What is another word for demonetise?
Pronunciation: [dˈɛmənɪtˌa͡ɪz] (IPA) 
"Demonetise" is a term used to describe the process of ceasing the legal status of currency or coins. The word has its roots in economics and is often used to describe government initiatives aimed at preventing illegal or fraudulent activities. Synonyms for "demonetise" include "devalue," "decommission," "invalidate," "deregulate," "abolish," "discontinue," and "end." Each of these words implies a similar action of stripping a monetary unit of its official status, with regards to government policy. Understanding these nuances of language is crucial for communicating effectively and precisely in professional or academic settings.
