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stabilization fund

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noun

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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QUIZ YOURSELF ON “THEIR,” “THERE,” AND “THEY’RE”

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Which one of these commonly confused words can act as an adverb or a pronoun?
Also called equalization fund, exchange equalization fund, exchange stabilization fund.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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