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Vinony

petrodollar

noun

  1. money earned from the sale of oil
  2. financial asset backed by a country's revenues from petroleum exports denominated in US dollars
L1187604 on Wikidata ↗

Wiktionary

Pronunciation: /ˈpɛtɹə(ʊ)ˌdɒlə/ / /ˈpɛtɹoʊˌdɑlɚ/

noun

Etymology: Etymology tree Ancient Greek πέτρᾱ (pétrā)bor. Latin petrader. English petro- Proto-Germanic *dalą Proto-West Germanic *dal Old High German tal Middle High German tal German Tal German Talerder. Middle Low German dālerbor. Dutch dalerbor. English dollar English petrodollar From petro- (prefix meaning ‘petroleum; oil export’) + dollar, possibly modelled after Eurodollar.

  1. Money (either notionally or specifically in dollars or other currencies) earned from the sale of oil, often especially as considered among a national economy's principal revenue streams.