dollarization Definition and Meaning in English (dollarization definition)

noun
Synonyms:currency substitutionforeign currency adoption
Quick Answer • Definition

Dollarization definition: Dollarization is the process by which a country adopts the U.S. dollar, or another foreign currency, as its national currency, either officially or unofficially.

Definitions of Dollarization

  1. 1noun(formal)

    Dollarization is the process by which a country adopts the U.S. dollar, or another foreign currency, as its national currency, either officially or unofficially.

Example Sentences

business

“Many economists debate the long-term effects of dollarization on a developing economy.”

Synonyms

currency substitutionforeign currency adoption

Antonyms

de-dollarization

Inflected Word Forms

infinitivedollarize
past participledollarized
present participledollarizing

Frequently Asked Questions: Dollarization in English

What is the meaning of Dollarization in English?▼
Dollarization definition: Dollarization is the process by which a country adopts the U.S. dollar, or another foreign currency, as its national currency, either officially or unofficially.
How do you translate 'Dollarization' to English?▼
'Dollarization' translates to 'dollarization' in English. Dollarization definition: Dollarization is the process by which a country adopts the U.S. dollar, or another foreign currency, as its national currency, either officially or unofficially.
How do you pronounce 'Dollarization' and 'dollarization'?▼
Listen to clear English audio pronunciation of 'Dollarization' and native English audio speech for 'dollarization' with bilingual sentence examples on DictBridge.

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