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16th Conference of the Parties to the United Nations Framework Convention on Climate

Change
COP 16

1977 Decision on Surveillance over Exchange Rate Policies


1977 Surveillance Decision

AAA debtor

AAA rating
triple-A rating

above face value


[securities]
above par
above par value
at a premium

above par value

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

above the line

above-the-line item
[budget]

above-the-line entry

absolute advantage

absorptive capacity

absorption capacity

accelerated purchase

accelerated rate of depreciation


accelerated depreciation

acceleration clause

acceptance credit

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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( )

acceptance limit
[SDR designation]

acceptance of membership

[BL]

access limit
[IMF]

access policy
[IMF]

access to a facility
[IMF]

Accord Implementation Group

AIG

accountability
[GFSM]

accounting concept

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

accounting equation
balance sheet equation

accounting identity

accounting practices
accounting methods

accounting procedures

accounting rate
book rate

accounting unit
accounting entity

accounts of the IMF in member countries

IMF accounts in member countries

accounts payable
payables

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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accounts receivable

Accra Agenda for Action

AAA
Triple A

accrual basis

accrual basis accounting


accrual accounting

accruals
[accounting]

accrued charges
[IMF]

accrued income
accrued revenue
accrued asset

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

accrued interest

accumulated depreciation
accrued depreciation

acid-test ratio
[USA]
quick asset ratio
quick ratio
cash ratio
[corporations]
absolute liquid ratio

ACP-EEC Convention (between the African, Caribbean, and Pacific States and the

European Economic Community)


Lom Convention

acquaintance mission
[IMF]
exploratory mission

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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grandfather clause

acquisition of SDRs

acquired rights clause

[IMF]

act of consent
[IMF quotas]

act of God
natural disaster

..

Acting ...
[IMF]

activate

active claim

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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activist policy
discretionary policy

active policy

activity report
[IMF]

actual final consumption

actual income

actual interest yield


effective yield

actual rate of return

actuarial reserve

[insurance]

actuarial valuation
actuary's valuation

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

ad hoc quota boosters

ad hoc quota increase

ad hoc request
[IMF quotas]

ad valorem
[taxation]

Adaptation Fund

adaptive expectations

adequacy of financing

adequacy of reserves

reserves adequacy

adequate safeguards
[IMF]

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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adjustable rate
floating interest rate

floating rate
variable rate
variable-rate interest

adjustment equation

adjustment fatigue

adjustment of charges

[IMF]

adjustment of quotas

[IMF]

adjustment path

adjustment process

adjustment program

[IMF]

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IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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adjustment to cash basis


[IFS]

adjustment to cash

adjustment transaction

[GFS 1986]

adjustment with growth

Administered Account - country

( )

[IMF - contribution from a country]

administered price
controlled price

administrative price

administration of control

[AREAER]

administration of restrictions
[IMF]

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IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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administrative action

administrative budget

[IMF]

Administrative Division

[INS/AV]

administrative expenses

[IMF]
administrative costs

administrative receivership

[insolvency, UK]

Administrative Services

[TGS/D]

advance deposit
import deposit

12

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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advance mission
[IMF]

advance redemption
advance repayment

advanced economy

adverse feedback loop


negative feedback loop

adverse selection
[banking; insurance]

Advisor on Diversity, Senior

[IMF-HRD]

Advisor to the Executive Director

[IMF-OED]

Advisor
[IMF]

13

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advisory report
[IMF]

affiliated enterprise

affiliate

affluent society

Africa Action Plan


[G-8]
G8 Africa Action Plan
Kananaskis Africa Action Plan

Africa Capacity Building Initiative

[IMF]

Africa Regional Division

[MCM/R1]

( )
( )

African Caucus
[IMF]

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African Department

[IMF]
AFR

African Development Bank

AfDB
ADB

African Development Fund

AfDF
ADF

African Financial Community

[BCEAO]
CFA

African Forum and Network on Debt and Development


AFRODAD

African Group
[IMF-IBRD]
Group of African Governors
African Caucus

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African peer review mechanism

[NEPAD]
APRM

African Regional Technical Assistance Center

AFRITAC

African Union
AU

African, Caribbean and Pacific Group of States

ACP Group
ACP States

after taxes

agency

agency bond

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agency fee
[capital market]

Agency for International Development

[USA]
AID
USAID

agency transaction

[GFS 1986]

Agenda and Procedures Committee

[IMF]
APC

agent


[1993 -]

agent's fees
[BPM5]

agflation

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IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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aggregate calculated quota share

aggregate demand

aggregate real gross national product

aggregate real GNP

aggregate real private investment

aggregation bias

aggregation, degree of

aggregator bank
bad bank

aging of the population


aging population

agreed minute
[Paris Club]

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Agreement on Subsidies and Countervailing Measures

[WTO]
ASCM

agreement, use by

[SDR]

agricultural exporter

agricultural extension services

agricultural extension
extension services

aid effectiveness

aid flows

Aid for Trade

aid fragmentation

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aid-dependence syndrome

aide-mmoire
[IMF]

allocate

allocation

allocation mechanism

allocation of SDRs

SDR allocation

allocative efficiency of resources


Pareto efficiency
Pareto optimal
Pareto optimality
Paretian optimality

allotted number of votes


[IMF]

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English
alternative measure of variability

amended Articles of Agreement


][IMF
Articles of Agreement as amended

) (

)amendment (to the Articles of Agreement


][IMF

] [1993-

amendment
][SNA93

AML supervisory principles

) (

amortization

amortization profile

) (

amount of access
][IMF

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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amount outstanding

amount payable forthwith

anchor
[monetary policy]

ancillary meetings
[IMF-IBRD Annual Meetings]

ancillary services

annual arrangement

[ESAF, PRGF]

Annual Bank Conference on Development Economics


[World Bank]
ABCDE

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Annual Meetings (of the Boards of Governors) of the International Monetary Fund and
the World Bank

[IMF-World Bank]
Annual Meetings of the Board of Governors
Annual Meetings

annual rate of basic pay

Annual Report of the Executive Board

[IMF]

Annual Report

Annual Report on Exchange Arrangements and Exchange Restrictions

[IMF; publication not translated]


AREAER
ARER

Annual Report on Portfolio Performance

[IBRD]
ARPP

annuity

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IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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anticipated growth rate

anticyclical reserve fund

anticyclical tax

antidumping duty

anti-money laundering

AML

anti-money laundering/combating the financing of terrorism

AML/CFT

apex institution

application for membership

[IMF]

appointed Executive Director


[IMF]

24

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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apportionment of appropriations

[USA]

( )

appreciate

appropriation

appropriation ceiling

appropriation-in-aid

[budget]

Arab accounting dinar

[AMF]
AAD

Arab Bank for Economic Development in Africa

ABEDA
BADEA

Arab Fund for Economic and Social Development


AFESD

25

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arab Monetary Fund

AMF

arbitrager
arbitrageur

arbitration clause

area department

[IMF]

arithmetic mean
mean

arm's length
[trade]

arrangement
[IMF]

arrangements

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arrears country
[IMF]
country with payment arrears

Article IV consultation discussions

[IMF]
consultation discussions

Article IV consultation

[IMF]

Articles of Agreement of the International Monetary Fund


[IMF]

Articles of Agreement
Fund Agreement
Articles of the Fund

artificial person
legal entity
corporation
corporate body

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artisanal industry
cottage industry

Asia and Pacific Department

[IMF]
APD

Asia and Pacific Regional Division

[MCM/R2]

Asian Development Bank

AsDB
ADB

" "
""

Asian noodle bowl

28

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Asia-Pacific Economic Cooperation forum


APEC

APEC Council
APEC Forum
Asia-Pacific Economic Cooperation
Asia-Pacific Economic Cooperation Council
Asia-Pacific Economic Forum

assessment letter
[IMF]
comfort letter
assessment statement

assessment mission

[IMF-IBRD]

Assessment of Financial Sector Supervision and Regulation

AFSSR

assessment roll
[taxation]
assessment list

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assessment
[SNA93]

assessor
[taxation]

asset

asset liability management

ALM

asset operation

asset redemption

asset-backed commercial paper

ABCP

asset-backed securities
ABS

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Assistant to the Director

[IMF]

Assistant to the Secretary

[IMF-SEC]

associated borrowing arrangement


[IMF, GAB]

associated agreement

associated enterprise
associate

associated company

Association of Southeast Asian Nations

( )

ASEAN

Atlantic Division
[WHD/AT]

attendance list

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IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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attrition rate

auction rate
][exchange rates

auction-rate security
ARS

audit committee

audit office
auditing department

audit opinion

audit
auditing

audited financial statements

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Auditor
[IMF-OIA]

Auditor, Senior
[IMF-OIA]

augmented resources
[IMF]

augmented Fund resources

authorized bank
[exchange market]

authorized capital

automatic release warrant

automatic stabilizer
built-in stabilizer

autoregressive conditional heteroscedasticity model


ARCH Model

33

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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average daily balance

average-inflation country

avoidance of cross-conditionality

[IMF]

back office

background paper

backloaded stimulus package

back-loading
[IMF]

backtest
[bank supervision]
backtesting

34

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back-to-back credit
back-to-back loan

back-to-back missions

[IMF]

back-to-office report
BTO


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forty-eight-hour report
debrief
[IMF]

backward shifting

bad asset

bad asset overhang

bad loan
bad debt
[accounting]

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( )

bail in

( )

bailout
rescue

Balance of Payments and External Debt Division I, II

()( )

[STA/A1, A2]

Balance of Payments Compilation Guide

balance of payments constraint

balance of payments financing

Balance of Payments Manual

[IMF]
BPM

balance of payments need


[IMF]

36

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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balance of payments position


payments position

balance of payments statistics

BOP statistics

balance of payments surplus

balance of payments test

[IMF]

balance of payments

[IFS; SNA93]

balance of risks

balance of trade

trade balance
[IFS]

balance sheet approach to financial crisis


balance sheet approach

37

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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balance sheet cleansing

balance sheet clean-up

balance sheet mismatch

balance sheet vulnerabilities

balance sheet
general balance sheet
statement of financial position
statement of financial condition

statement of condition
statement of assets and liabilities
balance sheet statement

balanced distribution of holdings

[IMF]

balanced positions
[IMF]

balancing item

38

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balancing statement

[SNA]

Bali Action Plan

Bali Roadmap

balloon loan

bank advisory committee


[London Club]
advisory committee

steering committee

bank assessment

bank call report form

bank report form


report form
[IFS]

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bank call report


call report

bank cash ratio

bank examination

Bank for International Settlements

BIS

bank liquidity ratio

bank money

Bank of Central African States

BEAC

bank of issue
currency issuing agency

bank secrecy

40

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bank supervision
banking supervision

bank supervisors

Bank/Fund Conferences Office


][SEC/AI/BF
BFCO

banker's acceptance
bank acceptance

bankers' bank

bankers' deposit
][central bank

)(

bankers' reserves

banking authorities

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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banking soundness

banking survey
[GMBS; IFS]

banking
banking sector

banklike institutions, other

[GMBS]

bankruptcy

bankruptcy law

bar
[gold]

bargaining power

42

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barrier to entry
[trade]

barter

barter economy

base money
monetary base
reserve money
central bank money

high-powered money

base period

Basel Capital Accord

[BIS]

Basel capital
[MPI]

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Basel Committee on Banking Supervision


BCBS

Basel Committee
Cooke Committee

Basel II
[BIS]

baseline projection

baseline scenario
[IMF]
reference scenario
RS

benchmark scenario
trend scenario
business-as-usual scenario
BAU
nonintervention scenario

base-to-income elasticity

44

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base-weighted price index


base-weighted index

Laspeyres index
[FSIG]

basic balance
[BPM5]

basic foodstuffs
staples

basic period
[IMF]

basic rate of charge

[IMF]

basic vote
[IMF]

basis of assessment

45

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basis of reporting

basis point
BPS

basket peg
basket pegging
composite peg

bear market
[securities exchange]

bearish market

bearer instrument
bearer paper
bearer security

before taxes
pretax

beggar-my-neighbor policy
beggar-thy-neighbor policy

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behavior variable

behavioral economics

behavioral equation

below the line


[BPM5, GFS 1986]

below-the-line item

benchmark bond index

[IMF]

benchmark
[IMF, PRGF]
performance benchmark

benefit
benefits

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benign neglect

best estimate

best practices

BP

better-policies scenario
[WEO]

best-policies scenario
optimistic scenario

( )

bias
[statistics]

biased estimator

biased
[statistics]

48

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bicyclic procedure
[IMF consultations]

bi-cycle

bid price

( )

bid-ask spread

( )

[FSIG; MPI]

bidder
tenderer

bid-offer spread
[exchange rates]

biennial consultation

[IMF]

biennial surveillance review


BSR
Biennial Review of Surveillance

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bilateral central rate


[EMS]

bilateral creditor
[HIPC Initiative]

bilateral payments agreement


[GMBS]

bilateral payments arrangement

bilateral surveillance
[IMF]

Article IV surveillance

bilateral swap lines for foreign exchange liquidity / Temporary reciprocal currency
arrangement / swap line

bilateral trade weight

/ / / /
/

bill

50

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billion
[IMF-IBRD; USA]

binding

bipolar view

blended GDP variable

blending of resources

blocked account
[GMBS]

blue chip
gilt-edged security
[GBR]

Board Discussion

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Board of Executive Directors

[WB]
Board

Board of Governors of the Federal Reserve System


[USA]

Federal Reserve Board


FRB

Board of Governors

[IMF]

board seminar

bond

bond market
fixed-income market

bond portfolio
holdings of bonds

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bond warrant
debt warrant

bonded good

bonus interest rate

bonus share
bonus stock

book profit

book-entry security
paperless security

border tax adjustment

border trade

border worker

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borrow short and lend long

Borrowed Resources Suspense Accounts

[IMF]
BRSA

borrowed resources

[IMF]

borrowing arrangement

[IMF]
borrowing agreement

borrowing capacity

borrowing rate

borrowing ratio

[IMF borrowing]

borrowing requirement

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borrowing-quota ratio

[IMF borrowing]

bottleneck inflation

bottom out

bracket creep
[taxation]
bracket progression

" "

Brady Plan

branch

[1993 - ]

Brazil, Russia, India and China Club

" "

BRIC Club

break-even inflation

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break-even point

Bretton Woods Institutions

BWI

Bretton Woods system

[exchange rates]

bridge table
[statistics]

briefing

briefing note

broad financial market

broadening of the tax base

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broadly defined money supply


broad money
money broadly

broker
stockbroker


[1993 - ]

brokerage fee
brokerage

Brussels Office
[IMF-EUR]
EUO/BR

" "

bubble economy

budget appropriation process


budget appropriation
appropriation
budgetary appropriation
budgetary appropriation process

57

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budget constraint

budget cut

budget deficit
budget gap

budget estimate
budget forecast

budget execution

budget framework law

budget institution
budgetary unit
spending agency
spending department
spending unit

budget law
approved budget

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budget outturn
budget performance

budget proposal
[GFS 1986]
draft budget
budget bill

Budget Reform Division

[OBP/BR]

budget savings

Budget Strategy Division

[IMF-OBP/BS]

budget universality principle


general budget rule

budget year

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budgetary balance

budgetary equilibrium

budgetary expenditure
budgetary outlay

fiscal expenditure

budgetary financing gap


budgetary gap

budgeted funds

budgeting

/
/
/

budgetization

)(

fiscalization

( )

buff (paper)
[IMF]
buff statement

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Buffer Stock Financing Facility

[SNA93]
BSFF

building and loan associations

[SNA93]

building society
[GBR]

built-in elasticity of a tax system

bull market
[securities exchange]

( )

bullish market

bullet loan

bunching of maturities
debt bunching

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buoyancy

( )
( )

burden sharing
[IMF; BPM5]

burden-sharing mechanism

[IMF]

business activity

business community

business continuity plan

business corporation
corporation

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business cycle
economic cycle
trade cycle
boom and bust
boom-bust cycle

business expenses

representation expenses

business investment

business plan

business profits
trading profits

business services
[BPM5, BPM6]


[1993 -]

business travel
[BPM5]

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buy-and-hold investor

buyback agreement
debt buyback

debt repurchase

buyback arrangement
[WTO]

buyback
[WTO]

buy-down loan
[IBRD]

buyer's credit
[WTO]

buyer's market
soft market

64

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buying exchange rate


buying rate
buyer's rate

bid rate

buying member
[IMF]

By-Laws
[IMF]
by-laws

By-Laws, Rules and Regulations

[IMF]

byproduct
by-product

calculated market interest rate


calculated market rate

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calculated quota share


[IMF]

share in calculated quotas


[IMF]

calendar year

call account

call for committed funds


call

call in debt

call money

call option clause


call option
call provision

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call option
call

callable bond

CAMELS composite rating


capital, assets, management, earnings, liquidity


"CAMEL"
" CAMELS"

CAMEL

Canadian International Development Agency

CIDA

cancellation of SDRs

[IMF]

capacity building

capacity constraint

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capacity output

capacity underutilization
underutilization

capacity utilization

capital

capital account convertibility

capital account crisis

capital account
][budget

capital adequacy

capital adequacy ratio


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capital and financial account

[BPM5]

capital asset
fixed asset
fixed capital
non-current asset
long-term asset
long-lived asset
plant and equipment

capital assets pricing model

CAPM

capital base

capital budget
[IMF]

capital buffer

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capital controls

capital cost
cost of capital

capital cushion

capital deepening

capital expenditure

CAPEX
capital outlay

capital flight
[SNA93]
flight of funds

capital flow
capital movements

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capital formation
[SNA93]

capital gain
holding gains

capital gains tax

capital gearing ratio

gearing ratio
leverage
[corporate finance, USA]
gearing
[GBR]
financial gearing

capital good
producer good

capital income

71

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capital intensiveness
capital intensity

capital investment

capital loss

capital market

Capital Market Development and Financial Infrastructure Division

[MCM/CD]

Capital Requirement Directive

CRD

capital revenue
[GFSY]

capital stock

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capital transfer

capital value

capital widening
widening of capital

capital, excluding reserve assets


capital, excluding reserves

capital-asset ratio
[banking]
capital ratio

capital-debt ratio
equity-debt ratio

capital-exporting country

capital-importing country

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capital-intensive

capitalization (of interest)

[Paris Club]

capitalized value

capital-labor ratio

capital-loan ratio
[banking]

capital-output ratio

carbon capture and storage



/
/

CCS
carbon capture

carbon credits

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carbon emissions trading scheme


carbon trading scheme
cap and trade scheme

carbon market

carbon pricing scheme

career stream
career pattern

Caribbean Community
CARICOM

Caribbean Common Market

Caribbean Development Bank

CARIBANK
CDB

Caribbean Financial Action Task Force


[money laundering]
CFATF

75

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Caribbean Regional Technical Assistance Center

[IMF-CARICOM-UNDP]
CARTAC

carry trade

carryforward
carryover
loss carryforward
loss carryover
tax loss carryforward
tax loss carryover

carrying cost (of inventories)

carrying value
carrying amount
written-down value

book value

Cartagena Agreement
Andean Subregional Integration Agreement

76

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

cascading
[taxation]

case study

cash

cash account
[IMF, SDA]

cash balance

cash basis accounting


cash accounting

cash bond
[contracts]

cash buyback
[debt]

77

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

cash crop

cash economy
cash-based economy

cash flow

cash flow budget


cash budget
cash plan

cash flow relief


cash relief

cash in bank
cash held by banks

cash in hand
cash on hand
][GFSM

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

78

English

Arabic

cash loan disbursement

cash loan
financial loan

cash management

cash margin

cash payment

cash position

cash rate
overnight rate
call rate
call money rate
interbank call rate
overnight call money rate

