dollarization
noun
dol·lar·i·za·tion
ˌdä-lə-rə-ˈzā-shən 
: the adoption of the U.S. dollar as a country's official national currency
Examples of dollarization in a Sentence
Recent Examples on the Web
Many customers held crypto assets like bitcoin on the FTX platform, but through a process called dollarization common to bankruptcies, their claims have instead been assigned a dollar value based on the price of those assets on the date of the bankruptcy filing.
—
Joel Khalili, WIRED, 7 Oct. 2024
Many customers held crypto assets like bitcoin on the FTX platform, but through a process common to bankruptcy proceedings known as dollarization, their claims have instead been assigned a dollar value based on the price of those assets on the date of the bankruptcy petition.
—Joel Khalili, WIRED, 8 May 2024
Without dollarization, Argentina is destined to remain miserable.
—Steve H. Hanke, National Review, 14 Mar. 2024
Simple as dollarization may sound, its implementation is far from straightforward.
—Whitney Eulich, The Christian Science Monitor, 8 Dec. 2023
See all Example Sentences for dollarization 
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Joel Khalili, WIRED, 7 Oct. 2024
Many customers held crypto assets like bitcoin on the FTX platform, but through a process common to bankruptcy proceedings known as dollarization, their claims have instead been assigned a dollar value based on the price of those assets on the date of the bankruptcy petition.
—Joel Khalili, WIRED, 8 May 2024
Without dollarization, Argentina is destined to remain miserable.
—Steve H. Hanke, National Review, 14 Mar. 2024
Simple as dollarization may sound, its implementation is far from straightforward.
—Whitney Eulich, The Christian Science Monitor, 8 Dec. 2023
See all Example Sentences for dollarization
Dictionary Entries Near dollarization
Cite this Entry
“Dollarization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollarization. Accessed 22 Dec. 2024.
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