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English 16th Conference of the Parties to the United Nations Framework Convention on Climate Change COP 16

Spanish 16 Conferencia de las Partes de la Convencin Marco de las Naciones Unidas sobre el Cambio Climtico

1977 Decision on Surveillance over Exchange Rate Policies 1977 Surveillance Decision

Decisin de 1977 sobre la supervisin de las polticas de tipo de cambio Decisin de 1977 sobre Supervisin

1995 ESA ESA 1995 European system of accounts 1995

Sistema Europeo de Cuentas 1995 SEC 1995

21st Century Initiative [WB]

Iniciativa para el siglo XXI

a few

unos pocos

a number of [IMF]

unos cuantos

AAA bank

banco de primera categora

AAA debtor

deudor con calificacin AAA deudor con clasificacin AAA

AAA rating triple-A rating

calificacin AAA clasificacin AAA

abatement

desgravacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English abode

Spanish domicilio [MBP5] residencia

abolition of posts

supresin de puestos de trabajo supresin de cargos

above face value [securities] above par above par value at a premium

por encima de la par por encima del valor nominal con prima sobre la par

above par value

por encima de la paridad

above the line

por encima de la lnea

above the line components [BPM5]

componentes que figuran por encima de la lnea [MBP5]

above-the-line item [budget] above-the-line entry

partida ordinaria partida por encima de la lnea

abroad [BPM5; SNA93]

en el exterior [SCN93] en el extranjero [MBP5]

absence of data [BPM5]

ausencia de datos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English absentee rate

Spanish tasa de absentismo tasa de ausentismo

absolute advantage

ventaja absoluta

absolute exchange rate

tipo de cambio absoluto

absolute moment

momento absoluto

absolute poverty

pobreza absoluta

absolute value

valor absoluto

absolutely converging

convergente en valor absoluto

absorb

absorber

absorbed company [enterprises]

sociedad incorporada

absorber (country), low

pas de baja capacidad de absorcin

absorbing company [enterprises] surviving company

sociedad incorporante

absorption

absorcin

absorptive capacity absorption capacity

capacidad de absorcin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English abstract

Spanish sinopsis

abstract number

nmero abstracto

Abu Dhabi Fund for Arab Economic Development ADFAED

Fondo de Abu Dhabi para el Desarrollo Econmico Arabe FADDEA

abuse of law

abuso del derecho

abuse of power

abuso de poder

academic qualifications

ttulos universitarios

Acapulco Commitment to Peace, Development and Democracy

Compromiso de Acapulco para la Paz, el Desarrollo y la Democracia

Accelerated Access Initiative [World Bank]

iniciativa de acceso acelerado

accelerated cost recovery system ACRS

mecanismo de recuperacin acelerada de los costos

accelerated purchase

compra acelerada

accelerated rate of depreciation accelerated depreciation

tasa de amortizacin acelerada depreciacin acelerada amortizacin acelerada tasa de depreciacin acelerada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page4

English acceleration clause

Spanish clusula de anticipacin de pagos clusula de caducidad de plazos [ARG] clusula de aceleracin clusula de opcin de pago anticipado

accelerator principle accelerator

acelerador [SCN93]

acceptance credit

crdito de aceptacin crdito por aceptacin

acceptance house

financiera casa de aceptacin

acceptance limit [SDR designation]

lmite de aceptacin

acceptance of membership [BL]

aceptacin de la calidad de miembro

acceptance of SDRs

aceptacin de DEG

acceptance sampling

muestreo de aceptacin

acceptance [SNA93]

aceptacin [SCN93]

access limit [IMF]

lmite de acceso a los recursos del FMI lmite de acceso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English access policy and access limits [IMF]

Spanish poltica de acceso a los recursos del FMI y lmites de acceso

access policy [IMF]

poltica de acceso a los recursos del FMI poltica de acceso

access to a facility [IMF]

acceso a un servicio financiero

access to the market

acceso al mercado

accessibility [DQAF]

acceso

accession country

pases candidatos a la adhesin pases candidatos

accidental damage [BPM5]

daos accidentales

accommodating transaction

transaccin acomodaticia

accommodating [BOP]

acomodaticio

accommodation bill

pagar de favor

accommodations

alojamiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English accommodative monetary policy accommodating policy accommodating stance accommodation easy monetary policy monetary accommodation

Spanish poltica monetaria laxa [WHD REO] poltica monetaria acomodaticia

Accord Implementation Group AIG

Grupo para la Aplicacin del Acuerdo de Basilea II Grupo para la Aplicacin del Acuerdo AIG

account [SNA93]

cuenta [SCN93]

accountability [GFSM]

rendicin de cuentas [MEFP] responsabilizacin responsabilidad obligacin de rendir cuentas

accountant

contador

Accountant [IMF-FIN]

Contador

Accountant, Senior [IMF-FIN]

Contador Principal

Accounting and Auditing Organization for Islamic Financial Institutions [FSIG] AAOIFI

Organizacin de Contabilidad y Auditora de las Instituciones Financieras Islmicas [GISF] AAOIFI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Accounting Assistant [IMF-FIN]

Spanish Auxiliar de Contabilidad

Accounting Assistant, Senior [IMF-FIN]

Auxiliar Principal de Contabilidad

accounting concept

concepto contable

accounting conventions [GDDS]

convenciones contables

accounting cross exchange rate

tipo de cambio cruzado contable

accounting currency

moneda de cuenta

accounting date [BPM5]

fecha contable

accounting equation balance sheet equation accounting identity

ecuacin contable identidad contable

accounting framework [SNA93]

estructura contable [SCN93]

Accounting Office Court of Accounts

Tribunal de Cuentas

accounting period

perodo contable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English accounting practices accounting methods accounting procedures

Spanish prcticas contables mtodos contables procedimientos contables

accounting rate book rate

tipo de cambio contable tipo para fines contables

accounting standards accounting principles accounting rules

reglas contables normas contables principios de contabilidad normas de contabilidad

accounting statement [IMF-STA]

estado contable

accounting system

sistema contable sistema de contabilidad

accounting unit accounting entity

unidad contable entidad contable

accounting [SNA93]

contabilidad

accounts and departments [IMF]

cuentas y departamentos

Accounts and Financial Reports Division

Divisin de Contabilidad e Informes Financieros

Accounts Assistant

Auxiliar de Cuentas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English accounts of the IMF in member countries IMF accounts in member countries

Spanish cuentas del FMI en los pases miembros

Accounts Officer [IMF-FIN]

Oficial de Contabilidad

Accounts Payable Unit [FIN/AX/AP]

Unidad de Cuentas por Pagar

accounts payable payables

cuentas por pagar montos pagaderos

accounts receivable

cuentas por cobrar [MBP5; MBP6; MEFP; SCN93]

Accra Agenda for Action AAA Triple A

Programa de Accin de Accra PAA

accrual basis

base devengado [MEFP; GISF; SCN93] valores devengados

accrual basis accounting accrual accounting

contabilidad en base devengado registro en base devengado contabilidad en valores devengados

accrual basis for recording accrual basis of recording

registro en base devengado

accrual formula [IMF-SRP]

frmula para el clculo de pensiones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English accrual of income [BPM5]

Spanish percepcin de la renta [MBP5]

accruals [accounting]

valores devengados [SCN93] devengado [SCN]

accrued annual leave [IMF-HRD]

vacaciones anuales acumuladas

accrued charges [IMF]

cargos devengados

accrued expenses [accounting]

gastos devengados

accrued income accrued revenue accrued asset

ingreso devengado

accrued interest

intereses devengados intereses acumulados cupn corrido

accrued interest receivable

intereses devengados por cobrar

accrued sick leave [IMF-HRD]

licencia mdica acumulada

accrued to the date of liquidation [AA]

devengados en la fecha de la liquidacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English accruing liabilities

Spanish pasivos devengados pasivos acumulados

accumulated depreciation accrued depreciation

amortizacin acumulada depreciacin acumulada partida de depreciacin partida de amortizacin depreciacin acumulada

accumulation account

cuenta de acumulacin

accumulation flows

flujos de acumulacin

accumulation of arrears

acumulacin de atrasos [MBP5]

accumulation of external arrears

acumulacin de atrasos en los pagos externos acumulacin de atrasos externos

accuracy and reliability [DQAF]

exactitud y fiabilidad

accuracy of estimates [BPM5]

exactitud de las estimaciones

acid rain

lluvia cida

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English acid-test ratio [USA] quick asset ratio quick ratio cash ratio [corporations] absolute liquid ratio

Spanish coeficiente de liquidez coeficiente de solvencia inmediata coeficiente de liquidez inmediata

ACP-EEC Convention (between the African, Caribbean, and Pacific States and the European Economic Community) Lom Convention

Convenio ACP-CEE (entre los Estados de frica, el Caribe y el Pacfico y la Comunidad Econmica Europea) Convenio de Lom

ACP-EEC Council of Ministers [ACP/EC]

Consejo de Ministros ACP-CEE

ACP-EU Joint Parliamentary Assembly

Asamblea parlamentaria paritaria

acquaintance mission [IMF] exploratory mission

misin inicial misin exploratoria

acquired immune deficiency syndrome AIDS

sndrome de inmunodeficiencia adquirida SIDA sndrome de inmunodeficiencia humana

acquired rights clause grandfather clause

clusula de derechos adquiridos

acquiring bank

banco adquirente

acquis communautaire

acervo comunitario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English acquisition

Spanish adquisicin

acquisition approach [CPI; GFSM 2001; MFSM 2000] acquisition approach to interest expense

perspectiva de la adquisicin enfoque de (de la) compra

acquisition cost

costo de adquisicin [MEFP] precio de compra [MBP5]

acquisition less disposal of assets [GFSM 2001]

adquisiciones menos disposiciones de activos

acquisition less disposals of land and other tangible nonproduced assets [SNA93]

adquisiciones menos disposiciones de tierras y terrenos y otros activos tangibles no producidos [SCN93]

acquisition less disposals of tangible fixed assets [SNA93]

adquisiciones menos disposiciones de activos fijos tangibles [SCN93]

acquisition less disposals of valuables [SNA93]

adquisiciones menos disposiciones de objetos valiosos [SCN93]

acquisition of existing intangible fixed assets [SNA93]

adquisiciones de activos fijos intangibles existentes [SCN93]

acquisition of intermediate products through barter [SNA93]

adquisicin de productos intermedios mediante el trueque [SCN93]

acquisition of new tangible fixed assets [SNA93]

adquisiciones de activos fijos tangibles nuevos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English acquisition of non-produced, nonfinancial assets [BPM5, SNA]

Spanish adquisicin de activos no financieros no producidos

acquisition of SDRs [IMF]

adquisicin de DEG

acquisitions less disposals of intangible fixed assets [SNA93]

adquisiciones menos disposiciones de activos fijos intangibles [SCN93]

acquisitions less disposals of intangible non-produced assets [SNA93]

adquisiciones menos disposiciones de activos intangibles no producidos [SCN93]

acquisitions less disposals of non-produced non-financial assets [SNA93]

adquisiciones menos disposiciones de activos no financieros no producidos [SCN93]

acquisitions less disposals [SNA 1993]

adquisiciones menos disposiciones

acquisitions of existing fixed assets [SNA93]

adquisiciones de activos fijos existentes [SCN93]

acquisitions of existing tangible fixed assets [SNA93]

adquisiciones de activos fijos tangibles existentes [SCN93]

acquisitions of intangible non-produced assets [SNA93]

adquisiciones de activos intangibles no producidos [SCN93]

acquisitions of land and other tangible non-produced assets [SNA93]

adquisiciones de tierras y terrenos y otros activos tangibles no producidos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English acquisitions of new intangible fixed assets [SNA93]

Spanish adquisiciones de activos fijos intangibles nuevos [SCN93]

Acquisitions Section [ADM/JL/XA]

Seccin de Adquisiciones

acquisitions [special drawing rights]

adquisiciones

across-the-board ex-post sequestration

bloqueo general a posteriori de crditos presupuestarios

across-the-board protectionist measures

medidas proteccionistas generales

across-the-board survey [BPM5]

encuesta general [MBP5]

act of consent [IMF quotas]

notificacin de la aceptacin manifestacin de consentimiento

act of God natural disaster

fuerza mayor [a veces] caso fortuito catstrofe natural desastre natural

acting

ad interim a. i. interino

Acting Section Chief [IMF]

jefe de seccin interino

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Action Committee in Support of Economic and Social Development in Central America [SELA]

Spanish CADESCA Comit de Accin de Apoyo al Desarrollo Econmico y Social de Centroamrica

Action Program for Development

Programa de Accin para el Desarrollo

Action Programme for Economic Co-operation among NonAligned Countries

Programa de Accin para la Cooperacin Econmica entre los Pases no Alineados

actionable subsidy

subvencin recurrible

activate

activar poner en marcha

activation (of SDRs)

activacin (de DEG)

activation review [CCL]

examen de activacin

active account

cuenta activa

active bribery [OECD] active corruption

corrupcin activa cohecho activo soborno activo

active claim

activo productivo activo que devenga intereses

active labor market programs [World Bank] ALMPs

programas activos para los mercados laborales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English active loan

Spanish prstamo activo prstamo vigente

active management

gestin activa

active money

moneda en circulacin

activist investor

inversionista activista inversor activista

activist policy discretionary policy active policy

poltica discrecional

activity report [IMF]

informe de actividades

actual assets [SNA93]

activos efectivos [SCN93]

actual claims [BPM5]

crditos efectivos [MBP5] ttulos de crdito realmente constituidos [MBP5]

actual collective comsumption [SNA93]

consumo efectivo colectivo [SCN93]

actual exchange rate

tipo de cambio observado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English actual final comsumption [SNA93]

Spanish consumo final efectivo [SCN93]

actual final consumption

consumo final efectivo [MBP5]

actual financial assets [SNA93]

activo financiero efectivo [SCN93]

actual GNP

PNB efectivo, observado

actual income

ingreso efectivo

actual indebtedness [BPM5]

deuda efectivamente contrada [MBP5]

actual individual consumption [SNA93]

consumo efectivo individual [SCN93]

actual interest yield effective yield

tasa de inters efectiva rentabilidad efectiva rendimiento efectivo

actual rate of return

rentabilidad efectiva retorno efectivo tasa de rendimiento efectivo tasa de rentabilidad efectiva tasa de retorno efectiva rendimiento efectivo

actual revenues/expenditures

ingresos/gastos efectivos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English actuals

Spanish cifras efectivas

actuarial deficit

dficit actuarial

actuarial fairness

equidad actuarial

actuarial reserve [insurance]

reserva actuarial reserva matemtica reserva tcnica

actuarial valuation actuary's valuation

valuacin actuarial valoracin actuarial

ad hoc

ad-hoc segn el caso caso por caso

Ad Hoc Committee on International Terrorism

Comit Especial sobre Terrorismo Internacional

Ad Hoc Committee on the Restructuring of the Economic and Social Sectors of the United Nations System [UN]

Comit ad hoc de la Reestructuracin de los Sectores Econmico y Social del Sistema de las Naciones Unidas

Ad Hoc Group of Experts on Restrictive Business Practices [UNCTAD]

Grupo Especial de Expertos en Prcticas Comerciales Restrictivas

Ad Hoc Group of Experts on the External Trade of the Least Developed Countries [UNCTAD]

Grupo Especial de Expertos en el Comercio Exterior de los Pases Menos Adelantados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Ad Hoc Group of Government Experts on the Debt Problems of Developing Countries [UNCTAD]

Spanish Grupo Especial de Expertos Gubernamentales sobre los Problemas de la Deuda de los Pases en Desarrollo

Ad Hoc Intergovernmental High-Level Group of Experts on the Evolution of the International Monetary System [UNCTAD]

Grupo Intergubernamental Especial de Expertos de Alto Nivel para que examine Cuestiones Fundamentales de la Evolucin Futura del Sistema Monetario Internacional

ad hoc quota boosters

complementos ad hoc de las cuotas

ad hoc quota increase

aumento de cuotas ad hoc

ad hoc request [IMF quotas]

solicitud ad-hoc solicitud especial

ad referendum

ad referendum

ad valorem [taxation]

ad valrem

adaptable program loan [IBRD] APL

prstamo adaptable para programas

Adaptation Fund

Fondo de Adaptacin

adaptive efficiency

eficiencia adaptable

adaptive expectations

expectativas adaptables

adaptive research

investigacin con fines de adaptacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English addition to the value of non-produced non-financial assets [SNA93]

Spanish adiciones al valor de los activos no financieros no producidos [SCN93]

additional balancing items [SNA93]

partidas adicionales de balance [SCN93]

additionality

adicionalidad

additions and withdrawals from inventories [GFSM]

adiciones y retiros de existencias [MEFP]

additions to actuarial reserves and reserves for with-profit insurance [SNA93]

aumento a las reservas tcnicas de seguros y a las reservas para beneficios adicionales [SCN93]

additions to inventories of finished goods and work-in-progress [SNA93]

adiciones a las existencias de bienes terminados y trabajos en curso [SCN93]

additions to inventories of goods for resale [SNA93]

adiciones a las existencias de bienes para reventa [SCN93]

additions to inventories of materials and supplies [SNA93]

adiciones a las existencias de materiales y suministros [SCN93]

additions to inventories [SNA93]

adiciones a las existencias [SCN93]

additive operation [mathematics]

operacin aditiva

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English additively consistent

Spanish aditivamente consistente

additivity

aditividad

add-on account [retirement pensions]

cuenta complementaria

addressing equipment operator

operador de impresora de direcciones

adequacy of financing

suficiencia del financiamiento nivel adecuado de financiamiento

adequacy of reserves reserves adequacy

suficiencia de las reservas nivel adecuado de reservas

adequacy of the Fund's financial resources

suficiencia de los recursos financieros del FMI

adequate safeguards [IMF]

salvaguardias adecuadas

adjoint matrix

matriz adjunta

adjust [CPI]

aplicar ajustes ajustar

adjustable exchange rate

tipo de cambio ajustable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English adjustable rate mortgage ARM adjustable-mortgage loan AML variable-rate mortgage VRM

Spanish crdito hipotecario a tasa variable

adjustable rate floating interest rate floating rate variable rate variable-rate interest

tasa de inters variable tasa variable tasa ajustable tasa flotante

adjusted basic balance

balanza bsica ajustada

adjusted disposable income [SNA93]

ingreso disponible ajustado [SCN93]

adjusted disposable income, gross [SNA93]

ingreso disponible ajustado, bruto [SCN93]

adjusted disposable income, net [SNA93]

ingreso disponible ajustado, neto [SCN93]

adjusted overall fiscal balance [GFSM 2001]

saldo fiscal global ajustado resultado fiscal global ajustado [MEFP]

adjustment

ajuste

adjustment equation

ecuacin de ajuste

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English adjustment fatigue

Spanish fatiga del ajuste fatiga causada por el ajuste

adjustment for the change in net equity of households in pension funds [SNA93]

ajuste por la variacin en la participacin neta de capital de los hogares en las cajas de pensiones [SCN93]

adjustment item [SNA93]

rubro de ajuste [SCN93]

adjustment of charges [IMF]

ajuste de los cargos

adjustment of fixed capital formation [SNA93]

ajuste de la formacin de capital fijo [SCN93]

adjustment of quotas [IMF]

ajuste de las cuotas

adjustment of the peg

reajuste de la paridad reajuste del vnculo

adjustment of the residual value of assets [SNA93]

ajuste del valor residual de los activos [SCN93]

adjustment path

trayectoria del ajuste perfil del ajuste

adjustment process

proceso de ajuste

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English adjustment program [IMF]

Spanish programa de ajuste

adjustment strategy

estrategia de ajuste

adjustment studies

estudios sobre el proceso de ajuste examen del proceso de ajuste

adjustment to cash basis [IFS] adjustment to cash

ajuste a base caja ajuste a valores de caja ajuste de las cifras a valores de caja

adjustment to total financing [IFS]

ajuste en funcin del financiamiento total

adjustment transaction [GFS 1986]

transaccin de ajuste

adjustment with growth

ajuste con crecimiento

adjustor [statistics]

ndice de ajuste

Administered Account - country [IMF - contribution from a country]

Cuenta Administrada (correspondiente a ...)

