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.

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Other Word Forms

• post-decimalization adjective
• pre-decimalization adjective

Example Sentences

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

From Washington Times

Profitability declined once decimalization became standard, but Madoff’s brokerage operation provided financial support for his fraud.

From Reuters

Why the ministry does its sums in scores of cows instead of units is not clear unless it hopes thereby to woo farmers gently to decimalization.

From Nature

The amounts on the invoice pictured below are denoted in “Old Money”; the shilling and pence went out in England with decimalization in 1971.

From Forbes

"But the long-term work is to train religious leaders so they're more at ease in society ... capable of combating prejudices, helping to fight decimalization."

From Reuters