Special Drawing Right Definition

Special Drawing Right

Definition

SDR. An artificial currency unit based upon several national currencies. The Special Drawing Right serves as the official monetary unit of several international organizations and transactions and acts as a supplemental reserve for national banking systems.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Mentioned in these terms

Special Drawing Rights

Related Terms on BusinessDictionary

gold tranche
official reserve
reserve currency

paper gold
foreign exchange reserves

Popular 'Global' Terms

globalization
depreciation
LIBOR
nostro account
political risk

exchange rate
ADR
protectionism
exchange rate risk
limited company

Special Drawing Right in the news

Tools

Special Drawing Right is ...

... part of the Global subject.

Nearby Terms

special assessment bond
special bid
special bond account
special claim on residual equity (SCORE)
special dividend
Special Drawing Right
Special Drawing Rights
special endorsement
special miscellaneous account
special offering
special purpose entity

Search volume for Special Drawing Right

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice