Definition: Special contingent accounts

IMF terminology

Accounts established to hold precautionary balances in order to strengthen the International Monetary Fund (IMF)’s financial position in connection with members’ overdue financial obligations.

Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008

Created:
2008-04-01

Updated:
2019-05-10