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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

  • post-decimalization adjective
  • pre-decimalization adjective

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.

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

From Washington Times • Sep. 26, 2022

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

From Reuters • Apr. 14, 2021

But decimalization has been in America for centuries—our currency is 100 cents to the dollar.

From Slate • Aug. 8, 2014

In other words, lawmakers sidestepped the really difficult decimalization issue, leaving it to the regulators in a way almost intended for nothing to happen.

From New York Times • Apr. 3, 2012

To the relief of accountants, schoolchildren, tourists and moneymen, all such variations will officially disappear with decimalization.

From Time Magazine Archive