decimalization (Meaning)
Wordnet
decimalization (n)
the act of changing to a decimal system
Synonyms & Antonyms of decimalization
No Synonyms and anytonyms found
decimalization Sentence Examples
- The government's decision to implement decimalization of the currency was met with mixed reactions from the public.
- The process of decimalization aimed to simplify monetary transactions and reduce confusion.
- Several countries have undergone successful decimalization efforts, transitioning from complex currency systems to simpler ones.
- Decimalization involves converting a currency from non-decimal units to a decimal-based system.
- Businesses had to update their systems and pricing structures to comply with the new decimalization standards.
- Decimalization often requires extensive planning and coordination among government agencies, financial institutions, and businesses.
- The central bank spearheaded the country's decimalization initiative to modernize its monetary system.
- Public education campaigns were launched to inform citizens about the benefits and implications of decimalization.
- Decimalization has been hailed as a milestone in the evolution of financial systems, promoting transparency and efficiency.
- Despite initial challenges, the overall impact of decimalization has been positive, leading to smoother financial transactions and greater economic stability.
FAQs About the word decimalization
the act of changing to a decimal system
No synonyms found.
No antonyms found.
The government's decision to implement decimalization of the currency was met with mixed reactions from the public.
The process of decimalization aimed to simplify monetary transactions and reduce confusion.
Several countries have undergone successful decimalization efforts, transitioning from complex currency systems to simpler ones.
Decimalization involves converting a currency from non-decimal units to a decimal-based system.
