TERMIUM Plus®

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

EIGHTEEN PER CENT CURRENCY [1 record]

Record 1 1998-06-06

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

The capital paid to the [World] Bank by a member country in its own currency.

OBS

Members have to pay in 20% of their initial shares, of which 2% is in gold and 18% in the national currency. This is the 18% currency. though subsequent capital increases have required a lower national currency payment, this amount is still called 18% currency.

Key term(s)
  • eighteen per cent currency

French

Domaine(s)
  • Politique monétaire et marché des changes
Key term(s)
  • monnaie des dix-huit pour cent

Spanish

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

Monto del 18% pagado por un miembro en su moneda.

Key term(s)
  • moneda de los dieciocho
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