Definition, Meaning & Synonyms
black-gold
noun
/blæk ɡoʊld/
Definition
A term commonly used to refer to oil, particularly crude oil, which is a vital energy resource and has a significant impact on economies.
Examples
- Many countries have adjusted their economies to be dependent on black-gold exports.
- The discovery of black-gold in the region transformed it into a boomtown.
- She invested in companies involved in black-gold extraction to diversify her portfolio.
Meaning
The term highlights the economic value of oil, comparing it to gold due to its importance and worth in various industries.
Synonyms
- crude oil
- petroleum
- black crude