79

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

cash ratio requirement


minimum cash requirement

cash settlement

cash voucher
[GFS 1986]

cashier's check
official check
treasurer's check
bank check

catalytic effect

catch-up demand

ceiling price

Center for Latin American Monetary Studies


CEMLA

80

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Central Africa Regional Technical Assistance Center

[IMF]
Central AFRITAC

Central African Banking Commission

COBAC

Central African Economic and Monetary Community

CAEMC
Economic and Monetary Community of Central Africa

Central African Monetary Union

CAMU

Central African States Development Bank

CASDB

Central American Common Market

CACM

Central American Division


[WHD/CA]

81

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Arabic

Central American Free Trade Agreement


CAFTA

Dominican Republic - Central America - United States Free Trade Agreement


CAFTA-DR

Central Asia Regional Economic Cooperation Program

[ADB]
CAREC

Central Bank Gold Agreement


CBGA

Washington Agreement on Gold

Central Bank of West African States

BCEAO

central bank
central banker

central banking

82

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Central Banking Division

[MCM/CB]

central counterparty

CCP

Central Division, I, II, III

()( )( )

[EUR/C1, C2, C3]

central government

central rate
[IMF]

centrally planned economy

[SNA93]
CPE

certificate of indebtedness
CI

83

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic


certified check
marked check
certified bank check
[GMBS]

ceteris paribus
all other things being equal
other things equal

other things being equal

CFA Franc Zone


franc zone
franc area

chair
[IMF Governance]

Chairman of the Executive Board

[IMF]

Chairman's Statement
[IMF]

84

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English

Arabic

Chairperson of the Oversight Panel

change in holdings

[BPM5]

change of ownership

Changes: Successful Partnerships for Africa's Growth Challenge

charge
[in general]

chargeback

chart of accounts

charter
[banking]

cheap money policy


easy money policy

85

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

checkable deposit

checkable savings account


[IFS]

checks and balances system

Chiang Mai Initiative Multilateralization


CMI Multilateralization

Post-CMI

Chiang Mai initiative

CMI

child allowance
[IMF-HRD]

civil service

86

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Civil Society Policy Forum

CSPF
Civil Society Forum

civil society
civic society

claim
[finance]

claims on deposit money banks


[GMBS; IFS]

claims on general government


[GFS 1986]

claims on nonfinancial public enterprises


[GMBS; IFS]

claims on nonresidents
[BPM5]

87

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English
claims on official entities
][GMBS; IFS

claims on other financial institutions


][GMBS; IFS

claims on private sector


][GMBS; IFS

claims on state and local governments


][GMBS; IFS

cleansing of banks

clear the market

clearing account
][IFS

clearing arrangement

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

88

English

Arabic

clearing bank

clearing mechanism

clearinghouse

clearing house
[SNA93]

client due diligence


[money laundering]
customer due diligence
know your customer

know your client


KYC

Client Services Division

[TGS/IC]

cliff effect

Climate Investment Fund


CIF

89

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

close substitute

close the books

closing liabilities

code of conduct

[IMF member]

Code of Good Practices on Fiscal Transparency (2001)


[IMF]

Revised Code of Good Practices on Fiscal Transparency

Code of Good Practices on Fiscal Transparency (2007)

()

[IMF]

Code of Good Practices on Transparency in Monetary and Financial Policies:


Declaration of Principles
[IMF]
MFP Transparency Code
MFP Code

90

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

cofinancing arrangement

[IBRD]

cofinancing trust account

[IMF]
CTA

coinage
minting

coincident indicator
coincidental indicator

Collaborative Africa Budget Reform Initiative

CABRI

collateral account
[IMF rights approach]

collateral pooling system

91

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

collateral security
collateral guarantee
collateral

[BPM6; GFSM]

collateral value

collateralize

collateralized bond

collateralized bond obligation

CBO

collateralized debt obligation squared

CDO squared

collateralized debt obligation


CDO

92

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

collateralized loan obligation

CLO

collateralized mortgage obligation


CMO

collect tax

collection of data
gathering of data

collective action clause

[debt]
CAC

collective bargaining

collective bargaining agreement


collective labor agreement
labor contract
union contract

93

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


collective good
public good
social good

collective judgment
sense of the meeting

collective representation clause

collusive bidding
collusive tendering

bid rigging

Cologne terms

co-manager
[syndicated loans]

co-lead manager

combating the financing of terrorism


CFT

94

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

combined market interest rate

[SDR]
combined market rate

comfort zone

command economy

controlled economy

commercial arrears

commercial bank

commercial creditor

commercial debt
bank debt

commercial GDP
[SNA]
commercialized GDP

95

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

commercial interest reference rate


CIRR

commercial lender

commercial lending
commercial loan
commercial credit
[Paris Club]

nonconcessional loan

commercial mortgage-backed security

CMBS

commercial paper
[FSIG]

commercial position

96

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Commission of the European Communities


[EC]

CEC
European Commission
EC

Commission on Growth and Development

Commission on the Measurement of Economic Performance and Social Progress


Stiglitz Commission

commitment basis accounting


[budget]

commitment basis

commitment fee
commitment charge

commitment gap
[IMF]

97

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

commitment period

committed resources
[IMF]

commitments

Committee of Eminent Persons to Study Sustainable Long-Term Financing of the IMF


Committee to Study Sustainable Long-Term Financing of the IMF

Committee of Eminent Persons


Crockett Committee

Committee of the Whole for the Development Committee

[IMF, Executive Board]


CWDC

Committee of the Whole on Review of Quotas

[IMF, Executive Board]


CQuota

Committee on Article XIV Consultations


[IMF, Executive Board]

98

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Committee on IMF Governance Reform

Committee on Interpretation

[IMF, Executive Board]


COI

Committee on Membership -- [country]

[ ] -

[IMF, Executive Board]


membership committee

Committee on the Annual Report

[IMF, Executive Board]


CAR

commodities price shock

commodity

commodity composition of trade

commodity currency

99

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

commodity exchange

commodities exchange
exchange

commodity fund

commodity future
[BPM5]

commodity futures market

commodity gold
[BPM5; SNA93]

commodity index fund

commodity index investment

commodity market

100

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

commodity-indexed bond
commodity bond

commodity-linked bond

commodity-linked finance
commodity-backed financing

Common Market for Eastern and Southern Africa

COMESA

Common Monetary Area

[AFR]
CMA

common share
common stock
ordinary share
stock

commons

101

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Commonwealth of Independent States

CIS

community-based organization
CBO

community-driven development

CDD

comparable worth

comparative advantage

Compensation and Benefits Policy Division

[HRD/CB]

compensation package

compensation
[SDR]

102

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Compensatory and Contingency Financing Facility

[IMF]
CCFF

compensatory drawing
[IMF]

Compensatory Financing Facility

[IMF]
CFF

compensatory financing of export fluctuations

compensatory financing of fluctuations in the cost of cereal imports


[CCFF]

cereal facility
[IMF]
cereal component

competitive bid
[securities auctions]

103

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competitive depreciation

[exchange]
competitive devaluation

competitive disadvantage

competitiveness
competitive ability

compilation of data

compilation
[BPM5]

completion point triggers

[IMF--HIPC Initiative]

completion point
[IMF; HIPC Initiative]

compliance (with performance criteria)


[IMF]

104

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( )
( )

English

Arabic

component currency

( )

[IMF]

composition of creditors
[bankruptcy]

composition agreement
creditors' arrangement

Composition of Official Foreign Exchange Reserves

[IMF]
COFER
currency composition of foreign exchange reserves

compound interest rate


compound rate

Comprehensive Africa Agriculture Development Programme

CAADP

Comprehensive Development Framework


[IBRD]
CDF

105

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

compression booster

compression factor

Comptroller General

compulsory reserve deposit

compulsory withdrawal

[IMF]

concertation of policies

concessional assistance
concessional aid

concessional counter-cyclical loan

concessional element
concessionary element

106

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concessional financing

concessional flow
concessionary flow

concessional interest rate

concessional lending

concessional loan

concessional terms
concessionary terms

concessional treatment
[Paris Club]

concessionality

concessional
concessionary

107

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concessionality

concurrence of the member

[IMF]

conditional relief arrangement

[customs]

conditionality for the tranches


[IMF]

conditionality
[IMF]

conduit

conduit company
conduit

Conference on the World Financial and Economic Crisis and Its Impact on Development

108

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English
confidence interval
][statistics

confidence level
][statistics

conforming mortgage

connected lending
][FSIG
connected loan

consent
][IMF quotas

) (

conservator

/
/

consistency check

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

109

English

Arabic

consistency of valuation
[BPM5]

consistency
[statistics]

consistent estimator

[statistics]

consolidated central government


[GFS; GFSY]

consolidation

consolidation period

[debt restructuring]

consortium (for country X)

( )

conspicuous consumption

110

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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constant return

constituency
[IMF Executive Board and committees]
chair

( )
( )
( )
( )

constraint

consultation cycle
[IMF]

Consultative Group on Exchange Rate Issues


CGER

Consultative Group on Exchange Rates

Consultative Group on International Agricultural Research


[IBRD]
CGIAR

111

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English
Consultative Group on International Economic and Monetary Affairs, Inc.
Group of Thirty

consumer credit
][SNA93

consumer durable
hard good

consumer price index


CPI

consumer spending
household expenditure

consumer surplus

consumer tastes
consumer preferences

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

112

English

Arabic

consumerism

consumption expenditure
consumption spending

consumption function

consumption pattern
consumption behavior

consumption tax

contagion effect

contagion
[FSIG]

contemporaneous reserve accounting


CRA

113

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contingencies
[FSIG; GFSM]

contingency clause
[IBRD/CCFF]

contingency financing
contingent financing

contingent credit line

contingency fund
[GFS 1986]
contingency reserve

contingency measure

contingency mechanism
contingency mechanism for the adjustment of targets

contingent claim
contingent asset

114

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contingent claims approach

CCA

contingent contract

[GFSM 2001]

Contingent Credit Line(s)


[IMF]

CCL

contingent liability

contingent risk

continuous session

[IMF, Executive Board]

contra account
valuation allowance

contractionary bias

115

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contractionary impulse

contractionary policy

contractual maturity
[BPM5]

contrived scarcity

control

convertible arbitrage strategy

convertible debt instrument

cooperation test
[IMF]

cooperative arrangements (for maintenance of value of currencies)


[IMF, exchange arrangements]

116

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( )

English

Arabic

cooperative monetary arrangement


[monetary policy]
cooperative arrangement

common arrangement
common monetary arrangement

cooperative sector
[SNA93]

Coordinated Compilation Exercise


CCE

Coordinated Portfolio Investment Survey

[IMF, OECD]
CPIS

Coordination and Standards Division

[PDR/CS]

core bank

117

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core data category

[GDDS]

core fund
[Global Environment Facility, WB]

core inflation
underlying inflation
built-in inflation

core lending
[IBRD]

Core Principles for Effective Banking Supervision


[BIS;Basle Committee]

core principles
Basel Core Principles

corners hypothesis

corporate accounting standards

118

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

corporate banking

corporate bond

corporate equity

corporate governance

corporate income tax


CIT

corporate raider
][stock exchange
raider

corporate risk spreads

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

119

English

Arabic

corporate sector workout

corporate workout
workout

correlation coefficient

[statistics]

correspondence table
conversion key

correspondent bank

cost & freight


c. & f.
CFR

cost accounting

cost effectiveness
effectiveness

120

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Arabic


cost of carry

cost of living adjustment


COLA

cost price

cost pricing

)(

cost recovery
][BPM5

cost, insurance, and freight


c.i.f.
cost, insurance, freight
][SNA93

cost-benefit analysis

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

121

English

Arabic


cost-push inflation
cost inflation

Council
[IMF, AA]

Counsel, Consulting

[IMF-LEG]

Counsellor (of the Fund)

( )

[IMF]

countercyclical action
anticyclical measure

countercyclical facility

/
/

counterpart entry
counterpart item

counterpart to allocation/cancellation
[IMF, BPM5]

122

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counterpart to monetization/demonetization of gold


counterpart to monetization/demonetization

counterpart to valuation changes

/
/

[BPM5; IFS Descriptors]


revaluation counterpart

Counterparty Risk Management Policy Group


CRMPG

Counterparty Risk Management Group


Corrigan Group

/
/

counterpurchase
[trade]

countertrade
[BPM5]

countervailing duty
antibounty duty

123

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country brief
[IBRD]

country coordinator

[GDDS]

Country Director
[IBRD]

Country Information System

[IMF]
CIS

country ownership
borrower ownership
program ownership
ownership

country page
[IFS]

124

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English
country partnership strategy
][World Bank
CPS
country assistance strategy
][IBRD
CAS

country risk
][BPM5





] [

country shares

country surveillance

]country-owned [strategy, program

coupon bond

coupon rate

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

125

English

Arabic

covenant lite loan


cov-lite

cover
[export credit]

( )

( )

coverage
[IMF-EBB]

covered interest rate arbitrage

[exchange market]
CIA

covered interest rate differential

[exchange market]

crawling peg
adjustable peg
fixed but adjustable exchange rate

credit

126

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Arabic

credit balance

credit ceiling
credit limit
lending ceiling

credit cooperative
][GMBS

credit crunch
credit squeeze
credit freeze
tightening of credit

credit default swap


CDS

credit downgrade

credit easing

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127

English

Arabic

credit freeze
security freeze

credit from monetary authorities

[IFS; GMBS]

credit policy

credit rating

credit rating agency


[corporations]

credit agency
mercantile agency
international rating agency
rating agency
rating services

credit rationing

128

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Arabic

credit risk indicator

CRI

credit risk
[FSIG]
counterparty risk

credit spread

credit tranche drawing

[IMF]

credit tranche position

credit tranche purchase


[IMF]

credit tranche
[IMF]

129

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credit union
cooperative savings association

credit-enhanced obligation
[securities]

enhanced obligation

creditor bank

creditor country

creditor position

asset position

creditor
[GFSM; SNA93]

creditworthiness
credit standing

130

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creeping inflation (steady)


persistent inflation

crisis prevention facility

Crisis Resolution Issues Division

[SPR/CR]
CRI

criticized asset

crony capitalism

" "

cronyism

""

crop year

cross debts

cross elasticity

131

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Arabic

cross rate

cross-border claim
transborder claim

transborder interbank claim

cross-border coordination

cross-border lending

foreign lending

cross-border risk

cross-classification
multiple classification

[statistics]

cross-conditionality
[IMF-IBRD]

132

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Arabic

cross-country analysis
cross-country review
cross-country study

Cross-Country Fiscal Monitor

The State of Public Finances: A Cross-Country Fiscal Monitor

cross-currency warrant

cross-cutting issue

cross-default clause

[London Club]

cross-section analysis
cross-sectional study

crowding-in effect

133

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crowding-out effect
crowding out of private investment

crystallization (of a loss)

( )

CSO Townhall Meetings

cumulative net drawings

[IMF]

currency acceptable to the Fund

[IMF]

currency basket
basket of currencies

134

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

currency board arrangement


[IMF exchange rate classification system, 2006]

CBA
currency board
[GFSM]

currency component
[IMF]

currency composite
composite of currencies

currency composition

currency conversion
[BPM5]

currency convertibility

135

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English
currency holdings
][IMF
IMF holdings of currencies
Fund holdings of currencies
currencies held by the Fund
][IMF

currency in circulation

currency issue

currency liabilities

currency mismatch
][FSIG

currency option bond

currency outside banks


cash outside banks

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

136

English

Arabic

currency redenomination

currency substitution

currency swap

currency union

currency unit

currency valuation adjustment


[IMF, accounts]

CVA
valuation adjustment

currency warrant

currency
[BPM5; BPM6; GFSM; SNA93]

137

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

current account

current account balance


balance on current account

current account convertibility

current asset
short-term asset

current budget

current capital

net current assets


working capital
[SNA93]

Current Communications Division

current expenditure

138

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Arabic
/
/

current liability
short-term liability
current debt

current maturities

current prices
in current prices
at current prices
[CPI]

current ratio

current replacement cost


replacement cost

current revenue
[GFSY]
current receipts
[SNA93]
CR

139

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Arabic

current value
present value

current, to be
[IMF]

current-weighted index
Paasche index

customary business practices

customs bond

customs bonded warehouse


bonded warehouse

customs clearance

customs duty

customs duty bill

140

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

customs frontier

customs tariff
tariff
[SNA93]

customs union
tariff union

customs valuation

cutback(s)
[fiscal policy]

cutoff date
[Paris Club]

cyclical influence

/ /

cyclical position

141

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Arabic

cyclical unemployment

cyclically adjusted

cyclically neutral budget

Data Dissemination Standards Division

[STA/DD]

Data Quality Assessment Framework

[IMF, DSBB]
DQAF

Data Quality Reference Site

[IMF, DSBB]

data reporting
[IMF-STA]
reporting
[IMF-STA]

142

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English

Arabic

Data Standards Initiative

[IMF]
Standards Initiative

dataset-specific quality assessment framework


dataset-specific framework

specific assessment framework

de minimis clause
[Paris Club]

deadweight loss
efficiency loss

dealer
[USA]
jobber
[GBR]

debenture debt

143

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English

Arabic
) (
] [


] [

debenture
][GBR; USA

debit

debit balance

debriefing
][IMF

debt amortization
amortization

debt and debt service reduction


DDSR

debt burden

debt capital
loan capital

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

144

English

Arabic

debt ceiling

debt consolidation
debt funding
funding

debt conversion
[Paris Club]
debt swap
debt-debt swap
bond swap

debt covenant
covenant

debt disbursed and outstanding

debt fatigue

debt financing
debt finance

145

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Arabic

debt for aid swap


[Paris Club]

debt for development swap

debt for environment swap

debt for nature swap


[Paris Club]

debt forgiveness
debt cancellation
cancellation of debt
forgiveness

debt holder

debt management

146

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Arabic



debt moratorium
[London Club]
debt standstill
payments standstill

debt overhang

Debt Policy Division

[ IMF-SPR ]

debt principal
principal

Debt Reduction Facility for IDA-Only Countries

""

[IBRD]
IDA Debt Reduction Facility

debt reduction operations

DROPS

debt refinancing

147

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Arabic

debt relief

Debt Relief for Low-Income Countries: The Enhanced HIPC Initiative

debt reporting system

"" :

[IMF]

debt repudiation
[GFSM]

debt rescheduling
rescheduling

debt restructuring
debt reconstruction
restructuring

debt security
debt instrument

148

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English
debt service payment
service payment

debt service ratio

debt service
debt servicing
][SNA93

debt sustainability

debt sustainability analysis


][IMF
DSA

debt sustainability framework


DSF

debt sustainability threshold

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

149

English

Arabic

debt workout
debt renegotiation
workout

debt-distressed country
severely indebted country

debt-distressed situation
debt distress

debt-equity ratio

debt-equity swap
[Paris Club]
debt for equity swap
debt for equity conversion
conversion of debt into equity
debt-to-equity swap

debt-export ratio
debt-to-exports ratio

150

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

debtor country

debtor position

liability position

Debtor Reporting System, World Bank

( )

[IBRD]
DRS

debt-servicing capacity

decentralized agency

[GFS 1986]

decision maker

decision making (process)

Decision on Bilateral Surveillance over Members' Policies


[IMF]

