Petrodollar

Petrodollar,

How Do You Define Petrodollar?

  • Petrodollar can be defined as, A term coined by Ibrahim Owais, a professor of economics, in the 1970s, describes the huge amount of money produced by OPEC (Organization of Petroleum Exporting Countries).

Meanings of Petrodollar

  1. Counterfeit currency unit obtained by an oil exporting country.

Sentences of Petrodollar

  1. Petrodollars were thrown into the kingdom