Glossary of Selected Financial Terms

List of terms

Last Updated: October 31, 2006

A
Access Limits
Access Policy
Accounting Unit
Accounts, IMF
Adequate Safeguards
Adjustment Program
Administered Accounts
Advance Repurchase
Aid
Amendments to the Articles of Agreement
Amortization
Arrangement
Arrears
Article IV Consultation
Articles of Agreement
B
Balance of Payments (BOP)
Basic Period
Basic Rate of Charge
Benchmarks
BOP -- Balance of Payments
Broad Money
Budget
Burden Sharing
C
Capital Account
CFF -- Compensatory Financing Facility
Commitment Fee
Compensatory Financing Facility (CFF)
Conditionality
Consumer price index (CPI)
Convertibility
CPI -- Consumer price index
Credit Tranche Policies
Creditor Position in the IMF
Cross Conditionality
CrossConditionality
Cross-Conditionality
Currency Holdings
Current Account
D
Debt
Debt Relief
Debt Service
Default
Depository and Fiscal Agency
Designation Plan
E
Early Repurchase
Early Repurchase Expectation
Emergency Financing Mechanism
Emergency Post-conflict Assistance
Emerging Market
Emerging Markets
Enhanced Structural Adjustment Facility (ESAF)
Enhanced Surveillance Procedure
ESAF -- Enhanced Structural Adjustment Facility
Exchange Rate
Exchange Rates
Excluded Holdings
Extended Arrangement
Extended Burden Sharing
Extended Fund Facility
External Debt
F
FDI -- Foreign Direct Investment
Financial Transactions Plan
Financing Assurances
First Credit Tranche Purchase
Floating Facilities
Foreign Direct Investment (FDI)
Foreign Exchange
Freely Usable Currency
G
GAB -- General Arrangements to Borrow
GDP -- Gross Domestic Product
General Arrangements to Borrow (GAB)
General Department
General Resources
General Resources Account (GRA)
Globalisation
Globalization
GNP -- Gross National Product
GRA -- General Resources Account
Gross Domestic Product (GDP)
Gross National Product (GNP)
H
Heavily Indebted Poor Countries Initiative (HIPC)
HIPC -- Heavily Indebted Poor Countries Initiative
Holdings Rate
I
IBRD
IMF -- International Monetary Fund
Inflation
Interest
Interest Rate
International Monetary Fund (IMF)
Investment
Investments
L
Letter of Intent (LOI)
LIBOR
Liquidity Ratio
LOI -- Letter of Intent
M
M1
MDRI -- Multilateral Debt Relief Initiative
Money
Money Supply
Moral Hazard
Multilateral Debt Relief Initiative (MDRI)
N
NAB -- New Arrangements to Borrow
Narrow money
Net Cumulative SDR Allocations
New Arrangements to Borrow (NAB)
Nominal effective exchange rate
Noncomplying Purchase
Non-complying Purchase
Norm for Remuneration
O
Official Development Assistance (ODA)
Operations
Ordinary Resources
Outright Purchase
P
Performance Criteria
Periodic Charges
Phasing
Postconflict Assistance
Poverty Reduction and Growth Facility (PRGF)
PPP -- Purchasing Power Parity
Precautionary Arrangement
Precautionary Balances
Prescribed SDR Holder
PRGF -- Poverty Reduction and Growth Facility
Program Monitoring
Purchases and Repurchases
Purchasing Power Parity (PPP)
Q
Quota
Quotas
R
RAP -- Rights Accumulation Program
Rate of Interest
Rate of Remuneration
Real Effective Exchange Rate
Remunerated Reserve Tranche Position
Remuneration
Representative Rate
Reserve Position in the IMF
Reserve Tranche Position
Rights Accumulation Program (RAP)
Rights Approach
S
SAF -- Structural Adjustment Facility
Safeguards Assessment
SDR -- Special Drawing Right
SDR Department
SDR Interest Rate
Self Financing PRGF
Self Sustained PRGF
Self-Financing PRGF
Self-Sustained PRGF
Service Charge
SMP -- Staff Monitored Program
Sovereign debt
Special Charges
Special Contingent Accounts
Special Drawing Right (SDR)
SRF -- Supplemental Reserve Facility
Staff Monitored Program (SMP)
Standby Arrangement
Stand-By Arrangement
Structural Adjustment
Structural Adjustment Facility (SAF)
Supplemental Reserve Facility (SRF)
Surveillance
T
Tranche
Transactions
Transactions by Agreement
Transparency
U
Upper Credit Tranches
Use of IMF Credit
Use of IMF Resources
V
Valuation Adjustment
W
World Bank