sterling area


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Related to sterling area: sterling bloc

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.sterling area - the group of countries whose currencies are tied to the British pound sterling
scheduled territories, sterling bloc
bloc, axis - a group of countries in special alliance
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

sterling area

n → Sterlinggebiet nt, → Sterlingblock m
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

sterling area

n (Fin) → area della sterlina
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
Allegiance will strengthen Care Advantage's existing presence in Northern Virginia, particularly in the Sterling area, and the current Allegiance leadership team will continue with the company.
Care Advantage Completes Acquisition of Allegiance Home Care
First, New Zealand's economic and financial relations were overwhelmingly with the United Kingdom and its currency bloc, the sterling area. Membership of an international financial and monetary order added little to those relations and might subtract from them.
75 years since Bretton Woods: Malcolm McKinnon reflects on changes in the global monetary and financial system, and New Zealand's place in it, since the ground-breaking Bretton Woods conference of July 1944
In 1973, when Britain acceded to the European Economic Community (EEC) as it then was, it required unbundling arrangements such as the Commonwealth System of Trade Preferences and the Sterling Area.
Brexit, The Commonwealth And A World Restored
Her body was later found in Sterling area, outside Washington with signs of beating.
Murder of Teenage Muslim girl in US Sparks Outrage
The authorities believed she was assaulted and murdered after leaving a mosque in the Sterling area in Virginia.
Muslim Teen Killed After Leaving Virginia Mosque, Suspect Charged
The police found her remains yesterday after the 17-year-old, identified as Nabra Hassanen, went missing after leaving the mosque in the Sterling area.
U.S. Muslim teen killed near mosque in suspected hate crime
The independent countries remained within ex-imperial monetary structures--the Netherlands Monetary Area for Indonesia (to 1957); the sterling area for Malaya/Malaysia and Singapore (to 1972).
The settlement of decolonization and post-colonial economic development: Indonesia, Malaysia, and Singapore compared
Without advocating Scottish separatism, it was clear that a major weapon of the Better Together campaign last year was the scare story - we were told repeatedly that the Scots would be thrown out of the sterling area by George Osborne and would sink into economic ruin.
Healthy democracy? Corruption lives on
And a law should be passed that all the banknotes used in the various bits of the sterling area will only be accepted for value by the banks that issue them and not by the others.
Regional banks' traditional sterling banknotes defeat their purpose
The SNP's Kenneth Gibson said: "This survey puts further pressure on the UK Government to drop their bluff and bluster on the pound, which will be the currency of an independent Scotland within a sterling area."
FIRM FEARS OVER SPLIT
Ahead of his speech to a Business for Scotland audience, the SNP leader said: "The Chancellor will have to explain exactly why he favours imposing almost PS500million of higher transaction costs on UK businesses instead of entering a perfectly feasible Sterling area with the rest of the UK's second biggest trading partner."
Listen, Salmond, you little oik, send that letter and I'll keep the pound, flush your head down the toilet and steal your lunch money too; FM writes to PM telling him to reign in his bully boys and insists Chancellor's currency veto is backfiring

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