verb see dollarization

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • dollarize — dollarization UK US /ˌdɒləraɪˈzeɪʃən/ US  /ˌdɒlərɪˈzeɪʃən/ noun [U] (UK also dollarisation) ECONOMICS ► the situation in which a country chooses to use the US dollar instead of, or in addition to, its own currency: »The finance minister argued… …   Financial and business terms

  • dollarize — v. For a country to abandon its national currency in favour of the U.S. dollar. Example Citation: American officials said today that they doubted Argentina would decide to dollarize its economy unless it came under dire pressure from an economic… …   New words

  • dollarize — dollˈarize or dollˈarise transitive verb and intransitive verb • • • Main Entry: ↑dollar …   Useful english dictionary

  • Dollarization: Is It Worth It? — ▪ 2002 Introduction by Guillermo A. Calvo       By mid 2001 a number of Latin American countries had officially adopted the U.S. dollar as their currency. Ecuador replaced its sucre with the dollar in September 2000. On Jan. 1, 2001, El Salvador… …   Universalium

  • dollarization — noun Date: 1982 the adoption of the United States dollar as a country s official national currency • dollarize verb …   New Collegiate Dictionary

  • Economy of Ecuador — Infobox Economy country = Ecuador width= 290px currency = United States Dollar (USD) year = calendar year organs = WTO, Unasur, CAN rank = 63 gdp = $98.28 billion (2007 est.) growth = 1.8% (2007 est.) per capita = $7,100 (2007 est.) sectors =… …   Wikipedia

  • Icelandic króna — ISK redirects here. For the currency of the Eve Online video game, see Gameplay of Eve Online#Economy. Icelandic króna íslensk króna (Icelandic) …   Wikipedia

  • Uruguayan peso — Infobox Currency currency name in local = peso uruguayo es icon iso code = UYU image 1 = URY022.jpg image title 1 = Current coin. using countries = flag|Uruguay inflation rate = 6.5% inflation source date =… …   Wikipedia

  • Ecuador — Ecuadoran, Ecuadorean, Ecuadorian, adj., n. /ek weuh dawr /, n. a republic in NW South America. 11,690,535; 109,483 sq. mi. (283,561 sq. km). Cap.: Quito. * * * Ecuador Introduction Ecuador Background: The Republic of the Equator was one of three …   Universalium

  • dollarization — dol‧lar‧i‧za‧tion [ˌdɒləraɪˈzeɪʆn ǁ ˌdɑːlərə ] also dollarisation noun [uncountable] ECONOMICS 1. when people in countries outside the US prefer to use the dollar, rather than their country s own currency: • High inflation has led many Russians… …   Financial and business terms

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