Demonetize for Dummies
verb
pronunciation: di'mɑnɪ,taɪzWhat does Demonetize really mean?
Hey there! So, "demonetize" can sound like a big, complicated word, but don't worry, I'm here to break it down for you! When something is "demonetized," it means that it is no longer allowed to be used as money or currency. Imagine if you had a bunch of coins and bills in your hand, and then suddenly, someone tells you that those coins and bills are no longer worth anything – that would be like those coins and bills being demonetized.
But, "demonetize" can also have another meaning, especially when we talk about videos or online content. Have you ever watched a video on the internet and noticed that there are no ads playing before or during the video? That's because the video has been "demonetized," which means the creator isn't able to make money from the ads that would normally play with their video. It's kind of like if you had a lemonade stand and suddenly, people weren't allowed to pay you for the lemonade – you wouldn't be able to make any money from it.
So, "demonetize" is basically the word we use when something is no longer allowed to be used as money or when something isn't able to make money for its creator. I hope that helps you understand what "demonetize" means! If you have any more questions, feel free to ask.
But, "demonetize" can also have another meaning, especially when we talk about videos or online content. Have you ever watched a video on the internet and noticed that there are no ads playing before or during the video? That's because the video has been "demonetized," which means the creator isn't able to make money from the ads that would normally play with their video. It's kind of like if you had a lemonade stand and suddenly, people weren't allowed to pay you for the lemonade – you wouldn't be able to make any money from it.
So, "demonetize" is basically the word we use when something is no longer allowed to be used as money or when something isn't able to make money for its creator. I hope that helps you understand what "demonetize" means! If you have any more questions, feel free to ask.
Revised and Fact checked by Sophia Wilson on 2023-11-09 18:31:09
Demonetize In a sentece
Learn how to use Demonetize inside a sentece
- The government decided to demonetize the old currency, rendering it no longer valid for transactions.
- The company plans to demonetize the video game, offering it for free instead of charging for it.
- In order to discourage smoking, the government may demonetize tobacco products by making them more expensive through taxes.
- The museum decided to demonetize admission fees, allowing people to visit for free.
- The streaming service announced they would demonetize advertisements for their premium members, providing an ad-free experience.
Demonetize Synonyms
Words that can be interchanged for the original word in the same context.
Demonetize Hypernyms
Words that are more generic than the original word.