1. removing the status of legal tender from a currency or coin
Usage: economics; finance
2. reducing or eliminating the ability to earn money from content on digital platforms
Usage: internet; social media

Examples

• The government is demonetizing old currency notes to combat counterfeiting.
• YouTube is demonetizing videos that violate community guidelines.
• The central bank announced it was demonetizing certain denominations.
• Content creators worry about platforms demonetizing their channels.
• The country began demonetizing silver coins in favor of paper money.
• Social media companies are demonetizing accounts that spread misinformation.