special drawing rights


plural noun

the reserve asset created through the International Monetary Fund as a supplement to gold and U.S. dollars, for use among the member governments in settling international payments. Abbreviation: SDR, S.D.R.

Origin of special drawing rights

First recorded in 1965–70

British Dictionary definitions for special drawing rights

special drawing rights

pl n

(sometimes capitals) the reserve assets of the International Monetary Fund on which member nations may draw in proportion to their contribution to the Fund Abbreviation: SDRs