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stabilization fund
noun
- a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange.
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Example Sentences
Another option: to delay repayment of the district’s economic stabilization fund, otherwise known as the rainy day fund, that helps protect the district against unforeseen circumstances.
From Seattle Times
"However, there are considerable risks associated with the Economic and Stabilization Fund."
From Reuters
"However, there are considerable risks associated with the Economic and Stabilization Fund."
From Reuters
News reports have also suggested that regulators are looking at other mechanisms of acting without Congress, specifically by tapping into the Exchange Stabilization Fund.
From New York Times
Senator Bill Hagerty of Tennessee told Yellen during the hearing that it would be a “misuse” of the stabilization fund.
From Seattle Times
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