| 释义 |
sterling area
sterling area n (Banking & Finance) a group of countries that use sterling as a medium of international payments and sometimes informally as a currency against which to peg their own currencies. For these purposes they deposit sterling balances and hold gold and dollar reserves in the Bank of England. Also called: sterling bloc or scheduled territories Thesaurus| Noun | 1. | sterling area - the group of countries whose currencies are tied to the British pound sterlingscheduled territories, sterling blocbloc, axis - a group of countries in special alliance |
Translationssterling area
sterling area a group of countries (predominantly ex-British colonies) whose own national currencies were formerly linked directly to the value of the British POUND and who held STERLING as part of their INTERNATIONAL RESERVESsterling area
Related to sterling area: sterling blocSynonyms for sterling areanoun the group of countries whose currencies are tied to the British pound sterlingSynonyms- scheduled territories
- sterling bloc
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