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What is a demonetization?

What is a demonetization? Here are some definitions.

Noun
  1. The act or process of demonetizing
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Furthermore, if you apply a too large discount, we'll arrive at a demonetization of the share after the battle.
The motive for the demonetization of silver was precisely the same that had previously inspired the demonetization of gold.
Whether Modi's short-term demonetization succeeds will depend in large part on the initiative's long-term plan.
Although India undertook similar demonetization projects in 1946 and 1978, Modi's program is recently unmatched in scale and speed.
What really placed us alongside such barbarous countries as India was the demonetization of silver.
And so it was that our cotton planters, by the demonetization of silver, were placed alongside the barbarous people of India.

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