Administered Account for Selected Fund Activities - Japan [IMF]

Cuenta Administrada para Actividades Especficas del FMI correspondiente a Japn

Administered Account [IMF]

Cuenta Administrada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English administered price controlled price administrative price

Spanish precio administrado precio controlado precio regulado

administered protection

proteccin administrada

Administration Department [IMF] ADM

Departamento de Administracin

administration of control [AREAER]

administracin de los controles cambiarios

administration of liquidation [AA]

procedimiento para efectuar la liquidacin

administration of restrictions [IMF]

aplicacin de restricciones

administrative action

medida administrativa decisin administrativa

Administrative Assistant to the Executive Director [IMF-OED]

Auxiliar Administrativo de la Oficina del Director Ejecutivo

Administrative Assistant to the Managing Director, Senior [IMF-OED]

Auxiliar Administrativo Principal del Director Gerente

Administrative Assistant [IMF]

Auxiliar Administrativo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Administrative Assistant, Senior [IMF]

Spanish Auxiliar Administrativo Principal

administrative budget [IMF]

presupuesto administrativo

administrative by-product data approvals information

datos aprobados en el desempeo de funciones administrativas

administrative capacity

capacidad administrativa

Administrative Circular [IMF document series; AC/...] AC

circular administrativa

Administrative Committee on Coordination [UN] ACC

Comit Administrativo de Coordinacin CAC

Administrative Division [INS/AV]

Divisin Administrativa

Administrative Expenditures and Control Division [FIN/AX] AECD

Divisin de Gastos y Controles Administrativos

administrative expenses [IMF] administrative costs

gastos administrativos gastos costos

administrative fees and charges [GFS 1986]

tasas y derechos administrativos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English administrative fees and charges, nonindustrial and incidental sales [GFSY]

Spanish tasas y derechos administrativos y ventas no industriales y secundarias

administrative fees [GFSM]

derechos administrativos [MEFP]

administrative law

contencioso administrativo derecho administrativo

administrative machinery

sistema administrativo engranaje administrativo maquinaria administrativa

Administrative Officer [IMF] AO

Oficial Administrativo

Administrative Payments Section [FIN/AX/AP]

Seccin de Pagos Administrativos

administrative receiver [insolvency, UK] receiver

sndico

administrative receivership [insolvency, UK]

sindicatura

administrative reform

reforma administrativa

Administrative Services Division

Divisin de Servicios Administrativos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Administrative Services Officer

Spanish Oficial de Servicios Administrativos [IMF]

Administrative Services [TGS/D]

Servicios Administrativos

Administrative Tribunal [IMF]

Tribunal Administrativo

administrative-by-product data

datos derivados del desempeo de funciones administrativas

administratively set exchange rates

tipos de cambio fijados administrativamente

admissible [estimators]

admisible

admissions assistant

auxiliar de admisiones

adopted [date], as amended

adoptada el [fecha] y posteriormente enmendada, modificada

ADR ADS American depositary receipt [USA] American depositary share

certificado americano de depsito de acciones extranjeras ADR certificados americanos de acciones extranjeras [MBP5]

advance

anticipo pago anticipado

advance deposit import deposit

depsito previo a la importacin depsito de importacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page30

English advance dissemination

Spanish divulgacin anticipada

advance mission [IMF]

misin preparatoria

advance payment

pago anticipado

advance ratio

razn entre el crdito otorgado y los depsitos aceptados

advance redemption advance repayment

rescate anticipado reembolso anticipado amortizacin anticipada

advance release calendar ARC

calendario anticipado de divulgacin CAD

advanced country

pas adelantado [generally used in UN documents]

advanced economies

economas avanzadas

advancement of women

promocin de la mujer

advancing differences

diferencias progresivas

adverse feedback loop negative feedback loop

crculo vicioso de repercusiones negativas cadena de interacciones negativas interaccin negativa [WHD REO] crculo vicioso crculo vicioso de interacciones negativas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page31

English adverse selection [banking; insurance]

Spanish seleccin adversa

advertising of securities

anuncio de oferta de valores

advertising, market research, and public opinion polling [BPM5]

publicidad, investigacin de mercado y encuestas de opinin pblica [MBP5]

advice of fate

notificacin de los resultados de gestin

Advisor on Diversity, Senior [IMF-HRD]

Asesor Principal sobre Diversidad

Advisor on Work Practices [IMF-OMD]

Asesor sobre Procedimientos de Trabajo

Advisor to the Executive Director [IMF-OED]

Asesor del Director Ejecutivo

Advisor [IMF]

Asesor

Advisor, Office of Deputy Managing Director [IMF-ODMD]

Asesor de la Oficina del Subdirector Gerente

Advisor, Senior [IMF]

Asesor Principal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page32

English Advisory Committee on Economic Co-operation and Development [UN]

Spanish Comit Asesor sobre Cooperacin Econmica y Desarrollo

Advisory Committee on Industrial Development [LAFTA]

Comit Asesor de Desarrollo Industrial CADI

Advisory Committee on Risk Management ACRM

Comit Asesor de Gestin de Riesgos

Advisory Expert Group on National Accounts AEG

Grupo consultivo de expertos en cuentas nacionales GCE

Advisory Group on Sub-Saharan Africa AGSA

Grupo de Asesoramiento sobre frica subsahariana AGSA

advisory opinion

dictamen

advisory report [IMF]

informe de asistencia tcnica

advocacy role [IMF, capital account liberalization]

funcin preconizadora

affidavit

declaracin jurada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page33

English affiliated enterprise affiliate

Spanish filial afiliada [SCN] empresa filial [MBP5; MBP6] empresa afiliada [MBP6; SCN]

affiliation [BPM5]

afiliacin [MBP5]

affirmative action

promocin de grupos relegados accin afirmativa adopcin de medidas positivas (en favor de un grupo postergado) adopcin de medidas positivas (en pro de un grupo relegado) adopcin de medidas de patrocinio (de un grupo) promocin de grupos postergados

affluence test means test

prueba de necesidad condicionamiento de una subvencin al nivel de recursos o ingresos condicionamiento de una prestacin al nivel de recursos o ingresos

affluent society

sociedad opulenta sociedad de consumo

Afghanistan Reconstruction Trust Fund [IBRD]

Fondo Fiduciario para la Reconstruccin de Afganistn

Afghanistan The Transitional Islamic State of Afghanistan

Afganistn (el) Estado Islmico de Transicin del Afganistn (el)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page34

English Africa Action Plan [G-8] G8 Africa Action Plan Kananaskis Africa Action Plan

Spanish Plan de Accin para frica Plan de Accin para frica del G-8

Africa Capacity Building Initiative [IMF]

Iniciativa del FMI para el Fortalecimiento de las Capacidades en frica

Africa Enterprise Fund [IBRD-IFC] AEF

Fondo para Empresas Africanas

Africa Guarantee Facility AGF

Servicio de Garantas para frica

Africa Project Development Facility [AfDB-IFC-UNDP] APDF

Servicio de promocin de los proyectos africanos

Africa Regional Division [MCM/R1]

Divisin de la Regin de frica

African Alternative Framework to Structural Adjustment Programmes for Socio-Economic Recovery and Transformation AAF-SAP

Marco presentado por los pases africanos como alternativa a los programas de ajuste estructural para la recuperacin y la transformacin socioeconmica

African Capacity Building Foundation ACBF

Fundacin para el Fortalecimiento de las Capacidades en frica

African Capacity Building Fund

Fondo para el Fortalecimiento de las Capacidades en frica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page35

English African Capacity Building Initiative [IBRD-AfDB-UNDP] ACBI

Spanish Iniciativa para el Fortalecimiento de las Capacidades en frica IFCA

African Capacity Building Trust Fund [World Bank] Capacity Building Trust Fund [World Bank] CBTF

Fondo Fiduciario para el Fortalecimiento de las Capacidades en frica Fondo fiduciario para el fortalecimiento de las capacidades

African Caucus [IMF]

Grupo Africano del FMI

African Centre for Monetary Studies ACMS

Centro Africano de Estudios Monetarios CAEM

African commodity problem

Problema de los productos bsicos en frica

African Common Market

Mercado Comn Africano

African Consultative Group ACG

Grupo Consultivo Africano

African countries of the franc zone African countries of the CFA zone

pases africanos de la zona del franco CFA pases africanos de la zona del franco

African Cultural Institute ACI

Instituto Cultural Africano

African Department [IMF] AFR

Departamento de frica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page36

English African development agenda

Spanish agenda para el desarrollo de frica

African Development Bank AfDB ADB

Banco Africano de Desarrollo

African Development Fund AfDF ADF

Fondo Africano de Desarrollo FAfD FAD

African Division [INS/AC]

Divisin de frica

African Executive Directors of the BWIs

Directores ejecutivos que representan a los pases africanos en las instituciones de Bretton Woods

African Financial Community [BCEAO] CFA

Comunidad Financiera Africana CFA

African Forum and Network on Debt and Development AFRODAD

Foro y Red Africana sobre Deuda y Desarrollo AFRODAD

African Groundnut Council AGC

Consejo Africano del Cacahuete CAC

African Group I [IMF-IBRD] Africa Group I Constituency

Grupo I de Gobernadores Africanos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page37

English African Group II [IMF-IBRD] Africa Group II Constituency

Spanish Grupo II de Gobernadores Africanos

African Group [IMF-IBRD] Group of African Governors African Caucus

Grupo Africano Grupo de Gobernadores Africanos

African Institute for Economic Development and Planning [ECA] IDEP

Instituto Africano de Desarrollo Econmico y Planificacin IDEP

African Institute of Informatics

Instituto Africano de Informtica

African International Coordination Group of Ministers of Finance and Economics for Development Financing African Economy and Finance Caucus

Grupo de Coordinacin Internacional Africana de Ministros de hacienda y economa para el financiamiento del desarrollo Grupo Africano de Economa y Finanzas

African peer review mechanism [NEPAD] APRM

mecanismo de examen entre los propios pases africanos

African Platform of Action [UN; World Conference on Women]

Plataforma de Accin para Africa

African Regional Technical Assistance Center AFRITAC

Centro Regional de Asistencia Tcnica en frica

African Round Table

Mesa Redonda Africana

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page38

English African Trade Centre [ECA]

Spanish Centro de Comercio Africano

African Union AU

Unin Africana UA

African Virtual University AVU

Universidad Virtual Africana UVA

African, Caribbean and Pacific Group of States ACP Group ACP States

Grupo de Estados de frica, el Caribe y el Pacfico Grupo ACP Estados ACP

Africa's Agenda

Agenda para frica

Africa's Priority Programme for Economic Recovery, 1986-1990 [UN]

Programa de prioridades de Africa para la recuperacin econmica, 1986-1990

Afro-Latin Seminar on International Trade Law and Policy [IBRD]

seminario afrolatino sobre derecho mercantil y poltica comercial internacionales

after mo/da/yr [IMF information security]

despus del da/mes/ao

after taxes

neto de impuestos deducidos los impuestos despus de impuestos

age analysis (of accounts)

anlisis por edades

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page39

English age of the weights [CPI]

Spanish vigencia de las ponderaciones

agency

entidad organismo rgano dependencia agencia [SCN93]

agency bank

agente de la matriz extranjera

agency bond agency debt

ttulo emitido por una organismo autorizado

agency debt market

mercado de ttulos de deuda de organismos pblicos

agency fee [capital market]

comisin de gestin comisin de agente

Agency for International Development [USA] AID USAID

Agencia para el Desarrollo Internacional USAID

agency transaction [GFS 1986]

transaccin por cuenta de terceros

Agenda 2010 [GER]

Agenda 2010

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page40

English Agenda 21 [UNCED] Environment and Development Agenda Program of Action for Sustainable Development [UN]

Spanish Programa 21 Plan de Accin en pro del Desarrollo Sostenible

Agenda and Procedures Committee [IMF] APC

Comisin sobre Temarios y Procedimientos

Agenda for Development

Programa de Desarrollo

agenda [IMF, Executive Board]

temario

Agenda Executive Board Agenda [IMF document series]

orden del da del Directorio Ejecutivo

agent

agente [SCN93]

agent's commission [SNA93]

comisin de agente [SCN93]

agent's fees [BPM5]

derechos de agentes [MBP5]

agents for international transport operators [BPM5]

agentes de empresas explotadoras de transporte

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page41

English agflation

Spanish agflacin etanoinflacin

agglomerative hierarchical methods

mtodo de aglomeracin jerrquica

aggregate calculated quota share

cuota calculada relativa agregada

aggregate demand

demanda agregada, global

aggregate demand function

funcin de demanda agregada

aggregate poverty reduction

reduccin general de la pobreza

aggregate real gross national product aggregate real GNP

producto nacional bruto agregado real PNB agregado real

aggregate supply

oferta agregada oferta global

aggregate supply function

funcin de oferta agregada

aggregate time series

serie cronolgica agregada

aggregate [GFSM; BPM6; SNA93]

agregado [MEFP; MBP6; SCN93]

aggregating body [EITI, Mining Reporting Guidelines]

organo consolidador

aggregation

agregacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page42

English aggregation bias

Spanish sesgo de agregacin sesgo causado por la agregacin

aggregation, degree of

agregacin, nivel de agregacin, grado de

aggregative

agregativo

aggregative index number

nmero ndice agregativo

aggregator bank bad bank

banco malo banco de propiedad estatal banco gestor de activos txicos banco administrador de activos txicos

aging of the population aging population

envejecimiento de la poblacin

agrarian debt bonds [SNA93]

bonos de la deuda agraria [SCN93]

agreed higher limit [IMF, access policy]

lmite mayor convenido

agreed minute [Paris Club]

acta aprobada

agreement in principle [debt restructuring]

acuerdo de principio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page43

English Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade [GATT] Anti-Dumping (Duty) Code

Spanish Acuerdo relativo a la Aplicacin del Artculo VI del Acuerdo General sobre Aranceles Aduaneros y Comercio Cdigo Anti-dumping

Agreement on Import Licencing Procedures [GATT] Import Licence Code

Acuerdo sobre Procedimientos para el Trmite de Licencias de Importacin Cdigo de Licencias de Importacin

Agreement on Interpretation and Application of Articles VI, XVI and XXIII of the General Agreement on Tariffs and Trade [GATT] Subsidy (and Countervailing Duty) Code

Acuerdo relativo a la Interpretacin y Aplicacin de los Artculos VI, XVI y XXIII del Acuerdo General sobre Aranceles Aduaneros y Comercio Cdigo de Subvenciones

Agreement on Subsidies and Countervailing Measures [WTO] ASCM

Acuerdo sobre Subvenciones y Medidas Compensatorias Acuerdo SMC

Agreement on the European Economic Area [EU] EEA Agreement

Acuerdo sobre el Espacio Econmico Europeo Acuerdo EEE

agreement, use by [SDR]

uso mediante acuerdo

agribusiness agroindustries

agroindustria

agricultural crops crops

cultivos cosechas agrcolas cosechas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page44

English Agricultural Development Bank AgBank

Spanish Banco de Desarrollo Agropecuario AgBank

agricultural exporter

pas exportador de productos agrcolas

agricultural extension services agricultural extension extension services

servicios de extensin agraria extensin agrcola

agricultural support policies

polticas de apoyo al sector agropecuario polticas de apoyo agrcola

agricultural, mining, and on-site processing [BPM5]

agrcolas, mineros y de transformacin en el lugar [MBP5] agricolas, mineros y de transformacin en el lugar

agriculture, forestry, fishing, and hunting [GFSM; GFSY]

agricultura, silvicultura, pesca y caza [MEFP]

aid effectiveness

eficacia de la asistencia para el desarrollo eficacia de la ayuda

aid flows

flujos de ayuda flujos de asistencia financiera

Aid for Trade

Ayuda para el Comercio [IMF-WB]

aid fragmentation

fragmentacin de la ayuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page45

English aid in the form of goods [BPM5]

Spanish asistencia en forma de bienes

aid measured by partner countries [BPM5]

asistencia medida por pases copartcipes

aid missions and services [BPM5]

misiones y servicios de ayuda [MBP5]

aid-dependence syndrome

sndrome de dependencia de la ayuda

aide-mmoire [IMF]

ayuda memoria

air transport [GFSM; BPM5]

transporte areo [MEFP; MBP5]

aircraft

aeronave [Manual de Balanza de Pagos - 5a. edicin (MBP5)]

aircraft insurance [BPM5]

seguros de aeronaves [MBP5]

airline surveys [BPM5]

encuestas de aerolneas

airport fees [BPM5, SNA]

derechos de aeropuerto [MBP5] tasas de aeropuerto [SCN] derechos de uso de aeropuertos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page46

English airport taxes [BPM5]

Spanish impuestos de aeropuerto [MBP5]

algorism

algoritmo

alien registration requirements [AA]

requisitos de inscripcin como extranjeros

alimony [BPM5]

pensin alimenticia [MBP5]

alleviation of poverty

alivio de la pobreza

Alliance for Financial Inclusion AFI

Alianza para la Inclusin Financiera

Alliance for Progress [USA] AP

Alianza para el Progreso AP

allocate

asignar distribuir atribuir

allocation

partida presupuestaria asignacin presupuestaria asignacin [SCN93]

allocation cartel

crtel de distribucin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page47

English allocation mechanism

Spanish mecanismo de asignacin mecanismo de asignacin

allocation of other primary income account [SNA93]

cuenta de asignacin del otro ingreso primario [SCN93]

allocation of primary income account [SNA93]

cuenta de asignacin del ingreso primario [SCN93]

allocation of primary income [SNA93]

asignacin del ingreso primario [SCN93]

allocation of SDRs SDR allocation

asignacin de DEG [MBP5]

allocation of time (between A and B) distribution of time (between A and B)

asignacin de tiempo (entre A y B) distribucin del tiempo (entre A y B)

allocations and allotments [GFS 1986]

autorizaciones presupuestarias

allocative efficiency of resources Pareto efficiency Pareto optimal Pareto optimality Paretian optimality

eficiencia en la asignacin de recursos eficiencia de Pareto ptimo paretiano segn el ptimo de Pareto ptimo de Pareto

allocative key

clave de distribucin

allotted number of votes [IMF]

nmero de votos asignados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page48

English all-purpose credit

Spanish crdito multiuso

alternative hypothesis

hiptesis alternativa

alternative measure of variability

otra forma de medir la variabilidad medicin alternativa de la variabilidad

alternative minimum tax [USA]

impuesto mnimo alternativo

alternative recipient system

sistema alternativo de envo de fondos

alternative sources of energy

fuentes de energa sustitutivas otras fuentes de energa

Alternative-A Mortgage [USA] ALT-A Mortgage

hipoteca de riesgo intermedio

amended Articles of Agreement [IMF] Articles of Agreement as amended

Convenio Constitutivo enmendado Convenio Constitutivo con sus enmiendas texto enmendado del Convenio Constitutivo

amendment (to the Articles of Agreement) [IMF]

enmienda (del Convenio Constitutivo)

amendment [SNA93]

reforma enmienda [SCN93] modificacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page49

English American Bar Association [USA] ABA

Spanish Colegio de abogados de Estados Unidos

American Federation of Labor-Congress of Industrial Organizations [USA] AFL-CIO

Federacin Americana del Trabajo y Congreso de Organizaciones Industriales

American Recovery and Reinvestment Act Recovery Act

Ley de Recuperacin y Reinversin de Estados Unidos Ley de Recuperacin

American Standard Code for Information Interchange ASCII

Cdigo americano normalizado para intercambio de informacin ASCII

American Stock Exchange Amex the Curb

Bolsa de Valores de Estados Unidos

American-style option [securities market] American option

opcin a la americana

AML ROSC module

mdulo del IOCN relativo a las medidas para combatir el lavado de dinero

AML supervisory principles

principios de supervisin contra el lavado de dinero

amortization

amortizacin [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page50

English amortization abroad [GFSY]

Spanish amortizacin externa

amortization profile

perfil de la amortizacin estructura de los pagos de amortizacin

amount of access [IMF]

monto del acceso a los recursos del FMI monto del acceso

amount outstanding

monto acumulado saldo deuda viva deuda pendiente

amount payable forthwith

cantidad pagadera de inmediato

amount [SNA93]

monto [SCN93]

An Agenda for Peace : Preventive Diplomacy, Peace Making and Peace Keeping

Un Programa de Paz : diplomacia preventiva, establecimiento de la paz y mantenimiento de la paz

Analysis and Control Section

Seccin de Anlisis y Control

Analysis and Control Unit

Unidad de Anlisis y Control

analysis and verification of results [BPM5]

anlisis y verificacin de resultados

analytic approach [BPM5]

mtodo analtico [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page51

English analytic balance

Spanish balanza analtica

analytic framework analytical framework

marco analtico

Analytical and Advisory Activities AAA

actividades de asesoramiento y anlisis

analytical commentary in publications [BPM5]

comentario analtico en publicaciones

Analytical Framework for Financial Stability Analysis [IMF]

Marco Analtico para el Anlisis de la Estabilidad Financiera

analytical tools

instrumentos analticos

anchor currency

moneda ancla ancla monetaria

anchor unit [IBRD]

unidad de coordinacin

anchor [monetary policy]

ancla anclaje

ancillary activities [SNA93]

actividades auxiliares [SCN93]

ancillary agencies [SNA93]

dependencias auxiliares [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page52

English ancillary company [BPM6]

Spanish empresa auxiliar [MBP6]

ancillary covenant against competition

clusula accesoria de no competencia

ancillary departmental enterprise

empresa adscrita auxiliar

ancillary government enterprises [SNA93]

empresas auxiliares del Gobierno [SCN93]

ancillary meetings [IMF-IBRD Annual Meetings]

reuniones conexas

ancillary services

servicios auxiliares

Andean Common Market ANCOM

Mercado Comn Andino

Andean Development Corporation ADC

Corporacin Andina de Fomento CAF

Andean Group

Grupo Andino

Andean Integration Group

Grupo de Integracin Andina

Andean Reserve Fund

Fondo Andino de Reservas FAR

Andean Trade Preference Act ATPA

Rgimen de Preferencias Comerciales para los Pases Andinos ATPA

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page53

English anecdotal evidence

Spanish pruebas incidentales o casuales

Anglophone Africa Division/Area AA AFR1

Divisin/Regin de frica Anglfona

animal spirits

espritus animales

animals for breeding, dairy, draught, etc. [SNA93]

animales para crianza, lechera, trabajo, etc. [SCN93]

animals for breeding, show or racing [BPM5]

animales de reproduccin, espectculos o carreras [MBP5]

animals for racing [BPM5]

animales de carrera [MBP5]

animals for show [BPM5]

animales de espectculos [MBP5]

annual arrangement [ESAF, PRGF]

acuerdo anual

Annual Bank Conference on Development Economics [World Bank] ABCDE

Conferencia Anual del Banco Mundial sobre Economa del Desarrollo ABCDE

Annual Bank Conference on Development in Latin America and the Caribbean [World Bank] ABCD-LAC

