FT MarketWatch

Petrodollars

Money Paid to oil-producing countries, especially those in the Middle East, and deposited in Western banks.

Related Terms: 2 ECI, Paid
Other Related Pages: Category: Global Starting With: P
Additional Related Terms: 10-K, Agent bank, All or any part, Active money, All-risks coverage, Add-on service, Action to quiet title, As is, Assignment to creditors, Attorney in fact