TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CLAUSE-OR [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2017-09-07

English

Subject field(s)
  • Currency and Foreign Exchange
  • Loans
DEF

A clause in an agreement which offers the lender repayment in terms of the price of gold equivalent to the currency at the time the loan was made. In times of devaluation, such a clause is a hedge against inflation. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Prêts et emprunts
DEF

[...] stipulation tendant à assurer la stabilité du pouvoir d'achat d'une créance ou d'une obligation déterminée, par référence à un poids d'or.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Préstamos
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