noun
- a dollar earned by a petroleum-exporting country through the sale of oil
Usage: economics
Examples
- The country invested its petrodollars in infrastructure projects.
- Petrodollars flowed into the national treasury as oil prices rose.
- The government used petrodollars to fund education and healthcare.
- Rising oil exports brought billions of petrodollars to the economy.
- The nation’s petrodollars helped stabilize its currency.
- Investment funds were established to manage the country’s petrodollars.