dollarization

noun

dol·​lar·​i·​za·​tion ˌdä-lə-rə-ˈzā-shən How to pronounce dollarization (audio)
: the adoption of the U.S. dollar as a country's official national currency
dollarize verb

Examples of dollarization in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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 Menem again called me in for advice and requested a draft dollarization law. Francisco Zalles, National Review, 11 Jan. 2024 Such steps are likely, lest the destruction of the ruble’s reputation leads to dollarization of savings of both business and households, and further capital outflows. Alexandra Prokopenko, Foreign Affairs, 8 Jan. 2024 See all Example Sentences for dollarization 

Word History

First Known Use

1982, in the meaning defined above

Time Traveler
The first known use of dollarization was in 1982

Dictionary Entries Near dollarization

Cite this Entry

“Dollarization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollarization. Accessed 22 Jan. 2025.

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