Definition of special drawing rights in English:

Share this entry

special drawing rights

Pronunciation: /ˈspeSHəl ˈdroiNG rīts/
(abbreviation SDR)

plural noun

A form of international money, created by the International Monetary Fund, and defined as a weighted average of various convertible currencies.
Example sentences
  • He gives pride of place to a proposal to expand the existing system of International Monetary Fund special drawing rights.
  • The second proposal recommends a new allocation of special drawing rights.
  • Twenty-five percent of each country's quota is paid in the form of special drawing rights.
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.