151

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

decision point
[IMF; HIPC Initiative]

declaration of censure

[IMF overdue financial obligations]


censure

declaration of ineligibility

[IMF]

declaration of noncooperation

[IMF]

decoupled income support


decoupled support

decoupling
[EU]

decoupling theory

dedicated investor

152

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

deep financial market

deep-discount bond

deep-discounted bond

deep-pocketed investor

default contagion

default on obligations

default on payment
default

deferred charges
[IMF accounts]

deferred compensation

deferred credit

153

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

deferred deduction executive remuneration

deferred income
[IMF accounts]

( )


deficit financing
deficit spending
pump priming

deficit reduction package

deflate (prices)

deflationary demand measure

deflationary gap

deflationary pressure

deflator

154

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

] [1997 -

English
delegation of authority
][BL

deleverage
deleveraging

delinquency

delinquent borrower

delinquent tax

demand curve

demand deposit
checking account deposit
sight deposit

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

155

English

Arabic

demand elasticity
elasticity of demand

demand function

demand management

demand restraint

demand schedule

demand, payable on

[banking]

demand-pull inflation
demand inflation

( )

demonetization

demonstration effect

156

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

denomination
[banknotes]

Department for International Development

[UK]
DFID

Department Head
[IMF]

departmental agency

departmental enterprise

depletion allowance
[SNA93]

deposit bank
[IFS]

157

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

deposit claims

deposit guarantee scheme

Deposit Insurance Fund


deposit insurance scheme

deposit liabilities

deposit money bank

deposit rate
][SNA93

deposit run

deposit taking
][banking
attracting deposits

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

158

English

Arabic

deposit/loan ratio

depository corporation
depository institution

depository
[IMF]

( )

depreciation

depressed area

depth of the market

[financial market]
market depth

Deputy
[G-24, IDA]

deregulation
decontrol

159

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

derivation table
[GFS 1986]

derivative instrument
financial derivative

derivative

(... )

derivative
[calculus]

designated depository

[IMF]

designation plan
[IMF]

designation
[IMF; SDR]

160

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

desk economist (for ... [country])

( )

[IMF]
desk officer for ( ... [country])
country desk

destabilizing
disequilibrating
[capital flows]

deterrence measure
[IMF overdue financial obligations]
deterrence

deterrent measure
deterrent

devaluation
[SNA93]

developing and transition countries (DTC)

developing and transition countries

DTC

161

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

developing country

development aid
development assistance

[BPM5]

Development Assistance Committee

[OECD]
DAC

Development Grant Facility

[IBRD]
DGF

Development Issues Division

[SPR/DS]
DID

development partner

development policy loan


DPL

162

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

difference equation

( .. )
( .. )

difference
[calculus]

( .. )

differential

differential equation

[calculus]

diminishing returns

direct investment

direct investment income

[BPM5]

directed credit

163

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Direction of Trade Statistics Yearbook

[IMF; publication not translated]

DOTS Yearbook
DOTSY

Direction of Trade Statistics

[IMF-STA; publication not translated]


DOTS

direction of trade
geographical direction of trade

Director and Special Representative to the United Nations

[IMF-UNR]

Director for Special Operations

Director
[IMF]

Director, Assistant
[IMF]

164

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English

Arabic

Director, Associate

[IMF]

Director, Deputy
[IMF]

Director, Offices in Europe

[IMF/EUO]

directorship
[IMF, Executive Board]

disaggregated data

Disarmament, Demobilization, Reintegration

[Congo (DRC)]
DDR

disbursed debt

165

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

disbursement

discharge an obligation

[IMF]

disclosure of on- and off-balance sheet risk

discount

discount bond
discounted bond

discount note

discount rate

[central banking]
minimum lending rate
[GBR]
MLR
bank rate
[GBR]

166

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

discount window
[central banking]

discountable
eligible for discounting

eligible for rediscounting

discrete devaluation
step devaluation

discrete
[mathematics]

discriminating monopoly

discriminatory currency practice

[IMF]

discriminatory tariff preference

diseconomy

167

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

dishoarding

disincentive

disinflation

disinflationary

disintermediation

disinvestment

disorderly exchange market conditions

disposable income
][BPM5; SNA93

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

168

English

Arabic

disposal

disposal of problem assets

disposition (of assets)

( )

disposition

disruption

dissaving

negative saving

Dissemination Standards Bulletin Board

[IMF]
DSBB

distance to default

distance to distress
DD

169

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

distortion

distressed asset

distributed earnings
[BPM5]


[1993 -]

distribution channel

distribution function

[statistics]

distribution of income

income distribution

distributional effect
distributive effect

disturbance

170

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

divergence indicator

[EMS]

diversified borrower

divestiture (of public enterprises)

( )
( )
( )

... ()( )( )

Division 1, 2, 3, ...
[AFR/01, 02, 03, ...]

Division Chief
[IMF]

Division Chief, Deputy

[IMF]

doctored data

Doha Development Agenda


[WTO]
DDA

171

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
Doha Development Round
Doha Round
development round
][trade

/ " "
/

Doing Business rankings


][World Bank

dollar balances

dollar overhang

domestic content
][imports

domestic credit expansion


DCE

domestic currency unit value

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

172

English

Arabic

domestic currency
[GFSM]
local currency
[GFSM]

domestic liabilities
[GFSM]

domestic liquidity

domestic market

home market

domestic resource cost

DRC

domestic saving

domestic securities

domino effect

173

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

donor country

donor
[SNA93]

donors and creditors


donors and lenders

dormant debt

double counting
[SNA93]

double taxation
dual taxation

double-entry accounting system


double-entry system
double-entry accounting
double-entry bookkeeping

174

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



doubtful loan
doubtful credit

down payment

)(

downgrading

downside risk

downside variability

downstream capacity

downstream integration

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

175

English

Arabic

downturn
cyclical downturn
downswing
cyclical downswing

downward adjustment

downward bias
negative bias

downward pressure

downward spiral

downward trend

falling trend
downtrend

downward-sloping curve

draft resolution
[IMF]

176

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic
( )

draw down
[London Club]

draw on the IMF

( )

drawback
[customs]

drawdown period

drawing country
[IMF]
drawer

( )
( )

drawing down
[stocks]

( )

drawing facility
[IMF]

drawing on loans extended


[BOP]

177

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

drawing right
[IMF]

dual economy

dual exchange market

dual pricing

dual rate system


[exchange rates]

due and payable

due date

due diligence

dummy out

dummy variable

178

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

dumping
[trade]

durable good

duration (of an investment)


duration

( )

[MPI]

Durbin-Watson statistic

DW

Dutch auction

Dutch disease

[oil or natural gas exporting countries]

duty-free

dynamic multiplier

179

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

early repurchase expectation


[IMF]

prompt repurchase expectation

early repurchase
[IMF]
advance repurchase

early stabilizer

early warning system model

EWS

( )

earmark

earmarked account
[GMBS]

earmarked tax

earned income

[BPM5]

180

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

earning asset
income-earning asset

productive asset

earnings

easing credit

easing
softening

East Africa Regional Technical Assistance Center

East AFRITAC

Eastern Caribbean Central Bank

ECCB

Eastern Caribbean Currency Union


ECCU

181

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

easy rider bank


[debt restructuring]
easy rider

economic agent
economic entity
economic unit

Economic and Social Commission for Asia and the Pacific

[UN-ECOSOC]
ESCAP

Economic and Social Commission for Western Asia

[UN-ECOSOC]
ESCWA

Economic and Social Council, United Nations

[UN]
ECOSOC

Economic and Statistical Observatory for Sub-Saharan Africa


AFRISTAT

182

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

economic circumstances
economic conditions
economic environment

Economic Commission for Africa

[UN-ECOSOC]
ECA

Economic Commission for Europe

[UN-ECOSOC]
ECE

Economic Commission for Latin America and the Caribbean

ECLAC

Economic Community of West African States

( )

ECOWAS

Economic Counsellor
[IMF-RES]

183

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Economic Data Sharing System

[IMF]
EDSS

economic fundamentals
fundamentals

fundamental determinants

Economic Information System

[IMF-STA]
EIS

" "

Economic Issues
[IMF publication series]

economic life
[SNA93]
useful life
service life
[GFSM]

economic performance

184

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

economic price
efficiency price

Economic Recovery Assistance Program

[IMF]
ERAP

economic recovery
recovery

economic slack

economic slowdown

Economic Systems Division

[TGS/IE]

economic welfare
welfare

185

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

economics

economies of scale

Economist Program

[IMF]
EP

economy

Editorial and Publications Division

[EXR/EP]

educated guess

effective date

effective exchange rate


EER

186

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

effective rate of protection

ERP

Egmont Group of Financial Intelligence Units

elasticity of a tax system

elasticity of expectations

elasticity of supply

supply elasticity

elected Executive Director

[IMF]

elective Executive Director

[IMF]

electronic data processing


EDP
data processing
informatics

187

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

electronic funds transfer

EFT

eligibility
[GFSM]

eligible

eligible asset
[banking]

eligible debt
[Paris Club]

eligible vote
[IMF]

embedded derivative

embodied cost

188

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

emergency assistance
[IMF]

Emergency Facility for Natural Disasters

[IMF Facilities]

emergency financing mechanism

[IMF]

Emergency Natural Disaster Assistance

ENDA
Emergency Assistance for Natural Disasters

emergency post-conflict assistance


[IMF]

EPCA
emergency and post-conflict assistance
policy of emergency assistance to post-conflict countries

emergency provisions
[AA]

189

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

emergency purchase

[IMF facilities]

emerging market

emerging market country

emerging market economy

EME

emerging markets and developing countries

EMDCs

Emerging Markets Bond Index

EMBI

emigration of the tax base

empirical evidence

empirical study

190

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

employee attrition rate

Employers participating in the troubled assets relief program

employer's social contributions


[SNA]

employer contribution

employment rate

employment slack

empowerment

enabling environment

encash
[IMF]

191

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

encashability of bonds
[ NAB ]

encashable bonds

encashable

encashable loan claim

encashment

encashment right
[IMF]

[BPM5]

end consumer

encumbered

end product
final product

192

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

end use

end user

final user

endogenous shock

endogenous variable

endowment

Energy for the Poor Initiative

EFPI

energy-intensive

energy-saving technology

enforceable
[IMF]

193

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

enforcement action

enforcement of security
realization of collateral

enforcement power
[IMF]

engagement of the IMF in a country


IMF engagement

[ ]
[ ]

Fund involvement
Fund engagement
engagement

enhanced concessions

[Paris Club]

enhanced credit
credit enhancement

194

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

enhanced Initiative for Heavily Indebted Poor Countries


[IMF]

""

enhanced HIPC Initiative


[IMF]
Enhanced Heavily Indebted Poor Countries Initiative

Enhanced Integrated Framework for Trade-Related Technical Assistance to least-

developed countries
Enhanced IF
EIF

Enhanced Structural Adjustment Facility Trust

" "

[IMF]
ESAF Trust

Enhanced Structural Adjustment Facility

[IMF]
ESAF
enhanced SAF

enhanced surveillance procedure


[IMF]
enhanced surveillance

195

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

enhancement money

[debt restructuring]

enhancement of resources

enhancement of SDRs

enlarged access resources

[IMF]
EAR

enlarged access to the Fund's resources


[IMF]

EAR
enlarged access to Fund resources

enterprise economy

entitlement program

[USA]

196

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

entrepreneur

entrepreneurial income

entrepreneurship
[SNA93]

entry
[accounting]

environmental action plan

[IBRD]

environmental depletion
depletion of natural resources
[BPM5]

environmental impact

197

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

environmental tax
green tax

equal value exchange rate

[SDR]

equal value principle

[SDR]

equalization of burden fund

equalization fund

equation of exchange
Fisher equation

equilibrating capital flow


equilibrating capital movement

equilibrium effects

equilibrium exchange rate

198

( )

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

equilibrium path

equilibrium unemployment
equilibrium rate of unemployment

equiproportionality
[SDR allocation]

equity capital inflow

equity financing
equity finance

equity income

equity investment

equity loan

199

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

equity market
stock market
equity market / stock market (entry 7155)

equity or debt position

equity ownership
equity participation

equity interest
equity share

equity participation note

equity price movements

equity security

equity transaction

200

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic





equity
equity capital

equity-like instrument

ESAF-HIPC Trust Account


][IMF

escalator clause
escalation clause

escape clause

escrow account
][IMF/WB; HIPC

ESF Subsidy Account


][IMF

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

201

Arabic

English
ESF-PRGF Subsidy Account
][IMF

essential goods

estate duty
estate tax

estimated expenditure

Ethics Office
][IMF-OMD

EU Policies Division
][EUR/EU

""

Eurepo

euro area
euro zone

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

202

English

Arabic

Eurobond

Eurobond market

Eurocommercial paper
][BPM5
ECP
Euro-CP

Eurocredit
Eurocurrency loan

euroization

Euromarket

Euronote

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

203

English

Arabic

Europe and Middle East/Central Asia Regional Division


[MCM/R3]

Regional Division 3

Europe Regional Division

[MCM/R3]

European Bank for Reconstruction and Development

EBRD

European Central Bank

ECB

European currency unit

ECU

European Department

[IMF]
EUR

European Development Fund


EDF

204

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

European Economic Area


EEA

European Economic Space

European Financial Stability Facility

EFSF

European Free Trade Association

EFTA

European Investment Bank

EIB

European Monetary System

EMS

European narrow margins arrangement


snake in the tunnel
snake system
currency snake system
multicurrency intervention system

205

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

" "
" "


English

Arabic

European Network on Debt and Development


EURODAD

European Stabilization Mechanism

" "

ESM
European Financial Stabilization Mechanism

European System of Central Banks

[EU]
ESCB
Eurofed

European Union
EU

Evaluation Committee

[IMF, Executive Board]


EVC

even par swap

206

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

event of default
[London Club]

Evian approach

ex ante

ex post assessment of Fund-supported programs

Ex Post Assessment
EPA

ex post evaluation
[IMF]
EPE

exceptional circumstances clause


[IMF, access limit]

excess capital formation


excess capital accumulation

207

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

excess demand

excess employment

excess holding ratio

[SDR]

excess profit
economic profit
supranormal profit

excess purchasing power

excess reserves

excess tax burden


excess burden
deadweight loss
efficiency loss

exchange allocation

208

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

exchange arrangement
exchange rate arrangement

exchange rate regime


exchange system

exchange arrangements with no separate legal tender

[IMF exchange rate classification system, 2006]

exchange contract

exchange control
exchange restriction

exchange house
exchange bureau

exchange rate anchor


[IMF monetary policy framework classification system, 2006]

exchange rate differential

209

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

exchange rate future

Exchange Rate Issues Division

[RES/ER]

exchange rate management

Exchange Rate Mechanism II

ERM II

Exchange Rate Mechanism


[EMS]

ERM
Exchange Rate Mechanism I
ERM I

exchange rate pass-through


ERPT

exchange rate policy


exchange policy
foreign exchange policy

210

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

exchange rate realignment


currency realignment

exchange rate targeting


exchange rate targeting strategy

exchange rate
rate of exchange

exchange rates within crawling bands

[IMF exchange rate classification system, 2006]

exchange reserves

foreign exchange reserves

exchange risk

exchange risk insurance


foreign exchange insurance

exchange insurance

exchange stability

211

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
exchange valuation adjustment

exchange
foreign currency
foreign exchange
forex

exchange-traded fund
ETF
tracker

excise tax
excise

excluded holdings
][IMF

Executive Board
][IMF
Board

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

212

English

Arabic

executive compensation

Executive Director (Mr./Ms. ...)

[IMF-OED]
ED

Executive Director, Alternate

[IMF-OED]

executive remuneration

Executive Secretary

[IMF-IBRD, Development Committee]

executive session
[IMF, Executive Board]

exercise an option

213

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


exercise price
[options]
striking price
strike price
contract price

exhaustible resource

exit agreement
[debt restructuring]

exit bank
[debt restructuring]

exit bond
[debt restructuring]
exit instrument

exit consent
[debt restructuring]

214

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

exit rescheduling
[Paris Club]

exit strategy
[exchange rate pegging]

exogenous shock

Exogenous Shocks Facility


ESF

shocks facility

exogenous variable

expansionary impulse

expansionary policy

expected economic lifetime


expected economic life

215

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

expected rate

expected utility
EU

expected value
[statistics]
EV
mathematical expectation

expenditure authorization

expenditure commitment

commitment

expenditure item
[GFS 1986]
expense item
[GFSM 2001]

Expenditure Policy Division


[FAD/EP]

216

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


expenditure tax
[GFS 1986]

expenditure validation

validation

expenditure verification
verification

expenditure-switching policy
switching policy


""

expense
expenditure

explanatory variable

[economic models]

export capacity

export credit

217

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

export credit agency

[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]
ECA

export duty
export tax

export earnings
export proceeds
export receipts

export performance

export processing zone


EPZ

industrial free trade zone


industrial free trade area

export promotion

218

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

export retention scheme


foreign exchange retention scheme

foreign exchange retention

export shortfall

export surplus

exporting industry

export-led recovery

ex-post
[economics]

extended arrangement charge

[IMF]

Extended Arrangement
[IMF]
EA

219

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

extended burden sharing


[IMF]

extension of burden sharing

Extended Credit Facility

ECF

Extended Fund Facility


[IMF]

EFF
Extended Facility

extension of Toronto terms

external account
[BPM5]

external asset (assets owned abroad by residents)

( )

foreign asset

External Audit Committee


[IMF]

220

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

external audit mechanism, legal structure and independence of the central bank,
financial reporting practices, internal audit mechanism, and the system of internal

""

controls
[IMF, safeguards assessments]
ELRIC

external auditor

external claim
foreign claim

external contingency element


[CCFF]

contingency element
[CCFF]

external current account

external debt
foreign debt

221

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
external disturbance

external financing
][SNA93

external imbalance

External Relations Department


][IMF
EXR

) (

external resource envelope

)External Review Committee (on World Bank-IMF Collaboration

external sector
foreign sector

external sustainability

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

222

English

Arabic

extrabudgetary account
extrabudgetary fund

EBF

Extractive Industries Review

EIR

ex-works price
EXW price
ex factory price
factory (gate) price

Facilities Chapeau paper

Facilities Management Division

[TGS/DF]

factor cost, at

factor endowment

223

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English
factor income share
factor share

factor income
][SNA93

factor payments

factoring
][finance

factor-price distortion

failed institution

fair market value


market value
sale value
fair market price
fair price

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

224

English

Arabic

fair trade

fair value

fairness and evenhandedness

family living expenses

farm gate price

FATF-Style Regional Bodies

[FSSA]
FSRBs

feasibility study

Federal Banking Agency

Federal charter (by)


federally chartered

225

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Arabic

federal charter
[USA]

Federal Deposit Insurance Corporation

[USA]
FDIC

federal funds interest rate


federal funds rate

[USA]

Federal Home Loan Banks

[USA]
FHL Banks
FHLBanks

Federal Home Loan Mortgage Corporation

FHLMC
Freddie Mac

Federal Housing Finance Agency


FHFA

226

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Federal National Mortgage Association


[USA]


""

FNMA
Fannie Mae

Federal Reserve Bank

[USA]

Federal Reserve Open Market Committee


FOMC

Federal Open Market Committee


[USA]
Open Market Committee

Federal Reserve System


[USA]

Federal Reserve
Fed

fiat money
fiduciary money
fiat currency
central bank money

227

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

field audit
on-site supervision

on-site inspection

file a tax return

filter based on contribution to global growth

final consumption

Finance & Development

""

[IMF]

F&D

finance company
finance house
[GBR]

Finance Department
[IMF; MFSM]
FIN

228

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

financial accelerator

financial account

Financial Action Task Force on Money Laundering

FATF
Financial Action Task Force

Financial and Administrative Systems Division

[TGS/IF]

financial and regulatory arbitrage

financial bypass surgery

financial center

financial channels

financial crowding out

229

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

financial deepening
deepening of the financial market

deepening of the capital market

Financial Derivatives: A Supplement to the Fifth Edition (1993) of the Balance of

