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Meaning of "special drawing rights" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF SPECIAL DRAWING RIGHTS

special drawing rights play
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GRAMMATICAL CATEGORY OF SPECIAL DRAWING RIGHTS

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Special drawing rights is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SPECIAL DRAWING RIGHTS MEAN IN ENGLISH?

Special drawing rights

Special drawing rights are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund. SDRs are not a currency, and instead represent a claim to currency held by IMF member countries for which they may be exchanged. As they can only be exchanged for Euro, Japanese yen, pounds sterling, or U.S. dollars, SDRs may actually represent a potential claim on IMF member countries' nongold foreign exchange reserves, which are usually held in those currencies. While they may appear to have a far more important part to play or, perhaps, an important future role, being the unit of account for the IMF has long been the main function of the SDR. Created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and the U.S. dollar, the value of a SDR is defined by a weighted currency basket of four major currencies: the U.S. dollar, the euro, the British pound, and the Japanese yen. SDRs are denoted with the ISO 4217 currency code XDR. SDRs are allocated to countries by the IMF. Private parties do not hold or use them. As of March 2011, the amount of SDRs in existence is around XDR 238.

Definition of special drawing rights in the English dictionary

The definition of special drawing rights in the dictionary is the reserve assets of the International Monetary Fund on which member nations may draw in proportion to their contribution to the Fund SDRs.

WORDS THAT BEGIN LIKE SPECIAL DRAWING RIGHTS

special agent
Special Air Service
special assessment
Special Boat Service
Special Branch
special case
special clearing
special constable
special correspondent
special delivery
special development area
special edition
special education
special educational needs
special effects
special feature
special forces
special handling
special interest group
special jury

WORDS THAT END LIKE SPECIAL DRAWING RIGHTS

animal rights
Bill of Rights
bragging rights
bright lights
brights
civil rights
hazard warning lights
heights
highlights
human rights
knights
lights
nights
northern lights
rights
sights
the bright lights
thoughts
tights
traffic lights
voting rights

Synonyms and antonyms of special drawing rights in the English dictionary of synonyms

SYNONYMS

Translation of «special drawing rights» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SPECIAL DRAWING RIGHTS

Find out the translation of special drawing rights to 25 languages with our English multilingual translator.
The translations of special drawing rights from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «special drawing rights» in English.

Translator English - Chinese

特别提款权
1,325 millions of speakers

Translator English - Spanish

derechos especiales de giro
570 millions of speakers

English

special drawing rights
510 millions of speakers

Translator English - Hindi

विशेष आहरण अधिकार
380 millions of speakers
ar

Translator English - Arabic

حقوق السحب الخاصة
280 millions of speakers

Translator English - Russian

специальных прав заимствования
278 millions of speakers

Translator English - Portuguese

direitos de saque especiais
270 millions of speakers

Translator English - Bengali

বিশেষ অঙ্কন অধিকার
260 millions of speakers

Translator English - French

droits de tirage spéciaux
220 millions of speakers

Translator English - Malay

Hak lukisan khas
190 millions of speakers

Translator English - German

Sonderziehungsrechte
180 millions of speakers

Translator English - Japanese

特別引出権
130 millions of speakers

Translator English - Korean

특별 인출 권
85 millions of speakers

Translator English - Javanese

Hak-hak teknis khusus
85 millions of speakers
vi

Translator English - Vietnamese

quyền rút vốn đặc biệt
80 millions of speakers

Translator English - Tamil

சிறப்பு வரைதல் உரிமைகள்
75 millions of speakers

Translator English - Marathi

विशेष रेखाचित्र अधिकार
75 millions of speakers

Translator English - Turkish

Özel çekme hakları
70 millions of speakers

Translator English - Italian

diritti speciali di prelievo
65 millions of speakers

Translator English - Polish

specjalne prawa ciągnienia
50 millions of speakers

Translator English - Ukrainian

спеціальних прав запозичення
40 millions of speakers

Translator English - Romanian

drepturi speciale de tragere
30 millions of speakers
el

Translator English - Greek

ειδικά τραβηκτικά δικαιώματα
15 millions of speakers
af

Translator English - Afrikaans

Spesiale Trekkingsregte
14 millions of speakers
sv

Translator English - Swedish

särskilda dragningsrätter
10 millions of speakers
no

Translator English - Norwegian

spesielle trekkrettigheter
5 millions of speakers

Trends of use of special drawing rights

TRENDS

TENDENCIES OF USE OF THE TERM «SPECIAL DRAWING RIGHTS»

The term «special drawing rights» is normally little used and occupies the 111.449 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
48
/100
The map shown above gives the frequency of use of the term «special drawing rights» in the different countries.
Principal search tendencies and common uses of special drawing rights
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «special drawing rights».