Conferencia Anual sobre el Desarrollo en Amrica Latina y el Caribe, Primera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page54

English annual general meeting [corporations] AGM ordinary annual meeting of shareholders

Spanish asamblea general ordinaria asamblea anual de accionistas junta anual de accionistas

annual leave [IMF-HRD]

vacaciones anuales

Annual Meetings (of the Boards of Governors) of the International Monetary Fund and the World Bank [IMF-World Bank] Annual Meetings of the Board of Governors Annual Meetings

Reuniones Anuales (de las Juntas de Gobernadores) del Fondo Monetario Internacional y del Banco Mundial Reunin Anual de la Junta de Gobernadores

Annual Report of the Executive Board [IMF] Annual Report

Informe Anual del Directorio Ejecutivo Informe Anual

Annual Report on Exchange Arrangements and Exchange Restrictions [IMF; publication not translated] AREAER ARER

Informe anual sobre regmenes de cambio y restricciones cambiarias [ttulo no oficial]

Annual Report on Portfolio Performance [IBRD] ARPP

Informe anual sobre el desempeo de la cartera

annualize

anualizar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page55

English annuity

Spanish seguro de renta vitalicia seguro de rentas anualidad [SCN93] renta vitalicia pensin vitalicia

annuity insurance

seguro de renta vitalicia

answer sheet [GFSM]

hoja de respuestas [MEFP]

antedated check

cheque antedatado

anticipated growth rate

tasa de crecimiento prevista

anticipatory purchase

compra de previsin compra por razones de previsin

anticyclical reserve fund

fondo de estabilizacin anticclica

anticyclical tax

impuesto anticclico

antidumping duty

derecho antidumping

antimode [statistics]

antimoda

anti-money laundering measure

medida de lucha contra el lavado de dinero medida contra el lavado de dinero medida de prevencin de lavado de dinero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page56

English anti-money laundering AML

Spanish prevencin del lavado de dinero lucha contra el lavado de dinero

anti-money laundering/combating the financing of terrorism AML/CFT

lucha contra el lavado de dinero y el financiamiento del terrorismo ALD/LFT

antiques and other art objects [SNA93]

antigedades y otros objetos de arte [SCN93]

antiques [SNA93]

antigedades [SCN93]

antiseptic wipe

pao antisptico

anti-surge provisions anti-surge mechanism anti-surge measure

disposiciones de proteccin contra un aumento rpido

antiviral drug

medicamento antivrico

apex institution

institucin principal banco principal

apparent consumption

consumo aparente

appearance of new products [CPI]

aparicin de nuevos productos

Appellate Body [WTO]

rgano de Apelacin [OMC]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page57

English applicant country [EU]

Spanish pases que aspiran a ingresar a la Unin Europea pases candidatos a la adhesin pases candidatos

application for membership [IMF]

solicitud de admisin

application guidance [FSIG]

GA gua de aplicacin [GISF]

application to acquire foreign exchange [BPM5]

solicitud de compra de divisas [MBP5]

appointed Executive Director [IMF]

Director Ejecutivo Nombrado

apportionment of appropriations [USA]

distribucin de los crditos presupuestarios distribucin de las asignaciones distribucin de las asignaciones presupuestarias

apportionment of credit apportionment of a loan

prorrateo de crdito

appraisal [SNA93]

estimacin [SCN93] apreciacin [SCN93]

appreciate

apreciarse valorizarse

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page58

English appropriate

Spanish asignar

appropriate market rate [debt] AMR

tasa de mercado apropiada

appropriate technology

tecnologa adecuada, apropriada

appropriation

autorizacin presupuestaria [GFS 1986] partida presupuestaria crdito presupuestario afectacin presupuestaria consignacin presupuestaria [MBP5]

appropriation ceiling

tope de la autorizacin presupuestaria

appropriation-in-aid [budget]

autorizaciones presupuestarias de ayuda

approximate cash basis [GFS 1986]

valores aproximados de caja

approximately end of period [IFS]

alrededor de fin de perodo

Arab accounting dinar [AMF] AAD

dinar rabe dinar rabe contable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page59

English Arab Authority for Agricultural Investment and Development AAAID

Spanish Organismo rabe para Inversiones y Desarrollo Agrcolas AAAID

Arab Bank for Economic Development in Africa ABEDA BADEA

Banco rabe para el Desarrollo Econmico de frica BADEA

Arab Centre for Studies of Arid Zones and Dry Lands [League of Arab States] ACSAD

Centro Arabe para el Estudio de las Zonas y Tierras Aridas

Arab Common Market ACM

Mercado Comn rabe MCA

Arab Convention on the Suppression of Terrorism

Convencin rabe sobre la represin del terrorismo

Arab Educational, Cultural and Scientific Organization ALECSO

Organizacin Arabe para la Educacin, la Cultura y la Ciencia ALECSO

Arab Fund for Economic and Social Development AFESD

Fondo rabe de Desarrollo Econmico y Social FADES

Arab Industrial Development and Mining Organization AIDMO

Organizacin rabe de Desarrollo Industrial y de Minera OADIM

Arab Industrial Development Organization AIDO

Organizacin rabe para el Desarrollo Industrial y la Minera OADI

Arab Latin American Bank ARLABANK

Banco Arabe Latinoamericano BAL

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page60

English Arab League

Spanish Liga Arabe

Arab Maghreb Union AMU

Unin del Magreb rabe

Arab Monetary Fund AMF

Fondo Monetario rabe

Arab Organization for Agricultural Development AOAD

Organizacin rabe para el Desarrollo Agrcola OADA

Arab Organization for Human Rights AOHR

Organizacin Arabe de Derechos Humanos

Arab Planning Institute API

Instituto Arabe de Planificacin

Arab Tourism Federation ATU

Federacin Arabe de Turismo

Arab Tourism Organization ATU

Organizacin Arabe del Turismo ATO

Arab Tourism Union ATU

Unin Arabe de Turismo

Arab-African International Bank

Banco Internacional Arabe Africano

Arab-African Union

Unin rabe-Africana

Arabian light

rabe liviano

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page61

English Arabic and Russian Division [TGS/LB]

Spanish Divisin de rabe y Ruso

Arabic Division

Divisin de Arabe

Arabic Section [TGS]

Seccin de rabe

arbitrage

arbitraje [SCN93]

arbitrage activity

actividad de arbitraje operaciones de arbitraje

arbitrage condition

condicin de arbitraje

arbitrage gains [BPM5]

ganancias obtenidas del arbitraje [MBP5]

arbitrage pricing theory APT

teora del arbitraje de precios

arbitrager arbitrageur

arbitrajista

arbitrary origin

origen arbitrario

arbitrary value [tax assessment, statistics]

valor arbitrario

arbitration clause

clusula de arbitraje

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page62

English arbitrator [AA]

Spanish rbitro

arc elasticity

elasticidad arco

architectural, engineering, and other technical services

servicios arquitectnicos, de ingeniera y otros servicios tcnicos

Archives and Electronic Records Unit [SEC/RC/AR/AE]

Unidad de Archivos y Registros Electrnicos

Archives and Records Management Section [TGS/DI/AR]

Seccin de Gestin de Archivos y Registros

Archives and Records Section

Seccin de Archivos y Registros

Archives Officer

oficial encargado de archivos

Archivist

Archivista

area department [IMF]

departamento regional

area development

desarrollo regional

area of both tails [normal distribution]

reas de los dos extremos

area sampling

muestreo por rea

area substratification

subestratificacin por rea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page63

English argument [mathematics]

Spanish argumento de una funcin

arithmetic average of the (price) ratios formula [CPI] arithmetic mean of price ratios approach [CPI]

frmula de la media aritmtica de los cocientes o relaciones (de precios) mtodo de la media aritmtica de las relaciones o cocientes de precios

arithmetic mean mean

media aritmtica media

arithmetical average arithmetic average [CPI]

media aritmtica

Arms Control and Disarmament Agency [UN] ACDA

Organismo de Control de Armamentos y de Desarme ACDA

arm's length dealings arm's length practices

operaciones en condiciones de igualdad operaciones entre partes independientes

arm's length negotiations

negociaciones entre partes independientes

arm's length pricing principle arm's length price

precio determinado por el mercado

arm's length principle

principio de la independencia mutua de las partes principio del trato en condiciones de igualdad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page64

English arm's length [trade]

Spanish entre partes independientes en pie de igualdad sin favoritismo en condiciones de igualdad

arm's length, at

de manera autnoma de forma independiente

arrangement of swap

acuerdo de conversin de deuda en capital

Arrangement Regarding International Trade in Textiles [GATT] Multifibre Arrangement

Acuerdo relativo al comercio internacional de los textiles Acuerdo Multifibras

arrangement [SDR]

acuerdo de prstamo [DEG] mecanismo de prstamo [DEG]

arrangements

mecanismo disposiciones rgimen arreglo

array

mecanismo disposiciones rgimen formacin arreglo [mathematics]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page65

English arrears clearance [post-conflict assistance]

Spanish regularizacin de los atrasos

arrears country [IMF] country with payment arrears

pas en mora pas miembro con atrasos en los pagos

art editor

editor de artes grficas

art exhibits [BPM5]

exposiciones de arte [MBP5]

Art/Drafting Unit [TGS/DG/GR/AD]

Unidad de Artes Grficas

Article IV

Artculo IV del Convenio Constitutivo del FMI Artculo IV

Article IV consultation discussions [IMF] consultation discussions

conversaciones en el marco de la consulta del Artculo IV

Article IV consultations [IMF]

consultas del Artculo IV

Article VIII country [IMF]

pas que cumple las condiciones del Artculo VIII

Article VIII obligations [IMF]

obligaciones del Artculo VIII

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page66

English Articles of agreement of the African Union Commission AUC

Spanish Estatutos de la Comisin de la Unin Africana

Articles of Agreement of the International Monetary Fund [IMF] Articles of Agreement Fund Agreement Articles of the Fund

Convenio Constitutivo del Fondo Monetario Internacional Convenio Constitutivo del FMI Convenio Constitutivo

artificial person legal entity corporation corporate body

persona jurdica entidad jurdica [MBP5]

artisanal industry cottage industry

industria artesanal industria familiar industria casera industria domstica

Arusha Declaration

Declaracin de Arusha

as a separate matter independently from the main case [legal]

por cuerda separada

as amended

y sus posteriores enmiendas y sus enmiendas y posteriormente modificada

as needed [ESAF; HIPC] on an as needed basis [HIPC initiative]

conforme se vayan necesitando segn sea necesario segn se necesiten

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page67

English as relevant [GDDS]

Spanish segn sea pertinente

ASEAN Clearing Union [ASEAN]

Unin de Compensacin de la Asociacin de Naciones del Asia Sudoriental

ASEAN-4 countries

cuatro pases de la ASEAN ms afectados por la crisis

Asia and Pacific Department [IMF] APD

Departamento de Asia y el Pacfico

Asia and Pacific Regional Division [MCM/R2]

Divisin de la Regin de Asia y el Pacfico

Asia Division/Area 1 [MFD/AI/AP] APD1

Divisin/Regin de Asia 1

Asia Division/Area 2 [MFD/AI/AP] APD2

Divisin/Regin de Asia 2

Asia-Europe Meeting ASEM

Reunin de pases de Asia y Europa

Asian and Pacific Development Institute APDI

Instituto de Desarrollo de Asia y el Pacfico IDAP

Asian Bond Fund

Fondo de Bonos Asiticos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page68

English Asian Clearing Union ACU

Spanish Unin Asitica de Compensacin UAC

Asian Currency Unit ACU

unidad monetaria asitica

Asian Department ASD

Departamento de Asia

Asian Development Bank AsDB ADB

Banco Asitico de Desarrollo BAsD BAD

Asian Development Fund ADF

Fondo Asitico de Desarrollo FasD

Asian Division [INS/AN]

Divisin de Asia

Asian dollar

dlar asitico

Asian Institute for Economic Development and Planning AIEDP

Instituto Asitico de Planificacin y Desarrollo Econmico IAPDE

Asian noodle bowl

sopa de fideos asiticos madeja de acuerdos comerciales regionales (en Asia)

Asian Productivity Organization APO

Organizacin Asitica de Productividad OAP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page69

English Asia-Pacific Economic Cooperation Forum APEC APEC Council APEC Forum Asia-Pacific Economic Cooperation Asia-Pacific Economic Cooperation Council Asia-Pacific Economic Forum

Spanish Foro de Cooperacin Econmica Asia-Pacfico

Assembly of European Regions AER

Asamblea de las Regiones de Europa

assessment letter [IMF] comfort letter assessment statement

carta de evaluacin informe de evaluacin

assessment mission [IMF-IBRD]

misin de evaluacin

Assessment of Financial Sector Supervision and Regulation AFSSR

Evaluacin de la Supervisin y Regulacin del Sector Financiero

assessment roll [taxation] assessment list

registro tributario

assessment [SNA93]

derrama gravamen [SCN93] tributo [SCN93] contribucin directa contribucin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page70

English assessor [taxation]

Spanish tasador inspector de impuestos aforador [aduanas]

asset

activo elemento del activo rubro del activo

asset allocation portfolio allocation

distribucin de los activos asignacin de activos

asset boundary

frontera de los activos

asset class

clase de activos

asset encumbrance

activos afectados al pago de crditos con garanta

asset holdings

activos tenencias de activos

asset liability management ALM

gestin de activos y pasivos

asset operation

operacin activa

asset position vis-a-vis the Fund

posicin de activo en el FMI

asset preference

preferencia en materia de activos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page71

English asset price bubble bubble asset bubble

Spanish burbuja de precios de los activos burbuja econmica [WHD REO]

asset price inflation

inflacin de precios de los activos

asset prices

precios de los activos

asset quality

calidad de los activos

asset revaluation reserves [FSIG]

reservas de revalorizacin de activos [GISF]

asset side [SNA93]

haber [SCN93]

asset stripping

vaciamiento de activos liquidacin de activos venta de activos

asset swap

swap de activos

asset-backed commercial paper ABCP

papel comercial garantizado con activos papel comercial respaldado por activos PCRA valor comercial garantizado con activos

asset-backed securities ABS

valores respaldados por activos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page72

English assetization of consumer durables used as stores of wealth [SNA93]

Spanish capitalizacin o activacin de bienes de consumo duradero usados como reserva de valor [SCN93]

assetization of other primary income account [SNA93]

cuenta de capitalizacin de otros activos primarios [SCN93]

assets outstanding [BPM5]

activos acumulados [MBP5]

assets produced on own account

activos producidos por cuenta propia

assets to GDP [FSIG]

activos/ PIB [GISF] activos/producto interno bruto

assets to total financial system assets [FSIG]

activos/activos totales del sistema financiero [GISF]

assignment

destino comisin de servicios misin

Assistant Director for Work Practices and Technology Secretariat

Director Adjunto de la Secretara de mtodos de trabajo y tecnologa

Assistant Division Chief

subjefe de divisin

Assistant to the Director [IMF]

Asistente del Director

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page73

English Assistant to the Executive Director [IMF-OED]

Spanish Asistente del Director Ejecutivo

assistant to the Manager of the Visitors' Center

auxiliar del Director del Centro de Informacin del FMI

Assistant to the Secretary [IMF-SEC]

Asistente del Secretario

Assistant to the Senior Personnel Manager [IMF] ASPM Assistant to the SPM

Asistente del Gerente de Recursos Humanos

Assistant to Treasurer (Management Information Systems)

Asistente del Tesorero (Gestin de sistemas de informtica)

Associate Editor

jefe de redaccin asociado

Associate Secretary

Cosecretario

Associate [IMF]

Asociado

associated borrowing arrangement [IMF, GAB] associated agreement

acuerdo de obtencin de prstamo paralelo a los AGP acuerdo paralelo

associated enterprise associate associated company

empresa asociada asociada compaa asociada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page74

English associated group [BPM5]

Spanish grupo asociado

association agreement [EC]

acuerdo de asociacin

Association for Financial Markets in Europe AFME

Asociacin de Mercados Financieros de Europa AFME

Association for the Advancement of Agricultural Sciences in Africa AAASA

Asociacin para el Progreso de las Ciencias Agrcolas en Africa

Association of African Central Banks AACB

Asociacin de Bancos Centrales Africanos

Association of African Development Finance Institutions AADFI

Asociacin Africana de Instituciones Financieras de Desarrollo AAIFD

Association of Bank Supervisory Agencies in Latin America

Asociacin de Organismos Supervisores Bancarios de Amrica Latina y el Caribe

Association of Development Financing Institutions in Asia and the Pacific ADFIAP

Asociacin de Instituciones Financieras de Desarrollo del Asia y el Pacfico

Association of European Border Regions AEBR

Asociacin de Regiones Fronterizas Europeas ARFE

Association of Iron Ore Exporting Countries APEF

Asociacin de Pases Exportadores de Mineral de Hierro APEF

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page75

English Association of National Numbering Agencies [Brussels, Belgium] ANNA S.C.

Spanish Asociacin de Agencias Nacionales de Codificacin

Association of Natural Rubber Producing Countries ANRPC

Asociacin de Pases Productores de Caucho Natural APPCN

Association of Southeast Asian Nations ASEAN

Asociacin de Naciones del Asia Sudoriental ASEAN

association with a given territory [BPM5]

vinculacin a un territorio [MBP5]

association [SNA93]

asociacin [SCN93]

associative operation [mathematics]

operacin asociativa

associativity [mathematics]

propiedad asociativa asociatividad

assume debt

asumir (las obligaciones de) la deuda

assumed mean

media supuesta

assumption

hiptesis

assumption of debt debt assumption

asuncin de deuda [MBP6; MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page76

English assumption of normality normality assumption

Spanish hiptesis de normalidad

assurances of integrity [GDDS]

garantas de integridad

assured payment system [securities settlement systems]

sistema de pago asegurado

assured use [SDR]

uso asegurado

asymmetric exchange rate intervention asymmetrical intervention asymmetric intervention

intervencin asimtrica

asymmetrical basket

cesta asimtrica

asymptote

asntota

asymptotic expansion

desarrollo asinttico

asymptotic properties large sample properties

propiedades asintticas

asymptotic theory

teora asinttica

asymptotically efficient estimate

estimacin asintticamente eficiente

at a loss [BPM5]

por debajo de la par [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page77

English at the border [measures, effects, etc.] border [measures, effects, etc.]

