International Monetary Fund
- International Monetary Fund
A specialized agency of the United Nations established in 1947 to promote stability and convertibility in the international monetary system. The Fund assists any member experiencing short-term balance of payments difficulties 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. The organization has a weighted voting system in which the larger countries have more votes. The day-to-day working of the IMF is carried on by an executive board representing the Fund's 184 members; this is based in Washington.
Accounting dictionary.
2014.
Look at other dictionaries:
International Monetary Fund — n. an international organization, established by the United Nations, to promote monetary cooperation, international trade, and exchange stability and to help equalize balance of payments by allowing members to draw from its fund … English World dictionary
International Monetary Fund — (IMF) An international organisation founded in 1944 to promote international monetary co operation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial … Law dictionary
International Monetary Fund — [ɪntə næʃnl mʌnɪtərɪ fʌnd], Abkürzung IMF [aɪem ef], der Internationale Währungsfonds … Universal-Lexikon
International Monetary Fund — International Monetary .Fund n the ↑IMF … Dictionary of contemporary English
International Monetary Fund — an international organization that promotes the stabilization of the world s currencies and maintains a monetary pool from which member nations can draw in order to correct a deficit in their balance of payments: a specialized agency of the… … Universalium
International Monetary Fund — Infobox Central bank bank name = bank name in local = International Monetary Fund image 1 = IMF.png image title 1 = IMF member states in green headquarters = Washington, D.C., USA president = Dominique Strauss Kahn leader title = Managing… … Wikipedia
International Monetary Fund — An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short term balance of payment problems. The New York Times Financial Glossary ( IMF) An organization… … Financial and business terms
International Monetary Fund — Hauptsitz des IWF in Washington D. C. Der Internationale Währungsfonds (Kürzel IWF bzw. IMF von englisch International Monetary Fund) ist eine Sonderorganisation der Vereinten Nationen. Er ist eine Schwesterorganisation der … Deutsch Wikipedia
International Monetary Fund, the — International Monetary ,Fund, the the IMF … Usage of the words and phrases in modern English
International Monetary Fund — IMF An international organization established in 1947 to enhance stability and convertibility in the international monetary system. The Fund assists any member experiencing short term balance of payments difficulties by supplying the amount of… … Big dictionary of business and management