redenomination
redenomination · redenominations
The process of redenominatingThe process of redenominating.
Meaning
2 senses(countable, uncountable)The process of redenominating.
(countable, uncountable)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.
After the redenomination, the new peso was worth 100 old pesos.
Origin
From re- + denomination.From re- + denomination.
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Forms
plural: redenominations| Singular | redenomination |
|---|---|
| Plural | redenominations |
regular
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable