dollarization

[ dol-er-uh-zey-shuhn ]

noun

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

dollarization

/ ˌdɒləraɪˈzeɪʃən /

noun

1. the process of converting a country's currency to US dollars

Word History and Origins

Origin of dollarization¹

First recorded in 1985–90

Example Sentences

And he appears to have shelved the dollarization plan, perhaps out of necessity.

From Seattle Times

But after winning, he tapped Luis Caputo, a former Central Bank president, to be his economy minister and one of Caputo’s allies to helm the bank, appearing to have put his much-touted plans for dollarization on hold.

From Washington Times

But after winning, he tapped Luis Caputo, a former Central Bank president, to be his economy minister and one of Caputo’s allies to helm the bank, appearing to have put his much-touted plans for dollarization on hold.

From Washington Times

But after winning, he tapped Luis Caputo, a former Central Bank president, to be his economy minister and one of Caputo’s allies to helm the bank, appearing to have put his much-touted plans for dollarization on hold.

From Seattle Times

We certainly noted the existence of nature and its exploitation for profit, but reading that passage more than 50 years later what jumps out at me isn’t the dollarization of everything or how Donald instantly turns a fish into merchandise but another burning ecological question: Why is that fish in that bucket and not the sea?

From Salon