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World Bank

This refers to the United Nations agency responsible for providing loans for infrastructure projects to developing nations. The official name of the World Bank is the International Bank for Reconstruction and Development (IBRD). its official goal is to reduce poverty. World Bank is a term normally found in business economics and financial management

IMF

This refers to the International Monetary Fund, a United Nations agency. The IMF is responsible for promoting exchange rate stability, promoting monetary co-operation and dealing with Balance of Payments adjustments, and providing international coordination to responses to financial crises. IMF is a term normally found in business economics and financial management.

GATT

This refers to the General Agreement on Tariffs and Trade. GATTwas established in 1947 in order to overcome significant international barriers to trade which existed at the time. It instituted a rule-based multilateral system for trade in both goods and services through a series of negotiations (called ’rounds’). In 1995 GATT was replaced by World… Read more

Eurobonds

This refers to bonds issued or traded in a country which uses a currency other than the one in which the bond is denominated. Eurobonds relates to bonds in any non-native currency, despite its name it is not related to the Euro. Eurobonds is a term normally found in financial management and business economics.

Eurocurrency

This refers to funds deposited in a bank which are denominated in a currency different to the bank’s own domestic currency. Eurocurrencyrelates to funds in any non-native currency, despite its name it is not related to the Euro. Eurocurrency is a term normally found in financial management and business economics.

Eurocredit

This refers to credit provided in a currency other than the currency of the central bank of the lender. Eurocredit relates to credit in any non-native currency, despite its name it is not related to the Euro. Eurocredit is a term normally found in financial management and business economics.

International Capital Market

This refers to the financial systems which cross national boundaries and are involved in raising capital by dealing in shares, bonds, and other long-term investments. International Capital Markets are global markets for trading equity and debt instruments. they include both primary markets, where new stock and bond issues are sold to investors, and secondary markets,… Read more

Currency Deflation

This refers to a period when less money becomes available without a drop in production. Currency Deflation can cause the exchange rate of the currency to fall, making imports more costly and affecting the economy’s balance of payments. Currency Deflation is a term normally found in business economics and financial management.

Dirty Rate

In business economics, this refers to the management of currency exchange rates through a combination of floating rates and intervention. Dirty Rates, also known as Dirty Floating Rates, combine elements of floating and fixed rates. Whilst the rates are floating, intervention is undertaken to limit differences between the currencies (similar to fixed rates). Dirty Rates… Read more

Floating Rate

In business economics, this refers to a currency exchange rate where currency values are free to move against each other. Changes in floating exchange rates reflect the relative supply and demand for the currencies and their broader economic position. Floating Rate is a term normally found in business economics and financial management.