Spanish medidas en la frontera

at @

arroba

Atlantic Community Development Group for Latin America

ADELA Agrupacin Atlntico para el Desarrollo Econmico de LatinoAmrica

Atlantic Division [WHD/AT]

Divisin del Atlntico

attachment

embargo

attendance list

lista de participantes

at-the-money option

opcin a dinero opcin cuyo precio de ejercicio es igual al del activo subyacente

attribution of production

atribucin de la produccin asignacin de la produccin

attrition

reduccin natural del personal amortizacin de un puesto de trabajo [Esp.] reduccin normal del personal

attrition rate

tasa de desgaste

auction bid form

formulario de licitacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page78

English auction price [economics]

Spanish precio libre

auction rate [exchange rates]

tipo de cambio de adjudicacin

auction sale auction

remate licitacin subasta

Audio/Visual Services Unit [TGS/DF/FO/AV]

Unidad de Servicios Audiovisuales

audiovisual and related services [BPM5]

servicios audiovisuales y conexos [MBP5]

audiovisual assistant

auxiliar de audiovisual

audit

auditar llevar a cabo una auditora comprobar las cuentas

Audit Assistant [IMF-OIA]

Auxiliar de Auditora

audit committee

comit de auditora

audit office auditing department

Tribunal de Cuentas [Am. Lat.] Oficina de Auditora

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page79

English audit opinion

Spanish dictamen de auditora

Audit Principal, Senior [IMF-OIA]

Auditor Jefe

audit trail

pista de auditora registro de auditora

audited financial statements

estados financieros auditados estados financieros verificados por auditores

auditing standard audit standard

norma de auditora

Auditor [IMF-OIA]

Auditor

Auditor, Senior [IMF-OIA]

Auditor Principal

augmentation of resources [IMF]

aumento de los recursos complemento de los recursos

augmented matrix

matriz ampliada

augmented resources [IMF] augmented Fund resources

recursos aumentados recursos complementarios aumento de los recursos complemento de los recursos

austerity program

programa de austeridad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page80

English Australia-New Zealand Closer Economic Relations Trade Agreement ANZCERTA

Spanish Acuerdo Comercial de Estrechamiento de Relaciones Econmicas entre Australia y Nueva Zelandia

authenticated instructions [BL]

instrucciones refrendadas, autenticadas

authorization date

fecha de autorizacin

authorization for future commitments pluriannual allocation

autorizacin de gastos futuros

authorization for guarantees

autorizacin de garantas

authorization process

proceso de autorizacin

authorization budget authorization

autorizacin presupuestaria

authorized bank [exchange market]

banco autorizado banca delegada [Esp.]

authorized capital

capital autorizado capital social capital nominal

authorized foreign exchange dealer

cambista autorizado

autocorrelation coefficient serial correlation coefficient

coeficiente de autocorrelacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page81

English autocorrelation serial correlation

Spanish autocorrelacin

autocovariance

autocovariancia

Automated System for Customs Data [UNCTAD] ASYCUDA Automated System for Customs Data and Management Automated System for Customs Data Acquisition, Control and Management [UNCTAD]

Sistema Aduanero Automatizado SIDUNEA Sistema Aduanero Automatizado para el Acceso, el Control y la Gestin

Automated Systems Section [ADM/JL/XU]

Seccin de Sistemas Automatizados

automated teller machine [banking] ATM

cajero automtico cajero electrnico

automatic budgetary stabilizer

estabilizador presupuestario automtico

automatic data processing ADP

procesamiento automtico de datos

automatic fiscal stabilizers

estabilizadores fiscales automticos

automatic stabilizer built-in stabilizer

estabilizador automtico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page82

English Automatic Transfer Services Account [USA] ATS Account

Spanish cuenta de transferencia automtica cuenta ATS

automaticity of drawings

automatismo de los giros

autonomous capital flows [BOP]

corrientes autnomas de capital

autonomous consumption

consumo autnomo

autonomous expenditure

gasto autnomo

autonomous investment

inversin autnoma

autonomous pension fund [GFSM]

cajas de pensin autnoma [MEFP]

autonomous transaction [BOP]

transaccin autnoma

autonomous variable

variable autnoma

autoregression

autorregresin

autoregressive integrated moving average [statistics] ARIMA

media mvil autoregresiva integrada

autoregressive model

modelo autorregresivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page83

English autoregressive process

Spanish proceso autorregresivo

auxiliary measures

medidas complementarias

availability fee

comisin por disponibilidad de fondos

available central government [GFS 1986]

gobierno central disponible

available funds [SNA93]

fondos disponibles [SCN93]

average

media promedio

average bid-ask spread in the securities market [FSIG]

diferencial medio entre la demanda y la oferta en el mercado de valores [GISF]

average consumer price index [GFSY]

promedio, ndice de precios al consumidor

average daily balance

promedio de los saldos diarios saldo medio diario

average daily turnover ratio in the securities market [FSIG]

coeficiente de rotacin media diaria en el mercado de valores [GISF]

average effective tax rate AETR

tasa media efectiva del impuesto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page84

English average exchange rate [SNA93]

Spanish tipo de cambio promedio [SCN93]

average index change [CPI]

variacin media del ndice

average life [SNA93]

promedio de vida [SCN93]

average of the price ratios [CPI]

promedio de las relaciones o cocientes de precios

average percentage change [CPI]

variacin porcentual media

Average Petroleum Spot Prices [IMF, WEO] APSP Average Petroleum Spot Price

precios medios del petrleo de entrega inmediata

average price

precio medio precio promedio

average price change [CPI]

promedio de las variaciones de precio (de los precios); variacin media de (los) precios

average, to

calcular el promedio

average-inflation country

pas de inflacin media pas de mediana inflacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page85

English averaging provision reserve requirement averaging

Spanish encaje promedio mecanismo de promedios fijacin del encaje promedio

avian flu pandemic

pandemia de gripe aviar

avian influenza avian flu bird flu

gripe aviaria gripe aviar

avoidance of cross-conditionality [IMF]

necesidad de evitar la condicionalidad cruzada necesidad de evitar la doble condicionalidad

awaiting clearance [AA]

pendiente de compensacin

award [procurement]

adjudicacin

baby boom

generacin de la post-guerra explosin demogrfica

baby boomer

generacin de posguerra, de la

back a loan

garantizar un prstamo respaldar un prstamo avalar un prstamo

back donor

donante original

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page86

English back office

Spanish back office servicio auxiliar oficina de servicios auxiliares

backcast backcasting

backcasting retroproyeccin pronstico retrospectivo

background document [SNA93]

documento de referencia [SCN93]

background paper

documento de antecedentes documento de informacin bsica documento de referencia

backing

garanta aval

backline services [IBRD]

servicios de apoyo

backloaded stimulus package

paquete de estmulo con una ejecucin gradual

back-loading [IMF]

concentracin al final del programa concentracin de desembolsos al final del perodo del acuerdo [P45] concentracin (de medidas, gastos, etc.) al final del perodo

backstopper [IMF technical assistance]

encargado local del apoyo logstico

backstopping facilities

mecanismos de apoyo tcnico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page87

English backstopping [IMF technical assistance]

Spanish respaldo tcnico

backtest [bank supervision] backtesting

evaluacin retrospectiva

back-to-back credit back-to-back loan

prstamos cruzados en divisas crdito con garanta de otro crdito

back-to-back missions [IMF]

misiones consecutivas sin regresar a la sede

back-to-office report BTO forty-eight-hour report debrief [IMF]

informe al regreso de una misin informe dentro de las cuarenta y ocho horas

back-up line

lnea de crdito de reserva

backward linkage [industry]

vinculacin hacia atrs

backward shifting

traslacin hacia atrs traslacin del impuesto hacia atrs

backward-bending curve

curva atpica

backward-looking expectations

expectativas retrospectivas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page88

English backward-looking indexation

Spanish indexacin en funcin de la inflacin pasada

bad and doubtful debts

deudas incobrables y de dudosa cobrabilidad [SCN93]

bad asset

activos deteriorados

bad debt write-off debt write-off write-off of bad debts

cancelacin contable cancelacin de deudas incobrables cancelacin contable de deuda cancelacin de una deuda incobrable

bad loan bad debt [accounting]

deuda incobrable

baggage fees

derechos por equipaje cargos por exceso de equipaje

bail in

lograr que participen todas las partes interesadas en las operaciones de rescate

bail out rescue

rescatar salvar

bailout loan

prstamo de rescate

bailout rescue

operacin de rescate operacin de salvataje operacin de salvamento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page89

English Baker initiative Baker plan Program for Sustained Growth

Spanish Programa de Crecimiento Sostenido Plan Baker

balance of international payments

balanza de pagos internacionales

balance of payment analysis [BPM5]

anlisis de balanza de pagos [MBP5]

balance of payments accounting

contabilidad de balanza de pagos

balance of payments adjustment

ajuste de la balanza de pagos

balance of payments analysis

anlisis de balanza de pagos

Balance of Payments and External Debt Division I, II [STA/A1, A2]

Divisin de Balanza de Pagos y Deuda Externa I, II

balance of payments assistance balance of payments support

asistencia para la balanza de pagos financiamiento de la balanza de pagos respaldo para la balanza de pagos

balance of payments coding system [BPM5]

sistema de coficacin de la balanza de pagos

Balance of Payments Compilation Guide

Gua para compilar estadsticas de balanza de pagos

balance of payments constraint

limitacin impuesta por la balanza de pagos

balance of payments deficit payments deficit

dficit de la balanza de pagos dficit de pagos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page90

English Balance of Payments Division

Spanish Divisin de Balanza de Pagos

balance of payments equilibrium

equilibrio de la balanza de pagos

balance of payments financing

financiamiento de la balanza de pagos

balance of payments flows

flujos de balanza de pagos

balance of payments identity [BOP]

identidad de la balanza de pagos

Balance of Payments Manual - 5th edition BPM5

Manual de Balanza de Pagos - 5a. edicin MBP5

Balance of Payments Manual [IMF] BPM

Manual de Balanza de Pagos

balance of payments need [IMF]

necesidad de balanza de pagos necesidad de financiamiento de la balanza de pagos necesidad de respaldo para la balanza de pagos

Balance of Payments Newsletter [IMF]

Estadsticas de Balanza de Pagos: Boletn informativo

balance of payments performance [BPM5]

resultado de la balanza de pagos [MBP5]

balance of payments position payments position

saldo de la balanza de pagos situacin de la balanza de pagos situacin de pagos externos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page91

English balance of payments ratio

Spanish razn de la balanza de pagos

balance of payments report [BPM5]

declaracin de datos de la balanza de pagos

balance of payments statement [BPM5]

estado de balanza de pagos [MBP5]

balance of payments statistical process [BPM5] BOP statistical process

proceso estadstico de la balanza de pagos

Balance of Payments Statistics Yearbook [IMF] BOPSY

Balance of Payments Statistics Yearbook Anuario de estadsticas de balanza de pagos [ttulo no oficial]

balance of payments statistics BOP statistics

estadsticas de la balanza de pagos

balance of payments support loan [SNA93]

prstamo de apoyo a la balanza de pagos [SCN93]

balance of payments surplus

supervit de la balanza de pagos supervit de pagos externos

balance of payments test [IMF]

prueba de la necesidad de respaldo para la balanza de pagos prueba de la situacin de la balanza de pagos

Balance of Payments Textbook [IMF]

Libro de texto de balanza de pagos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page92

English balance of payments worksheet [BPM5]

Spanish hoja de trabajo de la balanza de pagos

balance of payments [IFS; SNA93]

balanza de pagos [SCN93; MBP5]

balance of primary income, gross [SNA93]

saldo de ingresos primarios, bruto [SCN93]

balance of primary income, net [SNA93]

saldo de ingresos primarios, neto [SCN93]

balance of primary incomes [SNA93]

saldo de ingresos primarios [SCN93]

balance of risks

balanza de riesgos

balance of trade trade balance [IFS]

balanza comercial saldo comercial

balance on goods, services, income and unrequited transfers [BPM5]

balanza de bienes, servicios, renta y transferencias unilaterales [MBP5]

balance on hand

saldo disponible

balance sheet account

cuenta del balance cuenta de la hoja de balance

balance sheet approach to financial crisis balance sheet approach

anlisis de las crisis financieras desde la ptica de los balances enfoque del balance

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page93

English balance sheet channel broad credit channel

Spanish canal del balance

balance sheet cleansing balance sheet clean-up

saneamiento de los balances

balance sheet mismatch

descalce del balance descalce de los balances

balance sheet value [SNA, BPM5]

valor de balance

balance sheet vulnerabilities

vulnerabilidades de los balances

balance sheet general balance sheet statement of financial position statement of financial condition statement of condition statement of assets and liabilities balance sheet statement

balance [MEFP] balance general estado de la condicin financiera hoja de balance [SCN93] estado de pasivos y activos

balance [SNA93; accounting]

saldo [SCN93] balance

Balanced Budget and Emergency Deficit Control Act [USA] Gramm-Rudman-Hollings Act

ley Gramm-Rudman-Hollings

balanced budget multiplier

multiplicador de presupuesto equilibrado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page94

English balanced budget neutral budget

Spanish presupuesto equilibrado presupuesto neutro

balanced distribution of holdings [IMF]

distribucin equilibrada de las tenencias

balanced growth

crecimiento equilibrado

balanced positions [IMF]

posiciones equilibradas

balances due to banks abroad [GMBS]

saldos adeudados a bancos en el exterior

balance-sheet effect

efecto en el balance

balancing item

partida equilibradora partida de resultado

balancing statement [SNA]

estado contable equilibrado

Balassa-Samuelson Effect

efecto Balassa-Samuelson

Bali Action Plan

Plan de Accin de Bali

Bali Roadmap

Hoja de Ruta de Bali

ballast for ships [SNA93]

lastre de buques [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page95

English balloon loan

Spanish prstamo reembolsable en su mayor parte al vencimiento prstamo balloon prstamo globo

Baltic countries, Russia, and other countries of the former Soviet Union BRO

pases blticos, Rusia y otros pases de la antigua Unin Sovitica

Baltic Division

Divisin del Bltico

Baltic states

Estados blticos

bandpass filter

filtro de banda

Bangkok [Thailand]

Bangkok

bank advisory committee [London Club] advisory committee steering committee

comit consultivo de bancos comit consultivo bancario comit de coordinacin

bank assessment

evaluacin de la situacin bancaria diagnstico de la situacin bancaria

bank balance sheet restructuring

reestructuracin bancaria

bank call report form bank report form report form [IFS]

formulario de declaracin de datos de los bancos formulario de declaracin de datos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page96

English bank call report call report

Spanish informe financiero

bank cash ratio

coeficiente bancario de caja ndice de liquidez

bank clearings (monthly averages) [IFS]

compensacin bancaria (promedio mensual)

bank clearings [GMBS]

compensacin bancaria

bank debits

dbitos bancarios deuda bancaria

bank debits (monthly averages) [IFS]

dbitos bancarios (promedios mensuales)

bank draft [SNA93] banker's draft

orden de pago giro bancario letra de cambio girada por un banco sobre otro

bank examination

inspeccin bancaria auditora bancaria

bank failure

quiebra de un banco

Bank for International Settlements BIS

Banco de Pagos Internacionales BPI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page97

English bank holding company [FSIG]

Spanish holding bancario holding de bancos [GISF]

bank insurance fund BIF

fondo de garanta de los depsitos bancarios

bank liquidity ratio

coeficiente de liquidez bancaria

bank loan [GFS 1986] bank advances

prstamo bancario anticipos bancarios

bank money

dinero bancario dinero escritural

bank money order

giro bancario

bank note redemption [currency]

retiro de circulacin

Bank of Canada [Canada]

Banco de Canad

Bank of Cape Verde [Cape Verde] BCV

Banco de Cabo Verde BCV

Bank of Central African States BEAC

Banco de los Estados de frica Central BEAC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page98

English Bank of England

Spanish Banco de Inglaterra

Bank of France [France]

Banco de Francia

bank of issue currency issuing agency

banco emisor banco de emisin entidad emisora de moneda

Bank of Italy

Banco de Italia

Bank of Zare [Zaire]

Banco de Zaire

bank prudential indicator

indicador de prudencia bancaria

bank regulator

superintendente de bancos regulador bancario

bank resolution mechanism

mecanismo de resolucin bancaria

bank restructuring agreement

acuerdo de reestructuracin bancaria

bank return

estado de cuenta bancaria

bank run bank panic run on a bank run on deposits

pnico bancario retirada masiva de los depsitos de un banco corrida bancaria [Am. Lat.]

bank secrecy

secreto bancario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page99

English bank supervision banking supervision

Spanish supervisin bancaria supervisin de bancos

bank supervisors

autoridades de supervisin bancaria

bank writedowns

rebajas del valor contable de los activos bancarios rebajas contables bancarias

Bank/Fund Conferences Office [SEC/AI/BF] BFCO

Oficina de Conferencias del Banco y del Fondo

banker's acceptance bank acceptance

aceptacin bancaria

bankers' bank

banco de bancos

bankers' deposit [central bank]

depsito a la vista de los bancos comerciales en el banco central depsitos de encaje

bankers' reserves

reservas de los bancos (comerciales)

Bank-Fund Financial Sector Liaison Committee [IMF-WB] FSLC

Comit de enlace entre el Banco y el Fondo para el sector financiero

banking

actividad bancaria operaciones bancarias banca

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page100

English banking advisory group [IFC]

Spanish grupo de asesores

banking authorities

autoridades bancarias

banking book

cartera permanente libro bancario operaciones clsicas del banco

banking soundness

solidez bancaria solidez del sistema bancario

Banking Supervision and Regulation Division

Divisin de Supervisin y Regulacin Bancarias

banking survey [GMBS; IFS]

panorama bancario

banklike institutions, other [GMBS]

instituciones parabancarias instituciones afines a las bancarias, otras [GMBS]

banknote, uncirculated [BOP]

billete que no ha entrado en circulacin

banknotes and coins

billetes y moneda metlica

bankruptcy

quiebra bancarrota falencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page101

English bankruptcy law

Spanish ley de bancarrota ley de concursos ley de quiebras

banks in distress distressed banks

bancos en dificultades [GISF]

bar chart bar graph

grfico de barras histograma

bar [gold]

barra [barra de oro]

Barcelona Declaration

Declaracin de Barcelona

bare boat charter [BPM5] bare bottom charter

a casco desnudo fletamento sin dotacin fletamento a casco desnudo

bargaining position

posicin negociadora

bargaining power

poder de negociacin

barrel

barril

barrier option

opcin barrera

barrier to entry [trade]

barrera a la entrada obstculo al ingreso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page102

English barter

Spanish trueque [MBP5; SCN93] comercio de trueque

barter economy

economa de trueque

barter transactions [SNA93]

transacciones de Trueque [SCN93]

bartered consumption goods and services [SNA93]

trueque de bienes y servicios de consumo [SCN93]

base effect

efecto base

base money monetary base reserve money central bank money high-powered money

dinero de gran potencia base monetaria emisin primaria dinero primario dinero del banco central dinero de alta potencia

base period

perodo base perodo de base

base year [statistics] reference year

ao base ao de referencia

Basel Act [EMS]

Acuerdo de Basilea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page103

English Basel Capital Accord [BIS]

Spanish Acuerdo de Capital de Basilea

Basel capital adequacy ratio [MPI] capital adequacy rules

coeficiente de capital (Basilea)

Basel capital deductions [MPI]

deducciones del capital (Basilea)

Basel capital [MPI]

capital segn la definicin de Basilea

Basel Committee on Banking Supervision BCBS Basel Committee Cooke Committee

CSBB Comit de Supervisin Bancaria de Basilea [GISF] Comit de Basilea Comit Cooke Comit de Basilea

Basel Concordat [BIS]

Concordato de Basilea

Basel Core Principles Liaison Group

Grupo de Enlace sobre los Principios Bsicos del Comit de Basilea

Basel II [BIS]

Acuerdo de Basilea II

baseline feature [IMF]

escenario de referencia

baseline projection

proyeccin de referencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page104

English baseline scenario [IMF] reference scenario RS benchmark scenario trend scenario business-as-usual scenario BAU nonintervention scenario

Spanish escenario base escenario de referencia

Basel-Nyborg Agreement [EMS]

Acuerdo de Basilea-Nyborg

base-to-income elasticity

elasticidad de la base tributaria con respecto al ingreso elasticidad base tributaria/ingreso

base-weighted price index base-weighted index Laspeyres index [FSIG]

ndice ponderado en funcin del perodo base ndice de Laspeyres [GISF]

base-year price

precio del ao base

BASIC

sistema BASIC

basic assumption

hiptesis fundamental

basic balance [BPM5]

balanza bsica [MBP5]

basic foodstuffs staples

alimentos bsicos alimentos de consumo corriente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page105

English basic necessity basic need

Spanish necesidad bsica

basic needs poverty line

lnea de pobreza basada en necesidades bsicas insatisfechas

basic period [IMF]

perodo bsico

basic prices [SNA93]

precios bsicos [SCN93]

basic rate of charge [IMF]

tasa de cargos bsica

basic research [GFSM]

investigacin bsica [MEFP]

basic reserve requirement [SNA93]

encaje bsico [SCN93]

basic value

valor bsico

basic vote [IMF]

voto bsico

basis

precio base base

basis of assessment

base imponible base de liquidacin del impuesto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page106

English basis of recording [GFSM 2001]

Spanish base de registro

basis of reporting

base para la declaracin de datos

basis point BPS

punto bsico centsimo de punto porcentual

basis risk

riesgo de base diferencial entre el precio de un instrumento al contado a proteger y el precio del contrato a plazo protector

basket of goods and services

canasta de bienes y servicios

basket peg basket pegging composite peg

tipo de cambio fijo en relacin con una canasta de monedas tipo de cambio vinculado a una cesta de monedas vinculacin a una canasta

Bayesian estimator

estimador bayesiano

Bayesian principles of inference

principios bayesianos de inferencia

beachhead effect

efecto cabeza de playa

bear market [securities exchange] bearish market

mercado bajista mercado a la baja

bear operator bear

especulador a la baja bajista

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page107

English bearer (check)

Spanish (cheque) al portador

bearer bill bearer note

pagar al portador

bearer certificate

certificado al portador

bearer check check to bearer

cheque al portador

bearer instrument bearer paper bearer security

instrumento al portador ttulo al portador valores al portador

bearish

bajista en baja a la baja

before taxes pretax

antes de impuestos antes de deducir los impuestos

beggar-my-neighbor policy beggar-thy-neighbor policy

poltica de empobrecimiento del vecino poltica de egosmo nacional

behavior variable

variable de comportamiento

behavioral economics

economa del comportamiento

behavioral equation

ecuacin de comportamiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page108

English behavioral equilibrium exchange rate BEER

Spanish tipo de cambio de equilibrio de comportamiento

behind the border [measures, effects, etc.] [trade]

efecto extrafronterizo

Beijing Declaration and Platform for Action

Declaracin y Plataforma de Accin de Beijing

Beijing Declaration of the World Food Council [WFC]

Declaracin de Beijing del Consejo Mundial de la Alimentacin

bells and whistles

atractivos que se agregan a una inversin para hacerla ms interesante

below par value [currency]

por debajo de la paridad

below the line [BPM5, GFS 1986]

por debajo de la lnea

below-the-line item

partida extraordinaria partida que figura por debajo de la lnea

benchmark bond index [IMF]

ndice de bonos de referencia

benchmark ratio [SDR allocation]

coeficiente de referencia

benchmark survey

encuesta de referencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page109

English benchmark [IMF, PRGF] performance benchmark

Spanish parmetro de referencia [P45] punto de referencia indicador de resultados referente

benchmarking

establecimiento de parmetros establecimiento de una base de referencia

beneficial owner

beneficiario final [Money laundering]

beneficial ownership [securities settlement systems] beneficial owner beneficial interest holder beneficial interest

usufructo propiedad efectiva titularidad propiedad beneficiaria

benefit principle of taxation

principio de la imposicin basada en el servicio prestado

benefit snatching

apropiacin de beneficios

benefit benefits

prestaciones beneficios beneficio prestacin subsidio

Benefits Administration Section [HRD/SB/BA]

Seccin de Administracin de Prestaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page110

English Benefits Administration Unit [HRD/SB/BA/ ...]

