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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for petrodollars
Contemporary Examples of petrodollars
He waged war on the modern with a Siemens dialysis machine in-tow, bankrolled by Aramco petrodollars.Osama bin Laden Died a Fool and Has No Legacy
May 6, 2011