decimalization
Switching to tenths
Decimalization is the process of converting a system to decimal-based units.
Countries decimalize their currencies by replacing old fractional denominations with units divisible by ten: Britain's decimalization in 1971 replaced shillings and pence with new pence.
Stock markets decimalized by switching from fractional to decimal pricing.
The shift typically aims at simplifying calculation and international compatibility.
Weight, strike, or kennel
- shillingFormer British monetary unit
- penceBritish currency units
- dollarBasic U.S. currency unit
- centHundredth of a dollar
euro · rupee · peso · franc · lira · coinage · denomination · subdivision
Act of changing states
- transitionChange from one state
- changeoverComplete shift between systems
- modernizationAdoption of current methods
- standardizationImplementing uniform technical specifications
adoption · implementation · legislation · phasing · adjustment · adaptation · overhaul · simplification
Decimal-based measurement standard
- conversionAct of changing states
- standardizationImplementing uniform technical specifications
- imperialRelating to supreme rule
- measurementDetermining size or amount
units · kilogram · meter · liter · SI units · weights · measures · reform
Part divided by whole
- digitSingle numeric character
- place valueDigit worth by position
- notationSystem of written symbols
- roundingAdjusting to simpler values
significant figures · computation · arithmetic · calculation · precision · subdivision · hundredths · tenths
pound
Weight, strike, or kennel
cent · euro · rupee · peso · franc · lira · coinage · denomination · subdivision · conversion
conversion
Act of changing states
- transitionChange from one state
- changeoverComplete shift between systems
- modernizationAdoption of current methods
standardization · adoption · implementation · legislation · phasing · adjustment · adaptation · overhaul · simplification · rationalization
metric system
Decimal-based measurement standard
- conversionAct of changing states
- standardizationImplementing uniform technical specifications
- imperialRelating to supreme rule
measurement · units · kilogram · meter · liter · SI units · weights · measures · reform · adoption
fraction
Part divided by whole
- digitSingle numeric character
- place valueDigit worth by position
- notationSystem of written symbols
rounding · significant figures · computation · arithmetic · calculation · precision · subdivision · hundredths · tenths · thousandths
- currency historygold standard, silver standard, bimetallism, fiat money, fiat currency
- measurementscales, gauging, balance, metering, gram
- British currencypound, penny, shilling, pence, sixpence
- monetary policyinflation, central banking, deflation, central bank, money supply
decimal, decimate, decimated, decimation, decimals, decimating, decimates, decimator, decimalisation