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international monetary fund meaning

"international monetary fund" in a sentence

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  • Noun: International Monetary Fund
    1. A United Nations agency to promote trade by increasing the exchange stability of the major currencies
      - IMF

    Type of: UN agency, United Nations agency

    Encyclopedia: International Monetary Fund


  • [Economics]
    = IMF

    An international organization set up by the Bretton Woods Conference and established in 1947. Its remit is to enhance stability and convertibility in the international monetary system. The Fund assists members by supplying the amount of foreign currency it wishes to purchase in exchange for the equivalent amount of its own currency. The member repays this amount by buying back its own currency in a currency acceptable to the Fund, usually within three to five years. High levels of borrowing are conditional on the implementation of IMF suggested policies for a country. The Fund is financed by subscriptions from its members, the amount determined by an estimate of their means.International liquidity was enhanced by its creation of special drawing rights in 1970. Voting power is related to the amount of the subscription - the higher the contribution the higher the voting rights. The head office of the IMF is in Washington.

    See also:

    conditionality.

Examples

  • The international monetary fund bailed them out.
  • He rejected the austerity program advocated by the international monetary fund.
  • Balance-of-payments deficits are increasingly financed by special drawing rights at the international monetary fund.
  • Source : international monetary fund database
  • Board of governors of the international monetary fund
  • Executive board of international monetary fund
  • international monetary fund report, october 1998
  • Crisis of international monetary fund
  • Speaker : dr . shang-jin wei, international monetary fund
  • international monetary fund and the world bank group
  • More examples：  1  2  3  4  5

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What is the meaning of international monetary fund and how to define international monetary fund in English? international monetary fund meaning, what does international monetary fund mean in a sentence? international monetary fund meaning，international monetary fund definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.