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Dictionary entry overview: What does special drawing rights mean?
• SPECIAL DRAWING RIGHTS (noun)
The noun SPECIAL DRAWING RIGHTS has 1 sense:
1. reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
Familiarity information: SPECIAL DRAWING RIGHTS used as a noun is very rare.
Dictionary entry details
|Sense 1||special drawing rights [BACK TO TOP]|
Reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
Nouns denoting possession and transfer of possession
paper gold; special drawing rights
Hypernyms ("special drawing rights" is a kind of...):
reserve assets (capital held back from investment in order to meet probable or possible demands)
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