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stabilization fund
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stabilization fund
noun
a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange.
Also called equalization fund, exchange equalization fund, exchange stabilization fund.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Stabilization fund
is always a great word to know.
So is gobo. Does it mean:
| a screen or mat covered with a dark material for shielding a camera lens from excess light or glare. |
| a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison. |
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