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What is another word for demonetisation?

Pronunciation: [dˌɛmənɪta͡ɪzˈe͡ɪʃən] (IPA)

Demonetisation refers to the process of stripping a currency unit of its legal tender status. However, there are a few synonyms that can be used to refer to the same concept: derecognition, discrediting, and devaluing. Derecognition refers to the cancellation of legal recognition and acceptance of a currency unit. Discrediting refers to damaging the trust or reliability of a currency unit. Devaluing refers to reducing the value or purchasing power of a currency unit. These synonyms may not be as commonly used as demonetisation, but they convey similar meanings, allowing for a seamless transition of ideas and concepts while writing or speaking.
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Synonyms for Demonetisation:

What are the hypernyms for Demonetisation?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    monetary policy, financial transactions, financial reform, currency reform.

What are the hyponyms for Demonetisation?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for demonetisation?

The antonyms for the word "demonetisation" are the words "monetisation" and "remonetisation". Monetisation refers to the process of introducing a new currency into circulation, while remonetisation refers to the restoration of a previous currency. Both these processes involve making the currency legal tender and replacing the existing one. Unlike demonetisation, which involves withdrawing the existing currency from circulation, both monetisation and remonetisation aim to increase the circulation of currency and promote economic growth. These processes are commonly used by governments and central banks to stabilize the economy and reduce inflation.

What are the antonyms for Demonetisation?

Usage examples for Demonetisation

The law was only enacted for a year, and in the following May 1876 an attempt was made to pass a bill for the introduction of an exclusive gold standard, and for the demonetisation of silver.
"The History of Currency, 1252 to 1896"
William Arthur Shaw

Related words: demonetization, India demonetization, demonetization in India, demonetization news, demonetization in India news, demonetization in Bangladesh, demonetization in Pakistan, demonetization currency

Related questions:

  • What is demonetisation?
  • What is demonetization in india?
  • What is demonetization in bangladesh?

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