Spanish Unidad de Administracin de Prestaciones

benefits in cash [BPM5] cash benefits

prestaciones en efectivo

benefits in kind [BPM6]

prestaciones en especie [MBP6]

Benelux Economic Union

Unin Econmica Benelux

benign neglect

desatencin benvola descuido benvolo indiferencia benvola

best case scenario optimistic scenario

marco hipottico optimista escenario optimista escenario ptimo

best critical region

regin crtica ptima

best estimate

estimacin ptima

best estimator

estimador ptimo

best linear unbiased estimator BLUE

estimador lineal insesgado ptimo

best practices BP

prcticas ptimas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page111

English best-fit curve best-fitting curve

Spanish curva que mejor se ajusta a los datos

better case scenario

escenario ms favorable

better-policies scenario [WEO] best-policies scenario optimistic scenario

escenario basado en la aplicacin de polticas ms favorables escenario optimista

bias [statistics]

sesgo distorsin error sistemtico

biased estimator

estimador sesgado

biased sample

muestra sesgada

biased [statistics]

sesgado

Bibliography Section [ADM/JL/XB]

Seccin de Bibliografa

bicyclic procedure [IMF consultations] bi-cycle

procedimiento de ciclo bienal de consultas ciclo bienal

bid bond

fianza de licitacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page112

English bid price

Spanish cotizacin de compra precio ofrecido por el comprador

bid up (prices)

empujar los precios al alza

bid tender

licitacin

bid-ask spread [FSIG; MPI]

diferencia entre el precio de compra y el precio de venta diferencial entre el precio de demanda y el precio de oferta [GISF]

bidder tenderer

oferente concursante licitador licitante postor

bid-offer spread [exchange rates]

margen entre el tipo de cambio comprador y vendedor

biennial consultation [IMF]

consulta bienal

biennial surveillance review BSR Biennial Review of Surveillance

examen bienal de la supervisin

big bang reform big bang

programa de reformas big bang reforma radical gran reforma Big Bang, el

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page113

English big-push theory

Spanish impulso fuerte, teora del

bilateral central rate [EMS]

tipo de cambio central bilateral

bilateral creditor [HIPC Initiative]

acreedor bilateral

bilateral deadline

fecha lmite de concertacin de un acuerdo bilateral

bilateral monopoly

monopolio bilateral

bilateral netting

neteo bilateral compensacin bilateral

bilateral official creditors

acreedores oficiales bilaterales

bilateral payments agreement [GMBS] bilateral payments arrangement

acuerdo bilateral de pagos convenio bilateral de pagos

bilateral reconciliations [BPM5]

conciliaciones bilaterales

bilateral statements [BPM5]

estados bilaterales [MBP5]

bilateral surveillance [IMF] Article IV surveillance

supervisin bilateral supervisin en el marco de las consultas del Artculo IV

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page114

English bilateral trade weight

Spanish ponderacin del comercio bilateral

bill

pagar billete cuenta letra efectos

bill of exchange draft [IMF]

letra de cambio borrador proyecto

bill of quantities

estimacin cuantitativa

bill of sale

factura de venta

bill of weight [banking] BW

nota de peso NP

billion [IMF-IBRD; USA]

mil millones

billions of dollars $BN BNBN

miles de millones de dlares

bills payable

letras a pagar

bimetallic standard bimetallism bi-metalism

bimetalismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page115

English bimodal distribution

Spanish distribucin bimodal

Binary-Coded Decimal BCD

decimal codificada en binario

bindery operator [IMF-ADM]

encuadernador

binding

obligatorio vinculante exigible

binding agreement

acuerdo que compromete

binomial

binomio

binomial distribution

distribucin binomial

biodiversity

biodiversidad

bipolar view

enfoque bipolar

bit binary digit

bit

bivariate distribution

distribucin de dos variables

black market [SNA93]

mercado negro [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page116

English Black Scholes options pricing model

Spanish modelo Black Scholes de determinacin del precio de las opciones

black swan

cisne negro

Blair Commission

Comisin Blair

blank

espacio en blanco blanco

blank acceptance

aceptacin en blanco

blank check

cheque en blanco

blank credit

crdito en blanco

blank transfer

transferencia en blanco

blanket tax holiday

exoneracin general (temporal) de un impuesto

blend country [IBRD-IDA]

pas que puede obtener financiamiento combinado

blended credits [USA]

crditos mixtos

blended GDP variable

medicin mixta del PIB

blending of resources blending

combinacin de recursos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page117

English block

Spanish bloque

block grant [USA]

subvencin global para un fin determinado subvencin para determinadas funciones subvencin en bloque

blocked account [GMBS]

cuenta bloqueada

blocked assets

activos bloqueados

blocked gold or dollars [IMF]

oro o dlares bloqueados

BLS Library [IMF]

Biblioteca de la Direccin de Servicios Lingsticos

BLS Systems Officer

Oficial de Sistemas Informticos (BLS)

blue chip gilt-edged security [GBR]

valores punteros valores estrella valor de primera clase valor de primer orden acciones lderes [Arg.]

blue sky law [USA]

ley de proteccin contra extravagantes promesas de ganancias

Board Attendant

Ordenanza del Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page118

English Board Attendant, Senior

Spanish Ordenanza Principal del Directorio Ejecutivo

Board Briefing Informal Board Briefing

reunin informativa del Directorio reunin informativa del Directorio de carcter informal

Board Discussion

debate del Directorio

Board Meetings Arrangements Unit [SEC/EB/...]

Unidad de Preparativos de las Reuniones del Directorio

Board of Executive Directors [WB] Board

Directorio Ejecutivo

Board of Governors of the Federal Reserve System [USA] Federal Reserve Board FRB

Junta de Gobernadores del Sistema de la Reserva Federal Junta de la Reserva Federal

Board of Governors [IMF]

Junta de Gobernadores

Board Operations Officer [IMF-SEC]

Oficial de Operaciones del Directorio Ejecutivo

Board Operations Officer, Senior [IMF-SEC]

Oficial Principal de Operaciones del Directorio Ejecutivo

board seminar

seminario del Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page119

English Board Work Program Unit [SEC/AI]

Spanish Unidad a cargo del Programa de Trabajo del Directorio

bona fide

de buena fe genuino serio

bond

bono [MBP5; SCN93]

bond coupon coupon

cupn [MBP6]

bond holder

tenedor de bonos bonista

bond issue

emisin de bonos emisin de obligaciones

bond issues to finance BOP [IFS]

emisiones de bonos para financiamiento de la balanza de pagos

bond market rally

recuperacin del mercado de bonos

bond market fixed-income market

mercado de bonos mercado de ttulos de renta fija

Bond Markets

mercados de bonos

bond mutual fund

fondo mutuo colocado en bonos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page120

English bond portfolio holdings of bonds

Spanish cartera de bonos bonos en cartera

bond seniority

rango de preferencia de un bono

bond warrant debt warrant

certificado para compra de bonos opcin de compra de bonos

bond yield

tasa de rendimiento de un bono rendimiento

bond(, under) [customs]

control aduanero(, bajo) depsito aduanero(, en rgimen de)

bonded debt bonded indebtedness

deuda en bonos

bonded good

mercanca en depsito mercanca en almacn de aduana mercanca en aduana

bonded manufacturing warehouse

zona bajo control aduanero de una empresa manufacturera

bonded transportation company

empresa de transporte bajo control aduanero

bond-equivalent yield BEY

tasa de rendimiento al vencimiento rentabilidad equivalente a la de los bonos

bonds and bills [GFSM]

bonos y letras [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page121

English bonds and debentures [IFS]

Spanish bonos y obligaciones sin garanta

bonds and notes

bonos y pagars [MBP5, MBP6]

bonds and other securities [BPM5]

bonos y otros valores [MBP5]

bonds payable

bonos pagaderos, por pagar

bonds with optional maturity dates [BOP]

bonos con fechas optativas de vencimiento

bonus

gratificacin

bonus interest rate

tasa de inters con prima

bonus share bonus stock

accin como gratificacin bonificacin accin repartida como gratificacin accin distribuida gratuitamente accin gratuita

book profit

beneficio contable ganancia contable

book enter

contabilizar registrar inscribir asentar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page122

English book-entry security paperless security

Spanish ttulo desmaterializado ttulo anotado en cuenta ttulo escritural

book-entry system [securities settlement systems]

sistema de anotaciones en cuenta

bookkeeper

tenedor de libros

bookkeeping [BPM5]

tenedura de libros [MBP5] contabilizacin registro contable contabilidad

books and records [accounting] accounting records accounting documents

libros y registros contables registros contables documentos contables

book-to-bill ratio

relacin pedidos/facturacin

boolean

boleano Boole, de

boom

auge

boom-bust cycle boom and bust

ciclo de auge y cada

BOP loans to Central Bank [IFS]

prstamos al Banco Central para financiamiento de la Balanza de Pagos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page123

English BOP loans to monetary authorities [IFS]

Spanish prstamos a las autoridades monetarias para financiamiento de la Balanza de Pagos

BOP loans to other banks [IFS]

prstamos a otros bancos para financiamiento de la Balanza de Pagos

BOP loans to reserve bank [IFS]

prstamos al banco de reserva para financiamiento de la Balanza de Pagos

Bordeaux [France]

Burdeos

border tax adjustment

ajuste tributario en frontera

border trade

compras transfronterizas para uso personal fayuca [MEX] comercio fronterizo

border worker

trabajador fronterizo

borderline case

caso ambiguo caso dudoso

borrow

pedir prestado [SCN93]

borrow short and lend long

endeudarse a corto plazo y prestar a largo plazo

Borrowed Resources and Investment Division

Divisin de Recursos Obtenidos en Prstamo y de Inversiones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page124

English Borrowed Resources Suspense Accounts [IMF] BRSA

Spanish Cuentas Suspensivas de Recursos Ajenos

borrowed resources [IMF]

recursos obtenidos en prstamo [MBP5]

borrower

solicitante de prstamo prestatario

borrowing

emprstito endeudamiento

borrowing arrangement [IMF] borrowing agreement

acuerdo de obtencin de prstamos

borrowing authorization

autorizacin de endeudamiento autorizacin de obtencin de prstamos

borrowing by authorities or other sectors on authorities' behalf [BPM5]

obtencin de recursos en prstamo por las autoridades u otros sectores en nombre de las autoridades [MBP5]

borrowing capacity

capacidad de endeudamiento capacidad de obtencin de prstamos

borrowing ceiling

tope de endeudamiento lmite de endeudamiento

borrowing for balance of payments support [BPM5]

obtencin de recursos en prstamo para fines de balanza de pagos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page125

English borrowing from other financial institutions [IFS]

Spanish prstamos de otras instituciones financieras

borrowing rate

tasa de inters de los emprstitos tasa pasiva

borrowing ratio [IMF borrowing]

coeficiente de endeudamiento

borrowing requirement

necesidad de financiamiento necesidad de obtencin de prstamos

borrowing space

capacidad de endeudamiento

borrowing-quota ratio [IMF borrowing]

relacin emprstitos/cuotas razn emprstitos/cuotas

bottleneck

estrangulamiento cuello de botella

bottleneck inflation

inflacin causada por limitaciones de la oferta inflacin de demanda inflacin por estrangulamientos de la oferta

bound

cota extremo

bound tariff bound tariff rate bound rate

arancel consolidado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page126

English bounded above

Spanish acotado superiormente

bounded below

acotado inferiormente

bounded set

conjunto acotado

bracket creep [taxation] bracket progression

progresin gradual a tasas impositivas ms altos progresin escalonada

Brady bond [debt restructuring] Brady debt

bono Brady deuda en bonos Brady

Brady Plan

Plan Brady

branch

sucursal

branches of U.S. banks: assets (or liabilities) [IFS]

sucursales de bancos de EE.UU.: activo (o pasivo)

brass-plate company

sociedad fantasma sociedad interpuesta sociedad nominal empresa ficticia sociedad ficticia

Brazil, Russia, India and China Club BRIC Club BRICs

club BRIC grupo BRIC club integrado por Brasil, Rusia, India y China

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page127

English Brazil, Russia, India, China, and South Africa BRICS

Spanish grupo BRICS

breakdown breaking out

desagregacin apertura desglose

break-even inflation

inflacin neutral

break-even point

punto de equilibrio umbral de rentabilidad punto muerto

breakup of single entities [BPM5]

subdivisin de unidades [MBP5]

Bretton Woods Committee BWC

Comit de Bretton Woods [ttulo no oficial] CBW

Bretton Woods Institutions BWI

Instituciones de Bretton Woods

Bretton Woods system [exchange rates]

sistema de Bretton Woods

bribe

soborno ddiva

Bribe Payers Index BPI

ndice de fuentes de soborno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page128

English bribery corruption

Spanish cohecho corrupcin soborno

bridge bank [Japan] public bridge bank bridge bank scheme bridge bank facility

banco puente

bridge table [statistics]

tabla puente [SCN93] cuadro puente cuadro de conciliacin cuadro de empalme

briefing

sesin informativa sesin de orientacin sesin de informacin instrucciones

briefing note

nota informativa

briefing paper [IMF]

instrucciones a la misin, (documento de)

British Caribbean Currency Board BCCB

Junta Monetaria de la Antillas Britnicas

broad economic categories [BPM5] BEC

clasificacin por grandes gategoras econmicas CGCE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page129

English broad financial market

Spanish mercado financiero amplio

broad guidelines [Treaty on European Union]

orientaciones generales

broad measure of liquid assets [FSIG]

activos lquidos en sentido amplio [GISF]

broad money survey [IMF]

panorama del dinero en sentido amplio

broad-based development

desarrollo de base amplia, de amplia base, que abarque todos los sectores desarrollo diversificado

broad-based growth broad-based economic growth

crecimiento de base amplia crecimiento econmico de base amplia

broadcasting and publishing services [GFSM]

servicios de televisin, radio y publicaciones [MEFP]

broadcasting [BPM5]

radioteledifusin [MBP5]

broadening of the tax base

ampliacin de la base imponible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page130

English broadly defined money supply broad money money broadly

Spanish base monetaria amplia dinero en su definicin amplia dinero en sentido amplio masa monetaria en sentido amplio disponibilidades lquidas [ESP] oferta monetaria en sentido amplio

broad-money liabilities [MFSM 2000] BML

pasivos de dinero en sentido amplio

broken cross rates

tipos cruzados discordes

broker loan rate brokers' call rate call money rate

tasa de prstamos a la vista a agentes burstiles tasa del dinero a la vista

broker stockbroker

broker agente de bolsa corredor de bolsa

brokerage

corretaje

brokerage fee brokerage

comisin de corretaje

brokerage house brokerage firm brokerage company

empresa de corretaje de valores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page131

English broker-dealer

Spanish agente (de bolsa) agente burstil

brokers and agents [FSIG]

corredores y agentes de valores [GISF]

Brussels Definition of Value BDV

Definicin de valor de Bruselas

Brussels Office [IMF-EUR] EUO/BR

Oficina del FMI en Bruselas

brute force fiscal adjustment

ajuste fiscal forzado

bubble economy

burbuja especulativa economa especulativa burbuja econmica

budget

formular el presupuesto presupuestar anotar en el presupuesto elaborar el presupuesto

Budget and Expenditure Control Division

Divisin de Presupuesto y de Control de Gastos

Budget and Technical Assistance Support Unit BTASU

Unidad de Presupuesto y Apoyo a la Asistencia Tcnica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page132

English budget appropriation process budget appropriation appropriation budgetary appropriation budgetary appropriation process

Spanish afectacin presupuestaria autorizacin de crdito apropiacin [SCN93] consignacin presupuestaria consignacin [MBP5]

Budget Assistant [IMF]

Auxiliar de Presupuesto

Budget Assistant, Senior [IMF]

Auxiliar Principal de Presupuesto

budget calendar

calendario presupuestario

budget constraint

limitacin presupuestaria

budget control

control del presupuesto control presupuestario

budget cut

reduccin presupuestaria recorte presupuestario

budget deficit budget gap

dficit presupuestario

budget envelope

paquete presupuestario dotacin presupuestaria fondos disponibles

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page133

English budget estimate budget forecast

Spanish previsin presupuestaria estimacin presupuestaria

budget execution

ejecucin presupuestaria ejecucin del presupuesto

budget framework law

ley de directrices presupuestarias

budget institution budgetary unit spending agency spending department spending unit

organismo ejecutor del gasto organismo que efecta los gastos ministerio que efecta los gastos unidad ejecutora de gasto unidad presupuestaria unidad presupuestal

budget law approved budget

ley de presupuesto presupuesto aprobado

budget legislation

legislacin presupuestaria ley de presupuesto

budget line item line item

partida presupuestaria

budget management

gestin presupuestaria

Budget Manager, Senior [IMF] SBM

Gerente Principal del Presupuesto

Budget Officer [IMF]

Oficial de Presupuesto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page134

English Budget Officer, Senior [IMF]

Spanish Oficial Principal de Presupuesto

budget outturn budget performance

resultado presupuestario

budget presentation

presentacin del presupuesto

budget proposal [GFS 1986] draft budget budget bill

proyecto de ley de presupuesto proyecto de presupuesto

Budget Reform Division [OBP/BR]

Divisin de Reforma Presupuestaria

budget reporting system [IMF] BRS

sistema de declaracin presupuestaria

budget savings

ahorro presupuestario

Budget Section [INS/AI/BU]

Seccin de Presupuesto

Budget Strategy Division [IMF-OBP/BS]

Divisin de Estrategia Presupuestaria

budget summary

presentacin resumida del presupuesto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page135

English budget surplus [realized surplus]

Spanish supervit presupuestario

budget universality principle general budget rule

principio de universalidad presupuestaria

budget year

ejercicio presupuestario

budgetary account

cuenta presupuestaria

budgetary balance budgetary equilibrium

equilibrio presupuestario

budgetary central government [GFSY] budgetary central government accounts [GFS 1986]

gobierno central presupuestario cuentas presupuestarias del gobierno central

budgetary expenditure budgetary outlay fiscal expenditure

gasto presupuestario gasto fiscal

budgetary financing gap budgetary gap

dficit de financiamiento del presupuesto brecha presupuestaria

budgetary framework

marco presupuestario

budgetary objective

objetivo presupuestario

budgetary purpose

afectacin presupuestaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page136

English budgetary receipts

Spanish ingresos presupuestarios

budgeted funds

fondos presupuestados

budgeting

elaboracin del presupuesto formulacin del presupuesto

Budgeting and Fiscal Transparency Division [FAD/..]

Divisin de Presupuestacin y Transparencia Fiscal

budgetization fiscalization

inclusin en el presupuesto presupuestacin incorporacin al presupuesto

buff (paper) [IMF] buff statement

intervencin del Sr. X sobre ... exposicin sumaria (del Presidente del Directorio Ejecutivo) al trmino de las deliberaciones sobre ...

