1. to restore (a metal, especially gold or silver) to use as legal tender or currency
Usage: economics; third person singular present

Examples

• The government remonetizes silver after years of using only paper currency.
• The central bank remonetizes gold to stabilize the economy.
• The country remonetizes precious metals during the financial crisis.
• The new policy remonetizes copper coins for small transactions.
• The treasury remonetizes silver dollars as legal tender.
• The administration remonetizes gold to back the national currency.