petrodollars
(redirected from Petrocurrencies)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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
pet•ro•dol•lars
(ˈpɛ troʊˌdɒl ərz)n.pl.
revenues in dollars accumulated by petroleum-exporting countries, esp. of the Middle East.
[1970–75]
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