dollarization


dol·lar·i·za·tion

noun \ˌdä-lə-rə-ˈzā-shən\

Definition of DOLLARIZATION

:  the adoption of the United States dollar as a country's official national currency
dol·lar·ize \ˈdä-lə-ˌrīz\ verb

First Known Use of DOLLARIZATION

1982

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