FREQUENCY OF USE OF THE TERM «SPECIAL DRAWING RIGHTS» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «special drawing rights» during the past 500 years. Its implementation is based on analysing how often the term «special drawing rights» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about special drawing rights

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SPECIAL DRAWING RIGHTS»

Discover the use of special drawing rights in the following bibliographical selection. Books relating to special drawing rights and brief extracts from same to provide context of its use in English literature.
1
Special Drawing Rights (SDRs): The First International Money
Special Drawing Rights (SDRs) have recently re-emerged as a potential source of support and stability for the world economy, and this volume looks at the history of SDRs as well as the changing roles of the United States and the ...
Christopher Wilkie, 2012
2
International Economic Law: Basic Documents
Termination shall hecome effective on the date the notice is received. ih1 A participant that withdraws from memhership in the Fund shall he deemed to have simultaneously terminated its participation in the Special Drawing Rights Department ...
Philip Kunig, Niels Lau, Werner Meng, 1993
3
Basic issues in international monetary economics
The competence of the International Monetary Fund to control the stock in international liquidity and its influence via book money, ie. special drawing rights, were increased. 1. The Significance of the Special Drawing Rights Special drawing ...
Manfred Borchert, Rüdiger Wolfrum, Klaus Bockslaff
4
Supplement to the Articles of Agreement 2011
General Department and Special Drawing Rights Department valuation or a fundamental change in the application of the principle in effect. ARTICLE XVI General Department and Special Drawing Rights Department Section 1. Separation of ...
International Monetary Fund, 1993
5
The International Monetary Fund, 1966-1971: The System Under ...
The Fund will provide special drawing rights in accordance with this outline to those members that have undertaken to lend to the Fund pursuant to V. 2. Basic periods and amounts. Decisions to provide special drawing rights will prescribe the ...
Margaret Garritsen De Vries, 1976
6
Narrative
The final outline spoke throughout of special drawing rights. An initial sentence was introduced to indicate the ... in favor of formulations involving the word use. Even the title of the outline referred to a facility based on special drawing rights.
Margaret G. De Vries, 1976
7
The International Monetary Fund: 1945-1965
Special Drawing Rights Department All transactions and operations involving special drawing rights are conducted through the Special Drawing Rights Department. Special drawing rights are allocated by the Fund to members that are ...
J. Keith Horsefield, 1981
8
Users' Guide to the Sdr: A Manual of Transactions and ...
SPECIAL DRAWING RIGHTS Section 1. Authority to allocate special drawing rights To meet the need, as and when it arises, for a supplement to existing reserve assets, the Fund is authorized to allocate special drawing rights to members that ...
International Monetary Fund. Treasurer's Department, 1995
9
Current Legal Issues Affecting Central Banks, Volume V (EPub)
(b) For the purposes of (a) above, the Federal Republic of Yugoslavia (Serbia/ Montenegro) shall receive an amount of special drawing rights that will result in its net cumulative allocation being equal to 29.315788813 percent of the quota ...
Mr. Robert C. Effros, 1998
10
Current Legal Issues Affecting Central Banks
(b) For the purposes of (a) above, the Federal Republic of Yugoslavia (Serbia/ Montenegro) shall receive an amount of special drawing rights that will result in its net cumulative allocation being equal to 29.315788813 percent of the quota ...
Robert C. Effros, 1998

10 NEWS ITEMS WHICH INCLUDE THE TERM «SPECIAL DRAWING RIGHTS»

Find out what the national and international press are talking about and how the term special drawing rights is used in the context of the following news items.
1
China's IMF ambitions revealed in new archive report
... to have the yuan included in the IMF's special drawing rights currency basket, ... the IMF, possible inclusion of the [yuan] in the special drawing rights, and the ... «South China Morning Post, Jul 15»
2
4 Trillion Reasons China's Currency Isn't Ready for Prime Time
The latest flurry of excitement centers on China's bid to have the RMB included in the basket of currencies represented in the Special Drawing Rights issued by ... «Foreign Policy, Jun 15»
3
The renminbi and the SDR: symbol and substance
The judgment increases the already rising probability that the renminbi might be included in the units that make up Special Drawing Rights (SDR), commonly ... «Financial Times, Jun 15»
4
G7 agree in principle on China joining IMF's major league
... IMF's Special Drawing Rights (SDR). The SDR is a virtual currency that defines the value of IMF reserves, used for lending to countries in financial difficulty. «Reuters, May 15»
5
Taxi Rank to Central Bank, China Pushes for SDR Status
Board members of the IMF will vote this year on whether to add the yuan to its Special Drawing Rights basket along with the U.S. dollar, euro, yen and British ... «Bloomberg, May 15»
6
China knocks on door of reserve currency club
Becoming a constituent in the IMF's Special Drawing Rights basket would be a big step forward for the currency, which remains tightly controlled by Beijing. «Financial Times, May 15»
7
Incorporate the yuan into the Special Drawing Rights
SDR are international reserve assets created by the International Monetary Fund ... Every 5 years the revision of SDR by the IMF has to put the importance of its ... «Voltaire Network, Apr 15»
8
What Are IMF Special Drawing Rights?
In order to fulfill its mandate, in 1969 the IMF created Special Drawing Rights, ... Still, the SDR system has been largely successful, with the IMF allocating ... «Investopedia, Apr 15»
9
China seeks yuan IMF currency basket role
It hopes the yuan will become part of the IMF's "special drawing rights" (SDR) assets "in the foreseeable future", said vice central bank governor Yi Gang. «SBS, Mar 15»
10
Is now the time to include the RMB in the SDR basket?
The Special Drawing Rights (SDR) is an international reserve asset used to supplement IMF member countries' official reserves. Its value is based on a basket ... «East Asia Forum, Feb 15»

REFERENCE
« EDUCALINGO. Special drawing rights [online]. Available <https://educalingo.com/en/dic-en/special-drawing-rights>. Apr 2024 ».
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