Monetize vs Demonetize - What's the difference?
monetize | demonetize |
To convert something (especially a security) into currency
To mint money
To establish a currency as legal tender
To make a business activity profit-generating, particularly in computer and internet-related activities.
To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.
To declare ineligible or worthless as a medium of exchange or as legal tender.
*These stamps are obsolete and worthless for postage. A reasonable time after hostilities began in 1861 was given for the exchange of stamps in the hands of the public and for the replacement of post office stocks. Their acceptance in the prepayment of postage was ordered discontinued in the several States and Territories, [...].
As verbs the difference between monetize and demonetize
is that monetize is to convert something (especially a security) into currency while demonetize is to withdraw the status of legal tender from a coin (etc.) and remove it from circulation.monetize
English
Alternative forms
*monetiseVerb
(monetiz)See also
* commercializeAnagrams
*demonetize
English
Alternative forms
*demonetise (UK )Verb
(demonetiz)- 1943 Post Office Department, U.S.', ''A Description of United States Postage Stamps Issued by the Post Office Department from July 1, 1847, to April 1, 1945 [sic]''. Washington: United States Government Printing Office; p4: ''Stamps of 1847 and 1851 ' Demonetized /