demonetize

/diːˈmʊnətaɪz/

verb

  1. 1

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

  2. 2

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

  3. 3

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

    The site has the ability to demonetize a video.

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