petrodollar


petrodollar

petrodollars [pe-troh-dol-erz] EXAMPLES|WORD ORIGIN plural noun surplus revenues in dollars accumulated by petroleum-exporting countries, as those of the Middle East, especially when then used for foreign loans or investments. Liberaldictionary.com

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  • Origin of petrodollars 1970–75; petro-2 + dollars Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019 Examples from the Web for petrodollar Contemporary Examples of petrodollar

  • This same ideology was exported out of Saudi Arabia by the power of the petrodollar.

    Saudi Activist Manal Al-Sharif on Why She Removed the Veil

    Manal Al Sharif, Advancing Human Rights

    October 30, 2014

  • They have spent every petrodollar they got, neglecting investment in favor of other projects.

    Fracking is Pitting OPEC Members Against Each Other. It Couldn’t Happen to a Nicer Bunch of Cartel Members.

    Megan McArdle

    May 29, 2013

  • British Dictionary definitions for petrodollar petrodollar noun money, paid in dollars, earned by a country for the exporting of petroleum Collins English Dictionary – Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 Word Origin and History for petrodollar n.

    1974, “surplus of petroleum exports over imports of all other goods,” as a notational unit of currency (in reference to OPEC nations), formed in English from petro- (2) + dollar.

    Online Etymology Dictionary, © 2010 Douglas Harper

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