remonetise

/ˌrɛməˈnɛtsaɪz, ˌriː-/

Definitions

1. verb

to convert or turn something back into a monetary form, especially money or a financial system.

“The government is remonetising the old currency to help with the economic recovery.”

2. verb (transitive)

to restore the value or purchasing power of a currency.

“The central bank remonetised the national currency after a period of hyperinflation.”

3. verb (intransitive)

to resume the use of money or a financial system.

“The country will remonetise its economy after the crisis is resolved.”

Synonyms

  • remonetarise
  • remonitize

Antonyms

  • demonetise
  • devalue