special drawing rights

noun

Definition of special drawing rights

: a means of exchange used by governments to settle their international indebtedness

First Known Use of special drawing rights

1963, in the meaning defined above

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The first known use of special drawing rights was in 1963

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Cite this Entry

“Special drawing rights.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/special%20drawing%20rights. Accessed 3 Jun. 2020.

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