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 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. Voting power is related to the amount of the subscription. The head office of the IMF is in Washington. See also conditionality

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  • 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

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  • 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 — IMF 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 …   Accounting dictionary

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