Outrageously Funny Word Dictionary :: Demonetize

👉 Demonetization is a process by which the official currency of a country or region is removed from circulation, often in order to reduce the money supply and curb inflation. This can occur through various means such as changing the face value of coins or issuing new bills with higher denominations, but it can also involve changes in the monetary policy of the government or other measures to control the economy. For example, in 2017, China's central bank implemented a series of measures to reduce

demonetizes

👉 Demonetization is a process where currency notes and coins are removed from circulation, often to curb the proliferation of counterfeit money. This can be achieved through various means such as replacing them with new ones or issuing new denominations that reflect the country's current monetary policy. In some countries, this move is also known as demonetization or currency devaluation. It aims to reduce the use and circulation of old, untraceable currency, which has been a significant problem in many countries around the

demonetized

👉 Demonetization is a process where the value of currency is reduced or eliminated from circulation to reduce the amount of money in circulation. This can be done through various means such as issuing new notes, changing the denomination of existing notes, and increasing taxes on certain goods and services. The goal of demonetization is to reduce the overall purchasing power of the currency and make it more accessible for individuals who do not have sufficient financial resources to pay for their purchases.

demonetize

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Slang Word: Demonic Denomination

Demonic denomination is a term that refers to any act of fraud where the recipient of the denominated goods gets something they're not entitled to. It's akin to a person who takes money from someone else and then says, "Hey! I'm getting your stuff back!" But instead of paying back what was stolen, they give it back as if they were repaying a debt. Example Sentence: "Can you believe the demonizing? They're taking my $20 off for buying this ridiculous doll. I won't be able to get it back until they start collecting their share! #SnarkOnTheStreet"