Buff Document [IMF document series; BUFF/...] BUFF

documento BUFF

BUFF/ED Document [IMF document series; BUFF/ED/...] BUFF/ED

documento BUFF/ED

buffer stock

existencias reguladoras

buffer stock facility [IFS]

SFER servicio de financiamiento de existencias reguladoras

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page137

English Buffer Stock Financing Facility [SNA93] BSFF

Spanish Servicio de Financiamiento de Existencias Reguladoras

building and loan associations [SNA93]

asociaciones de crdito inmobiliario asociaciones de prstamo y construccin [SCN93]

building block [statistics, models]

unidad de clasificacin elemento bsico elemento integrante

Building Services Unit

Unidad de Servicios Diversos

building society [GBR]

asociacin de ahorro y prstamo sociedad hipotecaria [IFS] sociedad de crdito inmobiliario [BPM5]

buildings and structures [GFSM]

edificios y estructuras [MEFP]

build-operate-transfer BOT

construccin-operacin-transferencia COT BOT

build-own-operate BOO

construccin-propiedad-operacin CPO BOO

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page138

English build-own-operate-transfer BOOT

Spanish construccin-propiedad-operacin-transferencia CPOT BOOT

built-in elasticity of a tax system

elasticidad intrnseca de un sistema tributario

built-in flexibility

flexibilidad intrnseca

bulk carrier

buque granelero buque granelero

bull market [securities exchange] bullish market

mercado al alza mercado alcista

bull operator bull

especulador al alza alcista

bulldog bond [GBR]

bono bulldog

bullet loan

prstamo reembolsable de una sola vez al vencimiento

bunch maps, method of Frisch method

mtodo de los haces

bunching of maturities debt bunching

concentracin de los plazos de vencimiento concentracin de los vencimientos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page139

English bundled currencies [BPM5]

Spanish cesta de monedas [MBP5]

bundling of transactions

agrupamiento de transacciones

bunker fuel [BPM5]

combustible de paol [MBP5]

buoyancy

firmeza optimismo dinamismo auge tendencia alcista de los precios perspectivas favorables

burden of disease [GDDS, population] disease burden

carga de morbilidad carga de la morbilidad

burden sharing (in the Fund's expenses) [IMF]

distribucin de los gastos (de funcionamiento) del FMI

burden sharing [IMF; BPM5]

distribucin de la carga distribucin de los gastos [MBP5]

burden [IMF]

gastos (de funcionamiento) del FMI

burden-sharing mechanism [IMF]

mecanismo de distribucin de la carga

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page140

English Bureau of Computing Services BCS

Spanish Direccin de Servicios de Informtica

Bureau of Information Technology Services BTS

Direccin de Servicios de Tecnologa de la Informacin

Bureau of Labor Statistics [USA] BLS

Direccin de Estadsticas del Trabajo

Bureau of Language Services BLS

Direccin de Servicios Lingsticos

Bureau of Statistics STA

Direccin de Estadstica

Bureau [G-24]

Mesa Mesa Directiva

Bush Initiative compact for global development compact for developing country aid

Iniciativa Bush

business accounting

contabilidad de empresas

business activity

actividad econmica actividad empresarial actividad industrial y comercial

business and professional licenses [GFSY]

licencias comerciales y profesionales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page141

English business community

Spanish medios empresariales crculos empresariales mundo de los negocios

business continuity plan

plan de continuidad de las operaciones

business corporation corporation

corporacin empresa constituida en sociedad sociedad empresa sociedad annima

Business Council for Sustainable Growth [UN]

Consejo de las Empresas para el Desarrollo Sostenible

business credit services [BPM5]

servicios de crdito a las empresas

business cycle economic cycle trade cycle boom-bust cycle

ciclo econmico ciclo coyuntural coyuntura ciclo de auge y cada

business day working day

da hbil, laborable

business expenses representation expenses

gastos de representacin gastos profesionales

business license tax occupational license tax

licencia fiscal de actividades comerciales, industriales y profesionales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page142

English business plan

Spanish plan de operaciones plan empresarial

business processes [IBRD-Strategic Compact]

procedimientos institucionales

business profit tax

impuesto sobre los beneficios de las empresas impuesto sobre las utilidades de las empresas impuesto sobre las ganancias de las empresas

business profits trading profits

beneficios de las empresas ganancias de las empresas utilidades de las empresas

business sector

sector empresarial sector industrial y comercial

business services [BPM5, BPM6]

servicios empresariales [MBP6]

business travel [BPM5]

viaje por motivo de negocios

business travelers [BPM5]

viajeros por motivo de negocios [MBP5]

butt-spliced aggregate data

datos agregados de series ligadas

buy long

sobrecomprar especular al alza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page143

English buy on margin [securities] margin buying

Spanish comprar a crdito

buy side

segmento institucional de la transaccin lado de la compra

buy-and-hold investor

inversionista a largo plazo

buyback agreement debt buyback debt repurchase

acuerdo de recompra pacto de recompra recompra de deuda

buyback arrangement [WTO] buyback [WTO]

pacto de recompra

buy-down loan [IBRD]

crdito [de la AIF] que se transforma en donacin

buyer

comprador

buyer's credit [WTO]

crdito al comprador

buyer's market soft market

mercado de compradores mercado favorable a los compradores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page144

English buying exchange rate buying rate buyer's rate bid rate

Spanish tipo comprador tipo de compra

buying member [IMF]

pas que efecta una compra pas miembro comprador

Buys-Ballot table

Buys-Ballot, tabla de

buy-sell spread [BPM6]

margen de intermediacin [MBP6]

by trading partners [BPM5]

segn la distribucin geogrfica del comercio de cada pas [MBP5]

Byelorussian Soviet Socialist Republic BYS

Repblica Socialista Sovitica de Bielorrusia

By-Laws [IMF] by-laws

Estatutos [FMI] reglamento interno estatuto

By-Laws, Rules and Regulations [IMF]

Estatutos y Reglamento

byproduct by-product

subproducto producto derivado

c.i.f. valuation [BPM5]

valoracin c.i.f. [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page145

English C.I.F. value [SNA93]

Spanish valor C.I.F. [SCN93]

Cable Room [IMF-SEC]

Sala de Telecomunicaciones

Cable/Telex

Cables/Telex

Cable/Telex Center [IMF]

Centro de Comunicaciones por Cable y Tlex

Cafeteria [IMF]

Cafetera

Caisse Centrale de Coopration conomique [France] CCCE

Caja Central de Cooperacin Econmica CCCE

calculated market interest rate calculated market rate

tasa de inters de mercado calculada

calculated quota share [IMF] share in calculated quotas [IMF]

cuota calculada relativa porcentaje que corresponde a un pas en el total de cuotas calculadas

calendar quarter

trimestre civil

calendar year

ao civil ao natural ao calendario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page146

English call account

Spanish cuenta a la vista [SCN93] cuenta de depsitos a la vista

call for committed funds call

peticin de fondos

call for subscribed capital

requerimiento de integracin de capital

call in debt

exigir el pago inmediato de la deuda exigir el pago anticipado de la deuda

call loan callable loan demand loan [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

prstamo exigible a la vista prstamo a la vista

call money

prstamo interbancario a un da dinero a la vista [SCN93] dinero a un da

call option clause call option call provision

clusula de opcin de renovacin opcin de renovacin

call option call

opcin de compra call

call protection [bonds]

proteccin frente al rescate anticipado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page147

English callable bond

Spanish bono redimible antes del vencimiento bono rescatable antes del vencimiento bono amortizable antes del vencimiento

callable [capital market]

rescatable antes del vencimiento redimible antes del vencimiento

CAMELS composite rating capital, assets, management, earnings, liquidity CAMEL

sistema CAMEL capital, activo, utilidades, liquidez, administracin sistema CAULA

Canadian Council for International Cooperation [Canada] CCIC

Consejo Canadiense de Cooperacin Internacional CCCI

Canadian International Development Agency CIDA

Agencia Canadiense de Desarrollo Internacional CIDA

canceled check paid check

cheque pagado

cancellation of a liability [GFSM]

cancelacin de un pasivo [MEFP]

cancellation of arrears [BPM5]

cancelacin de atrasos [MBP5]

cancellation of SDRs [IMF]

cancelacin de DEG

canonical correlation

correlacin cannica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English canonical reduction

Spanish reduccin cannica

cap [securities settlement systems]

transferencia mxima tope

capacity building

fortalecimiento de las capacidades

capacity constraint

limitacin de la capacidad restriccin de la capacidad productiva

Capacity Forum [IBRD-PACT]

Foro para el fortalecimiento de las capacidades

capacity output

produccin a plena capacidad capacidad de produccin total

capacity underutilization underutilization

subutilizacin de la capacidad productiva subutilizacin de la capacidad de produccin

capacity utilization

utilizacin de la capacidad productiva utilizacin de la capacidad de produccin

capital

capital

capital account convertibility

convertibilidad de la moneda a los efectos de las transacciones de capital convertibilidad de la cuenta de capital convertibilidad de los saldos de la cuenta de capital

capital account crisis

crisis de la cuenta de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page149

English capital account developments

Spanish evolucin de la cuenta de capital

capital account flows [BPM5]

flujos de la cuenta de capital

Capital Account Issues Division

Divisin de Cuestiones relativas a la Cuenta de Capital

capital account [budget]

cuenta de capital

capital adequacy

suficiencia del capital adecuacin del capital capitalizacin adecuada

capital adequacy ratio CAR

coeficiente mnimo de capital ndice de adecuacin de capital [Honduras] IAC coeficiente de suficiencia de capital [GISF] cociente de solvencia patrimonial razn de solvencia patrimonial coeficiente de capitalizacin coeficiente de capital

capital adequacy standards [BIS]

normas relativas a la suficiencia de capital social

capital and financial account [BPM5]

cuenta de capital y financiera [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page150

English capital and reserves [FSIG]

Spanish capital y reservas [GISF]

capital asset fixed asset fixed capital non-current asset long-term asset long-lived asset plant and equipment

activo de capital activo fijo capital fijo propiedad instalacin y equipo

capital assets pricing model CAPM

modelo de determinacin del precio de los activos de capital

capital base

base de capital capital base

capital budget [IMF]

presupuesto de capital

capital buffer

colchn de capital reserva de capital

capital consumption

consumo de capital

capital contributions [BPM5]

aportaciones de capital

capital controls

controles de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page151

English capital cost cost of capital

Spanish costo de instalacin costo del capital costo de la inversin

capital crunch

compresin, restriccin del capital escasez de capital

capital cushion

colchn de capital

capital deepening

aumento de la razn capital/trabajo intensificacin del uso de capital intensificacin del capital

Capital Development Fund [UN]

Fondo para el Desarrollo de la Capitalizacin

capital equipment

equipo de capital

capital expenditure CAPEX capital outlay

gasto de capital desembolso de capital

capital finance account [SNA93]

cuenta de financiacin del capital [SCN93]

capital flight [SNA93] flight of funds

fuga de capitales [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page152

English capital flow capital movements

Spanish flujo de capital corriente de capital circulacin del capital movimientos de capital

capital formation [SNA93]

formacin de capital [SCN93]

capital gain holding gains

ganancias por tenencia ganancia de capital plusvala ganancia de capital por tenencia

capital gains tax

impuesto sobre las ganancias de capital

capital gains/losses in disposal and scrapping of assets [SNA93]

ganancias/prdidas de capital por la enajenacin y desechos de activos [SCN93]

capital gearing ratio gearing ratio leverage [corporate finance, USA] gearing [GBR] financial gearing

poder multiplicador capacidad de palanqueo razn deuda/capital relacin prstamos desembolsados y pendientes-capital y reservas [BIRF] nivel de endeudamiento en relacin con el capital propio razn prstamos obtenidos/capital coeficiente de apalancamiento apalancamiento [Gua de la deuda, 1993; GISF]

capital good producer good

bien de capital bien de equipo bien de produccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page153

English capital grant

Spanish donacin de capital

capital improvements [GFSM 2001] major improvements [GFSM 2001]

mejoras de capital mejoras mayores [MEFP 2001] mejoras importantes

capital income

renta del capital

capital injection injection of capital infusion of capital

inyeccin de capital

capital intensiveness capital intensity

intensidad de uso del capital

capital investment

inversin de capital

capital loss

prdida de capital

capital market

mercado de capital [SCN93] mercado de capitales

Capital Market Development and Financial Infrastructure Division [MCM/CD]

Divisin de Desarrollo de Mercados de Capital e Infraestructura Financiera

Capital Markets and Financial Studies Division

Divisin de Mercados de Capital y Estudios Financieros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page154

English Capital Markets Consultative Group [IMF] CMCG

Spanish Grupo Consultivo sobre los Mercados de Capital GCMC

Capital Markets Debt Issues Division

Divisin de Cuestiones relacionadas con la Deuda en los Mercados de Capital

Capital Markets Financing Division

Divisin de Financiamiento de los Mercados de Capital

capital products distributed as capital transfers in kind [SNA93]

productos de capital distribuidos como transferencias de capital en especie [SCN93]

capital products [SNA93]

bienes de capital [SCN93]

capital project capital investment project

proyecto de inversin

capital repairs [SNA93]

reparaciones de capital [SCN93]

capital revenue [GFSY]

ingresos de capital

capital stock

capital acervo de capital stock de capital masa de capital capital nacional

capital structure

estructura del capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page155

English capital subscriptions to international organizations [BPM5]

Spanish suscripciones de capital a organizaciones internacionales

capital subscriptions to nonmonetary international institutions [BPM5]

suscripciones de capital a organismos internacionles no monetarios

capital surcharge

recargo de capital

capital tax

impuesto sobre el capital

capital to assets [FSIG]

capital/activos [GISF]

capital transaction

transaccin de capital

capital transfer

transferencia de capital

capital transfers from nongovernmental sources [GFSY]

transferencias de capital de fuentes no gubernamentales

capital transfers in kind [SNA93]

transferencias de capital en especie [SCN93]

capital transfers payable capital transfer, payable

transferencias de capital, pagadas [SCN93] transferencias de capital por pagar transferencias de capital pagadas

capital transfers receivable capital transfers, receivable

transferencias de capital, recibidas transferencias de capital por cobrar transferencias de capital recibidas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page156

English capital value

Spanish valor capitalizado valor de capital valor en capital

capital widening widening of capital

ampliacin del capital ampliacin de la capacidad productiva del capital

capital, excluding reserve assets capital, excluding reserves

capital, salvo activos de reserva

capital-asset ratio [banking] capital ratio

nivel de capitalizacin coeficiente de capital razn capital/activo

capital-debt ratio equity-debt ratio

razn capital/deuda

capital-exporting country

pas exportador de capital

capital-importing country

pas importador de capital

capital-intensive

con uso intensivo de capital que requiere mucho capital capital intensivo

capitalization (of interest) [Paris Club]

capitalizacin de los intereses

capitalization bond [debt restructuring]

bono de capitalizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page157

English capitalized mineral exploration cost [SNA93]

Spanish costos capitalizados de exploracin o prospeccin mineral [SCN93]

capitalized value

valor capitalizado

capital-labor ratio

razn capital/trabajo relacin capital/trabajo

capital-loan ratio [banking]

razn capital propio/prstamos

capital-output ratio

razn capital/producto relacin capital/producto

capping

limitacin

caption

opcin sobre un contrato de garanta de tasa mxima caption

captive company

empresa con coeficiente forzoso de inversin

captive institution

institucin con coeficiente forzoso de inversin

captive insurer [BPM6]

asegurador cautivo [MBP6]

carbon capture and storage CCS carbon capture

captacin y almacenamiento de carbono captura y almacenamiento de carbono

carbon credits

crditos de carbono

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page158

English carbon emissions trading scheme carbon trading scheme cap and trade scheme

Spanish mecanismo de comercializacin de las emisiones de carbono

carbon finance

finanzas de carbono

carbon market

mercado de carbono

carbon pricing scheme

sistema de determinacin de precios del carbono sistema de fijacin de precios del carbono

Career Development Section [HRD/SD/CD]

Seccin de Desarrollo Profesional

career stream career pattern

perfil de carrera escalafn

caretaker government

gobierno de transicin

cargo handling [BPM5]

operaciones de carga y descarga [MBP5]

Caribbean Association of Industry and Commerce CAIC

Asociacin de la Industria y del Comercio del Caribe

Caribbean Basin Initiative [USA] CBI

Iniciativa sobre la Cuenca del Caribe

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page159

English Caribbean Community CARICOM Caribbean Common Market

Spanish Comunidad del Caribe CARICOM Mercado Comn del Caribe

Caribbean Development and Cooperation Committee [ECLA] CDCC

Comit de Desarrollo y Cooperacin del Caribe CDCC

Caribbean Development Bank CARIBANK CDB

Banco de Desarrollo del Caribe CARIBANK

Caribbean Financial Action Task Force [money laundering] CFATF

Grupo de Accin Financiera del Caribe GAFIC

Caribbean Free Trade Area

Zona de Libre Comercio del Caribe

Caribbean Free Trade Association CARIFTA

Asociacin de Libre Comercio del Caribe CARIFTA

Caribbean Group for Cooperation in Economic Development CGCED

Grupo del Caribe para la Cooperacin en materia de Desarrollo Econmico

Caribbean I, II Division [WHD/C1, C2]

Divisin del Caribe I, II

Caribbean Regional Technical Assistance Center [IMF-CARICOM-UNDP] CARTAC

Centro Regional de Asistencia Tcnica del Caribe CARTAC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page160

English carousel fraud missing trader fraud

Spanish fraude carrusel fraude en cadera

carriage of passengers [BPM5]

transporte de pasajeros

carrier

medio de transporte

carriers with crew [BPM5]

medios de transporte tripulados [MBP5]

carry over [budget]

trasladar al ejercicio siguiente traspasar al ejercicio siguiente

carry trade

arbitraje de tasas de inters entre divisas carry trade

carryforward carryover loss carryforward loss carryover tax loss carryforward tax loss carryover

imputacin al ejercicio siguiente traslado al ejercicio siguiente

carrying cost (of inventories)

costo de mantener existencias

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page161

English carrying value carrying amount written-down value book value

Spanish valor contable [MBP6] valor en libros valor contabilizado en libros [MBP5] valor actual en libros [MEMF]

Cartagena Agreement Andean Subregional Integration Agreement

Acuerdo de Cartagena Acuerdo de Integracin Subregional Andina

Cartagena Group Group of Eleven [informally]

Grupo de Cartagena

cartel

crtel

cartelization

cartelizacin

cascade tax multistage cumulative tax

impuesto en cascada

cascading [taxation]

efecto de cascada efecto cascada

case study

estudio de casos estudio de casos prcticos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page162

English cash

Spanish al contado disponibilidades caja [ARG] dinero [SCN93] efectivo contado metlico

cash account [IMF, SDA]

cuenta de caja

cash assets

activo realizable activo lquido disponibilidades

cash balance

saldo de caja saldo en efectivo

cash basis accounting cash accounting

contabilidad base caja [GMBS] registro base caja [SCN 93] contabilidad en valores de caja [SCN 93]

cash basis of recording [BPM6]

base de registro en valores de caja [MBP6]

cash basis reporting [GFS 1986]

declaracin en valores de caja informacin basada en transacciones de caja (efectivas) registro en base de caja

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page163

English cash basis [BPM5; GFSM; SNA93; FSIG]

Spanish base caja [MEFP; GISF] al contado [SCN93] base caja [MEFP; GISF] valores de caja

cash basis, on a cash based

base caja, en en base caja

cash bond

bono de caja

cash buyback [debt]

recompra de la deuda en efectivo

cash courier

remesero

cash crop

cultivo comercial cultivo de exportacin [a veces]

cash deficit [GFSM 2001]

dficit de tesorera dficit de efectivo dficit de caja

cash economy cash-based economy

economa basada en el uso de numerario

cash equivalent [GFSM]

equivalente de efectivo equivalente del efectivo [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page164

English cash expenditures

Spanish erogaciones en base efectivo erogaciones en base caja (efectivo)

cash flow

flujo de caja [GISF; SCN93] flujo de efectivo flujo de fondos movimiento de caja

cash flow budget cash budget cash plan

presupuesto de caja presupuesto de flujo de fondos presupuesto de tesorera

cash flow relief cash relief

mejoramiento de la situacin de liquidez alivio en materia de liquidez

cash flow statement

estado de flujo de efectivo

cash flows from financing activities [GFSM]

flujos de efectivo por actividades de financiamiento [MEFP]

cash flows from investments in nonfinancial assets [GFSM]

flujos de efectivo por inversiones en activos no financieros [MEFP]

cash flows from operating activities [GFSM]

flujos de efectivo por actividades operativas [MEFP]

cash in bank cash held by banks

efectivo en bancos fondos disponibles en bancos efectivo en poder de bancos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page165

English cash in hand cash on hand [GFSM]

Spanish efectivo disponible [MEFP] efectivo en caja

cash in rights [IMF rights approach]

canjear los derechos hacer efectivos los derechos

cash inflows [GFSM]

entradas de efectivo [MEFP]

cash items

activos lquidos

cash limit [budget]

lmite de caja

cash loan disbursement

desembolso de prstamo en efectivo

cash loan financial loan

prstamo financiero prstamo de dinero prstamo en efectivo

cash management

administracin de fondos gestin de caja gestin de tesorera

cash margin

margen de caja margen de tesorera

cash market physical market spot market

mercado al contado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page166

English cash operating surpluses of departmental entreprise sales to the public with a surplus [GFSY]

Spanish supervit de operacin en efectivo de las empresas adscritas por ventas al pblico que producen un supervit

cash outflows [GFSM]

salidas de efectivo [MEFP]

cash payment

pago al contado pago en efectivo

cash payments for operating activities [GFSM]

pagos en efectivo por actividades operativas [MEFP]

cash position

situacin de liquidez saldo en efectivo

cash rate overnight rate call rate call money rate interbank call rate overnight call money rate

tasa de inters de los prstamos da a da tasa de inters de los prstamos a la vista tasa de inters del dinero a la vista tasa interbancaria

cash ratio requirement minimum cash requirement

coeficiente de liquidez obligatoria coeficiente mnimo de reservas en efectivo encaje en efectivo

cash receipts from operating activities [GFSM]

entradas de efectivo por actividades operativas [MEFP]

cash requirements [BPM5]

necesidades de activos lquidos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page167

English cash revenues [GFSM]

Spanish ingresos en base caja (efectivo)* [MEFP]

cash settlement

pago al contado

cash surplus [GFSM 2001]

supervit de tesorera supervit de efectivo supervit de caja

cash transaction

transaccin al contado transacciones en base caja (efectivo)*

cash transfer program

programa de transferencias monetarias

cash voucher [GFS 1986]

comprobante de caja

cashed check

cheque canjeado cheque cobrado

Cashier

Cajero

Cashier, Deputy

Subcajero

cashier's check official check treasurer's check bank check

cheque de caja [COL] cheque bancario cheque de gerencia

Cashier's [FIN/AX/AP/CA]

Caja

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page168

English casualty insurance

Spanish seguro de riesgo

casualty insurance campanies [SNA93]

compaas de seguros de riesgos [SCN93]

casualty insurance claims [SNA93]

Indemnizaciones del seguro de riesgos [SCN93]

casualty insurance service charge [SNA93]

