demonetisation

[US]/ˌdiːˌmɒnɪtaɪˈzeɪʃən/
[UK]/ˌdiːˌmɒnɪˈteɪʃən/
Frequency: Very High

Translation

n.the act of removing a currency's status as legal tender
Word Forms

Phrases & Collocations

demonetisation impact

demonetisation policy

demonetisation effects

demonetisation process

demonetisation crisis

demonetisation debate

demonetisation measures

demonetisation timeline

demonetisation reasons

demonetisation challenges

Example Sentences

the government's decision on demonetisation shocked many citizens.

demonetisation aimed to curb black money in the economy.

many businesses struggled after the sudden demonetisation policy.

critics argue that demonetisation was poorly planned.

supporters of demonetisation believe it will lead to a cleaner economy.

the effects of demonetisation can still be felt today.

demonetisation was introduced as a measure against corruption.

many people faced hardships during the demonetisation process.

experts analyzed the long-term impacts of demonetisation.

demonetisation led to a surge in digital payment methods.

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now