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GOLD LOAN [3 records]

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
Save record 1

Record 2 2012-08-23

English

Subject field(s)
  • International Bodies and Committees
  • Banking
DEF

International bank created in Basel with the aim of collecting and administering German war reparations after the First World War. Today, one of its main functions consists of debt and loan compensation between countries, acquiring and re-selling bonds, gold and foreign currency.

OBS

Bank for International Settlements: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

Key term(s)
  • International Settlement Bank

French

Domaine(s)
  • Organismes et comités internationaux
  • Banque
DEF

Banque internationale créée à Bâle dans le but de faire payer et d'administrer les réparations de guerre de l'Allemagne après la première guerre mondiale. De nos jours, l'une de ses principales fonctions consiste à compenser les dettes et les crédits entre les pays en achetant et en revendant des titres, or et devises.

OBS

Définition extraite du CAPITAL Business Dictionary et reproduite avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Organismos y comités internacionales
  • Operaciones bancarias
DEF

Banco internacional creado en Basilea con la finalidad de cobrar y administrar las reparaciones de guerra de Alemania tras la Primera Guerra Mundial. En la actualidad una de sus funciones principales consiste en la compensación de deudas y créditos entre países adquiriendo y revendiendo, títulos, oro y divisas.

OBS

Banco de Pagos Internacionales: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

Save record 2

Record 3 2004-09-24

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

A country's reserve position in the Fund equals the sum of its gold tranche position and its readily repayable claims on the Fund under a loan agreement.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
Save record 3

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