Cargo por servicio de seguros de riesgo [SCN93]

casualty or accident insurance [BPM5]

seguro de riesgos o contra accidentes [MBP5]

cat

gato

catallactical approach

enfoque catalctico

Cataloging Section [ADM/JL/XC]

Seccin de Catalogacin

catalyst

agente catalizador

catalytic effect

efecto catalizador

catastrophe bonds CAT bonds

bono CAT

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page169

English catastrophe [BPM5; SNA93]

Spanish catstrofe [MBP5] Catstrofe [SCN93] siniestro [MBP5]

catastrophic loss

prdida por catstrofes prdida catastrfica

catastrophic losses due to natural disasters [GFSM 2001]

prdidas catastrficas por desastres naturales

catching-up

alcance recuperacin (del terreno perdido)

catch-up demand

demanda que recupera su nivel normal

catch-up effect

efecto de convergencia efecto de equiparacin

categorical grant [public finance] special purpose grant

subvencin especfica subvencin para fines especiales subvencin afectada a un fin determinado

catering services [BPM5]

servicios de alimentacin [MBP5]

Catholic Agency for Overseas Development CAFOD

Agencia Catlica para el Desarrollo CAFOD

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page170

English causal chain [models]

Spanish cadena causal

causal relationship

dependencia causal relacin causal

causality

causalidad

CD-ROM

disco ptico compacto CD-ROM

cease and desist order

intimacin a cesar en determinada actividad o prctica

ceding companies [BPM5]

compaas cedentes [MBP5]

ceiling

tope lmite mximo

ceiling price

precio tope precio mximo

ceiling rate agreement

acuerdo que establece un tope a las tasas (de inters)

cell boundary

lmite de casilla

cell length

amplitud de casilla

cell medium point

punto medio de casilla

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page171

English cell-relative imputation linking

Spanish encadenamiento enlace

census approach [BPM5]

censo

Center for Latin American Monetary Studies CEMLA

Centro de Estudios Monetarios Latinoamericanos CEMLA

center of economic interest [BPM5; GFSM]

centro de inters econmico [MBP5; MEFP]

centered moving average

media mvil centrada

Central Africa Regional Technical Assistance Center [IMF] Central AFRITAC

Centro Regional de Asistencia Tcnica de frica Central AFRITAC Central

Central African Customs and Economic Union CACEU

Unin Aduanera y Econmica de frica Central UDEAC

Central African Division

Divisin de Africa Central

Central African Economic and Monetary Community CAEMC Economic and Monetary Community of Central Africa

Comunidad Econmica y Monetaria de frica Central CEMAC

Central African Monetary Area [BEAC] CAMA

Zona Monetaria de frica Central

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page172

English Central African Monetary Union CAMU

Spanish Unin Monetaria de frica Central UMAC

Central African States Development Bank CASDB

Banco de Desarrollo de los Estados del frica Central [ttulo no oficial] BDEAC

Central America Emergency Trust Fund [IDA] CAETF

Fondo Fiduciario de Emergencia para Amrica Central

Central American Bank for Economic Integration CABEI

Banco Centroamericano de Integracin Econmica BCIE

Central American Clearing House CACH

Cmara de Compensacin Centroamericana

Central American Common Market CACM

MERCOMUN Mercado Comn Centroamericano MCCA

Central American Division [WHD/CA]

Divisin de Amrica Central

Central American Economic and Social Community CESCA

Comunidad Econmica y Social Centroamericana CESCA

Central American Economic Council [SIECA] CEC

Consejo Econmico Centroamericano CEC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page173

English Central American Free Trade Agreement CAFTA Dominican Republic - Central America - United States Free Trade Agreement CAFTA-DR

Spanish Tratado de Libre Comercio de Centroamrica-Estados Unidos CAFTA Tratado de Libre Comercio entre Repblica Dominicana, Centroamrica y los Estados Unidos CAFTA-RD

Central American Fund for Economic Integration CAFEI

Fondo Centroamericano de Integracin Econmica FCAIE

Central American Fund for Social Development CAFSD

Fondo Centroamericano de Desarrollo Social FCADS

Central American I, II Division

Divisin de Amrica Central I, II

Central American Institute for Public Administration CAIPA

Instituto Centroamericano de Administracin Pblica ICAP

Central American Monetary Council CAMC

Consejo Monetario Centroamericano CMCA

Central American Monetary Stabilization Fund CAMSF

Fondo Centroamericano de Estabilizacin Monetaria FOCEM

Central American Monetary Union

Unin Monetaria Centroamericana

Central American peso [CACM]

peso centroamericano

Central and Eastern European Countries CEEC

pases de Europa central y oriental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page174

English Central Asia Department CTA

Spanish Departamento de Asia Central

Central Asia Regional Economic Cooperation Program [ADB] CAREC

Programa de Cooperacin Econmica Regional de Asia Central

central bank credit facility [securities settlement systems]

facilidades de crdito del banco central

central bank currency swaps [BOP]

acuerdos de canje de monedas de bancos centrales

Central Bank Gold Agreement CBGA Washington Agreement on Gold

Acuerdo sobre el Oro de los Bancos Centrales

Central Bank of the Russian Federation [Russian Federation] Bank of Russia CB RF

Banco Central de la Federacin de Rusia Banco de Rusia

Central Bank of West African States BCEAO

Banco Central de los Estados del frica Occidental BCEAO

Central Bank Operations Division [MCM/CO]

Divisin de Operaciones de los Bancos Centrales

central bank survey [MFSM 2000] CBS

panorama del banco central

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page175

English central bank central banker

Spanish banco central

central bank: other assets [IFS]

banco central: otros activos

central bank: other liabilities [IFS]

banco central: otros pasivos

central banking

banca central actividad de los bancos centrales operaciones de los bancos centrales

Central Banking and Market Infrastructure Wing CBMI

rea de Banca Central e Infraestructura del Mercado

Central Banking Department CBD

Departamento de Banca Central

Central Banking Division [MCM/CB]

Divisin de Banca Central

Central Banking Operations Division

Divisin de Operaciones de Banca Central

central counterparty CCP

contraparte central entidad de contraparte central

Central Division

Divisin Central

Central Division, I, II, III [EUR/C1, C2, C3]

Divisin de Europa Central I, II, III

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page176

English Central European Countries [IMF] CEC countries of Central Europe

Spanish Pases de Europa central

Central European Division I, II, III [EU1/C1, C2, C3]

Divisin de Europa Central I, II, III

Central European Free Trade Agreement CEFTA

Acuerdo de Libre Comercio de Europa Central ALCEC

central files

archivo central

Central Files Unit [TGS/ID/AR/CF]

Unidad de Archivo Central

central government

gobierno central administracin central

central government deposits [GMBS]

depsitos del gobierno central

central government public sector [GFSM]

sector pblico del gobierno central [MEFP]

central government social security funds

fondos de seguridad social del gobierno central

central government subsector [GFSM]

subsector gobierno central [MEFP]

central limit problem

problema central del lmite

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page177

English central limit theorem

Spanish teorema central del lmite

central ministry [budget]

ministerio central

central moment around the mean

momento central en torno a la media

central planning

planificacin centralizada planificacin central

central processing unit [computers] CPU

unidad central de proceso

Central Product Classification [UN-EC, statistics] CPC

CCP Clasificacin Central de Productos CPC

central rate [IMF]

tipo de cambio central

central securities depository [securities settlement systems]

central depositaria de valores CDV

centrally planned economy [SNA93] CPE

economa de planificacin centralizada economa de planificacin central economa planificada economa centralmente planificada [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page178

English Centre for Economic and Social Information [UN] CESI

Spanish Centro de Informacin Econmica y Social

Centre for Economic and Social Studies of the Third World CESSTW

Centro de Estudios Econmicos y Sociales del Tercer Mundo

Centre for European Policy Studies [EU]

Centro de estudios de poltica europea [EU]

Centre for Industrial Development [EEC] CID

Centro de Fomento Industrial CFI

certificate of indebtedness CI

certificado de deuda

certificate of participation

certificado de participacin

certificate [securities settlement systems]

certificado

certificates of deposit rate (end of period) [IFS]

tasa de los certificados de depsito (fin de perodo)

certified check marked check certified bank check [GMBS]

cheque certificado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page179

English certified public accountant [EU] CPA

Spanish censor jurado de cuentas contador pblico juramentado [Latin America] revisor de cuentas

ceteris paribus all other things being equal other things equal other things being equal

ceteris paribus siempre que las dems condiciones no varen en igualdad de circunstancias

CFA franc country

pas de la zona del franco CFA

CFA Franc Zone franc zone franc area

zona del franco CFA zona del franco

CFA franc [BCEAO] CFAF

franco CFA [BCEAO] FCFA

CFF: export shortfalls [IFS]

servicio de financiamiento compensatorio: insuficiencia de la exportacin

CFP zone

zona de la CFP

chain index

ndice en cadena ndice encadenado

chain ownership [BPM5]

propiedad en cadena [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page180

English chaining [securities settlement systems] chain linking

Spanish encadenamiento

chair [IMF Governance]

presidente silla presidencia

Chairman of the Executive Board [IMF]

Presidente del Directorio Ejecutivo

Chairman [Paris Club] Chairman of the Paris Club

Presidente Presidente del Club de Paris

Chairman's Statement [IMF]

declaracin del Presidente del Directorio Ejecutivo

Chairman's summing up at the conclusion of the discussion on ... [IMF, Executive Board]

exposicin sumaria del Presidente (del Directorio Ejecutivo) al trmino de las deliberaciones sobre ...

Chairman's summing-up [IMF, Executive Board]

exposicin sumaria del Presidente del Directorio Ejecutivo [IMF]

chance mechanism

mecanismo probabilstico

Chancellor of the Exchequer [GBR]

Ministro de Hacienda

change in floating debt [GFSY]

variacin de la deuda flotante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page181

English change in holdings [BPM5]

Spanish variacin de las tenencias [MBP5]

change in net financial worth due to other economic flows [GFSM]

variacin en el patrimonio financiero neto como resultado de otros flujos econmicos [MEFP]

change in net worth due to other economic flows change in net worth resulting from other economic flows

variacin en el patrimonio neto como resultado de otros flujos econmicos* variacin en el patrimonio neto como resultado de otros flujos econmicos

change in net worth due to transactions

variacin en el patrimonio neto como resultado de transacciones*

change in par value

modificacin de la paridad

change in quantity demanded

variacin de la cantidad demandada

change in quantity supplied

variacin de la cantidad ofrecida

Change Management Initiative [IBRD-Strategic Compact]

iniciativa sobre la gestin del cambio

change of ownership

transferencia de la propiedad traspaso de propiedad cambio de propiedad

change-of-base test

prueba de cambio de base

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page182

English changes in (life) actuarial reserves and reserves for with-profits insurance less holding gains/losses allocated to (life) insurance policy holders [SNA93]

Spanish variaciones en las reservas actuariales (vida) y las reservas para seguros con beneficios menos ganancias/prdidas de capital por tenencia asignadas a los poseedores de plizas de seguros (vida) [SCN93]

changes in actual prices [SNA93]

variaciones en los precios efectivos [SCN93]

changes in actuarial reserves and reserves for with-profit insurance [SNA93]

Variaciones en las reservas tcnicas de seguros y las reservas para beneficios adicionales [SCN93]

changes in assets

variaciones en los activos

changes in classification of assets and liabilities [BPM6; SNA93]

cambios en la clasificacin de activos y pasivos [SCN93] variaciones en la clasificacin de activos y pasivos [MBP6]

changes in classification of assets or liabilities other than monetization / dismonetization of gold [SNA93]

cambios en la clasificacin de activos y pasivos distintos a la monetizacin / desmonetizacin del oro [SCN93]

changes in classifications and structure [SNA93, BPM5]

cambios en las clasificaciones y estructura [SCN93] cambios de clasificaciones y estructura

changes in inventories of finished goods and work-in-progress intended for one of the above uses [SNA93] changes in inventories of finished goods and work-in-progress [SNA93]

variaciones de existencias de bienes terminados y trabajos en curso destinados para uno de los usos anteriormente sealados [SCN93] variaciones de existencias de bienes terminados y trabajos en curso [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page183

English changes in inventories of goods for resale [SNA93]

Spanish variaciones de existencias de bienes para reventa [SCN93]

changes in inventories of materials and supplies [SNA93]

variaciones de existencias de materiales y suministros [SCN93]

changes in inventories changes in stocks

cambios de existencias variacin de inventarios variaciones de existencias variacin de existencias

changes in liabilities and net worth [SNA93]

variaciones de los pasivos y del valor neto [SCN93]

changes in national wealth [SNA93]

variaciones de la riqueza nacional [SCN93]

changes in net worth adjusted for bad debts, etc. [SNA93]

variaciones del valor neto ajustado por deudas incobrables, etc. [SCN93]

changes in net worth due to changes in actual prices [SNA93]

variaciones del valor neto debidas a variaciones en los precios efectivos [SCN93]

changes in net worth due to changes in relative prices [SNA93]

variaciones del valor neto debidas a variaciones en los precios relativos [SCN93]

changes in net worth due to current external balance and net capital transfers [SNA93]

variaciones del valor neto debidas a la balanza externa corriente y a transferencias netas de capital [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page184

English changes in net worth due to neutral holding gains/losses [SNA93]

Spanish variaciones del valor neto debidas a ganancias/prdidas neutrales de capital por tenencia [SCN93]

changes in net worth due to neutral revaluation [SNA93]

variaciones del valor neto debidas a la revaloracin neutrales de capital por tenencia [SCN93]

changes in net worth due to nominal holding gains/losses [SNA93]

variaciones del valor neto debidas a ganancias/prdidas ominales de capital por tenencia [SCN93]

changes in net worth due to other changes in volume of assets [SNA93]

variaciones del valor neto debidas a otras variaciones del volumen de activos [SCN93]

changes in net worth due to real holding gains/losses [SNA93]

variaciones del valor neto debidas a ganancias/prdidas reales de capital por tenencia [SCN93]

changes in net worth due to saving and capital transfers

variaciones del valor neto debidas al ahorro y a las ransferencias de capital

changes in net worth [SNA93]

variaciones del valor neto [SCN93]

changes in net worth, total [SNA93]

variaciones del valor neto total [SCN93]

changes in provisions for bad debts, etc. [SNA93]

variaciones de las provisiones para deudas incobrables, etc [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page185

English changes in real net worth [SNA93]

Spanish variaciones del valor neto efectivo [SCN93]

changes in relative prices [SNA93]

variaciones de los precios relativos [SCN93]

changes in residence of individuals/households [BPM6]

cambios en la residencia de personas fsicas y hogares [MBP6]

changes in sector classification and structure [BPM6; SNA93]

cambios en la clasificacin sectorial y estructura [SCN93] cambios de clasificacin y estructura de los sectores [MBP6]

changes over time [CPI]

evolucin temporal; cambios en el tiempo

characteristic function

funcin caracterstica

charge [in general]

cargo comisin cargos

chargeback

facturacin al solicitante del servicio cargo al usuario

charges and costs of various kinds [BPM5]

distintos gastos y costos [MBP5]

charges receivable [IMF]

cargos por cobrar, por recibir

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page186

English charitable institution [BPM5]

Spanish institucin filantrpica [MBP5]

Charities Registration Security Information Act [CAN] Charities Registration Act

Ley de registro de las entidades de beneficencia

chart of accounts

plan de cuentas plan contable [MEFP]

charter hire [BPM5]

tasa de fletamento [MBP5]

Charter of Economic Rights and Duties of States [UN]

Carta de Derechos y Deberes Econmicos de los Estados

charter of vessel without crews

fletamento de embarcaciones sin tripulacin

charter of vessels [BPM5]

fletamento de embarcaciones

charter [banking]

carta orgnica estatutos

chartered bank [IFS]

banco autorizado

chartering of carriers [BPM5]

fletamento de medios de transporte [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page187

English Chauffeur [IMF-TGS]

Spanish Chfer

Chauffeur, Senior

Chfer Principal

cheap money policy easy money policy

poltica de dinero barato poltica de dinero abundante poltica de expansin monetaria

check clearing

compensacin de cheques

check truncation

truncamiento truncacin

check [SNA93]

cheque [SCN93]

checkable deposit

depsito disponible mediante cheque

checkable savings account [IFS]

cuenta de ahorro utilizable mediante cheques

checking accounts [SNA93]

cuentas corrientes [SCN93]

checks and balances system

sistema de frenos y contrapesos sistema de equilibrio de poderes

Chiang Mai Initiative Multilateralization CMI Multilateralization Post-CMI

Multilateralizacin de la Iniciativa de Chiang Mai

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page188

English Chiang Mai initiative CMI

Spanish Iniciativa de Chiang Mai

Chief Editor and Division Chief [IMF-EXR]

Director de Publicaciones y Jefe de Divisin

Chief Information Officer [IMF-TGS] CIO

Director de Informtica

Chief of Payroll

Jefe de Nmina

Chief of Staff [IBRD]

Jefa de Gabinete

child allowance [IMF-HRD]

asignacin por hijos a cargo

child-bearing age

edad de procreacin

Chinese Section [TGS]

Seccin de Chino

Chinese, English, and Portuguese Division

Divisin de Chino, Ingls y Portugus

chi-square [statistics]

ji-cuadrado chi-cuadrado

chlorofluorocarbons CFCs

clorofluorocarbonos CFC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page189

English Church's preferential option for the poor and the outcast

Spanish opcin preferencial de la Iglesia por los pobres y los marginados

CIF/FOB adjustment on imports

ajustes CIF/FOB sobre las importaciones

circuit breaker [securities market]

mecanismo de interrupcin de las operaciones mecanismo que limita los cambios diarios

circular autocorrelation coefficient

coeficiente de autocorrelacin circular

circular flow

corriente circular flujo circular

circulating capital [SNA93]

capital circulante [SCN93]

circus equipment [BPM5]

equipo de circo [MBP5]

city group

grupos de estudio grupo informal de expertos

Civic & Community Relations Office [IMF]

Oficina de Relaciones Cvicas y Comunitarias

Civic & Community Relations Program [IMF]

Programa de Relaciones Cvicas y Comunitarias

Civil Aviation Council of Arab States [ICAO] CACAS

Consejo de Aviacin Civil de los Estados Arabes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page190

English civil defense [GFSM]

Spanish defensa civil [MEFP]

civil servant [Balance of Payments Manual - 5th edition (BPM5)]

funcionario pblico funcionario y empleado pblico

civil service

administracin pblica funcin pblica cuerpo de funcionarios pblicos

civil service retrenchment

reduccin del nmero de funcionarios pblicos

Civil Society Newsletter [IMF]

Boletn para la sociedad civil

civil society organization CSO

organizacin de la sociedad civil entidad civil OSC

Civil Society Policy Forum CSPF Civil Society Forum

Foro de la Sociedad Civil Foro de la Sociedad Civil sobre Polticas

civil society civic society

sociedad civil sociedad cvica

civilian noninstitutional population [USA]

poblacin civil no institucionalizada

claim on (deposit-taker) [FSIG]

crdito frente (a institucin de depsito) [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page191

English claim paid [insurance]

Spanish indemnizacin pagada

claim [finance]

derecho derecho sobre un activo activo frente a, sobre, contra crdito frente a, sobre, contra acreencia crdito

claims due [SNA93]

Indemnizaciones debidas [SCN93]

claims on affiliated enterprises [BPM5]

activos frente a empresas filiales [MBP5]

claims on and liabilities to [BPM5]

activos y pasivos frente a [MBP5]

claims on business and individuals [IFS]

crdito a empresas y particulares

claims on businesses [IFS]

crdito a empresas

claims on central government [GMBS]

activos frente al gobierno central crdito al gobierno central crdito frente al gobierno central

claims on commercial banks [IFS]

crdito a bancos comerciales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page192

English claims on consolidated central government [IFS]

Spanish crdito al gobierno central consolidado

claims on deposit money banks [GMBS; IFS]

crdito a los bancos creadores de dinero

claims on development banks [IFS]

crdito a bancos de fomento

claims on direct investors [BPM5]

activos frente a inversionistas directos [MBP5]

claims on general government [GFS 1986]

activos frente al gobierno general crdito al gobierno general crdito frente al gobierno general

claims on government (net) [IFS]

crdito al gobierno (neto)

claims on government enterprises [IFS]

crdito a empresas pblicas

claims on government [IFS]

crdito al gobierno

claims on nonbanks [IFS]

claims on nonbank financial institutions crdito a instituciones financieras no bancarias crdito a instituciones no bancarias

claims on nonfinancial public enterprises [GMBS; IFS]

crdito a empresas pblicas no financieras

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page193

English claims on non-life insurance [BPM5]

Spanish indemnizaciones de seguros excepto los de vida indemnizacin de seguros excepto los de vida [MBP5]

claims on nonresidents [BPM5]

activos frente a no residentes

claims on official entities [GMBS; IFS]

crdito a entidades oficiales

claims on other financial institutions [GMBS; IFS]

crdito a otras instituciones financieras

claims on other parties

indemnizaciones de terceros crditos contra terceros

claims on private sector and local governments [IFS]

crdito al sector privado y a gobiernos locales

claims on private sector [GMBS; IFS]

crdito al sector privado

claims on resources

recursos reclamados por, tomados por, utilizados por

claims on rest of general government [IFS]

crdito al resto del gobierno general

claims on scheduled banks [IFS]

crdito a bancos comerciales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page194

