petrodollar

petrodollar
petrodollar (n.) 1974, "surplus of petroleum exports over imports of all other goods," as a notational unit of currency (in reference to OPEC nations), formed in English from petro- here used as a comb. form of PETROLEUM (Cf. petroleum) + DOLLAR (Cf. dollar).

Etymology dictionary. 2014.

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  • pétrodollar — ● pétrodollar nom masculin Dollar provenant des ventes de pétrole par les pays exportateurs, placé par l entremise du système bancaire international. pétrodollar n. m. FIN, ECON Dollar provenant d un pays exportateur de pétrole, sur le marché des …   Encyclopédie Universelle

  • Petrodollar — Pétrodollar On parle de pétrodollar pour désigner un actif financier issu des royalties versées en dollars par les compagnies extractrices aux gouvernements des pays où elles extraient le pétrole. L expression semble avoir été créée en 1973 par… …   Wikipédia en Français

  • petrodollar — UK US /ˈpetrəʊˌdɒlər/ noun [C] ► ECONOMICS, MONEY, NATURAL RESOURCES a unit of money earned by countries that produce oil for sale to other countries: »Petrodollars have maintained the country s wealth …   Financial and business terms

  • Petrodollar — A petrodollar is a U.S. dollar earned by a country through the sale of petroleum. The term was coined by Ibrahim Oweiss, a professor of economics at Georgetown University, in 1973. Oweiss felt there was a need for a word to describe a situation… …   Wikipedia

  • Petrodollar — Seit dem Zweiten Weltkrieg wird der Handel mit Erdöl hauptsächlich in US Dollar abgerechnet. Das hierfür verwendete Geld wird auch als Petrodollar bezeichnet. Inhaltsverzeichnis 1 Folgen der Dollarfakturierung 2 Petrodollars und die Seigniorage… …   Deutsch Wikipedia

  • Pétrodollar — Le pétrodollar est un actif financier issu des royalties versées en dollars par les compagnies extractrices aux gouvernements des pays où elles extraient le pétrole. L expression semble avoir été créée en 1973 par Ibrahim Oweiss, professeur d… …   Wikipédia en Français

  • petrodollar — UK [ˈpetrəʊˌdɒlə(r)] / US [ˈpetroʊˌdɑlər] noun [countable, usually plural] Word forms petrodollar : singular petrodollar plural petrodollars economics a unit of money earned by a country from selling oil to other countries …   English dictionary

  • petrodollar — pe|tro|dol|lar sb., en, s el. petrodollar, (s)ene (betaling for salg af olie) …   Dansk ordbog

  • Petrodollar recycling — refers to the phenomenon of major oil producing states mainly from OPEC earning more money from the export of oil than they could usefully invest in their own economies. It was a phenomenon of the late 1970s and early 1980s with the peak years… …   Wikipedia

  • Petrodollar warfare — The phrase petrodollar warfare refers to a hypothesis that a hidden, driving force of United States foreign policy over recent decades has been the status of the United States dollar as the world s dominant reserve currency and as the currency in …   Wikipedia

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