Demonetise vs. Demonetize — What's the Difference?

Alternative spelling of demonetize

Deprive (a coin, note, or precious metal) of its status as money

Deprive of value for payment;

To divest (a coin, for example) of monetary value.

To stop using (a metal) as a monetary standard.

To withdraw the status of legal tender from a coin (etc.) and remove it from circulation.

To declare ineligible or worthless as a medium of exchange or as legal tender.

To demote (published content, or its creator) so that it is no longer eligible to earn money for its publisher.

To deprive of current value; to withdraw from use, as money.

Deprive of value for payment;