verb
- restoring something (especially a metal like gold or silver) to use as legal tender or currency
Usage: economics; finance
Examples
- The country is considering remonetizing silver coins.
- Economists debated the effects of remonetizing gold.
- The government began remonetizing certain precious metals.
- Remonetizing the old currency would require legislative approval.
- Some nations are remonetizing traditional forms of money.
- The central bank studied the feasibility of remonetizing copper.