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reserve tranche

noun

  1. the quota of 25 per cent to which a member of the IMF has unconditional access. Prior to 1978 it was paid in gold and known as the gold tranche
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

A country can draw up to its "Reserve Tranche Position".

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