remonetize

Upper-Intermediate (B2)

IPA: /rɪˈmɒnɪtaɪz/

KK: /rɪˈmɒnɪtaɪz/

transitive verb

Definition

To make something legal tender again, allowing it to be used as currency.

Example

The government decided to remonetize silver to boost the economy.

Tense Forms

Past: remonetized

Past Participle: remonetized

Conversation

Have you heard they plan to remonetize silver soon?

Really? That sounds interesting, but what does it mean exactly?

It means they want to bring silver back as a form of currency.

Wow, I didn't know that was possible! It could change a lot.

Synonyms & Antonyms

Synonyms

revalue

reinstate

restore

Antonyms

devalue

demonetize

discontinue

Root Explanation

Remonetize → It is formed from "re-" (meaning again) and "monetize" (from Latin "moneta", meaning money). The word means to make something into money again or to restore its monetary value.

Memory Tip

Think of 'again' ('re-') and 'money' ('moneta') to remember that 'remonetize' means to make something into money again.

Visually Confused Words