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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

/ ˌdɒləraɪˈzeɪʃən /

noun

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

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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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