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demonetisation
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The answer DEMONETISATION has 0 possible clue(s) in existing crosswords.
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The word DEMONETISATION is VALID in some board games. Check DEMONETISATION in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of demonetisation in various dictionaries:
noun - ending something (e.g. gold or silver) as no longer the legal tender of a country
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Keep reading for additional results and analysis below.
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| same as demonetization. |
| ending something (e.g. gold or silver) as no longer the legal tender of a country |
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Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is tendered. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made other than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency. * Generally, designation of a particular form of money as legal tender means "that the designated money is valid payment for all debts unless there is a specific agreement to the contrary". In som |