International Monetary Fund
- Proper noun:
- An international financial institution: The International Monetary Fund (IMF) is a major United Nations specialized agency. Its primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to transact with each other. It does this by promoting trade through policies aimed at achieving exchange rate stability for major global currencies.
- Proper noun:
- The country sought financial assistance from the International Monetary Fund to stabilize its economy.
- A key function of the International Monetary Fund is to provide policy advice and financing to member countries in economic difficulty.
- The International Monetary Fund regularly publishes reports on global economic prospects.
"IMF program": Refers to a package of financial support and economic policy conditions agreed upon between the IMF and a borrowing member country.
- The government is negotiating an IMF program to address its balance of payments crisis.
"IMF quota": Refers to the financial contribution a member country makes to the IMF, which determines its voting power and access to financing.
- The country's IMF quota was increased to reflect its growing role in the world economy.
IMF (abbreviation): The universally used acronym for the International Monetary Fund.
- The IMF will hold its annual meetings next week.
Fund (noun, in this context): Often used informally as a shortened reference to the IMF itself.
- The negotiations with the Fund are ongoing.
- International financial institution: A broad category that includes the IMF, the World Bank, and regional development banks.
- Bretton Woods institution: A historical term linking the IMF (and the World Bank) to the 1944 conference where they were conceived.
IMF conditionality: The set of economic policies a country must agree to follow to receive IMF financial resources.
- The loan was approved, but it came with strict IMF conditionality.
IMF surveillance: The process by which the IMF monitors the economic and financial policies of its member countries.
- The article discussed the findings of the latest IMF surveillance report on the eurozone.
Special Drawing Rights (SDR): An international reserve asset created by the IMF to supplement its member countries' official reserves.
- The IMF allocated new Special Drawing Rights to help countries during the global crisis.
Balance of payments: A key economic indicator the IMF focuses on, which summarizes a country's transactions with the rest of the world.
- The International Monetary Fund provides loans to members facing balance of payments problems.
- a United Nations agency to promote trade by increasing the exchange stability of the major currencies