1. to withdraw the monetary value from (a coin or currency); to cease to use as legal tender
Usage: economics; finance
2. to remove advertising revenue or monetization features from (online content or platforms)
Usage: digital media; modern usage

Examples

• The government demonetizes old currency notes to combat counterfeiting.
• YouTube demonetizes videos that violate community guidelines.
• The central bank demonetizes coins that are no longer in circulation.
• The platform demonetizes channels with inappropriate content.
• When a country demonetizes its currency, citizens must exchange old bills for new ones.
• Social media companies often demonetize accounts that spread misinformation.
• The decision to demonetize large denomination bills caused economic disruption.