noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   The currency of an oil-producing nation which tends to vary in value against other currencies in line with changes in the price of oil.
2. 2
   Money paid in dollars to oil-producing nations.

Etymology

From petro- + currency.

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.