( ) :

Payments Manual

financial economy

financial future

financial futures market


financial futures exchange

financial global warming

Financial Institutions Division I, II

()( )

[STA/F1, F2]

financial institutions sector


[GFS 1986]

230

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

financial intelligence unit

[money laundering]
FIU

financial leasing
leasing
financial lease
finance lease
leasing arrangement

financial liabilities

financial loan

financial credit

Financial Market Review Group

financial market turbulence

financial turbulence
financial markets turmoil

financial openness

231

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Financial Operations and Reporting Division

[FIN/FR]

Financial Organization and Operations of the IMF

[IMF]

Financial Oversight Division

[ IMF-MCM ]

financial pooling arrangement


financial pooling

financial position
financial condition

financial reporting

financial repression
financial restriction

financial safety net

232

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

financial sector

Financial Sector Analysis Division

[ IMF-MCM ]
FA

Financial Sector Assessment Program

[IMF-WB]
FSAP

financial sector consolidation

financial sector downsizing

Financial Sector Policy Division

[MCM/FP]

Financial Sector Reform and Strengthening Initiative


FIRST Initiative
FIRST

233

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

English

Arabic

Financial Sector Review Group

[IMF]

Financial Sector Stability Assessment

[IMF-WB]
FSSA

financial shield
financial armor plating
loan package
shield package

""
""


blindaje

financial shock

financial soundness

financial soundness indicator


[FSIG]
FSI

234

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Financial Stability Board

FSB

Financial Stability Forum

[G-7]
FSF

Financial Stability Line

FSL

financial statement

financial stress

Financial Stress Index

financial survey
[IMF]

Financial System Stability Assessment


[IMF]
FSSA

235

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

financial transactions plan


[IMF]

transactions plan

financial year of the Fund

financing assurances


[1997 -]

[IMF]
financial assurances

financing facility
credit facility
facility
[IMF]

financing gap
[BPM5]

financing package
financial package

236

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

financing requirements

financing
[GFSY; GFSM; SNA93]

fine gold

fine tuning

fineness of gold

finished good

fire sale

fire sale liquidation

forced liquidation

fire-sale price

237

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

first credit tranche conditionality

[IMF]

first credit tranche purchase

[IMF]

First Deputy Managing Director

[IMF-OMD]
FDMD

first in, first out


FIFO

first in, last out


[accounting]
FILO

first-order effect
first-round effect

238

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

fiscal adjustment
fiscal consolidation
fiscal containment
fiscal retrenchment
fiscal tightening

budget consolidation
budgetary consolidation

Fiscal Affairs Department

[IMF]
FAD

fiscal agency
[IMF]

fiscal balance
budgetary balance
budget surplus/deficit

fiscal capacity

239


/


/

/

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic



fiscal deficit

fiscal discipline
fiscal restraint

fiscal dominance

fiscal drag

fiscal effort
tax effort

fiscal equilibrium
fiscal balance

fiscal federalism

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

240

English

Arabic

fiscal gap

fiscal illusion

fiscal impulse
fiscal stimulus

fiscal monopoly
revenue-producing monopoly
][EC

) () ()(

Fiscal Operations Division 1, 2, 3


][FAD/F1, F2, F3
FOD1, FOD2, FOD3

fiscal panel
][IMF-FAD

fiscal policy

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

241

Arabic

English
Fiscal Policy and Surveillance Division
][FAD/FP

fiscal position

fiscal revenue

fiscal skeleton

skeleton

fiscal space

fiscal stabilization

fiscal stance

fiscal stimulus package

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

242

English

Arabic

fiscal strategy

fiscal sustainability

fiscal tariff
][customs
revenue tariff

fiscal transparency

fiscal withdrawal

fiscal year
financial year
FY

fit a trend
][econometrics

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

243

English

Arabic

fit
[statistics]

fix or float

fixed capital consumption

consumption of fixed capital


CFC

fixed capital formation

[SNA93]

fixed cost

fixed effects OLS estimator

fixed exchange rate parity

fixed par value


fixed parity
fixed rate parity

fixed exchange rate regime

244

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

fixed expenditure

fixed-weight price index

fixing

flash estimate

flat rate

flat-loading
][IMF

Flexible Credit Line


FCL

flight to quality
flight into quality

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

245

English

Arabic

float
[banking]

floating completion point

[HIPC Initiative]

floating currency

floating debt
[GFS 1986; SNA93]

( )

floating facility
[IMF]

flotation

flow

flow data
transactions data

246

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


flow of funds table


[SNA93]

flow of funds
[SNA93]

flow rescheduling
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993;
HIPC Initiative]

flow variable

follow-up mission
[IMF]

Food and Agriculture Organization of the United Nations

( )

FAO

food crop

food security

247

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

For Immediate Release

forbearance
loan forbearance

force majeure

forced saving

foreclosure

foreclosure mitigation efforts

foreign bond

foreign borrowing

foreign capital

248

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

foreign direct investment

FDI
direct foreign investment
DFI

foreign exchange assets

[BPM5]

foreign exchange cost


exchange cost

foreign exchange dealer


foreign exchange trading officer

trading officer
foreign exchange trader

foreign exchange equalization fund


exchange stabilization fund
[GMBS]
currency stabilization fund
CSF

249

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English
foreign exchange exposure
][FSIG
currency exposure

foreign exchange market


exchange market

foreign exchange position

foreign exchange record


exchange record

foreign exchange speculation

foreign exchange taxes


exchange taxes

foreign liabilities

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

250

English

Arabic

foreign official sector

[BPM5]

foreign tax credit

foreign trade multiplier

foreign-held balances

foreign-owned corporation

forfaiting

[export credits]

forgone revenue
forgone income
forgone earnings

formal consultation
[IMF]
regular consultation

251

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

formal ineligibility
[IMF]

formal sector

formal vote
[IMF, Executive Board]

formally convertible currency


[1997 -]

[IMF]

forty plus eight recommendations

40 and 8 Recommendations
FATF 408
FATF 408 recommendations

forward commitment capacity

[IMF, liquidity]
FCC

forward cover
cover

252

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

forward discount

forward exchange transaction

forward looking expectations

forward market
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

forward operation

forward premium

premium

forward rate agreement


FRA

future rate agreement


[BIS]

forward shifting

253

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Fourth Pillar Consultations with the Fund on Reform of IMF Governance


Fourth Pillar Consultations with civil society on IMF Governance Reform

Fourth Pillar consultations

fragile state

framework agreement

Framework for Strong, Sustainable and Balanced Growth

[G-20]

franchising

free enterprise economy

free entry (into a market)

( )

free float
clean float

254

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

free good
][economics

free market pricing

free reserves


" "
" "

free rider bank


][London Club
free rider

free trade
open trade
liberal trade

freedom of capital movements


free movement of capital

freely usable currency


][IMF

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

255

English

Arabic

frequency distribution

[statistics]

frequency
[data]

frictional unemployment
transitional unemployment

search unemployment

fringe benefits
employee benefits

front office

( )

Front Office
[IMF]

( )

front-end fee

256

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

frontier technology
leading technology

leading edge technology


cutting edge technology


( )

front-loading
[IMF]
front-end loading

fuel exporters

fulfill an obligation
[IMF]

full asset settlement

full capacity level

full cost pass-through

full employment

257

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

full employment balance

full employment budget surplus

full employment multiplier

full-fledged Poverty Reduction Strategy Paper

full-fledged PRSP
full PRSP

full-recourse loan

fully funded pension plan


[corporations]
funded pension plan

fully funded system


funded system
fully funded plan
[corporations]

functional and special services departments


[IMF]

258

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

functional classification of expense

functional classification of expenditure

Fund liquidity

fund of funds

FOF

Fund Office in the United Nations

[IMF]
UN

Fund quota
IMF quota
membership quota
quota in the Fund
[IFS; SNA93]
quota

Fund staff
[IMF]
staff

259

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

fundamentally misaligned

Fund-Bank mission

funded debt
long-term liability
non-current liability
long-term debt



/
/

funding gap

funding market

funding mismatch

funding of deferred charges

[IMF]

funding
[finance]

260

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Arabic

English
Fund-related assets

Fund-supported program

futures contract
future

futures option

G8 Action Plan for Good Financial Governance in Africa

G8 Debt Cancellation Proposal


G8 Debt Proposal
G8 debt initiative

game theory

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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English

Arabic









gap financing
bridge financing
bridge loan
bridging credit
swing loan
swing line

gapping

Gatekeeper Initiative
][AML/CFT

GDP blend

GDP blend booster

geared managed fund


geared fund
geared unit trust

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

262

English

Arabic

General Administrative Order

[IMF]
GAO

General Agreement on Tariffs and Trade

( )

GATT

General Arrangements to Borrow

[IMF]
GAB

General Counsel
[IMF-LEG]

General Counsel, Assistant

[IMF-LEG]

General Counsel, Deputy


[IMF-LEG]

263

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

General Data Dissemination Standard

[IMF]
GDDS
general standard

General Data Dissemination System

[IMF-EBB]
GDDS

General Department

[IMF]

general exchange arrangements

[IMF]

general government sector


general government

general increase in quotas


equiproportional increase in quotas

264

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

General Resources Account

[IMF]
GRA

General Resources and SDR Policy Division

[FIN/GR]

( )

general resources
[IMF]

General Review of Quotas


[IMF]

five-year review of quotas


quinquennial review of quotas
[IMF]

general sales tax


GST

general SDR allocation


general allocation of SDRs

265

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

General Services Division

[TGS/DG]

generalized method of moments difference estimator

GMM-difference estimator

Generalized System of Preferences

[WTO]
GSP

generally accepted accounting principles


GAAP

generally accepted auditing standards


GAAS

Generally Accepted Principles and Practices for Sovereign Wealth Funds

GAPP
Santiago principles

generation of savings

266

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

generic data quality assessment framework


[IMF-GDDS]

generic assessment framework


generic framework

Geneva Office
[IMF-EUR]
EUO/GE

gift tax

Gini coefficient
Gini inequality index
coefficient of concentration
Gini index

gliding parity
sliding parity

Global Alliance for Vaccines and Immunization


GAVI

267

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

global balance of payments

global bond

global commons

global consolidation

[MPI]

Global Corporate Governance Forum

[OECD; WB]
GCGF

global current account balance

Global Economy Model

[IMF]
GEM

Global Environment Facility Trust Fund


[IBRD-UNEP-UNDP]

268

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Global Environment Facility

[IBRD-UNEP-UNDP]
GEF

Global Financial Stability Division

[MCM/GS]

Global Financial Stability Report

[IMF-MCM]
GFSR

Global Fiscal Model

[IMF]
GFM

Global HIV/AIDS Unit

[IBRD]

global imbalance

Global Markets Monitoring and Analysis Division


[MCM/GA]

269

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Global Monitoring Report

[IMF/World Bank]
GMR

global need to supplement reserve assets

[IMF]

Global Partnership on Results-Based Aid

[IBRD]

global payments imbalance approach

" "

global public good


GPG

Global Stabilization Mechanism

GSM

global stewardship
[environment]

270

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

global
world
[SNA93]
universal

globalization

going concern

going price
[BPM5]

gold bullion

gold coin

gold exchange standard


gold standard

gold parity

271

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

gold pledge
][IMF-ESAF

gold subscription
][IMF

gold valuation
][GMBS

gold-backed

golden rule of accumulation


golden rule of capital accumulation
golden rule of growth

good governance

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

272

English

Arabic


goodness of fit
[statistics]

goods and services

[BPM5; BPM6; SNA93]

goods on consignment
[BPM5]

goods, services, and income

[BPM5]

goodwill

goodwill clause

governance of the Fund


IMF governance
[IMF]

273

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

governance
[GEF]

government agency
government department

government bond

government borrowing

government expenditure

Government Finance Division

[STA/GO]

Government Finance Statistics Manual 2001


GFSM 2001

GFSM

274

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

government finance statistics

[GFS 1986; GFSM]


GFS

Government National Mortgage Association


Ginnie Mae

government receipts
government revenue

government sector
government

government security


""

government paper

government-owned enterprise

government-sponsored enterprise
[USA]
GSE
government-sponsored entity

275

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic
][

English
]Governor of the Fund for [country
][IMF

Governor
][IMF; WB

Governor, Alternate
][IMF; WB

Governor, Temporary Alternate


][IMF

grace period
][FSIG

grade drift
grade creep

""
""

graduate
][IDA

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

276

English

Arabic


""
""
""



graduated tax

graduation
][World Bank
maturation
][USA Treasury

grandfathering

grant

grant element of a loan


grant element
][Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993
gift element

gray area measure


][trade
grey area measure

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

277

English

Arabic

gray market

Great Recession

Greater Arab Free Trade Area

GAFTA

green conditionality

green shoots

greenmail

Grievance Committee

[IMF]

gross accumulation

accumulation

gross domestic expenditure

278

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

gross domestic product

GDP

gross fixed capital formation

[GFSY; IFS; SNA93]


GFCF

gross Fund position (of a member)

] [

[IMF]

gross national expenditure

[IFS]
GNE

gross national income

GNI
GNY

gross national product


GNP

279

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

gross operating balance


[GFSM]

gross operating profit or loss

gross output

gross recording
[BPM5; BPM6]

gross reserve position


[IMF]

gross social product

[centrally planned economies]


GSP

( )

gross up

group lending

280

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Group of Seven
Group of 7
G-7

Group of Ten
Group of 10
G-10

Group of Twenty
Group of 20
G-20
Group of Twenty Finance Ministers and Central Bank Governors

G20 Developing Nations


G20
G21
G22

Group of Twenty-Four

G-24

growth accounting framework

281

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

growth path

growth-oriented adjustment

guarantee

guaranteed loan
backed loan

Guide on Resource Revenue Transparency

guidelines for borrowing by the Fund

[IMF]

Guidelines for Fiscal Risk Disclosure and Management

[IMF]

Guidelines for Public Expenditure Management

Guidelines on Conditionality (2002)

282

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Guidelines on Corrective Action

[IMF]
GCA
Guidelines on Remedial Action

haircut
[debt restructuring]

hard budget constraint


HBC

hard currency

hardening (of currency)

[1993-]

hardship
[IMF]

hardwiring

hawala/hundi alternative remittance system


hawala

283

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

head tax
community charge

[GBR]
poll tax

headline inflation
overall inflation

headquarters
principal office of the Fund

HQ

headroom

heavily indebted country

heavily indebted poor country


HIPC
highly indebted poor country

284

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



hedge clause
disclaimer

hedge currency

hedge fund
absolute return fund

hedge ratio

hedging
[forward market]

hedge

held-to-maturity Investment

285

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

herd behavior
herd effect
bandwagon
bandwagon behavior

bandwagon effect
lemming-like behavior

hidden inflation
disguised inflation

hidden subsidy
concealed subsidy

hidden unemployment
disguised unemployment

high access contingent financing

286

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

High Access Precautionary SBA

HAPA
High Access Precautionary Arrangement
High Access Precautionary Stand-by Arrangement
precautionary SBA

high frequency data


[statistics]

high technology industry

high-inflation country

High-Level Forum on Aid Effectiveness

High-Level Task Force on the Global Food Security Crisis

[UN]

highly leveraged institution


HLI

287

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

historical cost
original cost
historic cost

historical trend

hoarding
[SNA93; goods]

holder of record

holder of SDRs

holding company
holding corporation
[SNA]

holdings below allocations

[SDR]

holdings rate
[IMF]

288

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

hold-out creditor
[SDRM; bankruptcy]

holdout
dissident creditor

home bias

home country

home equity loan


equity loan
home equity credit
equity credit line

home production
household production

horizontal fund

host country

289

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


hostile takeover

hot money
flight money

household saving
consumer saving

household sector
household
[BPM5; BPM6; GFSM; SNA93]

housing correction

housing cycle

Human Development Index


[UN]
HDI

290

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Human Resources Department

[IMF]
HRD

Human Resources Services Division

[HRD/SC]
HR Services

hybrid instrument
hybrid security

hyperinflation

hypothesis testing
significance testing

hysteresis effect
hysteresis

IASB
International Accounting Standards Board
[FSIG]

291

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
IDA buy-down mechanism
][IBRD

""

IDA-only country
][IBRD

idle balances

idle money
barren money

idle resources

IDP
internally displaced persons
persons displaced within their own countries

illiquidity

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

292

English

Arabic

illiquidity risk
risk of illiquidity

illustrative quota
[IMF]

IMF Corporate Governance


corporate governance of the Fund

IMF governance reform

IMF Institute
[IMF]
INS
Institute

IMF No. 1 Account

1
1

[IMF]

IMF No. 2 Account

2
2

[IMF]

293

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

IMF Survey

IMF Terminology Working Group

[IMF-TGS]
TWG

IMF-AMF Regional Training Program

[IMF-INS]
RTP

IMF-Singapore Regional Training Institute


[IMF-INS]

STI

IMF-supported or other monetary program

[IMF monetary policy framework classification system, 2006]

Immediate Office
[IMF]
.../AI

294

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

immunity from judicial process

[IMF]

immunity from taxation

[IMF]

immunity of archives

[IMF]

immunity of assets

[IMF]

impaired asset

impaired
[bank supervision]

implicit cost
imputed cost

295

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

implicit price deflator


GDP deflator

[GFSY]

import absorption

import bill

import capacity of exports


import coverage

cover rate

import capacity
importing power

import content (of domestic products)

( )

import duty
import tariff
tariff
entry duty
entry tax

296

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English

Arabic

import penetration ratio

IPR

import price

import substitute

import substitution

import surcharge
import surtax

import-consumption ratio

ICR

imported inflation

imported unemployment

import-intensive

297

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English

Arabic

impound appropriations

sequester appropriations

improved goodwill clause


[Paris Club]

imputed value

In the Name of God, the Compassionate, the Merciful

Bism elahi-rahmani rahim

in-bond industry

incidental costs or charges

incidental unemployment

income account
[accounting]
revenue and expense account

298

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

income and outlay account

[GFS 1986; SNA93]

income bracket

income effect

income elasticity

income multiplier

income policy
incomes policy

income target
[IMF]
target income

income tax

income value

299

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
income velocity of money

income-spending lag

income-split tax system


split system

income-tested assistance

incomings

incorporated enterprise

increase in quotas
][IMF

increasing marginal return

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

300

English

Arabic

incremental approach
[IMF quota calculations]

incremental capital-output ratio


ICOR

incremental devaluation
gradual devaluation

incremental labor-output ratio

incurrence of liabilities



/
/

indebtedness

Independent Evaluation Group


[World Bank]
IEG

301

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Independent Evaluation Office

[IMF]
IEO
EVO

independent floating
[IMF exchange rate classification system, 2006]

independent float arrangement

index arbitrage

index fund

indexation

index-linking

indexed
index-linked
index-tied

industrial classification

302

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

industrial country

industrial estate
[GBR]
industrial park
[USA]

industry

ineligibility to use the Fund's resources, automatic

[IMF]

ineligibility
[AA, use of Fund resources]

inertial inflation

infant industry

inflation

303

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

inflation accounting

inflation differential

differential in inflation rates

inflation gap
inflationary gap

inflation rate

inflation stickiness

inflation targeting framework


[IMF monetary policy framework classification system, 2006]
inflation targeting

IT
direct inflation targeting
inflation targeting strategy
inflation targeting regime

inflation tax
seigniorage

304

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

inflationary expectations

inflationary finance

inflationary spiral
wage-price spiral

inflow of capital
capital inflow

informal meeting
[IMF Executive Board]

informal savings

informal sector

information cost

305

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

information notice system

[IMF, exchange arrangements]


