petrodollars

[ pe-troh-dol-erz ]

plural noun
  1. 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

1
1970–75; petro-2 + dollars

Words Nearby petrodollars

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use petrodollars in a sentence