释义 |
Definition of demonetize in English: demonetize(British demonetise) verb diːˈmʌnɪtʌɪzdiˈmɑnəˌtaɪz [with object]Deprive (a coin or precious metal) of its status as money. coins minted with the name and portrait of Emperor Caligula were demonetized after his death Example sentencesExamples - By 1908, however, silver had effectively been demonetized in Europe, and, although a number of countries could not offer full convertibility, in practice exchange rates were fixed in gold terms.
- In the United States, the Coinage Act of 1873 officially demonetized silver, legally confirming a gold-based currency that - because of silver's relatively high price - was already the de facto standard.
- It is not up to the governments to monetize or demonetize a commodity.
- They have, at least temporarily, demonetized Federal Reserve Notes,, by substituting chips.
- If gold was really to be demonetized, then the enormous stocks relative to flows would have to be dissipated first through consumption.
- There's talk of demonetizing the penny altogether.
- But by 4 February 1797, when the mandates were officially demonetized, the revolutionary experiment with paper money was at an end.
Origin Mid 19th century: from French démonétiser, from dé- (expressing reversal) + Latin moneta 'money'. Definition of demonetize in US English: demonetize(British demonetise) verbdiˈmɑnəˌtaɪzdēˈmänəˌtīz [with object]usually be demonetizedDeprive (a coin, note, or precious metal) of its status as money. coins minted with the name and portrait of Emperor Caligula were demonetized after his death Example sentencesExamples - It is not up to the governments to monetize or demonetize a commodity.
- They have, at least temporarily, demonetized Federal Reserve Notes,, by substituting chips.
- There's talk of demonetizing the penny altogether.
- If gold was really to be demonetized, then the enormous stocks relative to flows would have to be dissipated first through consumption.
- But by 4 February 1797, when the mandates were officially demonetized, the revolutionary experiment with paper money was at an end.
- By 1908, however, silver had effectively been demonetized in Europe, and, although a number of countries could not offer full convertibility, in practice exchange rates were fixed in gold terms.
- In the United States, the Coinage Act of 1873 officially demonetized silver, legally confirming a gold-based currency that - because of silver's relatively high price - was already the de facto standard.
Origin Mid 19th century: from French démonétiser, from dé- (expressing reversal) + Latin moneta ‘money’. |