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Look up:
dollarization
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dollarization
Widespread use, or routine official government use, of US dollars in a country in place of that country's own currency. Source: Officer, Lawrence H., 'Reviewof Kurt Schuler Currency Boards and Dollarization' Economic History Services, Nov 14, 2003, URL: http://www.eh.net/bookreviews/library/0705.sht... Found op http://www.econterms.com/glossary.cgi?query=dollarization
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Dollarization
Utilization of the U.S. dollar to assess value and to use as a vehicle of exchange in an economy with an unstable currency. Discover What It`s Like to Live Easy With EquiTrend Found op http://www.equitrend.com/glossary967.xhtml
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Dollarization
The official adoption by a country other than the United States of the U.S. dollar as its local currency. Found op http://www-personal.umich.edu/~alandear/glossary/d.html
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dollarization
Adoption of the US dollar as the main currency across large parts of the economy. It can occur informally and without official approval, when citizens vote with their pockets, or formally when a country stops issuing its own currency and uses only foreign currency.... Found op http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=3847
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dollarization
Official or full dollarisation is a complete monetary union with a foreign country from which a country `imports` a currency, by making the foreign currency full legal tender and reducing its own currency, if any, to a subsidiary role. In officially dollarised countries, there is no domestic currenc... Found op http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=3847
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