demonetization of gold

  • 1demonetization — de*mon e*ti*za tion, n. The act of demonetizing, or the condition of being demonetized; specificially, the declaration by a government that something (e.g. gold or silver) is no longer the legal tender of a country; as, the demonetization of gold …

    The Collaborative International Dictionary of English

  • 2Demonetization —    (1964, 1985, 1987)    An order of the government that revokes the legal tender status of currency notes, rendering them worthless. Burma under General Ne Win experienced three demonetizations: in May 1964, November 1985, and September 1987.… …

    Historical Dictionary of Burma (Myanmar)

  • 3demonetization — /diymonatazeyshan/ The disuse of a particular metal for purposes of coinage. The withdrawal of the value of a metal as money. For example, in the United States gold has been demonetized …

    Black's law dictionary

  • 4demonetization — /diymonatazeyshan/ The disuse of a particular metal for purposes of coinage. The withdrawal of the value of a metal as money. For example, in the United States gold has been demonetized …

    Black's law dictionary

  • 5demonetization — noun ending something (e.g. gold or silver) as no longer the legal tender of a country • Syn: ↑demonetisation • Ant: ↑monetization • Derivationally related forms: ↑demonetise (for: ↑ …

    Useful english dictionary

  • 6Monetary hegemony — is an economic and political phenomenon in which a single state has decisive influence over the functions of the international monetary system. The functions influenced by a monetary hegemon are: accessibility to international credits, foreign… …

    Wikipedia

  • 7Counterpart items — In the balance of payments, counterpart items are analogous to unrequited transfers in the current account. They arise because the double entry system in balance of payments accounting and refer to adjustments in reserves owing to monetization or …

    Financial and business terms

  • 8counterpart items — In the balance of payments, counterpart items are analogous to unrequited transfers ( official unrequited transfers, private unrequited transfers) in the current account. They arise through the double entry system in balance of payments… …

    Financial and business terms

  • 9FRIEDMAN, MILTON — (1912– ), U.S. economist. Friedman, who was born in Rahway, New Jersey, received his B.A. from Rutgers University in 1932, his M.A. from the University of Chicago in 1933, and his Ph.D. from Columbia University in 1946. He began working for the U …

    Encyclopedia of Judaism

  • 10Panic of 1873 — A bank run on the Fourth National Bank, No. 20 Nassau Street, New York City, 1873. From Frank Leslie s Illustrated Newspaper, October 4, 1873. The Panic of 1873 triggered a severe international economic depression in both Europe and the United… …

    Wikipedia