SINCE 1828

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dollarization

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noun dol·lar·i·za·tion \ˌdä-lə-rə-ˈzā-shən\

Definition of dollarization

: the adoption of the U.S. dollar as a country's official national currency

dollarize

play \ˈdä-lə-ˌrīz\ verb

1982

First Known Use of dollarization

1982

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