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What does demonetisation mean?

Looking for the meaning or definition of the word demonetisation? Here's what it means.

Noun
  1. Alternative form of demonetization
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Maduro's move could be the latest in a long run of experiments in demonetisation with arguable levels of success.
Mayawati, a powerful former leader of Uttar Pradesh who Modi's aides view as his biggest electoral threat in the state, said the demonetisation timing appeared highly political.
But the Roman withdrawal from Britain was followed, by about 435, by the demonetisation of society.
Despite the demonetisation of gold, the yellow metal continues to have a special significance for central banks.
And there have been at least three episodes of demonetisation since independence.
The Reserve Bank of Zimbabwe has established June 15th as the date when demonetisation of the Zimbabwe dollar begins, running until September 31st.

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