dollarized
/ˈdɑlərˌaɪzd/
adjective
- Describing an economy or country that has adopted the U.S. dollar as its official currency.
- Ecuador is a dollarized economy, using the U.S. dollar for all transactions.
- The dollarized nation no longer prints its own money.
- In a dollarized country, prices are stable because the currency is strong.
- Describing prices or values that are expressed in U.S. dollars.
- The hotel's dollarized rates made it easy for American tourists to budget.
- The menu had dollarized prices next to the local currency prices.
- She preferred seeing dollarized amounts when shopping online from abroad.
verb
- Past tense and past participle of dollarize.
- They dollarized all their financial reports for international investors.
- The country dollarized its economy in the early 2000s.
- The store dollarized its prices last year to attract more tourists.