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 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
This is the conventional wisdom about dollarization.
—Matt Sekerke, National Review, 29 Nov. 2023
See all Example Sentences for dollarization 
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
This is the conventional wisdom about dollarization.
—Matt Sekerke, National Review, 29 Nov. 2023
See all Example Sentences for dollarization
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'dollarization.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near dollarization
Cite this Entry
“Dollarization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollarization. Accessed 2 Jul. 2024.
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