drawing rights

/'drɔ:ɪŋ raɪts/ noun
a right of a member country of the IMF to borrow money from the fund in a foreign currency.

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • drawing rights — UK US noun [plural] ► SPECIAL DRAWING RIGHTS(Cf. ↑special drawing rights) …   Financial and business terms

  • 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 — ( 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 — see SDRS pl.n …   English World dictionary

  • special drawing rights — noun Date: 1967 a means of exchange used by governments to settle their international indebtedness …   New Collegiate Dictionary

  • 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 - SDR — An international type of monetary reserve currency, created by the International Monetary Fund (IMF) in 1969, which operates as a supplement to the existing reserves of member countries. Created in response to concerns about the limitations of… …   Investment 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. The New York Times Financial Glossary …   Financial and business terms

  • Ordinary Drawing Rights —    ► See ODR …   Financial and business terms

  • Special Drawing Rights (SDR) — ⇡ Sonderziehungsrechte (SZR) …   Lexikon der Economics

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.