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dollarization

noun

dol·​lar·​i·​za·​tion ˌdä-lə-rə-ˈzā-shən How to pronounce dollarization (audio)
: the adoption of the U.S. dollar as a country's official national currency
dollarize verb

Examples of dollarization in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The deadlock underscored mounting divisions within the bloc over the pace and direction of de-dollarization, the level of antagonism toward the United States, and Beijing’s aspirations for leadership in the grouping. Oliver Stuenkel, Foreign Affairs, 18 Nov. 2025 Key use cases for stablecoins include trading, settlement, dollarization, and cross-border payments. Sheryl Estrada, Fortune, 13 Nov. 2025 Since 2009 Zimbabwe has tried five other local units of exchange and failed to end dollarization of the economy. Tawanda Karombo, semafor.com, 31 Oct. 2025 Announcing dollarization now would provide a confidence boost to the Argentine economy and provide a stabilizing effect. Hugh Cameron, MSNBC Newsweek, 1 Oct. 2025 See All Example Sentences for dollarization

Word History

First Known Use

1982, in the meaning defined above

Time Traveler
The first known use of dollarization was in 1982

Browse Nearby Words

Cite this Entry

“Dollarization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollarization. Accessed 29 Nov. 2025.

Last Updated: - Updated example sentences
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