Demonetise vs. Demonetize

Demonetiseverb

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

Demonetizeverb

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

Demonetiseverb

deprive of value for payment;

‘demonetize a coin’;

Demonetizeverb

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

Demonetizeverb

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

‘The site has the ability to demonetize a video.’;

Demonetizeverb

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

‘They [gold mohurs] have been completely demonetized by the [East India] Company.’;

Demonetizeverb

deprive of value for payment;

‘demonetize a coin’;

Demonetizeverb

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

‘coins minted with the name and portrait of Emperor Caligula were demonetized after his death’;