Index

English translation: nominate a hard currency in which the assessed contributions are stipulated

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Index
Selected answer:nominate a hard currency in which the assessed contributions are stipulated
Entered by: Nadia Ayoub

19:45 Sep 11, 2011
English language (monolingual) [PRO]
Social Sciences - International Org/Dev/Coop
English term or phrase: Index
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!
Nadia Ayoub
Egypt
Local time: 09:18
nominate a hard currency in which the assessed contributions are stipulated
Explanation:
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.
Selected response from:

Jack Doughty
United Kingdom
Local time: 07:18
Grading comment
Many thanks Jack!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +4nominate a hard currency in which the assessed contributions are stipulated
Jack Doughty
4Tie in
Liz Dexter (was Broomfield)
4apply an indexation system
Hassan Lotfy


  

Answers


33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
index
Tie in


Explanation:
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.

Liz Dexter (was Broomfield)
United Kingdom
Works in field
Native speaker of: English
PRO pts in category: 20
Login to enter a peer comment (or grade)

35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
index
nominate a hard currency in which the assessed contributions are stipulated


Explanation:
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.

Jack Doughty
United Kingdom
Local time: 07:18
Native speaker of: English
PRO pts in category: 16
Grading comment
Many thanks Jack!

Peer comments on this answer (and responses from the answerer)
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.
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10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
index
apply an indexation system


Explanation:
to continuously evaluate AC according to a set pool of stable currencies.

Hassan Lotfy
Egypt
Local time: 09:18
Works in field
Native speaker of: Native in ArabicArabic, Native in EnglishEnglish
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