special drawing rights
noun Date: 1967 a means of exchange used by governments to settle their international indebtedness

New Collegiate Dictionary. 2001.

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  • Special Drawing Rights — (SDRs) is a potential claim on the freely usable currencies of International Monetary Fund members. SDRs have the ISO 4217 currency code XDR.DefinitionSDRs are defined in terms of a basket of major currencies used in international trade and… …   Wikipedia

  • Special Drawing Rights — see SDRS pl.n …   English World dictionary

  • special drawing rights — ( SDR) A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies. Bloomberg Financial Dictionary * * *    ► See SDR. * * * special drawing rights UK US noun [plural]… …   Financial and business terms

  • special drawing rights — the reserve asset created through the International Monetary Fund as a supplement to gold and U.S. dollars, for use among the member governments in settling international payments. Abbr.: SDR, S.D.R. [1965 70] * * * …   Universalium

  • special drawing rights — plural noun a form of international money created by the International Monetary Fund, defined as a weighted average of various convertible currencies …   English new terms dictionary

  • Special Drawing Rights — SDRs The standard unit of account used by the International Monetary Fund (IMF). In 1970 members of the IMF were allocated SDRs in proportion to the quotas of currency that they had subscribed to the fund on its formation. There have since been… …   Big dictionary of business and management

  • special drawing rights — plural noun credits which central banks in the western world extend to each other …   Australian English dictionary

  • special drawing rights — (SDRs)  International money first created by the INTERNATIONAL MONETARY FUND in the late 1960s. SDRs are considered part of a country’s official reserve assets and can be transferred between the country’s accounts …   American business jargon

  • special drawing rights — / speʃəl drɔ:ɪŋ raɪts/ noun a unit of account used by the International Monetary Fund, allocated to each member country for use in loans and other international operations; their value is calculated daily on the weighted values of a group of… …   Marketing dictionary in english

  • special drawing rights — /ˌspeʃ(ə)l drɔ:ɪŋ raɪts/ plural noun units of account used by the International Monetary Fund, allocated to each member country for use in loans and other international operations. Their value is calculated daily on the weighted values of a group …   Dictionary of banking and finance

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