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Definitions from the Web

Petrodollars

Definition:

Petrodollars refers to the revenue generated from the sale of petroleum, specifically in U.S. dollars. This term is commonly used to describe the large sums of money earned by oil-exporting countries, especially those in the Middle East.

Senses:

Noun - Plural form

1. Petrodollars: The U.S. dollars earned from the sale of petroleum.

Example sentence: The country's economy heavily relies on petrodollars from oil exports.

Noun - Singular form

2. Petrodollar: A single unit of U.S. currency earned from petroleum sales.

Example sentence: The company eagerly awaited the arrival of each petrodollar earned from their oil wells.

Related Products:

This term might be of interest to those seeking to expand their knowledge on oil economics and international trade. Check out related products on Amazon:

• Oil Economics Books
• Books on International Trade