization" in a sentence
  • "And now under existing law we are purchasing 54,000,000 ounces of silver a year; so that what she calls the demonetization of silver has resulted in its use in our country to an extent more than fiftyfold greater than before its demonetization."
  • "If our demonetization were the only cause for the decline in the value of silver, then remonetization would be its proper and effectual cure."
  • "= -- Absorbed in the greenback controversy, the people apparently did not appreciate, at the time, the significance of the "demonetization" of silver; but within a few years several events united in making it the center of a political storm."