petrodollars

(redirected from Petro-Currencies)
Also found in: Financial.

pet·ro·dol·lars

 (pĕt′rō-dŏl′ərz)
pl.n.
Money in any number of currencies that is paid to oil-producing countries, which then deposit it into Western banks.

pet•ro•dol•lars

(ˈpɛ troʊˌdɒl ərz)

n.pl.
revenues in dollars accumulated by petroleum-exporting countries, esp. of the Middle East.
[1970–75]
Translations

petrodollars

[ˈpɛtrəʊdɒlərz] nplpétrodollars mpl
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