petrodollars
[ pe-troh-dol-erz ]
/ ˈpɛ troʊˌdɒl ərz /
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.
Origin of petrodollars
1970–75;
petro-2 +
dollars
Words nearby petrodollars
petrobutanol,
petroccipital,
petrochemical,
petrochemistry,
petrodollar,
petrodollars,
petrog.,
petrogenesis,
petroglyph,
petrograd,
petrogram
Example sentences from the Web for 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 |DAILY BEASTThey 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 |DAILY BEAST
British Dictionary definitions for petrodollar
petrodollar
/ (ˈpɛtrəʊˌdɒlə) /
noun
money, paid in dollars, earned by a country for the exporting of petroleum