demonetize
Cut off earnings
Demonetize means to remove monetary value or status from something.
A government demonetizes currency by declaring it no longer legal tender.
More recently, the word describes platforms like YouTube withdrawing advertising revenue from content: The video was demonetized for violating community guidelines.
The threat of demonetization shapes what creators produce.
Act of taking away
- discontinueTo stop doing
- invalidateMake null or void
- cessationA full stopping
- legal tenderOfficially recognized payment medium
banknotes · coinage · cash · circulation · redemption · old notes · denomination · scrip
Lose value over time
- diminishTo make smaller
- reduceMake smaller in degree
- cheapenDiminish in worth
- downgradeReduce in status
debase · erode · weaken · deflate · worthless · void · nullify · invalidate
Official restriction on something
- prohibitionAuthoritative legal ban
- legislationOfficial enactment of statutes
- regulationOfficial rules governing conduct
- decreeAuthoritative legal command
mandate · central bank · reserve bank · enforcement · compliance · deadline · announcement · crackdown
Sustained price level increase
- recessionProlonged economic decline
- shortageDeficient supply of necessities
- disruptionForceful interruption of process
- liquidity crisisInability to access funds
queues · hoarding · panic · slowdown · GDP · small business · recovery · adjustment
Not using physical money
- digital paymentsTransactions made electronically
- mobile bankingWireless account management service
- e-walletElectronic payment storage system
- UPIIndian instant payment system
fintech · electronic transfer · online banking · contactless · QR code · bank account · digitization · modernization
withdrawal
Act of taking away
- discontinueTo stop doing
- invalidateMake null or void
- cessationA full stopping
legal tender · banknotes · coinage · cash · circulation · redemption · old notes · denomination · scrip · specie
depreciate
Lose value over time
downgrade · debase · erode · weaken · deflate · worthless · void · nullify · invalidate · obsolete
ban
Official restriction on something
- prohibitionAuthoritative legal ban
- legislationOfficial enactment of statutes
- regulationOfficial rules governing conduct
decree · mandate · central bank · reserve bank · enforcement · compliance · deadline · announcement · crackdown · anti-corruption
inflation
Sustained price level increase
- recessionProlonged economic decline
- shortageDeficient supply of necessities
- disruptionForceful interruption of process
liquidity crisis · queues · hoarding · panic · slowdown · GDP · small business · recovery · adjustment · hardship
cashless
Not using physical money
- digital paymentsTransactions made electronically
- mobile bankingWireless account management service
- e-walletElectronic payment storage system
UPI · fintech · electronic transfer · online banking · contactless · QR code · bank account · digitization · modernization
demonetization, demonetized, demonetizing, demonetizes, demonetise, demonetised, demonetising, demonetises, demonetizations