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dollarization

The correct spelling is dollarization.

How to pronounce dollarization

noun

Say it like: Dol-lar-iza-sho-n

The correct spelling is dollarization. The process of a country, officially, or its residents, unofficially, adopting the US dollar or other foreign currency in parallel to or instead of the domestic currency.

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Definition

noun

  1. 1.The process of a country, officially, or its residents, unofficially, adopting the US dollar or other foreign currency in parallel to or instead of the domestic currency.

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