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decimalization

American  
[des-muhl-iz-ay-shuhn, -ahyz-] / ˌdɛs məl ɪzˈeɪ ʃən, -aɪz- /

noun

  1. the process of reducing or converting something, such as currency, to a decimal system.


Other Word Forms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

It was its lowest level since the decimalization of the currency in 1971.

From Washington Times ● Sep. 26, 2022

But the truly important thing about metric is the concept of decimalization.

From Slate ● Aug. 8, 2014

One reason is decimalization — pricing stocks in cents rather than fractions — that took profits out of trading that had previously given brokers an incentive to list small companies.

From New York Times ● Apr. 3, 2012

A series of rule changes over the last 15 years, from decimalization to a proliferation of electronic trading venues, made it very tough for them to earn the bid-ask spread in large-cap stocks.

From Reuters ● Jun. 20, 2011

In school alone, according to an Australian survey, decimalization would save teachers up to 50% of the time they now take to teach children mathematics.

From Time Magazine Archive

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