Dollarize
verb ·Rare ·Advanced level
Definitions
- 1 To undergo dollarization; to start using the dollar as currency. intransitive
"To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. […] Economists at Capital Economics wrote in an August note that dollarized countries El Salvador, Panama and Ecuador show “markedly lower inflation than elsewhere in the region.”"
- 2 To convert to dollars. transitive
Example
More examples"To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. […] Economists at Capital Economics wrote in an August note that dollarized countries El Salvador, Panama and Ecuador show “markedly lower inflation than elsewhere in the region.”"
Etymology
From dollar + -ize.
More for "dollarize"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.