INS
system of information notices

Information Officer, Senior

[IMF-EXR]

Information Services Division

[TGS/DI]

Information Technology Services

[TGS/I]
IT Services

Infrastructure Division

[TGS/IR]

ingot
[gold]

306

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


inheritance tax
death tax

initial margin
margin

initial public offering

IPO

initiative clause
[Paris Club]

Initiative for Coordination of European Banks


Vienna Initiative

input
[SNA93]

input-output table
IOT
input-output matrix

307

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

in-service training

insider

insider dealing
insider trading

insider loan

insolvency

insolvency risk
risk of insolvency

installed capacity
plant capacity

installment loan
installment credit

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

308

English

Arabic

installment payment

installment

Institute of International Finance

IIF

institutional investor

Institutional Repository of Fund Documents

[IMF]

Institutional Table

institutionalization

[financial sector]

Instrument to Establish the Post-Conflict Emergency Assistance Subsidy Account for


PRGF-eligible Members

309

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Insurance Code of the Inter-African Conference on Insurance Markets

[WAEMU]
CIMA Code

Insurance of troubled assets

intangible assets
[BPM5; BPM6; GFS 1986; GFSM; SNA93]

Integrated Correspondence System

[IMF]
ICS

Integrated Framework Agency Working Group

IFWG

Integrated Framework for Trade-Related Technical Assistance to Least Developed


Countries
Integrated Framework
IF

310

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Integrated Framework Steering Committee

IFSC

intensified collaboration
[IMF overdue financial obligations]
intensified collaborative element

intensified collaborative approach


enhanced collaborative approach

intensified cooperative approach


[IMF]
intensified cooperative strategy
enhanced cooperative approach

enhanced cooperative strategy


strengthened cooperative strategy
strengthened cooperative strategy on overdue financial obligations
strengthened cooperative strategy on arrears
arrears strategy

Inter-African Conference on Insurance Markets

CIMA

Inter-Agency Group on Economic and Financial Statistics

311

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
Inter-American Development Bank
IDB
IADB

interbank market

interbank offered rate


IBOR
interbank rate

Interdepartmental Low-Income Committee

Interdepartmental Task force on Food and Fuel Prices

interest differential
interest rate differential

interest due but not paid


][BPM5

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

312

English

Arabic
) (..

interest elasticity

interest mismatch

interest payable

) (

interest payment

interest rate anchor

interest rate cap


cap option
cap

interest rate capping agreements


interest rate guarantees
IRG

) (

interest rate channel of monetary policy


interest rate channel

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

313

English

Arabic

interest rate equalization tax


interest equalization tax

interest rate future

interest rate smoothing

interest recapture clause

interest receivable

[GMBS]

interest rescheduling
interest retiming

interest sensitivity
interest rate sensitivity

interest subsidy

314

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

interest-bearing

interest-free loan

intergovernmental grants or transfers

Intergovernmental Group of Twenty-Four on International Monetary Affairs and

Development
Group of Twenty-Four
G-24

intergovernmental transaction
[GFS 1986]

intragovernmental transaction
[GFS 1986]

interim assistance
[IMF; PRGF]

interim disbursement

315

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

interim Poverty Reduction Strategy Paper

[PRGF]
interim PRSP
I-PRSP

interim simplified consultation


[IMF]

interim consultation

intermediate consumption

intermediation

internal audit

internal auditor

internal rate of return


IRR

316

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

internal ratings based approach


IRB

International Accounting Standards


[FSIG]

IAS

International Bank for Reconstruction and Development

[World Bank Group]


IBRD

international banking statistics

[IMF-STA; BPM5; FSIG]


IBS

international bond

International Capital Markets Department


[IMF]
ICM

317

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

international capital markets

ICM

International Centre for Settlement of Investment Disputes

[World Bank Group]


ICSID

International Compilers Working Group on External Debt Statistics

[IMF, IBRD, OECD, BIS;Berne Union]

International Conference on National Poverty Reduction Strategies

International Conference on Poverty Reduction Strategies

International Development Association

[World Bank Group]


IDA

International Development Goals


[OECD]
IDGs
2015 targets
[Copenhagen Summit]

318

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

International Energy Agency

IEA

International Finance Corporation

[World Bank Group]


IFC

International Finance Facility for Immunization

IFFm

International Finance Facility

IFF

International Financial Reporting Standards

[FSIG]
IFRS

International Financial Statistics Yearbook


[IMF]
IFS Yearbook

319

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

International Financial Statistics

" "

[IMF]

IFS
International Financial Statistics

International Fund for Agricultural Development

[WFC]
IFAD

international investment net position


[BOP]

IIP
net external asset position

international investment position

[BPM5; Debt Guide, 1993; Balance of Payments Compilation Guide 1995; External
Debt Statistics: Guide for Compilers and Users, 1993; Debt Guide, 1993]
IIP

International Labour Office


[ILO]
ILO

320

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

International Labour Organisation

ILO

international lending process

International Monetary and Financial Committee

[IMF]
IMFC

International Monetary Fund

IMF

International Organization of Securities Commissions

IOSCO

International Reconstruction Fund Facility for Iraq

IRFFI

International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template
[IMF]

321

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

international reserves
[BPM6; GFSM; IFS]

external reserves

International Standard Classification of all Goods and Services

[UN]

ICGS

International Standard Industrial Classification of all Economic Activities

[UN]

ISIC

international transaction reporting system

[BPM5]
ITRS

International Working Group of Sovereign Wealth Funds

IWG

interofficial transaction

322

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Interpreter, Chief
[IMF-TGS]

interrelated entries

[BPM5]

( )

intervention

intervention currency

currency of intervention

intervention point
[exchange rates]
divergence threshold

maximum fluctuation limit

intra-marginal intervention
coordinated intramarginal intervention
concerted intervention

joint intervention

intrusive conditionality

323

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

inventory accumulation

inventory investment

inventory rundown

rundown on inventories

inverse yield curve

inverse term structure

Investment Account

[IMF]
IA

investment bank
[USA]
merchant bank
[GBR]

investment budget

324

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

investment company

investment expenditure

investment spending

investment income

investment income-based proxy

international income-based proxy


IIP

Investment Office
[IMF-OMD]
INV

investment vehicle

investment
[economics]

investment-grade spreads

325

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

invisible transaction
[BOP]

invitation to bid
[procurement]
ITB

invoice value

Islamic Development Bank

IsDB
IDB

isocost

isoquant

issue cost
issuance cost

( )

issuer
[BIS]

326

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

issuer-pay business model


issuer-pay model

" "
" "

Issues Brief
[IMF-EXR]

Issues Paper
[World Bank]

Istanbul Congress Center

items in transit
[GMBS]

J-curve

job seeker

jobless recovery

327

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Joint Africa Institute

[IMF-INS, AfDB, IBRD]


JAI

Joint Bank-Fund Library

[IMF-TGS]
JL
Joint Bank Library

Joint China-IMF Training Program

[IMF-INS]
CTP

Joint External Debt Hub

joint Fund/World Bank AML Methodology Document


AML Methodology Document

Joint India-IMF Training Program


ITP
India Training Center

328

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the
Transfer of Real Resources to Developing Countries
Joint Development Committee
Development Committee

Joint Oil Data Initiative

JODI

Joint Partnership for Africa

Joint Procedures Committee

[IMF-IBRD Annual Meetings]


JPC

Joint Regional Training Center for Latin America in Brazil


Brazil Training Center

[IMF-INS]
BTC

Joint Secretariat
[IMF-IBRD Annual Meetings]

329

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Joint Staff Assessment

[IMF-IBRD]
JSA

joint stock company

Joint United Nations Programme on HIV/AIDS

[UNAIDS]
UNAIDS

joint venture
joint enterprise

Joint Vienna Institute

[IMF-INS]
JVI

judgmental forecast

junk bond

kinked curve

330

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

knock-on effects

know-how

labor

labor cost

labor force participation rate


labor participation rate

participation rate

labor force
workforce
economically active population
EAP
working population

labor hoarding

331

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

labor income
[BPM5]

labor input

labor intensiveness
labor intensity

labor market

labor productivity
labour productivity
[SNA93]
productivity of labor

labor supply

labor-intensive

labor-output ratio

332

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

lagged reserve accounting

LRA

lagged variable

lagging indicator

land

land development
[agriculture]
land improvement
land reclamation

land reform
agrarian reform

landed cost
landed price

landlocked country

333

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Language Services

[TGS/L]
LS

lapse of time decision


[IMF, Executive Board]

LOT

large taxpayer unit


LTU

last in, first out


[inventory accounting]
LIFO

last in, last out


LILO

late payment
[IMF]

334

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

Latin American Economic System

SELA

layering

lead agency

lead manager
lead bank
lead underwriter
syndicate leader

leader market

leading indicator
forward-looking indicator

leading sector

335

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic
( )

leakage
[economics]

leaseback

leased goods

[BPM5]

least advanced countries


LACs

least developed countries


LDCs

least-squares estimate

LSE

legacy assets

legal and regulatory framework

336

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Legal Department
[IMF]
LEG

lender

lender of last resort


LOLR

LLR

lender of record

lending funds
loanable funds

lending into arrears policy

[IMF]

lending rate
loan rate

337

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

less developed countries

LDCs

letter of appointment

[IMF]

Letter of Intent
[IMF]
LOI

letter of transmittal

cover letter
cover note

level playing field

level-based surcharge

[IMF]
level-based interest surcharge

leveling off

338

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


leveraged buyout
LBO
leveraged takeover

leveraged loan

leveraged loan market

leveraged management buyout


LMBO

leveraged position

leveraged, highly

levy
][GFS 1986; SNA93

liability

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

339

English

Arabic

liability holdings
liabilities

liability insurance

liability operation

liberalization

liberalization of the capital account

[IMF]
capital account liberalization

Librarian, Chief
[IMF-TGS]

life annuity

life cycle hypothesis


life cycle theory

340

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

English

Arabic

life expectancy
[BPM5]

lifetime income

likelihood function

limited recourse financing

line of credit
credit line

linear programming

linear regression line


linear regression
regression line
line of best fit
line of closest fit
trend line

341

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

liquid asset

liquid asset requirement


LAR
liquid requirement

liquid liability
[IFS]

liquidation of the Fund

[IMF, Articles of Agreement]

liquidation
winding up
winding down

liquidity facility

liquidity loan

342

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

liquidity management
[GFSM]

liquidity control

liquidity overhang
excess liquidity
monetary overhang

liquidity portfolio
liquid asset portfolio

liquidity position
[IMF]

liquidity preference

liquidity ratio
[IMF]

liquidity squeeze
liquidity crisis

343

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

liquidity transformation

liquidity trap

money trap

liquidity/asset ratio

liquid assets to total assets


liquid asset ratio

listed security
quoted security

listing of securities

listing of the troubled assets purchased

loan

loan agreement

loan claim

344

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

loan commitment

loan loss provision


[FSIG]
allowance for loan losses

loan loss provisioning

loan provisioning

loan loss reserve

loan mix

loan resources

loan swap

loan-loss recognition

loan-to-value ratio

LTV ratio

345

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
local currency clause
][Paris Club

local government
][GFSM; SNA93

Lombard facility

""

Lombard rate

London interbank offered rate


LIBOR

long bank

long position

long-term interest rate


long-term rate

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

346

English

Arabic

long-term trend

loophole

loss from sale or exchange of certain preferred stock

low access PRGF arrangements

lower-middle-income country

" "

LMIC

low-income country under stress

LICUS

low-income country
LIC

low-inflation country

lump sum payment


lump sum

347

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

lumpiness

macro fund

macro-critical issue

Macroeconomic Studies Division

[RES/MT]

macro-financial linkage

macrofinancial linkages

macroprudential indicator

MPI

macroprudential policy

macroprudential regulation

348

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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( ..)
( ..)

mainstreaming

maintenance of value obligation

[IMF]

maintenance of value
[IMF]

major borrowers

major currency index

[Federal Reserve]

major industrial countries

majority action clause


[debt]

349

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

majority ownership
[corporations]

majority interest
majority control
controlling interest

maladjustment

managed float

dirty float

managed floating with no predetermined path for the exchange rate

[IMF exchange rate classification system, 2006]

managed rate

managed trade

management fee
[securities]

350

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

management letter

[IMF]

management of the troubled assets held

Management
[IMF]

managing director
[IBRD]

Managing Director

[IMF-OMD]
MD

Managing Director, Acting

[IMF-OMD]

Managing Director, Temporary Acting


[IMF-OMD]

351

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

mandatory prepayment clause

[London Club]

mandatory repurchase

[IMF]

Manual on Fiscal Transparency (2007)

()

[IMF]

manufactured goods
manufactures

manufacturing industry
manufacturing sector

manufacturing

margin account

margin financing

352

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

margin interest

margin requirement

marginal borrower

marginal cost pricing

marginal propensity to consume

marginal propensity to save

marginal rate of tax


[taxation]

marginal reserve requirement


MRR

marginal revenue product of capital


MRPK

353

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

marked-to-model

market access overall trade restrictiveness index

MA-OTRI

market borrowers

market breadth

market capitalization

[enterprises]
market cap
MCAP

market economy
market-oriented economy

market failure

market financing

354

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


market glut

market gold sales

market maker

market neutrality

market power

market price equivalent

market rate

market share

market sharing arrangement

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

355

English

Arabic

market size

market terms
commercial terms
hard terms
conventional terms

conventional market terms

market yield

market-based approach

market-based debt reduction

market-friendly policy
market-oriented policy

marketing board

marketing facilities
marketing channels

356

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

market-related terms

[lending]

mark-to-market loss

mark-to-market
mark a position to market

mark to the market


MTM

markup
mark-up
[SNA93]

mature stabilizer

mature technology

mature
[finance]

357

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

maturity date
maturity

maturity distribution
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]
maturity breakdown
maturity profile

[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]
maturity structure
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]
repayment profile

maturity mismatch
maturity gap

maturity period
[Paris Club]

maturity transformation

maximum access entitlement


[IMF]

358

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English
MDG Africa Steering Group
][UN

MDRI-I Trust

MDRI-II Trust

means of payment

means-tested assistance

Media Relations Division


][EXR/MR

median
][statistics

medium of exchange

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

359

English

Arabic

Medium Term Development Framework

MTDF

medium-term expenditure framework

MTEF

medium-term instrument

[IMF]

medium-term interest rate

medium-term rate

medium-term loan

medium-term strategy

MTS

member country
[IMF]
member
[IMF]

360

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

membership resolution

[IMF]

membership
[IMF]

memorandum entry
memorandum item

memorandum of understanding

[IMF]
MOU

Memorandum on Economic and Financial Policies


[IMF]

MEFP

menu approach
[debt]

menu item
[debt]

361

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

merit good

merit increase

metadata
[EBBS; BPM6]

Mexico/Latin Caribbean Division

[WHD/ML]

microprudential regulation

Middle East and Central Asia Department

[IMF]
MCD

Middle East and Central Asia Economic Outlook

Middle East Technical Assistance Center


[IMF]
METAC

362

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

middle rate
midpoint rate
[BPM5]

middle-income country under stress

MICUS

mid-point
midpoint

midterm review
[IMF programs]

midyear review
[IMF]

migrants' remittances
[SNA93]

migrants' transfers
[BPM5]

363

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Arabic


English
Millennium Development Goals
MDG

mineral rights

minimum acceptable bid


stop-out price
cut-off price

minimum living wage

mining

misalignment

misallocation of resources

misreporting
][IMF

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

364

English

Arabic

mission chief
[IMF]
mission head
head of mission
chief of mission

mode
[statistics]

Modern Portfolio Theory


MPT

portfolio theory

momentum trader
positive feedback trader

monetary aggregate anchor


[IMF monetary policy framework classification system, 2006]

Monetary and Capital Markets Department


MCM

365

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Monetary and Exchange Regimes Division

[MCM/ME]

Monetary and Financial Statistics Manual

MFSM

monetary asset

monetary control

monetary dominance

monetary economics

monetary flow

monetary gold

monetary management

366

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

monetary policy

monetary policy framework

monetary survey
[IFS]

monetary tightening
tight monetary policy
tightening
monetary restraint

monetary stringency
tight money
tight money policy

monetization

monetization of government debt


monetization of the deficit

367

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

monetization of the economy

money

money and banking statistics

[IMF]

money creation

money illusion

money income

nominal income

money market mutual fund


MMMF
money market fund
MMF

368

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

money market
[FSIG]

money multiplier

money rate
[interest]

money supply
[SNA93]
supply of money
M
money stock
stock of money

money wage
nominal wage

monoline insurer

monopoly power

369

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

moonlighting

moral hazard

moral suasion
suasion
jawboning
window guidance
WG

moratory interest
[Paris Club]
moratorium interest

mortgage

mortgage bank
mortgage credit institution
mortgage company

mortgage redemption

370

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

mortgage servicer

mortgage servicing rights

MSR

mortgage-backed security
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

MBS

most favored nation clause

[Paris Club]
MFN clause

moving average

multicurrency loan

multicurrency peg

multicurrency pegging

multi-currency reserve system

371

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multilateral consultation on global imbalances

multilateral credit line

multilateral creditor

Multilateral Debt Relief Initiative

MDRI

multilateral development bank

MDB

Multilateral Exchange Rate Model

[IMF]
MERM

Multilateral Investment Guarantee Agency

[World Bank Group]


MIGA

multilateral surveillance

372

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

multilateral system of payments

multilateral trade negotiations

MTN

multinational enterprise
transnational enterprise

multiple currency practice


multiple exchange rate practice

multiple exchange rate system


multiple rate system

multiple regression

multipurpose bank

multiservice bank
multiple bank
all-purpose bank
universal bank

373

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

multiregion econometric model


[IMF]

" "
""
(" )"

MULTIMOD econometric model

multiyear debt rescheduling arrangement


[Paris Club]

MYRA
multiyear rescheduling arrangement
multiyear debt rescheduling agreement
multiyear debt rescheduling
multiyear rescheduling agreement

Mustapha Pasha loan


Pasha loan

mutual savings bank


MSB

naive forecasting model


naive model

naming and shaming

374

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

""

English

Arabic

narrowly defined money supply


narrow money
transaction money

Nash equilibrium

national accounting
national accounts

National Commission on Fiscal Responsibility and Reform


[USA]

Fiscal Responsibility and Reform Commission


Fiscal Commission
FC

national consolidation

[MPI]

National Development Plan

NDP

national estimates

375

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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national income

national product

national wealth

national worth

natural person
individual

natural rate of unemployment


nonaccelerating inflation rate of unemployment
NAIRU

normal unemployment rate


full-employment unemployment rate
warranted unemployment rate

near-program

negative externality
external diseconomy

376

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

negative pledge clause


[London Club]

covenant of equal coverage

negotiable security

marketable security

net asset value


NAV
net asset value per share

net borrowing

net capital formation

net cash basis

net cash income

net creditor country

377

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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net creditor position


net credit position

[securities settlement systems]

net cumulative allocation

net debtor country

net debtor position

net domestic product

NDP

net earnings
[accounting]

net errors and omissions

net E&O

net factor income

378

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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net interest income

[FSIG; MPI]

net international reserves

NIR

net lending

net material product

[centrally planned economies]


NMP

net national product

NNP

net official holdings

net operating balance

[GFSM 2001]

net operational income


[IMF]

379

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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net position
[MPI]

net present value of debt

[HIPC Initiative]
NPV of debt

net present value of debt-to-fiscal revenue target


[HIPC Initiative]

NPV of debt-to-fiscal revenue target

net present value


NPV

net recording
[BPM5]

net reserves indicator

net SDR charges


[IMF]

