Special Drawing Right. An artificial currency unit based upon several national currencies. The Special Drawing Right serves as the official monetary unit of several international organizations including the International Monetary Fund, and acts as a supplemental reserve for national banking systems. For members of the IMF, the Special Drawing Rights can be used to settle trade balances between countries and to repay the IMF. An IMF member country has to supply its own currency to another member country in exchange for SDRs, unless that country already holds a certain specified amount of SDRs.

Use SDR in a sentence

You may want to see if you can get an SDR that will make things a lot easier for your business.

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I wondered what the sdr was and how it applied to our company because I had heard that it was very important.

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John is does not have access to SDR's because he is not the president of the USA or any other countries government official.

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