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special drawing rights

American  

plural noun

  1. 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. SDR, S.D.R.


special drawing rights British  

plural noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of special drawing rights

First recorded in 1965–70

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Unusual access: Unlike gold reserves or special drawing rights at the IMF, crypto assets are accessible to everyday investors.

From MarketWatch

Tunisia desperately needs access to the special drawing rights in order to avoid defaulting on external debt and to stabilize the economy, Porter said.

From Seattle Times

Low-income and vulnerable middle-income countries can apply to get the financing, which will channel special drawing rights from countries with strong external positions, according to the Fund's website.

From Reuters

A promise last year to help poor countries by providing them with special drawing rights, an IMF-issued quasi-currency, has yet to be implemented.

From Washington Post

The completion of the review, pending since earlier this year, would make available 750 million in IMF special drawing rights, or around $1 billion, bringing total disbursements so far to about $3 billion.

From Reuters