Special Drawing Right


 

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Special Drawing Right

Originally intended within the IMF as a sort of international money for use among central banks pegging their exchange rates, the SDR is a transferable right to acquire another country's currency. Defined in terms of a basket of currencies, today it plays the role in that form of a unit of international account.



Similar Matches

Special dividend

Special dividend

Also referred to as an extra dividend. Dividend that is unlikely to be repeated.


Special bonus

Special bonus

An additional bonus (that is, over and above the normal reversionary bonus) applied to a with profits life assurance policy when the life company's profits are exceptional.


Intra-product specialization

Intra-product specialization

Another term for fragmentation. Used by Arndt (1997).


Saturday night special

Saturday night special

Often used in risk arbitrage. Sudden attempt by one company to take over another by making a public tender offer.


Special Cause Variation

Special Cause Variation

Variation in the process that is assignable to a specific cause or causes. It arises because of special circumstances.


Further Suggestions

Special and Common Cause System of Variation
Special Meeting
Specialist market
Special entry procedure
Symbol book special
Special arbitrage account
Special Drawing Rights (SDR)
specialist
Specialist unit
Specialization
Incomplete specialization
specialised mutual fund
Special bond account
Special and differential treatment
Tax Exempt Special Savings Account
Complete specialization
Specialists short sale ratio
Specialist block purchase and sale
Special assessment bond
Special economic zone
Pattern of specialization
Vertical specialization


 
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