Meanings
plural redenominations
- countableuncountableThe process of redenominating.
- countableuncountablebusinessThe 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
Cite this entry
redenomination. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/redenomination
“redenomination.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/redenomination. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “redenomination,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/redenomination.
Source: redenomination on Wiktionary, CC BY-SA 4.0.