Definition of decimalization noun from the Oxford Advanced Learner's Dictionary



(British English also -isation) noun
BrE BrE//ˌdesɪməlaɪˈzeɪʃn//
; NAmE NAmE//ˌdesɪmələˈzeɪʃn//
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the process of changing a system of coins or weights and measurements to a decimal system Culture The decimalization of the British currency to the present decimal system of 100 pence to the pound happened on 15 February 1971. Before that date, the pound was divided into 20 shillings with 12 pence in each shilling.