demonetises
Strips monetary value
Demonetises is the British spelling of demonetizes, meaning to strip something of its monetary value or status as legal tender.
Governments demonetise currency when withdrawing certain denominations from circulation.
The term extends to digital platforms removing a creator's ability to earn revenue: YouTube demonetises videos that violate community guidelines.
Paper currency notes
- cashReady spending funds
- legal tenderOfficially recognized payment medium
- withdrawalAct of taking away
- invalidationAct of nullifying
rupee · denomination · circulation · exchange · coins · recall · nullification · central bank
Authority over a state
- decreeAuthoritative legal command
- announcementPublic declaration of information
- overnightSpanning evening to morning
- mandateFormal authoritative directive
legislation · regulation · enforcement · compliance · deadline · notification · gazette · ordinance
Sustained price level increase
- corruptionDishonest abuse of power
- tax evasionIllegally avoiding government dues
- hoardingExcessive accumulation of goods
- shadow economyUnrecorded commercial activity
cash shortage · GDP · liquidity · recession · disruption · counterfeit · unaccounted · wealth
banknotes
Paper currency notes
- cashReady spending funds
- legal tenderOfficially recognized payment medium
- withdrawalAct of taking away
invalidation · rupee · denomination · circulation · exchange · coins · recall · nullification · central bank · reserve bank
government
Authority over a state
- decreeAuthoritative legal command
- announcementPublic declaration of information
- overnightSpanning evening to morning
mandate · legislation · regulation · enforcement · compliance · deadline · notification · gazette · ordinance · reform
inflation
Sustained price level increase
- corruptionDishonest abuse of power
- tax evasionIllegally avoiding government dues
- hoardingExcessive accumulation of goods
shadow economy · cash shortage · GDP · liquidity · recession · disruption · counterfeit · unaccounted · wealth · assets
queues
Orderly waiting arrangements
hardship · rural · poor · elderly · small business · vendors · cashless · inconvenience · struggle · death
demonetisesmonetises
Extracts profit from
mints · issues · legalises · authorises · coins
demonetisesmonetises
Extracts profit from
capitalises · commercialises · commodifies · legitimises · appreciates