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The process of redenominating.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
The recalibration of the face value of a currency, most frequently by multiplying that value by a power of 10, sometimes followed by the demonetization of any cash issued with the original face value.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Topics: business, economics, finance, sciences
Examples
- After the redenomination, the new peso was worth 100 old pesos.
Meaning relationships
Synonyms: none provided
Antonyms: none provided