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Definition: Special contingent accounts
Category: IMF terminology
Accounts established to hold precautionary balances in order to strengthen the International Monetary Fund (IMF)’s financial position in connection with members’ overdue financial obligations. http://www.imf.org/external/np/exr/glossary/showTerm.asp
Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
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