Meaning SMITHSONIAN AGREEMENT: A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce
More terms such as Smithsonian Agreement in Dictionary S.
- Definition Socially Conscious Mutual Fund:
- Examples A mutual fund that does not invest in companies that have interests in socially unacceptable markets or produce harmful products or by-products, such as high levels of environmental pollution smithsonian agreement definition.
- Definition Statement Of Condition:
- Examples A document describing the status of assets, liabilities, and equity of a person or business at a particular time smithsonian agreement explain.
- Definition Spread:
- Examples bid and ask prices of a stock or other security. (2) The simultaneous purchase and sale of separate futures or options contracts for the same commodity for delivery in different months. Also known smithsonian agreement what is.
- Definition Split:
- Examples companies split their outstanding shares into more shares. If a company with 1 million shares executes a two-for-one split, the company would have 2 million shares. An investor with 100 shares before smithsonian agreement meaning.
- Definition Salary:
- Examples Regular wages and benefits an employee receives from an employer smithsonian agreement abbreviation.
