International Monetary Fund
International Monetary Fund
noun
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
The IMF is composed of 184 countries. It is managed by an Executive Board consisting of 24 Executive Directors, head-quartered in Washington, D.C. Its Executive Board meets as least three times a week in formal sessions. Today, the IMF has three main functions. One is to appraise its membersÂ’ exchange rate policies, in what is called an Article IV consultation. The IMF surveys its membersÂ’ economic and exchange rate policies because it believes this will lead to stable exchange rates and a growing world economy. The IMF also provides financial and technical assistance to member countries.
Browse dictionary entries near International Monetary Fund
- International Mobile Telecommunications-2000
- international law
- International Information Infrastructure
- international gateway facility
- International Fisher Effect
- International Finance Corporation
- international equity funds
- International Electrotechnical Commission
- International Direct Distance Dialing
- International Development Association
- international Morse code
- International Multimedia Telecommunications Consortium
- International Organization for Standardization
- International Petroleum Exchange of London Ltd.
- International Phonetic Alphabet
- international pitch
- International Record Carrier
- International Style
- International Swap Dealers Association
- International System of Units
