TERMIUM Plus®

From: Translation Bureau

On social media

Consult the Government of Canada’s terminology data bank.

OVERSUPPLY DOLLARS [1 record]

Record 1 2017-08-31

English

Subject field(s)
  • Economic History
  • National and International Economics
  • Foreign Trade
DEF

A situation in which gold and currency reserves leave the United States at such a rate that the nation suffers a balance of payments deficit.

OBS

This situation occurred in the late 1950s and prevailed through the 1960s into the mid-1970s, beginning at first with large-scale foreign aid programs following World War II, continuing with heavy military spending abroad, and climaxing with greatly increased direct investments abroad... As a result, the dollar was overvalued in relation to other currencies-that is, there was an oversupply of dollars and a shortage of foreign currencies-and consequently had to be devalued(as it was in 1971 and 1973).

Key term(s)
  • oversupply of dollars

French

Domaine(s)
  • Histoire de l'économique
  • Économie nationale et internationale
  • Commerce extérieur
CONT

Dans un premier temps, 1945-1960, le dollar fut rare (dollar gap) et ne fut donc pas contesté. Dans un second temps à partir des années 60, le déficit de la balance des paiements américaine créa une abondance de dollars qui justifia des demandes de conversion en or.

Spanish

Campo(s) temático(s)
  • Historia de la economía
  • Economía nacional e internacional
  • Comercio exterior
DEF

Salida de divisas de EE.UU. de tal modo que implica déficit de la balanza de pagos.

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2026
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

GCtranslate (available on the Government of Canada network only)

Use this artificial intelligence prototype to translate Government of Canada content up to and including Protected B. Available to employees of selected departments and agencies only.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: