English

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

 

dollarization

 noun
(British English also -isation) noun
BrE BrE//ˌdɒləraɪˈzeɪʃn//
 
; NAmE NAmE//ˌdɑːlərəˈzeɪʃn//
 
[uncountable]
 
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the use by a country of the US dollar as its own currency (1)