Noun: dollarization ,dó-lu-ru'zey-shun [N. Amer], ,dó-lu-rI'zey-shun [Brit]
- The process of a country adopting the US dollar as its primary currency or aligning its currency with the US dollar
"Some countries consider dollarization as a way to stabilize their economy";
- dollarisation [Brit]
Derived forms: dollarizations
Encyclopedia: Dollarization