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stabilization fund

noun

  1. a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange.



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Example Sentences

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To bring the city’s budget into balance, council members tapped $29 million in the city’s budget stabilization fund, which was set up to help the city weather periods of slower economic growth.

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Another option: to delay repayment of the district’s economic stabilization fund, otherwise known as the rainy day fund, that helps protect the district against unforeseen circumstances.

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"However, there are considerable risks associated with the Economic and Stabilization Fund."

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News reports have also suggested that regulators are looking at other mechanisms of acting without Congress, specifically by tapping into the Exchange Stabilization Fund.

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Senator Bill Hagerty of Tennessee told Yellen during the hearing that it would be a “misuse” of the stabilization fund.

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