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dollarize

From Wiktionary, the free dictionary

English

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Alternative forms

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Etymology

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From dollar +‎ -ize.

Verb

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dollarize (third-person singular simple present dollarizes, present participle dollarizing, simple past and past participle dollarized)

  1. (intransitive) To undergo dollarization; to start using the dollar as currency.
    • 2024 March 29, Max Klaver, “Argentina inflation stings as people brace for president’s radical change”, in The Christian Science Monitor:
      That trust lies in right-wing libertarian President Javier Milei, who came to office last December on a promise of turning Argentina’s economy around by drastically reducing government payouts, slashing the size of the state, and dollarizing the economy.
  2. (transitive) To convert to dollars.

Derived terms

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Translations

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