Glossary entry

English term or phrase:

Index

English answer:

nominate a hard currency in which the assessed contributions are stipulated

Added to glossary by Nadia Ayoub
Sep 11, 2011 19:45
12 yrs ago
English term

Index

English Social Sciences International Org/Dev/Coop
Index AC to stable currencies to protect against fluctuations in exchange rates that would negatively affect implementation.

AC: Assessed Contributions

Thank you for your help!

Responses

+4
35 mins
Selected

nominate a hard currency in which the assessed contributions are stipulated

E.g. the assessed contributions for someone living in Zaire could be nominated in Swiss francs rather than Zaire dollars, so the contribution would be whatever number of Zaire dollars was necessary to make up the Swiss-france amount, even if the Zaire dollar had devalued a thousandfold since the last payment was made.
Peer comment(s):

agree Jenni Lukac (X) : I think that this is the concept. An explanation in: http://budgetsgetreal.com/index.php/124/using-multiple-curre...
10 mins
Thank you.
agree Barbara Wiebking
1 hr
Thank you.
agree Phong Le
2 hrs
Thank you.
agree amarpaul
23 hrs
Тhank you.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks Jack!"
33 mins

Tie in

Index-link I suppose would be the full term. They are proposing to tie the contributions to stable currencies, ie they would be linked to a stable currency that doesn't fluctuate that much, such that the contributions would remain stable and, crucially, predictable, over the long term, rather than wavering with unstable exchange rates.
Something went wrong...
10 hrs

apply an indexation system

to continuously evaluate AC according to a set pool of stable currencies.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search