"Dollarisation" Pronounce,Meaning And Examples
"Dollarisation" Natural Recordings by Native Speakers
"Dollarisation" Meaning
Dollarisation refers to the process of a country adopting the US dollar as its official currency, either partially or fully, in place of its own national currency. This can be done through a variety of methods, such as using the US dollar as a peg for a managed currency float, or allowing the use of the US dollar as a medium of exchange alongside the local currency. Dollarisation is often used as a way to stabilize a country's economy, to make international trade easier, or to reduce the risks associated with currency fluctuations.
"Dollarisation" Examples
Dollarisation Examples
As a noun:
The economy of the country underwent rapid dollarisation after the introduction of the new currency, which was pegged to the US dollar.
As a verb:
The government has decided to dollarise their economy to boost trade and investment.
In a phrase:
The increasing use of the dollar has led to dollarisation of the local market.
As an adjective:
The dollarisation of the economy has resulted in higher prices for imported goods.
In a sentence:
The country's decision to adopt the dollar as its official currency has led to a greater degree of dollarisation, making it easier for international trade.
"Dollarisation" Similar Words
Doling
Doliolid
A doliolid is a type of free-swimming, predatory marine animal, specifically a pelagic tunicate. It is a gelatinous, soft-bodied animal that belongs to the phylum Tunicata. Dolioles are characterized by their long, slender bodies and their ability to propel themselves through the water using a unique type of propulsion called "jet propulsion." They are found in oceans around the world and play an important role in the marine ecosystem as both predators and prey.
Doliolida
Doliolida is a suborder of marine animals in the class Photorhida, commonly known as doliolids. They are a type of colonial tunicate, which is a type of marine invertebrate. Doliolids are characterized by their bodies being divided into four parts, each with a specific function. They are found in oceans worldwide, usually in shallow, coastal waters, and are typically filter feeders.
Doliolidae
Doliolidae is a family of marine animals that belong to the phylum Ctenophora. They are commonly known as the doliolids or umbrella animals. They are characterized by their umbrella-like body shape, transparent bodies, and the presence of cilia (fine hair-like structures) that they use to swim and capture food. They are found in oceans worldwide, at depths ranging from 0 to 4,500 meters.
Doliolum
Doliolum is a genus of small, transparent, spherical marine animals called radiolarians. Radiolarians are a type of protozoan that are characterized by their calcium carbonate skeletons and unique ability to produce silica shells.
Doll
A doll is a toy or figurine that represents a human or animal, often made of plastic, porcelain, or cloth, and designed to be played with or collected.
Dollar
The noun "dollar" refers to a unit of currency, particularly the official currency of the United States, the United States dollar (USD). It is subdivided into 100 cents.
Dollardee
I apologize, but I couldn't find any meaning for the word "dollardee." It's possible that it's a made-up or non-standard word. Can you please provide more context or clarify the meaning you're looking for?
Dollarise
Dollarization
Dollarization refers to the phenomenon where a country or economy pegs its currency to the value of another currency, typically the US dollar. This can be done through a formal agreement, or it can occur informally through market forces. Dollarization can either completely replace a country's own currency or coexist with it. This can have both positive and negative effects on the economy, such as increased trade and investment, but also limited monetary policy autonomy and potential economic instability.
Dollarize
to convert a price, value, or currency into US dollars, especially when dealing with international transactions or quoting a cost in a foreign country.
Dollarized
To dollarize something means to express its value in US dollars, often in economic or financial contexts. It can also refer to the process of replacing a local currency with the US dollar as the official currency of a country.
Dollars
Dollars refers to the official currency of the United States. It is abbreviated as "$" and is divided into 100 cents. Dollars can be used to buy goods and services, pay debts, and store value, and is widely accepted as a medium of exchange around the world. The value of dollars can fluctuate based on economic factors, making it an important aspect of international trade and finance.
Dolled
"doled" is the past tense of the verb "dole", which means to distribute or allot something, especially in small amounts. It can also mean to dispense a punishment or to inflict something unpleasantly.<br><br>As an adjective, "dolled" can mean made or made-up (used especially of something made or created, such as a doll or a face).
Dollhouse
Dollies
Dollies are a type of wheel or wheelbarrow used to move heavy or fragile objects, often used in the film industry, warehouses, or other settings where objects need to be transported safely and efficiently. They typically have four wheels, a flat platform, and a handle or gripping mechanism to facilitate easy transportation.