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dollarization

[ dol-er-uh-zey-shuhn ]

noun

  1. the conversion of a country's currency system into U.S. dollars.

dollarization

/ ˌɒəɪˈɪʃə /

noun

  1. the process of converting a country's currency to US dollars
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of dollarization1

First recorded in 1985–90

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dollar gapdollars-and-cents

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