dollarize
/ˈdɑlərˌaɪz/
verb
- To adopt the U.S. dollar as the official currency of a country, replacing or alongside its own currency.
- The government decided to dollarize after years of unstable local currency.
- Some small countries choose to dollarize their economy to control inflation.
- Economists debated whether it was wise to dollarize the nation's financial system.
- To express prices or values in U.S. dollars instead of the local currency.
- The online store lets you dollarize all amounts with a single click.
- Many businesses in tourist areas dollarize their prices to make it easier for visitors.
- When traveling, she found it helpful to dollarize the costs in her mind.