International Monetary Fund (IMF)

International Monetary Fund (IMF) definition - business

International Monetary Fund (IMF)

An international financial agency that is affiliated with the United Nations and has as goals the stabilization of foreign exchange rates, the lowering of trade barriers, and the correction of trade imbalances among countries. The IMF, which was established in 1944, works with countries much as a credit counselor works with individuals having financial difficulties.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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