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dollarization

[dol-er-uh-zey-shuh n]
noun
  1. the conversion of a country's currency system into U.S. dollars.
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Origin of dollarization

First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for dollarization

dollarization

dollarisation

noun
  1. the process of converting a country's currency to US dollars
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012