TERMIUM Plus®

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

FISCAL DOMINANCE [1 record]

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Record 1 2024-01-25

English

Subject field(s)
  • Taxation
  • Banking
  • Government Accounting
CONT

Fiscal dominance occurs when central banks use their monetary powers to support the prices of government securities and to peg interest rates at low levels to reduce the costs of servicing sovereign debt.

French

Domaine(s)
  • Fiscalité
  • Banque
  • Comptabilité publique
DEF

Contrainte exercée par la politique budgétaire d'un État sur la politique monétaire d'une banque centrale, qui amène celle-ci à participer au financement des dépenses publiques, au risque de ne pas respecter ses propres objectifs, notamment la maîtrise de l'évolution des prix.

OBS

La dominance budgétaire peut se traduire notamment par le rachat de titres de la dette publique par la banque centrale.

OBS

dominance budgétaire : désignation et définition publiées au Journal officiel de la République française le 1er juillet 2023.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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