demonetizations

Declaring money worthless

Demonetizations is the plural of demonetization, the act of stripping currency of its official status as legal tender.

Governments demonetize currency to combat counterfeiting, curb black markets, or force economic modernization: India's 2016 demonetizations of large bills caused widespread disruption.

The term also applies to digital platforms removing a creator's ability to earn revenue: YouTube's demonetizations targeted controversial content.

illicit

tax evasion

Illegally avoiding government dues

underground economyUnreported commercial activity
counterfeitingMaking fake money
corruptionDishonest abuse of power

shadow economy · cash hoarding · undeclared income · smuggling · shell companies · offshore accounts · tax havens · slush funds · illicit funds · kickbacks

economic

inflation

Sustained price level increase

deflationSustained decrease in prices
liquidity crisisInability to access funds
purchasing powerEconomic spending ability

devaluation · recession · economic slowdown · market volatility · currency reform · digital payments · denomination · legal tender · central bank · exchange rate

Opposites

monetary status

demonetizationsmonetizations

Processes of generating revenue

legalizations · authorizations · validations · revaluations · enactments

currency value direction

demonetizationsrevaluations

Fresh determinations of worth

appreciations · stabilizations · inflations

economic value recognition

demonetizationsmonetizations

Processes of generating revenue

valuations · validations · capitalizations · commodifications

Family

demonetization

Familiarity: Top 1,000,000
Profile: Used worldwide · Timeless · Abstract · Negative · Rated G