380

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

net taker of funds

net worth of an economy


net worth

net wealth position


net wealth

net worth
capital
net assets
owner equity
owners' equity
stockholder equity
equity

net yield
[securities]

network externalities
network effect

381

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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New Arrangements to Borrow

[IMF]
NAB
new agreements to borrow

New Deal on Global Food Policy

New Deal for a Global Food Policy

new income model

new money
[London Club]
new credit
fresh money

New Partnership for Africa's Development

( )

NEPAD

new trade theory

382

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

newly industrialized economy


[IMF]

NIE

newly industrializing country


[IMF, OECD]

NIC

News Brief
[IMF document series; NB/...]
NB

" "

ninja loan
NINJA
no income, no job, no asset
No-income no-job no-asset verification loan

Nomenclature for the Classification of Goods in Customs Tariffs


Customs Co-operation Council Nomenclature

CCCN
Brussels Tariff Nomenclature
BTN
Brussels Nomenclature

383

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )
( )

English

Arabic

nominal anchor
[exchange policy; monetary policy]

nominal effective exchange rate index

NEER index

nominal effective exchange rate

NEER

nominal GDP
money GDP
current-price GDP
GDP at current prices

nominal interest rate


stated interest rate

nominal interest

nominal value
money value
par value
face value
denomination

384

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

nonacceleration clause

nonaccrual loan
nonaccruing loan
problem loan
nonaccrual asset
nonaccrual credit

nonaccrual status, country on

nonaccrual country

nonagency securitized mortgage

nonbank bank
near bank

nonbank financial institution


NBFI

nonbank financial corporation

nonbanks

385

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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nonborrowed reserves
own reserves

owned reserves

noncapital goods

noncash economy

noncash issuance (of government securities)

noncompetitive bid

( )

[securities auctions]

noncomplying purchase
[IMF]

nonconcessionary flow

nonconcessional flow

non-conforming mortgage

386

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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noncooperation

noncore bank

non-debt-generating flow
non-debt-creating flow

nondebt flow

nondurable good

nonearning asset

non-emerging market developing countries

nonequity financial flow

nonfactor inputs

nonfactor payments

nonfactor services

387

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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nonfiler
[taxation]

nonfinancial corporate and quasi-corporate enterprise sector

[GFS 1986]

nonfinancial intangible assets

nonfinancial intangibles

nonfranc country

nonfuel exporters

nongold reserves

nongovernmental organization

NGO

nongovernmental sector

388

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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noninstitutional financial sector


informal financial sector

non-interest-bearing

nonlabor cost

nonmarket activity

nonmarket economy

nonmonetary capital

nonmonetary financial institution

nonmonetary gold
[BPM5; BPM6; GMBS]

nonnegotiable security
nonmarketable security

389

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

nonobservance
[IMF]
noncompliance

non-oil developing country

NODC

non-oil GDP

non-oil primary producing country

nonperformance
[contracts]

nonperforming loan
[BPM6; FSIG]
NPL
nonperforming asset
[FSIG]
nonperforming credit

390

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

nonprofit institution
NPI

nonprofit organization
NPO
nonprofit body

nonprofit institutions serving households

NPISH

nonpublic sector

nonpublic utilities

nonrecurrent expenditure
nonrecurrent expense

nonrecurrent outlay

nonrecurrent revenue
nonrecurrent receipt
nonrecurrent income

391

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

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nonreserve capital

[BPM5]

nonreserve claim

nonreserve currencies

nonsalary earner

nontariff measure

nontariff
NTM
nontariff barrier
NTB

nontax revenue
[GFSY; GFSM]

nontradable goods
nontradables

392

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

nontraded good

nonwage awards

nonwage income

nonwage labor costs

norm for remuneration


][IMF

normal distribution curve


bell curve
bell-shaped curve
Gaussian curve
normal probability curve

normal variable

normalize
][measurement

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

393

English

Arabic

normalized unit labor cost

North American Division

[WHD/NB]

North American Free Trade Agreement


NAFTA

Northeastern Division

[EUR/NE]

Northern Division
[EUR/NO]

not applicable
n.a.

not available
n.a.

394

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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not elsewhere classified

[GFSM]
n.e.c.

not elsewhere specified

n.e.s.

not included elsewhere

n.i.e.

not separately recorded

n.s.r.

note issuance facility


NIF

note purchase facility

note purchase agreement

NPA

notes

395

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

notice of failure to fulfill obligations

[IMF]

notification system

[IMF, exchange arrangements]

notional

notional bond

notional drawing right

[IMF]

notional institutional unit

notional unit

null hypothesis
null, the

obsolescence

396

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Occasional Paper
[IMF]

off-balance-sheet item
below-the-line item

off-balance-sheet account

off-budget transaction
off-budget activity

office audit
desk audit
documentary audit

off-site supervision
off-site inspection

Office of Budget and Planning

[IMF-OMD]
OBP

Office of Executive Directors


[IMF]
OED

397

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Office of Executive Secretary, Joint Development Committee

[IMF-OED]
DC
JDC

Office of Financial Stability

Office of Internal Audit and Inspection

[IMF-OMD]
OIA

Office of Technical Assistance Management

[IMF-OMD]
OTM

Office of the Deputy Managing Director

[IMF-OMD]

Office of the Managing Director


[IMF]
OMD

398

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Offices in Europe
[IMF]
EUO

official borrowers

official capital flows


official flows
official financial flows

official community

official creditor

official debt

official development assistance


[Debt Guide, 1993; OECD]
ODA

399

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

official development bank

[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

official holdings

official multilateral debt renegotiation

official sector
[BPM5]

official settlement balance

official traveler

[BPM5]

official value
[customs]
posted value
administrative value
standard value

officially guaranteed trade-related claims

400

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

officially supported export credit

[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

offsetting entry
[BPM5]
balancing entry
contra entry
offset

offshore bank
offshore deposit taker

offshore banking center

offshore financial center assessment report

OFC assessment report

offshore financial center


[BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for
Compilers and Users, 1993]
OFC

401

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

Arabic

English
offshore processing industry
offshore enterprise

offshore processing
offshore assembly

offshoring

off-track

oil bill

Oil Facility
][IMF; IFS

oil-exporting country

Ombudsman
][IMF
Ombudsperson

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

402

English

Arabic

on an annual basis
annualized basis, on an

full-year basis, on a

one-crop economy

single-crop economy

one-tailed test
[statistics]
one-sided test
single-tailed test

onlending cost

on-lending of borrowed funds


onlending

online access

online course

[IMF-INS]

403

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
online information network

onshore bank

on-the-job training
OJT

on-track

open capital account


][IMF

) (

open inflation

open lending policy

open market operation

open market price

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

404

English

Arabic

Open Society Institute

OSI

open unemployment

open-end mutual fund


mutual fund
unit trust

[GBR]
open-end investment company
open-end investment trust
open-end investment fund

opening asset

opening liability

opening remarks

openness

operating account

405

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

operating budget

operating costs

[MPI]
operational costs
[MPI]

operating income
[FSIG]
operational income

operating lease
operating leasing
operational lease
operational leasing

operational budget

[IMF]

operational risk

406

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

operational staff
[IMF]

operations account

[franc zone]

Operations Division

[SEC/OP]

operations research

O.R.
OR

opportunity cost
[SNA93]

opt out
[SDR]

407

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

optimal currency area

[EMS]
OCA
optimum currency area
[EMS]

optimum search strategy

option contract
option

option exchange

order instrument

order paper

orderly liberalization of capital movements

orderly marketing arrangement


OMA
orderly marketing agreement

408

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

ordinary least squares

[statistics]
OLS

ordinary resources

[IMF]

Organisation for Economic Co-operation and Development

OECD
Organization for Economic Cooperation and Development
[IMF]

Organization of American States

OAS

Organization of the Petroleum Exporting Countries

( )

OPEC

original maturity
[BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for
Compilers and Users, 1993]
initial maturity

409

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

original member
[IMF]

originate and hold model

O&H

originate to distribute model


[USA]

originate and distribute model


originate and distribute strategy

originating lender
originator

other conventional fixed peg arrangements

[IMF exchange rate classification system, 2006]

other depository corporations

ODC

other holder of SDRs


[IMF]

410

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

outflow of capital
capital outflow

outgoings
outlay(s)

out-of-lineness
[IMF]

output

outreach program
[IMF]
outreach seminar

outreach visit

outright gift

outright loan

411

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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outsourcing
vendorization
contracting out

outstanding bonds
outstanding securities

[BPM5]

outstanding borrowing

outstanding claim

outstanding debt

outstanding drawings (on the Fund)

outstanding Fund credit


outstanding use of Fund credit

outstanding interest

412

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

English

Arabic

outstanding liabilities
outstanding stock of liabilities

outstanding loans

outstanding obligation

outstanding public debt


outstanding government debt

outstanding purchases

[IMF]

outward direct investment

outward
outward investment

outward-looking policy

outward-oriented economy

outward-looking economy

413

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
outward-oriented growth strategy

overall demand

overall fiscal balance


][GFSM 2001
overall balance
][GFSM; IFS

overdraft

overdraft checking account

overdraft credit

overdue country
][IMF

overdue financial obligation to the Fund


][IMF
overdue financial obligation

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

414

Arabic

English
overdue payment to the Fund
][IMF

overdue repurchase

overexposed bank

overexposure

overhead expenses
overhead
overhead costs

overheating
][economics

overindebtedness

overinvoicing
][BPM5

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

415

English

Arabic

overnight credit
overnight loan
overnight money
overnight funds

overnight interest rate swap


overnight index swap
OIS

overrepresented countries

over-resourcing the IMF

oversaving

oversee the international monetary system


][AA

overshooting

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

416

English

Arabic

oversight

oversubscription

oversupply
excess supply

overt devaluation

overt subsidy

over-the-counter financial derivative


OTC financial derivative

over-the-counter market
OTC

over-the-counter option
OTC option

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

417

English

Arabic

over-the-counter stock

own-account fixed capital formation

ownership

Pacific Division
[WHD/PA]

Pacific Economic Cooperation Council

PECC

Pacific Financial Community

CFP

paid-up capital
paid-in capital

paired accounts

418

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

panel expert
[IMF-FAD, MAE]

panel
expert panel

paper currency
paper money
[BPM5]

paper loss
unrealized loss
book loss

paper
[finance]

par bond exchange


[debt restructuring]

par exchange

419

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

par value of currency


central parity

central parity rate

par value system

parallel contingency financing

parallel economy

parallel financing

side financing

parallel market
[SNA93]

parent bank

parent company

parent corporation
parent enterprise

420

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

pari passu clause


[London Club]

Paris Club Secretariat

Paris Declaration on Aid Effectiveness

Paris Office
[IMF-EUR]
EUO/PA

parity

parity grid
grid of parities
grid

parsimonious conditionality
parsimony

principle of parsimony

partial interest forgiveness

421

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

participant
[IMF, SDR Department]

participatory PRSP
[PRGF]

full participatory PRSP

partnership

pass on
[lending]

passbook savings account


passbook account

passenger services

[BPM5]

pass-through basis, borrowing on a

pass-through of international prices

422

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

pass-through taxation
pass-through

shifting of tax

past due interest


PDI

pattern of trade
trade pattern

pay parity

pay-as-you-earn withholding

PAYE

pay-as-you-go system
PAYG
unfunded system
unfunded pension plan
[Balance of Payments Manual - 5th edition]
unfunded retirement scheme

423

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

paying agency
paying agent

payment arrears
][IMF
arrears

payment in kind

payment leads and lags

payments restriction

payroll tax

payroll
][GFSM

peak

peg a currency to

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

424

English

Arabic

peg
[exchange rates]

pegged exchange rate

pegged exchange rates within horizontal bands

[IMF exchange rate classification system, 2006]

penalty charge
[arrears]

penalty clause

penalty interest rate


penalty interest

penalty rate

pending claim
outstanding claim

425

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

pension plan
pension scheme

pensionable salary
pensionable wage

pent-up demand

per capita

per head

per night allowance

[IMF-HRD]
per diem

percentage change

percentage point

perfect capital mobility

426

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

perfect foresight model

performance appraisal

performance evaluation
performance assessment

performance bond

performance budgeting system


performance budget
output budget

performance budgeting

performance criterion

[IMF]
PC

performance of financial obligations

427

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

performance-related contract
performance contract

management contract
development contract

performing loan
performing debt

period of consent
[IMF quota increase]

periodic charges
[IMF]

periodic consultation
[IMF]

perpetual bond
nonredeemable bond
nonmaturing bond
annuity bond
consol
[GBR]

428

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

perpetual inventory method


PIM

perpetual inventory system

Personal Assistant to the Managing Director

[IMF-OMD]

personal consumption expenditure


PCE

private consumption expenditure

personal effects
[BPM5]
personal property

personal exemption
[taxation]

personal allowance

personal income tax

429

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

personal income
[macroeconomics]

personal property
[taxation]

personal savings

personal travel
[BOP]

Personnel Manager, Senior

[IMF]
SPM

perverse effect

phase out

phasing of purchases
[IMF]
phasing

430

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



physical asset
real asset
tangible asset

pioneer industry

pipeline, in the

placement
[securities]

plain vanilla asset-backed security


vanilla ABS

vanilla asset-backed security

planning-programming-budgeting system
PPBS

program-based budgeting system


program budget
program budgeting

plant and equipment

431

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

pledge
[HIPC]

pledged account

pledged asset
pledge

pledged gold

point of valuation

point-in-time rating

PIT

policies and practices of the IMF

policies and procedures of the Fund

policy buffer

432

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Policy Communication Division

[EXR/PO]

policy framework paper

[IMF-IBRD]
PFP

policy instrument

policy interest rate


policy rate
policy-related rate

policy mix

Policy Monitoring Arrangement

PMA

policy of restraint

433

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

policy on enlarged access to the Fund's resources


[IMF]

enlarged access policy


[IMF]
EAP

policy package

policy statement

Policy Support Instrument

[IMF]
PSI

policy variable

policy-based lending
[IBRD]

policy loans

policymaker

434

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

political economy

pooling arrangement

population pressure
demographic pressure

population pyramid
age pyramid

port services
][BPM5

portfolio assets

portfolio choice

portfolio choice theory

portfolio debt flow

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

435

Arabic

English
portfolio equity flow

portfolio flow

portfolio insurance

portfolio investment

portfolio shift
portfolio reshuffling
portfolio switching

] [
] [

position

position in the Fund


net Fund position
Fund position

positive feedback loop

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

436

English

Arabic

Post SCA-2 Administered Account

post-conflict country

Post-Conflict Reconstruction Fund

[IBRD]
PCRF

posted price

postpayment

[BPM5]

post-program monitoring

[IMF]
PPM

potential growth

potential output

[macroeconomics]

437

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Poverty and Social Impact Analysis


poverty and social impact assessment

PSIA

poverty line
poverty income threshold

poverty reducing expenditure


PRE

pro-poor spending

Poverty Reduction and Growth Facility

[IMF]
PRGF

Poverty Reduction and Growth Trust


PRGT

438

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Poverty Reduction Strategy Paper


[IMF-IBRD]

PRSP
National Poverty Reduction Strategy Paper
[GNB]
NPRSP

PPP GDP booster

precautionary balances

[IMF]

precautionary demand for money

precautionary instrument

precautionary motive

( )

predictive power

pre-emerging market country

439

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

preference bond

preferential tariff arrangement

Preferential Trade Area for Eastern and Southern African States

PTA

preferred creditor

preferred share
preferred stock
preference share
[GBR]

preferred share/equity

pre-investment study

premium received

440

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

premiums less claims

[BPM5]

prepayment

prepayment clause

[lending]

prepayment of debt
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

debt prepayment

prescribed operation

[SDR]

prescribed SDR holder

[IMF]
prescribed holder of SDRs

prescription of currency requirements


[IMF, AREAER]
prescription of currency

441

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Press Release
[IMF document series; PR/...]
PR

presumptive assessment

[taxation]

prevailing market rate


going rate

prevention
[IMF overdue financial obligations]

preventive action
preventive measure

previously rescheduled debt

[Debt Guide, 1993; Paris Club]


PRD

PRGF and HIPC Financing Division


[FIN/PH]

442

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

" " " "

Arabic
" "

English
PRGF arrangement
][IMF

" "

PRGF Operations Division


][SPR/GF
POD

" "

PRGF Trust Loan Account


Loan Account

" "

PRGF Trust loan


][IMF

" "

PRGF Trust Subsidy Account


Subsidy Account

" "

PRGF Trust
][IMF

" " " "

PRGF-ESF Trust

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

443

English

Arabic
" " ""

PRGF-HIPC Trust
][IMF

price control

price discrimination
discriminatory pricing

)(..
) (..
) (..

price elasticity

price expectation

price fixing agreement

price follower

price freeze

price incentive

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

444

English

Arabic

price index

price inflation

price leader

price maker
price setter

price premium

price range

price sensitivity

price taker

price-earnings ratio
PER
PE ratio

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

445

English

Arabic

price-sensitive information

price-sensitive data

pricing policy
price policy

pricing
price setting
price determination

primary exporting country

primary fiscal balance

primary balance

primary money

primary producing country

446

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

primary product
primary commodity

commodity

primary reserve assets


primary reserves

[banking; USA]

prime borrower

prime rate

base lending rate


BLR

principal

Principal Global Indicators

principal reserve asset

447

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

principal-agent problem

prior action
[IMF arrangements]
PA

prioritization of debt

ranking of claims

prisoner's dilemma

private equity

private label securitization market

private nonprofit institution


private nonprofit entity

private paper

448

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

private placement
[securities]
private offering

private rate of return

PRR

private-label mortgage
private label security

private-label security

probability level
[statistics]
probability

procedural guidelines

[IMF Executive Board]

proceeds (from a sale)

449

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

English

Arabic

procurement

procurement price

procyclical

procyclical bias

pro-cyclical regulatory response

producer price index

PPI

producer surplus

producer's price

producer price

producer's value

450

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

product

product wage

production account

[BPM5; GFS 1986; SNA93]

production factor
factor of production

factor
input

production function

production incentive

production possibility frontier


PPF
production frontier
production possibility boundary
production possibility curve
transformation curve

451

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

production sharing contract


PSC

productive base

productivity gain

profit

profit ratio
profit margin
margin

profit sharing

profit squeeze

profit taking

profit tax

452

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

profitability
earning power

profits of fiscal monopolies

program adjuster
[IMF]

program country
[IMF]

program loan

program trading
[securities]

progress report
status report

progressive tax

453

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

progressivity
[taxation]

prohibition of short-sale

prohibition of short sale

prolonged user of IMF resources

) (

[IMF]

promissory note
note

propensity to consume

propensity to save

property and assets of the Fund

[IMF]

property income

454

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

property tax
tax on property

proposed amendment

[IMF]

prospect theory

protective tariff

protracted arrears (to the Fund)

( )

[IMF]

provident fund
[GMBS]

provision
[GBR]
accruals
[USA]

455

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

provisional administration
[bank supervision; insolvency]

conservatorship

provisioning
[BPM5; Debt Guide, 1993; FSIG]
establishment of provisions

proxy variable
proxy value
proxy

PRSP approach
PRSP process
[PRGF]

PRSP Preparation Status Report

[IMF-IBRD]

PRSP Progress Report


Annual PRSP Progress Report
[IMF, World Bank-IDA]
APR

456

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

prudential

prudential ratios
[bank supervision]

prudential regulation

prudential standards

Public Affairs Division

[EXR/PU]

Public Affairs Officer

[IMF-EXR]

