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petrodollars
[ pe-troh-dol-erz ]
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.
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Word History and Origins
Origin of petrodollars1
1970–75; petro- 2 + dollars ( def )
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Example Sentences
He waged war on the modern with a Siemens dialysis machine in-tow, bankrolled by Aramco petrodollars.
From The Daily Beast
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