---
title: "What is Special drawing right? | Benefit Systems"
description: "A special drawing right is an international unit of account used by the IMF, in which baggage liability limits are expressed."
source: "aus dem gebauten HTML abgeleitet"
---
# What is Special drawing right?

A special drawing right is an international unit of account used by the IMF, in which baggage liability limits are expressed.

Also called: SDR.

## How it works #

The unit bundles several currencies and moves against the euro, so a baggage liability cap is not a fixed sum but converted daily. In practice that means the exact ceiling only emerges on the day of settlement, and published euro figures are always approximations tied to a date.

## Not to be confused with #

A special drawing right is not a currency for payments: it serves only as a unit of account for liability limits in international treaties.

## In German #

The German term is Sonderziehungsrecht. [German version of this term](/de/glossar/sonderziehungsrecht)

## Related terms #

- [Montreal Convention](/en/glossary/montreal-convention): The Montreal Convention is an international treaty governing airline liability for baggage, delay and personal injury on international journeys.
- [Baggage liability](/en/glossary/baggage-liability): Baggage liability is an airline’s obligation for delayed, damaged or lost luggage, capped at a maximum amount per passenger.
- [Property irregularity report](/en/glossary/property-irregularity-report): A property irregularity report is the record filed at the airport for missing or damaged baggage and the basis of every later claim.

## Articles that use this term #

- [How much is an airline liable for your luggage?](/en/knowledge/baggage-liability)
- [How long do you have to report damaged luggage?](/en/knowledge/damaged-baggage-deadlines)