Public Affairs Officer, Senior

[IMF-EXR]

public auction

public authorities

457

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

public capital formation

public debt
[Debt Guide, 1993; SNA93]

public enterprise
public corporation
state enterprise
state-owned enterprise
SOE

state-owned corporation
government enterprise
government corporation

public financial institution

[GFS 1986]
PFI

Public Financial Management Division, I, II


[FAD/M1, M2]
M1, M2

458

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

()( )

English

Arabic

public financial management

PFM

Public Information Notice

[IMF-EXR]
PIN

public nonmonetary enterprise

[GFS 1986]

public offering
[securities]
public placement

public or publicly guaranteed debt

government or government-guaranteed debt

public sale

public sector borrowing requirement(s)


PSBR

459

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

public utility
public service corporation

utility

Publication Services Section

[EXR/EP/PS]

publicly issued

publicly traded share

public-private partnership
PPP

( )

PPIP

puncture asset bubbles

punitive measure
[IMF overdue financial obligations]

purchaser's price

460

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

purchasers' value

purchasing power parity exchange rate

PPP exchange rate

purchasing power parity

PPP

pure economic rent

pure signaling instrument

put option clause


put option
put

put option
put

qualified countries

461

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

qualified majority voting

QMV

qualifying member

quantification
[SNA93]

quantity sensitivity

quantity theory of money

quantum index

Quarterly External Debt Statistics database


QEDS
Quarterly External Debt Database
[IMF]

462

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Quarterly National Accounts Manual--Concepts, Data Sources, and Compilation

[IMF]
Quarterly National Accounts Manual

QNA Manual

quarter-on-quarter growth rate

quasi-corporate enterprise
quasi-corporation

quasi-money instrument

near cash instrument

quasi-money
near-money

quick asset

quick-disbursing short-term liquidity facility

quick-yielding project

463

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

quiet facility

" "

quiet facility

quota

quota and voice

quota formula

quota limit
[IMF; ESAF]

quota review
[IMF]
review of quotas

464

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

quota share
[IMF]
actual quota share
share in actual quotas
share in total quotas

quota-based institution

quoted price
[BPM5]

rampant inflation
runaway inflation
galloping inflation
[SNA93]

random variable

randomness

range

465

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

ranking

Rapid Access Line

RAL

Rapid Credit Facility

RCF

" "

ratchet effect

rate of charge
[IMF; SDR use]

rate of crawl

rate of return

rate setting policy


pricing policy

466

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

rate tiering
tiering

rates
[GBR]

rating shopping
credit rating shopping

rating
[securities]

rational expectations
[SNA93]

raw data
crude data

real balances effect


Pigou effect

467

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

real effective exchange rate index

REER index

real estate tax

real flow

real interest rate

Real Sector Division

[STA/RE]

real terms of trade

real terms
in real terms
constant terms

real wage

468

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

realized price
price realized

rebalancing of portfolio

[IMF, P45]
portfolio rebalancing

recapitalization
[banks]

recapture clause

receiver

[bank supervision; insolvency]

receivership

469

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

reciprocal currency arrangement


cross-currency swap

foreign currency swap


swap arrangement
currency swap arrangement
swap

reciprocal exchange guarantee

reconciliation account

reconciliation table

reconciliation
reconcilement
conciliation

record-keeping system
recording system
[BPM5]

470

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

recovery
[loans]

Recruitment and Staffing Division

[HRD/RS]
RSD

recurrent budget

recurrent expenditure
recurrent expense

recurrent outlay

recurrent revenue
recurrent receipts
recurrent income

recycling
[finance]

redemption (of a pledge)

471

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

redemption
retirement

redemption, right of

rediscount ceiling
[central banking]

rediscount quota

rediscount rate

redistributional transfer payments

reduced-form equation

reference currency

reference rate
[MPI]

reference zone (of rates)

472

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

refinancing risk

refinancing
][Debt Guide, 1993; SNA93

reflation

reflow
][SNA93

reflows of flight capital


return of flight capital
repatriation of flight capital

reflows, use of Trust Fund


][IMF

refund of charges
][IMF

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

473

English

Arabic

refunding
[repayment]

region of acceptance

[statistics]

region of rejection
[statistics]

Regional Advisory Group

regional balance of payments statement

[BPM5]

Regional Economic Outlook

[IMF]

REO

Regional Office for Asia and the Pacific


[IMF]
OAP

474

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Regional Office for Central Europe and the Baltics

[IMF]

regional reserve pooling

regional technical assistance center

[IMF]
RTAC

( )

registered check
register check

registered instrument
registered security

regression equation

regression of Y on X

Y X

regressive tax

475

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

regressivity
[taxation]

regular election
[IMF, Executive Directors]

regular meeting
[IMF, Executive Board]

Regulation and Supervision Division

[MCM/FR]

regulatory agency

regulatory capital requirements

regulatory capture

regulatory forbearance

476

/ /

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

regulatory power

rehabilitation

rehabilitation program
[enterprises]

reinvested earnings

[BPM5; BPM6]

relative share

relending

remedial measure
[IMF overdue financial obligations]
corrective action
corrective measure
remedial action

477

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

remit-independence-accountability framework

RIA framework

remittance of funds

remittance recipient

remitted earnings
[BPM5]

remunerated reserve tranche position

[IMF]

remuneration
[IMF]

remuneration, rate of
[IMF]

478

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

renewable
replenishable
reproducible

rental income

rent-seeking

repayment capacity

repayment period
[Paris Club; Debt Guide, 1993]

repayment schedule

repayment
[GFSM; SNA93]

replenish the Fund's holdings of currencies


[IMF-AA]

479

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

replenishment of Fund resources

[IMF]

replenishment of reserves

report of the Executive Board

[IMF]

Report on the Observance of Standards and Codes

[IMF]
ROSC

reporting agency
[IMF-STA]

reporting country

reporting period
[BPM5]

480

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

representation of balance of payments financing need


[IMF]

representation of need
declaration of BOP-related need
declaration of need

representative rate
[IMF; exchange]

representative set of currencies


[IMF]

Representative to the WTO

[IMF-EUO]

repricing of risk

repricing period

481

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

repurchase agreement
repo

RP
repurchase operation
repurchase transaction

repurchase market

repo market

request for proposal

[procurement]
RFP

required reserve ratio


minimum reserve ratio

reserve requirement
reserve ratio
legal reserve ratio

requirement of need

[IMF; SDR]

requited current transfer

482

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

requited payment
[GFS 1986]

rescheduling country
rescheduler

research and development

R&D

Research Department

[IMF]
RES

reservation price

reservation price (of labor)


reservation wage

reserve asset

483

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Reserve Augmentation Line

[IMF]
RAL

reserve creation
[BPM5]

reserve currency

reserve ease
reserve cushion

reserve inadequacy

reserve deficiency
inadequacy of reserves

reserve pooling arrangement

reserve position
[country]

484

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

reserve requirement
[SNA93]

minimum reserve requirement


required reserves

reserve stringency

reserve target

[IMF]

reserve tranche position


[IMF]

reserve tranche purchase

[IMF]

reserve
[SNA93]

reserve-related official borrowing

reserve-related transaction

485

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

residence of enterprises

residence of individuals

[BPM5]

resident official sector

[BPM5]

Resident Representative

[IMF]
Res. Rep.

Resident Representative, Senior

[IMF]

residential construction

residential demand

resident-to-resident transaction
[BOP]

486

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

residual item
[BPM5]

residual maturity
[BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for
Compilers and Users, 1993]
remaining maturity
[Debt Guide, 1993; FSIG]

residual method

resilience
[FSIG]

Resolving Crisis, Building Recovery

resource allocation
allocation of resources

resource gap

487

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Resource Management Division

[MCM/RM]

resource rich countries

respondent

( )

[IMF-STA; surveys]

responsive

rest of the world account


[BPM5; BPM5; SNA]

ROW Account
rest of the world sector
[BPM5, SNA 1993, GFSM 2001]

restocking

restricted deposit
[GMBS]

488

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

restrictive business practices

results-based aid

[IBRD]

retail bank

retail price index


RPI

retained earnings
[BPM6; FSIG]
undistributed earnings
[BPM5]
undistributed profits
retained gains

retaliatory measure

retirement of outstanding debt

489

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic
)(
) (

retrenchment

retrenchment from risk

return on investment
ROI
return on capital employed
return on capital invested

returned exports and imports


][BPM5

returns to scale

revaluation

revaluation changes

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

490

English

Arabic

Revenue Administration Division I, II

() ( )

[FAD/R1, R2]
RAD1
RAD2

revenue collection

revenue sharing
tax revenue sharing
tax sharing arrangement

revenue shortfall

revenue stamp
tax stamp

reversal of a loan
[IMF]

reverse auction

491

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

reverse mortgage
reverse annuity mortgage

RAM

reverse repurchase operation


reverse operation

reverse transaction
[BPM6]
matched sale-purchase agreement
[USA]
MSP
reverse repo
[BPM6]

reverse stand-by arrangement

review mission (Fund)

( )

review
[IMF]

reviews-based approach

492

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

revised downward

revised upward

revolving character of resources

[IMF]

revolving credit facility


revolving credit

revolving underwriting facility

[Debt Guide, 1993; FSIG]


RUF
[BPM5; Debt Guide, 1993; Balance of Payments Manual - 5th edition; External Debt
Statistics: Guide for Compilers and Users, 1993]

ride the storm

right to terminate participation


[IMF]

493

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

right to withdraw
[IMF]

rights accumulation program

[Debt Guide, 1993]


RAP

rights approach
[IMF]

rights approach
[IMF]

rightward tilt

)(
)(

ring system

[indirect taxation]

ringfence
ringfencing

ring-fenced country

494

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

risk appetite index


RAI

risk appetite
appetite for risk

risk asset

risk aversion

risk avoider

risk exposure
exposure

risk management
risk management process

risk mutualization

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

495

English

Arabic

risk premium on interest rates


risk premium

risk retention policy

retention policy

risk taker

River Plate Division

[WHD/RL]

RMBS
residential mortgage-backed security

robustness

rogue state

rogue nation
renegade government

rollback commitment
[WTO]

496

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic
( )

rollover

( )

rollover credit

rollover risk

rule of law

rules and practices of the Fund


[IMF]

( )

standard practices (of the Fund)

Rules and Regulations

[IMF]

rules for designation

[SDR]

rules for reconstitution


[SDR]

497

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

rules for repurchase

[IMF]

run on a currency

safeguard measure
[SNA93]

safeguard clause
safeguard
[SNA93]

safeguards assessment

Safeguards Assessments Division

[FIN/SA]

safeguards on the use of Fund resources

safeguards

salary

498

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



salary scale
[general]
salary schedule
wage scale
wage schedule
pay scale
pay schedule
pay table

sales tax
[GFS 1986; GFSM]

sample

sample survey
[BPM5]

sampling
[BPM5]

satellite currency

499

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

saturated market
filled market

Saudi Arabian Monetary Agency

SAMA

saving

saving rate
saving(s) ratio

savings account

savings and loan association

S&L

savings bank
[BPM5]

savings bond

500

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

savings glut

scale effect

scale factor

scaling factor

scale variable

scaling-up of aid

scarce currency

scarcity rent

hotelling rent
HR

scatter diagram

scenario

501

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

schedular tax

schedule of charges

schedule of repurchases

scheduled repurchase

[IMF]

SDR as unit of account

SDR qua unit of account

SDR assessment
assessment

SDR Department

SDR holdings account

SDR account

SDR interest rate

502

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

SDR interest rate basket


SDR basket

SDR interest
[IMF]

SDR loan facility


same-day loan facility

[review of quotas]
SDR loan arrangement
same-day, no cost SDR loan
SDR same-day facility
same-day borrowing/repayment of SDRs
same-day loan and repayment in SDRs
SDR Facility

SDR valuation basket


SDR basket

SDR-denominated

503

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


seasonal credit
crop credit

seasonal labor force


seasonal labor
seasonal workers

migrant labor
migrants

seasonal unemployment

seasonally adjusted annual rate


SAAR

seasonally adjusted
[IFS]

secondary market

second-best theory

504

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

secondment
[personnel]

second-round price effect

Secretary (of the Fund)

[IMF-SEC]

Secretary for Conferences, Assistant

[IMF-SEC; BFCO]

Secretary, Assistant

[IMF-SEC]

Secretary, Deputy
[IMF-SEC]

Secretary-General
[UN]

505

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Secretary's Department

[IMF]
SEC

Section Chief
[IMF]

sector
[BPM5; SNA93]

sectorization

sectorize

secular trend

secured note

[USA]

Securities Account
[IMF]

506

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Securities and Exchange Commission

[USA]
SEC

securities exchange
stock exchange

stock market

securities index future

stock index future


share price index future
index future

Securities Markets Program

SMP

securitization
[BPM5; BPM6; MFSM]

Security Services Division


[TGS/SE]

507

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

( )

English

Arabic

security
[finance]

seed capital
[SNA93]
start-up capital
initial capital

seigniorage
[GFS 1986; IFS]

( )/

seized up

Selected Decisions of the International Monetary Fund and Selected Documents

[IMF]

Selected Issues papers

SI

selective excises on goods

508

IMF Glossary Web ARABIC -March 2011| International Monetary Fund


[1989 - ]

English

Arabic

selective increase in quotas

self-consumption

self-employed
[GFSM; SNA93]

independent labor force

self-financing

self-fulfilling run

self-liquidating
[projects]

self-sufficiency
[in general]
self-reliance

self-sustained PRGF

509

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


self-sustaining
self-sustained

sell short
shorting

sellers' market

selling exchange rate


selling rate
seller's rate
offer rate

semidurable good

semifinished good
semimanufacture
unfinished good

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

510

English

Arabic

semipublic enterprise
parapublic enterprise

mixed enterprise

semiskilled labor
semiskilled manpower

semiskilled worker

senior auditor

senior creditor

senior debt instrument

senior debt
senior loan

senior executive officer

511

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

senior official
high official
senior officer
[IMF]

senior preferred stock


first preferred stock

senior staff
[IMF]

sensitivity analysis

sequestration
[budget; FSU]

serial bond issue

serial correlation test


SCT

512

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

serial multiyear rescheduling arrangement

serial MYRA
serial multiyear rescheduling agreement

service charge
[BPM5]
service fee

service economy
tertiary economy

service provider

services on merchandise

set off against each other

[obligations]

set-aside account

set-aside amount

set-aside(s)

513

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

settlement currency

settlement of accounts

settlement of commitments

settlement of currency valuation adjustment

settlement of disagreements
[IMF]

settlement of disputes

settlement of financial obligations

settlement risk

severance pay

severance package
layoff pay
severance payments

514

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

severance tax
[GFS 1986]

shadow economy
gray economy
underground economy

[SNA93]

shadow exchange rate


accounting exchange rate

shadow price

shadow program

shallow financial market

share capital
capital stock

( )

sharing clause

515

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



shell company
dormant company
front company

shift in the adequacy of global reserves

shift in the demand curve


shift in demand

demand shift

shifting of tax burden

[tax policy]
shifting of tax

shipment
[BPM5]

shocks window

short bank

516

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



short position


) (

short selling
short sale
[securities]

short squeeze

shortfall

short-term asset

short-term capital
[BOP]

short-term interest rate

short-term rate

Short-Term Liquidity Facility


SLF

517

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

short-term liquidity line

SLL

short-term paper

shuttle trade

side effects

side letter

signaling

signaling instrument

signature loan
unsecured loan
personal loan
character loan

518

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

significance level
[statistics]

simple interest rate

simplifying assumption

/
/

simulation model

Singapore interbank offered rate

( )

SIBOR

single-currency pegging

single peg
single-currency link
unicurrency peg
unicurrency pegging

single-factor terms of trade

single-purpose expenditure rule

519

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

single-stage tax

sinking fund
][GFS 1986

size of the Fund

skilled labor
skilled manpower
skilled worker

slack
][economics

/
/
/

slippage
][policy

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

520

English

Arabic

small and medium-sized enterprises


SMEs

small and medium-size enterprises


small and medium-scale enterprises
small and medium-sized industries
SMIs

small ingot

small island economy

small low-income economies

Smoot-Hawley Tariff Act of 1930

Tariff Act of 1930

smoothing

smurfing
structuring

social conditionality

521

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

social cost

social infrastructure

social overhead capital

overhead capital

social protection floor

SPF

social rate of return

SRR

social safety net


safety net
[GFSM]

social security system

social security scheme

social surplus
net social benefit of production

522

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

social welfare
welfare

soft budget constraint

SBC

soft currency

soft loan

soft patch

sole source procurement


single source procurement

noncompetitive procurement

South/Central American I, II Division

()( ) /

[WHD/S1, S2]

Southern African Development Community


SADC

523

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Southern Common Market

( )

MERCOSUR

Southern I, II Division

()( )

[EUR/S1, S2]

sovereign arrears

Sovereign Asset and Liability Management Division

[MCM/AL]

sovereign ceiling clause

sovereign credit

sovereign debt

sovereign debt restructuring mechanism


Sovereign Debt Resolution Mechanism
SDRM

524

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

sovereign default

sovereign rating
[debt]

sovereign risk
political risk

sovereign wealth fund


SWF

""
" "

spaghetti bowl

Special Advisor to the Managing Director

[IMF-OMD]

Special Assistant to the Deputy Managing Director

[IMF-OMB]

special charges
[IMF]
additional charges

525

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Special Contingent Account 1


First Special Contingent Account

()

SCA-1

Special Contingent Account 2


SCA-2

()

Second Special Contingent Account

Special Contingent Account

[BPM5]

Special Data Dissemination Standard


[IMF-EBB]

SDDS
special standard
more demanding standard

Special Disbursement Account


SDA

526

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

special drawing rights


[BPM5]


""

SDR

paper gold
[SDR]
special drawing right

special election
[IMF, Executive Directors]

Special Facility for Sub-Saharan Africa


[IBRD]

SFSA
Special Facility for Africa
SFA
Africa Facility

special facility
[IMF]

special majority
qualified majority
supermajority

527

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

special meeting
[IMF, Executive Board]

special one-time allocation of SDRs


[IMF]

one-time special SDR allocation


equity allocation of SDRs
special SDR allocation
special allocation of SDRs

Special Program of Assistance (for the Low-Income Debt-Distressed Countries in Sub-

( )

Saharan Africa)
[IBRD]
SPA
Special Program of Assistance (to Sub-Saharan Africa)

special purpose vehicle


SPV

special purpose entity

Special Representative to the EU


[IMF-EUO]

528

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Special Trade Representative/Director

[IMF-GEN]

specialized agency

[UN]

speculative motive

speculation motive

( )

spillover effect
spillover
spinoff effect
spillovers

spin-off
[enterprises]

split pricing
differential pricing

529

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic




spot market
cash market

spot price
spot quotation
spot rate
cash price

spot transaction
spot exchange transaction

spouse and child allowance

[IMF-HRD]
SCA

spread effect

spread over LIBOR

spread
[SNA93]

530

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

spreading of risks
risk spreading
risk diversification

spreadsheet

spurious correlation

Stability and Growth Pact

SGP


[1993-]

stabilization fund
[IMF, GMBS]

stabilization measure

Stabilization System for Export Earnings

[Lom Convention]
STABEX

stable but adjustable par values

531

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Staff Development Division

[HRD/SD]

staff development
[personnel]

staff estimates
[IMF]

staff member
[IMF]

staff mission
[IMF]

Staff Position Note


Staff Position Paper

staff projections
[IMF]

