demonetization

[US]/diːˌmɒnɪtaɪˈzeɪʃən/
[UK]/diːˌmɒnɪtaɪˈzeɪʃən/
Frequency: Very High

Translation

n.the act of abolishing the use of currency; the process of making a currency no longer in use

Phrases & Collocations

demonetization impact

demonetization policy

demonetization process

demonetization effects

demonetization measures

demonetization debate

demonetization strategy

demonetization challenges

demonetization timeline

Example Sentences

the government announced a sudden demonetization of high-value currency notes.

demonetization can lead to short-term economic instability.

many people faced hardships due to the demonetization policy.

the demonetization initiative aimed to curb black money.

experts debated the effectiveness of the demonetization strategy.

demonetization can impact small businesses significantly.

public sentiment was mixed regarding the demonetization effort.

after demonetization, many people turned to digital payments.

the demonetization process was implemented overnight.

understanding the implications of demonetization is crucial for economists.

Popular Words

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