Meaning of “petrodollar” in the English Dictionary

british dictionary

(Definition of “petrodollar” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"petrodollar" in Business English

See all translations

petrodollarnoun [ C ]

uk /ˈpetrəʊˌdɒlər/ us

ECONOMICS, MONEY, NATURAL RESOURCES a unit of money earned by countries that produce oil for sale to other countries:

Petrodollars have maintained the country's wealth.

(Definition of “petrodollar” from the Cambridge Business English Dictionary © Cambridge University Press)