Words / E / Business

euroisation

noun/ˌjʊərəʊaɪˈzeɪʃən/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

The adoption of the euro by a country as its currency without formally joining the eurozone.

Montenegro's unilateral euroisation left it without a central bank of its own.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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