532

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

staff report for the Article IV consultations

article IV report

Staff Retirement Plan

[IMF]
SRP

staff-monitored program
SMP
Fund-monitored program

stage one
[IMF, safeguards assessment]

stage two
[IMF, safeguards assessment]

stagflation

stagnation

533

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

stakeholder

stamp tax

standard component

standard data report form

SDRF
standardized data report form
standard report form
SRF

standard deviation

Standard International Trade Classification

[UN]

SITC

standard of value

534

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



standardization

Standards and Codes Initiative

Stand-By Arrangement

[IMF]
SBA

stand-by charge
[IMF]

Standby Credit Facility

SCF

stand-by credit
stand-by loan

Stand-By Operations Division


[SPR/ST]
SBO

535

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

standing committee

standstill agreement

standstill
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

standstill on payments

standstill agreement

staple crop

start-up cost

statement of account
[banking]

account statement

statement of income and expenses


statement of income
income statement
profit and loss statement
income and expense statement

536

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Statement of Surveillance Priorities

statistical correspondent
[IMF-STA]

correspondent on statistical matters

Statistical Data and Metadata Exchange initiative

SDMX initiative

Statistical Data and Metadata Exchange

SDMX

statistical data source

[MPI]

statistical discrepancy
[statistics]

statistical inference

537

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Statistics Department

[IMF]
STA

status of the Fund

status, immunities, and privileges

[AA]

statutory ceiling

statutory power

statutory reserve
[banking; insurance]
legal reserve

( )
( )

stay of payments

stay on creditor litigation

538

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

steady state

steady-state growth

steering committee

step depreciation
discrete depreciation

one-off depreciation
discrete step depreciation

sterilize
[funds]

sterilized intervention
[central banking]

stickiness
downward rigidity

539

( )

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

stigma

stock cycle
inventory cycle

stock data
position data

stock dividend
[USA]
scrip issue
[GBR]

stock index option contract

stock option plan

stock split
[securities]
split
split-up

540

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic


stock variable

stock
[SNA93]

stockbuilding

stock-of-debt operation
[Paris Club; HIPC Initiative; Debt Guide, 1993]

debt stock agreement

stockpiling

stocks and flows

stopgap measure
palliative measure

541

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic




)stop-go (policy
stop and go

stop-loss rules

store of value

straight bond

straight debt

Strategic Directions

Strategic Issues Division


][RES/SI

Strategic Partnership with Africa


][IBRD
SPA

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

542

English

Arabic

Strategy, Policy, and Review Department

[IMF]
SPR

streamlining of conditionality

strengthened debt strategy

[IMF]

stress test
[Debt Guide, 1993; FSIG]
stress testing
[FSAP]

strike

stripped bond
stripped security

structural adjustment credit


[IBRD]
SAC

543

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Structural Adjustment Lending

[IBRD]
SAL

structural benchmark

SB

structural conditionality

structural equation

[econometrics]

structural performance criterion

structural PC

structural reform

structural rigidity

structural inflexibility

structural unemployment

544

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic


""t

English
structured investment vehicle
SIV

student loan market

Student's t-statistic
][statistics

t-statistic
t-ratio

study on mark-to-market accounting

stunted growth

) (

stylized fact

subcontract

submission of bids

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

545

English

Arabic

subordinated debt
junior debt

subordinated loan

subprime mortgage crisis

subprime mortgage market


nonprime mortgage market

subprime mortgage
subprime loan

subprime sector

sub-Saharan Africa
SSA

subscriber country
][GDDS, SDDS

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

546

English

Arabic

subscript

subscription to the standard

[GDDS, SDDS]

subscriptions of members

[IMF]

subsidiary enterprise
subsidiary

incorporated branch
subsidiary company

subsidized interest rate

subsidy

subsidy resources

subsistence income

547

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

substitute good
substitute
competitive good

substitution effect

successful bidder

successful tenderer

sudden stop of capital flows


sudden stop

SS
sudden stop crises

summary accounting

summary proceedings

)(

summary record

summary statement
[IMF, operations and transactions]

548

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

sunset

sunset clause

sunset legislation
[USA]
sunset act

superscript

Supervisory Capital Assessment Program

[USA]
SCAP

supervisory college

supervisory data source

[MPI]

supplement reserves, need to


[IMF]

549

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Supplemental Reserve Facility

[IMF]
SRF

supplementary budget

supplementary appropriation

Supplementary Financing Facility

[IMF]
SFF

Supplementary Special Deposit Scheme


The Corset


" "

supplier industry
upstream industry

supplier's credit
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

supplies and equipment


[BPM5]

550

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

supply and use


[SNA93]

supply bottleneck

supply curve

supply schedule

supply
[SNA93]

supply-side economics

supply-side policy

support intervention

[exchange market]

support price

551

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

support services
[IMF]

support staff
[IMF]

supporting document

suppressed inflation

repressed inflation

surcharge to the basic rate of charge

[IMF]

surplus country

surrender of foreign exchange

surveillance

552

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Surveillance Operations Division

[SPR/SV]

surveillance over exchange arrangements

[IMF]

Surveillance Review Division

[SPR/SW]

survey form
questionnaire

survey on capital markets

[IMF]

suspense account
transit account
clearing account

553

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
suspicious activity report
][USA
SAR
suspicious transaction report
][GBR
STR

sustainability

sustainable debt

sustainable development

sustainable growth

swap arrangement

swap

swap line
temporary reciprocal currency arrangement

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

554

English

Arabic

1N1H)A)

swine flu
swine influenza
H1N1 Flu
influenza A (H1N1)
Novel influenza A (H1N1)
swine influenza A/H1N1

swing credit

syndicate
consortium
pool

syndicated loan
syndicated credit

synthetic collateralized debt obligation


synthetic CDO

555

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

System of National Accounts 1993

[UN]

SNA 1993

System of National Accounts

[BPM5; SNA93]

SNA

systematic risk
[financial sector]
market risk
undiversifiable risk

beta risk

Systemic Issues and Crisis Resolution Division

[MCM/SI]

systemic risk regulator

556

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Systemic Transformation Facility

[IMF]
STF

systemically important institution

tail event

tail risk

TAIMS

Technical Assistance Information Management System

" "

tainted asset

takeoff
[economics]

takeover
[enterprises]

557

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tangible common equity

TCE
tangible equity capital

tap issue
[government securities]

target group

target range

target variable

( )

target zone
[exchange rates]

tariff barrier

tariff binding
[trade]
binding

558

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tariff escalation

tariff heading
[BTN]
tariff item
[BTN, SITC]

tariff preference

tariff schedule

task force

Task Force on Implementation of Standards

[FSF]

tax abatement

tax administration
[agency]
tax bureau

559

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tax assessment
[GFSM]
assessment

tax audit

tax avoidance

tax base

tax bracket

tax buoyancy
buoyancy of a tax system

buoyancy of tax revenue

tax burden

tax clearing certificate


tax clearance

560

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tax collection

tax concession
tax benefit

tax credit
[GFSM]
credit against (a) tax

tax deductible

tax deduction

tax deferral

tax elasticity

tax enforcement

enforced collection

561

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tax equity
tax fairness

tax evasion

tax expenditure

tax haven

tax holiday

tax incentive

tax incidence

incidence of taxation

tax liability
[GFS 1986]

562

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tax loss carryback


carryback
loss carryback

Tax Policy Division

[FAD/TP]

tax rate

tax ratio

tax refund
[GFS 1986]

tax relief
tax break

tax return

563

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tax revenue
[GFSM; GFSY]
tax receipts
tax yield

tax shelter

tax sparing credit


tax sparing

tax wedge
fiscal wedge

tax year
[taxation]
taxable year
base year
fiscal year
FY

564

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



taxable capacity
ability to pay

taxable event

taxable income

taxable year

taxation

tax-based income policy

tax-based incomes policy


TIP

taxes on corporate net wealth

[GFS 1986]

taxes on goods and services


[GFS 1986; GFSM]

565

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

taxes on income, profits, and capital gains

[GFSM; GFSY]

taxes on personal net wealth

[GFS 1986]

taxpayer compliance
tax compliance

taxpayer identification number

TIN
tax identification number
single tax identification number

taxpayer
[SNA93]

Technical Assistance Advisor


[IMF]
TA Advisor

566

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Technical Assistance Country Strategy Note

TACSN

Technical Assistance Secretariat

[OMD/OBP/TS]
TAS

technical assistance

[BPM5]
TA

Technical Memorandum of Understanding


[IMF]

TMU
technical memorandum

technical reserves

Technology and General Services Department


[IMF]
TGS

567

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

technology transfer

transfer of technology

temporary employment

temporary occupation

tender offer
takeover bid

tender rate
[UK treasury bills]

term of maturity
maturity
life
term

term sheet

termination

[contracts]

568

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

terms and conditions


[GFSM]

terms of reference
TOR

terms of trade

tested cable

thin market
narrow market
inactive market
slack market

thin trading
low volume

""
""

three-month Libor

569

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

three-year arrangement

[ESAF, PRGF]

thrift institution
thrift

through-the-cycle rating

TTC

tied aid



( 1)

tier 1 capital
capital tier one
core capital
primary capital
[EU; banking]

tier 2 capital
capital tier two
supplementary capital
secondary capital
[EU]

570

IMF Glossary Web ARABIC -March 2011| International Monetary Fund




( )

English

Arabic

tight labor market

tight market

tightening of policy
hardening of policy

time deposit
fixed-term deposit
certificate of deposit

[FSIG; GMBS]
CD

time lag
lag

time of recording
timing of recording

time path

571

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

time preference

time regression

time-based repurchase expectations

[IMF]

timing adjustment

timing-based crisis-lending facility

[IMF]
timing-based lending facility
timing-based crisis prevention facility
timing based facility

Tobin tax
currency transactions tax

CTT

tombstone

too big to save

""

572

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

too-connected-to-fail

topping up

[Paris Club]

topping-up assistance

total factor productivity

TFP

total voting power


[IMF]

toxic assets

track record, to establish a positive

[IMF overdue financial obligations; HIPC Initiative]


proven record, to establish a

traction

573

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

tradable goods
tradables

trade arrears

trade barrier

trade impediment

trade creation

trade credit
trade financing
commercial credit
trade loan

trade currency

trade deficit
trade gap

trade diversion

574

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Trade Integration Mechanism

TIM

trade restriction
trade restrictive practice

trade sanction

trade statistics

trade figures

( )

traded good

trade-off

trade-weighted

trading partners

partner countries

575

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

trading pit
trading floor

trading room
[banking]
trading floor

traditional debt relief mechanisms

tranche policy
[IMF]

tranche position
[IMF]

tranched loan

transaction arranged by the IMF

[IMF]
arranged transaction

transaction balances

576

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

transaction basis

transaction by agreement

[IMF]

transaction cost

transaction currency

[BPM5]

transaction demand for money

transaction value
[Customs]

transaction with designation

[SDR]
designated transaction

transactions account
[USA]

577

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

transactions in goods, services, and income

[BPM5]

transactor

transfer cost

transfer in kind

[BPM5]

transfer income

transfer of real resources

transfer payment
[GFS 1986]

transfer price
transfer pricing

578

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

transfer risk
[Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

transfer tax

transferable security

transit trade
[BPM5; BPM6]

transitional arrangements

[IMF]

transitional procedures

[IMF]

transitional provisions

[AA]

Translation Coordination Center


TCC

579

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Translation Division

[IMF-TGS/L]

Translation Processing Center

[TGS/AI/LP]
TPC

transparency

( )

treasury bill
T-bill

( )

treasury bond
T-bond

Treasury Inflation-Protected Security


TIPS

Treasury Inflation-Indexed Security

( )

treasury note
T-note

580

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

trend analysis

trend GDP

trend inflation
structural inflation

trend value

trial and error

ttonnement

triangular trade

trickle down theory

Triennial Surveillance Review


TSR

trigger price

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

581

English

Arabic

trillion
[IMF-IBRD; USA]

troubled assets

Troubled Assets Insurance Financing Fund

Troubled Assets Relief Program

TARP

trough

troy ounce of fine gold

fine troy ounce


fine ounce

Trust Account
[IMF-ESAF]
fiduciary account

582

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Trust for Special ESAF Operations for the Heavily Indebted Poor Countries and Interim
ESAF Subsidy Operations

" "" "


""
""

[IMF]
ESAF-HIPC Trust
[IMF]

Trust Fund Instrument

[IMF]

Trust Fund
[IMF]

trustee

trustee savings bank

turning point
turnaround
change point

turnover tax

583

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



turnover
sales

two-stage least squares

[statistics]

two-tailed test
[statistics]
two-sided test

two-tier banking system

two-tier development

two-tier market

two-way breakdown

two-way trading arrangements

584

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

two-way transaction
[SDR]

Umbrella Account for HIPC Operations

( )

" "

[ESAF-HIPC]

UN Development Group-World Bank Fiduciary Principles Accord

FPA

unallocated shares

unbiased estimator

[statistics]

unchallengeable use

[SDR]

uncommitted resources

unconditional liquidity

585

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

undeclared employment

unreported employment

underdeveloped country

UDC

underemployment
[SNA93]

underfunding

underinvestment

underinvoicing
[SNA93]

underlying deficit
structural deficit

586

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
underlying security
][derivatives
underlying instrument

underrepresented countries

under-resourcing the IMF

undershooting

underwriting fee
underwriting commission

underwriting syndicate
underwriting consortium
underwriting group
underwriting pool
issue syndicate
underwriters

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

587

English

Arabic

underwriting
[securities]

undisbursed debt

undrawn balance

unearned income

uneconomic
[SNA93]

uneconomical

unemployed
[SNA93]

unemployment benefit
unemployment compensation

588

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

unemployment
[GFSM; SNA93]

unenforceable

unfair competition

unfair competitive advantage

unfunded employee social benefits


[SNA93]

unfunded social benefits


unfunded benefits
[SNA93]

unfunded liabilities

[insurance; retirement]

unincorporated enterprise
unincorporated business

589

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

unincorporated public enterprise

unincorporated government enterprise

unit elasticity
unitary elasticity

unit labor cost

unit labor cost-based real effective exchange rate

ULC-based real effective exchange rate

unit of output
unit produced

unit of value

unit value

United Arab Emirates (the)


[IMF]
United Arab Emirates (the)
[IMF]

590

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

United Cities and Local Governments

UCLG

United Nations Commission on International Trade Law


UNCITRAL

United Nations Conference on Trade and Development


UNCTAD

United Nations Development Programme

UNDP

United Nations Monetary and Financial Conference


[IMF-IBRD]

Bretton Woods Conference

United Nations Population Fund

UNFPA

United Nations
UN

591

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

unlisted security
unquoted security

unpaid charge
[IMF]

unpeg the rate

unremitted earnings

[BPM5]

unremunerated reserve tranche position

[IMF]

unrequited payment

unrequited transaction

unrequited transfer

unsecured loan

592

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

unskilled labor
unskilled manpower

unskilled worker

unsoundness

untapped resource

untied aid

untying of aid

unwinding of global imbalances

unwinding of speculative and carry trade activities

UN-World Bank Partnership Framework for Crisis and Post-Crisis Situations

( .. )

upgrading

593

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

Arabic

English
upper credit tranche quality
UCT quality

upper credit tranches


][IMF

upside risk

upstream capacity

upturn
upswing
upsurge

upward adjustment

upward bias
][CPI
positive bias

upward pressure

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

594

English

Arabic

upward trend
rising trend
uptrend

upward-sloping curve

Uruguay Round (of Multilateral Trade Negotiations)


[GATT]

usable national currency

use of Fund credit


use of IMF credit

use of IMF resources

[IMF]
use of Fund resources
UFR

user cost

595

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

user fee
user charge

vacancy
job vacancy
opening
job opening

valuation

valuation basis

valuation effects

valuation techniques

value added in manufacturing

value date
[IMF]

596

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

value index

value-added deflator

value-added tax

VAT

value-at-risk model

VaR

variability

)(

variable weights

variance
[statistics]

vault cash
cash in vault

597

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

velocity of circulation
velocity of money

venture capital
risk capital

vertical fund

visiting scholar
[IMF]
visiting professor
visiting fellow

volatile capital

volatility

volume index

voluntary contribution account


[IMF arrears; debt reduction]

598

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

voluntary departure program

voluntary departure scheme

voluntary export restraint

VER

voluntary repayment

[IMF]

voluntary separation


[1997 -]

vote by proxy
[IMF]

voting power
[IMF]

voting without meeting

vulnerabilities
[surveillance]

599

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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Arabic

vulnerability assessment

vulnerability exercise

vulnerability indicator

""

vulture fund
[debt restructuring]

wage bill ceilings

wage bill
payroll

wage cost(s)
payroll cost(s)

wage differential

600

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic



wage drift
wage creep

wage earner

wage equalization

wage rate
wage

wage restraint
wage moderation

wage wedge

wage-push inflation

waive

waiver

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

601

English

Arabic

warning signal
warning sign

warrant
[financial derivatives]
stock warrant

equity warrant
subscription warrant
stock purchase warrant
share purchase warrant

Washington Mutual Inc.

WaMu

wealth effect

wealth tax
[BPM5]
tax on wealth
[SNA93]

wealth
[BPM5; GFSM; SNA93]

602

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

weighted voting system

weighting pattern

welfare economics

welfare payment

welfare state

welfare
well-being

WEO exercise

West Africa Monetary Zone

[IBRD]
WAMZ

West Africa Regional Technical Assistance Center


West AFRITAC

603

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

West African Development Bank

WADB

West African Division I, II

() ( )

[AFR/WB, WF]

West African Economic and Monetary Union

WAEMU

West African Economic Community

WAEC
CEAO

West African Monetary Agency

WAMA

West African Monetary Union

WAMU

Western Division
[EUR/WE]

604

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Western Hemisphere Department

[IMF]
WHD

wholesale bank

wholesale price index

WPI

wholly owned subsidiary

fully owned subsidiary

windfall profit

windfall tax

window dressing

wire transfer

605

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

withdrawal from membership

[IMF]

withholding tax

Women's World Banking

WWB

workers' remittances

[BPM5; BPM6]

workforce
[enterprises]

working balance

Working Group on Capital Flows

[FSF]

Working Group on IMF Corporate Governance

606

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

Working Group on Offshore Financial Centers

[FSF]

working group
working party

working hypothesis

working life

working paper

Working Party on the Measurement of International Capital Flows

[BPM5]

Working Party on the Statistical Discrepancy in World Current Account Balances

[IMF, BIS;EUROSTAT, OECD]

working-age population

workshop

607

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

World Bank
[World Bank Group]

WB

World Conference on Disaster Reduction

21 -

WCDR

world current account statistical discrepancy

world current account discrepancy

World Development Report

[World Bank]
WDR

World Economic and Market Developments

[IMF]
WEMD

World Economic Outlook Update


WEO Update

608

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

" "

English

Arabic

World Economic Outlook

" "

[IMF]

WEO

World Economic Studies Division

[RES/WO]

World Faiths Development Dialogue

[IBRD]
WFDD

World Food Programme

[UN-FAO]
WFP

World Health Organization

WHO

World Intellectual Property Organization


WIPO

609

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

world market price

world price

World Trade Organization

WTO

worse-policies scenario
[WEO]

worst-policies scenario
pessimistic scenario

write down (an asset)

write off (an asset)


charge off

( )

( )

write off debt

write-down

yearly rate

610

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

year-to-year basis, on a
year-on-year basis, on a

y/y

yield

yield curve
term structure of interest rates
interest rate structure

term structure

yield to maturity
YTM
redemption yield

zero base budget


[IMF]
ZBB
zero-based review

zero bound

611

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

English

Arabic

zero growth

zero saving

zero-coupon bond

zero-sum game

2
[MCM/R2]
Regional Division 2

612

IMF Glossary Web ARABIC -March 2011| International Monetary Fund

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