An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term balance of payment problems. The New York Times Financial Glossary
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( IMF)
An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term balance of payment problems. Bloomberg Financial Dictionary
website: www.imf.org
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International Monetary Fund ˌInternational ˈMonetary ˌFund abbreviation IMF noun FINANCE ORGANIZATIONS
an international organization that lends money to countries having difficulties with their balance of payments (= the difference between amounts of money coming into and going out of a country). If a country's difficulties are severe, the IMF has the right to tell it to change its economic policies as a condition for more lending
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► See IMF.
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International Monetary Fund UK US noun (ABBREVIATION IMF)
► FINANCE, ECONOMICS, GOVERNMENT an international organization that checks on economic developments in member countries, encourages international trade, and helps and advises poorer countries or countries that are having economic problems: »
The country has won praise from the World Bank and International Monetary Fund for its economic turnaround.
Financial and business terms. 2012.