petrodollar

English dictionary entry

Meanings

noun
  1. Money (either notionally or specifically in dollars or other currencies) earned from the sale of oil, often especially as considered among a national economy's principal revenue streams.

Pronunciation

/ˈpɛtɹə(ʊ)ˌdɒlə/ LL-Q1860 (eng)-I learned some phrases-petrodollar.wav /ˈpɛtɹoʊˌdɑlɚ/

Word forms

petrodollar petrodollars

Etymology

From petro- (prefix meaning ‘petroleum; oil export’) + dollar, possibly modelled after Eurodollar.

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