Definition
decimalizations
noun
- plural of decimalization; the process of converting a currency or numerical system to a decimal basis
Usage: commonly used in historical contexts, especially regarding currency reform; often refers to the adoption of decimal currency systems in various countries
Examples
- The decimalizations of European currencies in the 20th century simplified international trade.
- Britain's decimalization of its currency in 1971 replaced the old pounds, shillings, and pence system.
- Many countries undertook decimalizations to modernize their monetary systems.
- The decimalizations across Commonwealth nations occurred at different times.
- Historians study the decimalizations of various nations to understand economic modernization.