English claims on state and local governments [GMBS; IFS]

Spanish crdito a gobiernos estatales y locales

claims paid

indemnizaciones pagadas [SCN93]

claims payable on goods lost [BPM5]

indemnizaciones por pagar en relacin con bienes perdidos

class

clase

class action

accin popular demanda colectiva

class boundaries class limits

lmites de clase

class frequency

frecuencia de clase

class interval

intervalo de clase

class mark

marca de clase

classification

clasificacin

classification adjustment [BPM5]

ajustes de clasificacin

Classification by Broad Economic Categories [UN]

Clasificacin por Grandes Categorias Econmicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page195

English classification by broad economic categories: defined in terms of SITC

Spanish clasificacin por grandes categoras econmicas, definidas con referencia a la CUCI

classification by partner country or [BPM5]

clasificacin por pases copartcipes

classification changes [BPM5]

modificaciones de clasificacin [MBP5]

classification codes [GFSM]

cdigos de clasificacin [MEFP]

classification mark [IMF information security]

indicativo de clasificacin

classification of assets [SNA93]

clasificacin de los activos [SCN93]

classification of bop and iip statements [BPM5]

clasificacin de datos de balanza de pagos y posicin de inversin internacional

classification of countries

clasificacin de pases

classification of financial investments [SNA93]

Clasificacin de inversiones financieras [SCN93]

classification of flows and stocks in assets and liabilities [GFSM]

clasificacin de flujos y saldos de activos y pasivos [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page196

English classification of holding gains in assets and liabilities [GFSM]

Spanish clasificacin de ganancias y prdidas por tenencia de activos y pasivos [MEFP]

Classification of Individual Consumption according to Purpose COICOP Classification of Individual Consumption by Purpose

clasificacin del consumo individual por finalidades CCIF clasificacin del consumo individual por finalidad COICOP

classification of institutional sectors [SNA93]

clasificacin de los sectores institucionales [SCN93]

classification of other changes in the volume of assets and liabilities [GFSM]

clasificacin de otras variaciones en el volumen de activos y pasivos [MEFP]

classification of outlays by functions of government [GFSM]

clasificacin de las erogaciones por funciones del gobierno [MEFP]

classification of outlays of producers by purpose [GFSM; SNA93]

clasificacin de los gastos de los productores por finalidades [SCN93]

classification of revenue [GFSM]

clasificacin del ingreso [MEFP]

Classification of the Branches of National Economy of the CMEA Member Countries [UN] CBNE

Clasificacin de las Ramas de la Economa Nacional de los Pases Miembros del CAME CBNE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page197

English Classification of the Functions of Government [UN] COFOG

Spanish CFG Clasificacin de las funciones de las administraciones pblicas CFAP Clasificacin de las funciones del Gobierno [SCN93]

Classification of the Outlays of Producers According to Purpose [UN; GFSM] COPP

Clasificacin de los gastos de los productores por finalidades [MEFP] CGPF

Classification of the Purposes of Non-Profit Institutions Serving Households [UN] COPNI

clasificacin de las finalidades de las instituciones sin fines de lucro que sirven a los hogares CFISFL

classification of the stocks of assets and liabilities [GFSM]

clasificacin de los saldos de activos y pasivos [MEFP]

classification of transactions and other flows [SNA93]

clasificacin de las transacciones y otros flujos [SCN93]

classification of transactions in assets and liabilities [GFSM]

clasificacin de transacciones en activos y pasivos [MEFP]

classification of transactions in financial assets and liabilities by sector [GFSM]

clasificacin de transacciones en activos y pasivos financieros por sector [MEFP]

classification of transactions [BPM5]

clasificacin de transacciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page198

English classification scheme [BPM5]

Spanish plan de clasificacin [MBP5]

Classifications of Expenditure According to Purpose [GFSM]

clasificaciones de gastos por finalidades [MEFP]

classified loan classified asset classified credit adversely classified asset scheduled item

prstamo problemtico prstamo de calidad inferior

classified [IMF Information Security]

informacin restringida

class-mean imputation

asignacin de valores medios de categoras asignacin de valores medios de clases

clawback

devolucin de utilidades retraccin de la cotizacin burstil

clean development mechanism CDM

mecanismo para un desarrollo limpio MDL

clean price [securities] flat price

precio limpio [MBP6]

clean water

agua limpia, no contaminada

clear arrears

liquidar los atrasos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page199

English clear the market

Spanish equilibrar el mercado igualar la oferta y la demanda en el mercado

clear, to [customs]

retirar de aduana pasar aduana

clearance of merchandises on credit

despacho de mercancas importadass a crdito

clearance store remainder store

tienda de saldos

clearance [securities settlement systems]

compensacin

cleared check

cheque compensado

clearing account [IFS]

cuenta de compensacin

clearing arrangement

acuerdo de compensacin

clearing bank

banco comercial banco compensador banco de compensacin banco afiliado a una cmara de compensacin

clearing system [securities settlement systems]

sistema de compensacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page200

English clearinghouse clearing house [SNA93]

Spanish cmara compensadora [SCN93] cmara de compensacin [SCN93]

clerical assistant

auxiliar de oficina

client due diligence [money laundering] customer due diligence know your customer know your client KYC

procedimiento de debida diligencia con la clientela principio de conocimiento del cliente DDC

Client Information Services Section

Seccin de Servicios de Informacin al Usuario

Client Services Division [TGS/IC]

Divisin de Servicios al Cliente

cliff effect

efecto acantilado efecto precipicio

Climate Investment Fund CIF

Fondo de Inversin en el clima FIC

clinics, and medical, dental, and paramedical practitioners [GFSY]

clnicas, mdicos, odontlogos y paramdicos

clockwise

rotacin a la derecha, en el sentido del reloj

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page201

English close substitute

Spanish buen sustituto sustituto casi perfecto sucedneo cercano

close the books

cerrar la contabilidad

closed account

cuenta cerrada

closed economy

economa cerrada

closed interest parity covered interest rate parity covered interest parity

paridad de tasas de inters con cobertura paridad de intereses cubierta

closed ITRS [BPM5] closed-type ITRS

sistema de notificacin de transacciones internacionales cerrado

closed-end grant

subvencin limitada subvencin de monto definido

closed-end investment trust investment trust [BPM5] closed-end investment company closed-end investment fund

fondo de inversiones cerrado sociedad de inversin cerrada sociedad de inversin

close-out netting

liquidacin de activos por impado de deudas equilibrio de las opciones de compra y venta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page202

English closing asset

Spanish activos al cierre del ejercicio activos de cierre [SCN93]

closing balance sheet [GFSM; SNA93]

balance de cierre [MEFP] hoja de balance de cierre [SCN93]

closing inventories [SNA93]

Existencias al cierre [SCN93]

closing liabilities

pasivos al cierre del ejercicio pasivos de cierre

cluster (of points)

nube (de puntos)

cluster sampling

muestreo por conglomerados

clustering

agrupamiento

coal and other solid mineral fuels [GFSM]

carbn y otros combustibles minerales slidos [MEFP]

coal, oil and natural gas reserves [SNA93]

reservas de carbn, petrleo y gas natural [SCN93]

Coalition Provisional Authority CPA

Autoridad Provisional de la Coalicin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page203

English coastal shipping [BPM5]

Spanish embarque de cabotaje [MBP5]

Cobb-Douglas function

funcin de Cobb-Douglas

cobweb theorem cobweb theory

teorema de la telaraa

Cocoa Consultative Group

Grupo Consultivo sobre el Cacao

Cocoa Producers Alliance CPA COPAL

Alianza de Productores de Cacao APC

Code of Conduct on Business Taxation [EU]

Cdigo de conducta sobre la fiscalidad de las empresas [Unin Europea]

code of conduct [IMF member]

cdigo de conducta Cdigo de conducta del personal del FMI

Code of Conduct [IMF staff] IMF Code of Staff Conduct

Cdigo de Conducta Cdigo de Conducta del FMI

code of good farming practice [EC]

cdigo de buenas prcticas agrarias

code of good practice

cdigo de buenas prcticas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page204

English Code of Good Practices on Fiscal Transparency (2001) [IMF] Revised Code of Good Practices on Fiscal Transparency

Spanish Cdigo de buenas prcticas de transparencia fiscal Cdigo revisado de buenas prcticas de transparencia fiscal

Code of Good Practices on Transparency in Monetary and Financial Policies: Declaration of Principles [IMF] MFP Transparency Code MFP Code

Cdigo de Buenas Prcticas de Transparencia en las Polticas Monetarias y Financieras: Declaracin de Principios

coding system [BPM5]

codificacin

co-donor

codonante

coefficient

coeficiente

coefficient of association

coeficiente de asociacin

coefficient of contingency

coeficiente de contingencia

coefficient of determination r squared R

coeficiente de determinacin

coefficient of dispersion

coeficiente de dispersin

coefficient of disturbancy

coeficiente de perturbacin

coefficient of reliability

coeficiente de fiabilidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page205

English coefficient of skewness

Spanish coeficiente de asimetra

coefficient of the fitted line

coeficiente de la recta de ajuste

coefficient of variability

coeficiente de variabilidad

coefficient of variation

coeficiente de variacin

coercive measure [IMF overdue obligations]

medida coercitiva

cofactor

cofactor

cofinancing

cofinanciamiento

cofinancing arrangement [IBRD]

acuerdo de cofinanciamiento

cofinancing trust account [IMF] CTA

Cuenta Fiduciaria de Cofinanciamiento CFC

coherence [coefficient]

coherencia

cohesion fund [EC]

fondo de cohesin

coinage coin(s)

acuar moneda metlica moneda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page206

English coincident indicator coincidental indicator

Spanish indicador coincidente indicador simultneo

cointegration [statistics]

cointegracin

collaboration with the World Bank [IMF]

colaboracin con el Banco Mundial

collapse

derrumbe colapso desplome

collar corridor

contrato de garanta de tasa mxima y mnima

collate [statistics]

cotejar confrontar comprobar verificar

collateral account [IMF rights approach]

cuenta de garanta

collateral pooling system

sistema de fondo comn

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page207

English collateral security collateral guarantee collateral [BPM6; GFSM]

Spanish colateral garanta [MEFP] garanta prendaria [MBP6] garanta pignoraticia garanta real garanta de activos

collateral value

bien utilizado como garanta

collateralize

garantizar otorgar una garanta real

collateralized bond

bono con garanta bono con garanta real

collateralized bond obligation CBO

obligacin garantizada con bonos de grado no inversor obligacin garantizada por bonos CBO

collateralized debt obligation squared CDO squared

CDO al cuadrado

collateralized debt obligation CDO

obligacin de deuda garantizada CDO ttulo con garanta sobre deudas (CDO)

collateralized loan obligation CLO

ttulo con garanta sobre prstamos (CLO)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page208

English collateralized mortgage obligation CMO

Spanish obligaciones garantizadas por hipotecas [MEMF] cdula hipotecaria obligacin hipotecaria obligacin garantizada con hipoteca obligaciones hipotecarias con garanta [MBP5]

collect tax

recaudar impuestos

collecting bank

banco de cobranza

collecting price data [CPI]

recogida : usado slo en Espaa) recoleccin de datos sobre precios

collection

cobranza

collection design [BPM5]

diseo de recopilaciones

collection enforcement [taxes]

cobranza coactiva

collection forms [BPM5]

formularios de recoleccin de datos

collection of data gathering of data

recopilacin de datos

collection of price information [CPI]

recoleccin de informacin sobre precios recoleccin de informacin de precios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page209

English collection processes [BPM5]

Spanish proceso de recopilacin

collection registers [BPM5]

registros de recopilacin

collection strategies [BPM5]

estrategias de recopilacin

collections from persons and households [BPM5]

recopilacin de datos de individuos y unidades familiares

collections on customers' accounts [GMBS] collections on clients' accounts

cobros por cuenta de clientes

collective action clause [debt] CAC

clusula de accin colectiva CAC

collective bargaining

negociacin colectiva

collective bargaining agreement collective labor agreement labor contract union contract

convenio colectivo convenio colectivo de trabajo

collective consumption expenditure [SNA93]

Gasto de consumo colectivo [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page210

English collective good public good social good

Spanish bien pblico bien comunitario

collective judgment sense of the meeting

opinin colectiva opinin general opinin de la mayora

collective representation clause

clusula de representacin colectiva

Collegium [IMF]

Comit de Direccin

collusion

colusin

collusive bidding collusive tendering bid rigging

oferta colusoria puja colusoria

Cologne Debt Initiative Cologne Initiative Kln Initiative

Iniciativa de Colonia

Cologne terms

condiciones de Colonia

Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific Colombo Plan CP

Plan Colombo PC

column diagram

diagrama de columnas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page211

English column [matrix]

Spanish columna

column-vector

vector-columna

co-manager [syndicated loans] co-lead manager

codirector coadministrador

combating the financing of terrorism CFT

represin del financiamiento del terrorismo

combinatorial analysis

anlisis combinatorio

combined market interest rate [SDR] combined market rate

tasa de inters de mercado combinada

comfort zone

banda de tolerancia

command economy controlled economy

economa dirigida

command [IT] instruction

orden instruccin comando servicios de capacitacin

commemorative coins [BPM5]

monedas conmemorativas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page212

English commercial and development banks [IFS]

Spanish bancos comerciales y de fomento

commercial and savings banks [IFS]

bancos comerciales y de ahorro

commercial arrears

atrasos en los pagos de la deuda frente a los bancos comerciales atrasos en los pagos de la deuda en condiciones de mercado

commercial bank

banco comercial

commercial banking system commercial banking

banca comercial

commercial banks: assets [IFS]

bancos comerciales: activo

commercial banks: liabilities [IFS]

bancos comerciales: pasivo

commercial creditor

acreedor de una deuda en condiciones de mercado acreedor comercial acreedor bancario

commercial debt bank debt

deuda bancaria deuda frente a los bancos comerciales deuda frente a los bancos privados deuda en condiciones de mercado

commercial GDP [SNA] commercialized GDP

PIB comercial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page213

English commercial interest reference rate CIRR

Spanish tasa de inters comercial de referencia

commercial lender

prestamista comercial institucin de crdito que opera en condiciones de mercado

commercial lending commercial loan commercial credit [Paris Club] nonconcessional loan

prstamo comercial crdito de bancos comerciales crdito en condiciones de mercado prstamo en condiciones no concesionarias

commercial letter of credit letter of credit

carta de crdito comercial carta de crdito

commercial letting [SNA93]

contrato de arrendamiento [SCN93] arrendamiento comercial [SCN93]

commercial mortgage-backed security CMBS

ttulo respaldado por hipotecas comerciales

commercial paper [FSIG]

efectos comerciales [GISF] papel comercial

commercial position

posicin comercial

commercial prepayments

prepagos comerciales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page214

English commercial real estate loans to total loans [FSIG]

Spanish prstamos inmobiliarios comerciales/cartera total [GISF]

commercial real estate loans [FSIG]

prstamos inmobiliarios comerciales [GISF]

commercial travelers [BPM5]

viajantes de comercio [MBP5]

Commission of the African Union

Comisin de la Unin Africana

Commission of the Cartagena Agreement

Comisin del Acuerdo de Cartagena

Commission of the European Communities [EC] CEC European Commission EC

Comisin de las Comunidades Europeas CCE Comisin Europea

Commission on Growth and Development

Comisin de Crecimiento y Desarrollo

Commission on International Commodity Trade [UN] CICT

Comisin sobre Comercio Internacional de Productos Bsicos CCIPB

Commission on International Development [UN] Pearson Commission

Comisin de Desarrollo Internacional Comisin Pearson

Commission on Sustainable Development [UN-ECOSOC] CSD

Comisin sobre el Desarrollo Sostenible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page215

English Commission on the Measurement of Economic Performance and Social Progress Stiglitz Commission

Spanish Comisin para la Medicin del Rendimiento Econmico y el Progreso Social

commission fee

comisin honorario

Commissioner for Economic, Monetary and Financial Affairs [EC]

Miembro de la Comisin (Comisario) encargado de los asuntos econmicos, financieros y monetarios

commitment authority

facultad para contraer compromisos facultad para asignar fondos

commitment basis accounting [budget] commitment basis

contabilidad en base a compromisos base compromiso

commitment fee commitment charge

comisin de compromiso comisin por compromiso de fondos comisin por compromiso de recursos [FMI] comisin de apertura de crdito comisin por inmovilizacin de fondos

commitment gap [IMF]

dficit de recursos para atender compromisos contrados

commitment letter

carta de compromisos

commitment period

perodo de compromiso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page216

English committed assets [BPM5]

Spanish activos comprometidos [MBP5]

committed resources [IMF] commitments

recursos comprometidos compromisos

Committee for Development Planning [UN] CDP

Comit de Planificacin del Desarrollo CPD

Committee for Economic Development [FAO, UN] CED

Comit para el Desarrollo Econmico

Committee for Scientific and Technical Information and Documentation [EC] CIDST

Comit Intergubernamental de Ciencia y Tecnologa para el Desarrollo CISTD

Committee for the Study of Economic and Monetary Union [EC] Delors Committee

Comit para el estudio de la unin econmica y monetaria Comit Delors

Committee of Agricultural Organizations in the European Community [EC] COPA

Comit de las Organizaciones Profesionales Agrcolas de la Comunidad Europea COPA

Committee of Cooperation in Latin America [UN] CCLA

Comit de Cooperacin en la Amrica Latina

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page217

English Committee of Eminent Persons to Study Sustainable Long-Term Financing of the IMF Committee to Study Sustainable Long-Term Financing of the IMF Committee of Eminent Persons Crockett Committee

Spanish Comisin de Notables Comisin de Notables para el Estudio del Financiamiento Sostenible a Largo Plazo del FMI Comisin para el Estudio del Financiamiento Sostenible a Largo Plazo del FMI

Committee of European Banking Supervisors CEBS

Comit de Supervisores Bancarios Europeos CEBS

Committee of Experts for the Transfer of Information between European Languages [EC] CETIL

Comit de Expertos para la Transferencia de Informacin entre Lenguas Europeas CETIL

Committee of International Development Institutions on the Environment CIDIE

Comit sobre el Medio Ambiente de las Instituciones Internacionales para el Desarrollo CIDIE

Committee of the Whole for the [...ith] General Review of Quotas [IMF, Executive Board]

Comisin Plenaria sobre la [...] Revisin General de Cuotas

Committee of the Whole for the [year] Annual Report [IMF document series; EB/CW/AR/...] CWAR

documento de la Comisin Plenaria sobre el Informe Anual [ao]

Committee of the Whole for the [year] Annual Report [IMF, Executive Board] CWAR

Comisin Plenaria sobre el Informe Anual [ao]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page218

English Committee of the Whole for the Development Committee [IMF, Executive Board] CWDC

Spanish Comisin Plenaria sobre el Comit para el Desarrollo

Committee of the Whole on Review of Quotas [IMF, Executive Board] CQuota

Comisin Plenaria sobre la Revisin de las Cuotas

Committee of the Whole [G-24]

Comisin Plenaria

Committee on Appropriations of the House of Representatives [U.S. State Dept.]

Comisin de Asignaciones Presupuestarias de la Cmara de Representantes

Committee on Appropriations of the Senate [U.S. State Dept.]

Comisin de Asignaciones Presupuestarias del Senado

Committee on Article XIV Consultations [IMF, Executive Board]

Comisin de Consultas del Artculo XIV

Committee on Balance of Payments Restrictions [WTO] Committee on Balance-of-Payments Restrictions [WTO]

Comit de Restricciones a la Importacin (Balanza de Pagos) Comit de Restricciones por Balanza de Pagos [WTO]

Committee on Banking and Financial Services of the House of Representatives [U.S. State Dept.]

Comisin de Banca y Servicios Financieros de la Cmara de Representantes

Committee on Banking Regulations and Supervisory Practices [BIS]

Comit de Reglamentacin y Supervisin Bancaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page219

English Committee on Banking, Housing and Urban Affairs of the Senate [U.S. State Dept.]

Spanish Comisin de Banca, Vivienda y Asuntos Urbanos del Senado

Committee on Budget Priorities [IMF] CBP

Comit sobre Prioridades Presupuestarias

Committee on Capacity Building

Comit de Fortalecimiento de las Capacidades

Committee on Commodities [UNCTAD]

Comisin de Productos Bsicos

Committee on Commodity Problems [FAO] CCP

Comit de Problemas de Productos Bsicos CPPB

Committee on Development Effectiveness [IBRD] CODE

Comit sobre la Eficacia en Trminos de Desarrollo

Committee on Development Information [ECA]

Comit de Informacin sobre el Desarrollo

Committee on Economic Cooperation among Developing Countries [UNCTAD]

Comisin de Cooperacin Econmica entre Pases en Desarrollo

Committee on Executive Board Administrative Matters [IMF, Executive Board] CAM

Comisin de Asuntos Administrativos del Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page220

English Committee on Fiscal Affairs [OECD]

Spanish Comit de Asuntos Fiscales

Committee on Foreign Relations of the Senate [U.S. State Dept.]

Comisin de Relaciones Exteriores del Senado

Committee on Governance and Executive Directors Administrative Matters [IBRD] COGAM

Comit de Gestin Institucional y Cuestiones Administrativas Relativas a los Directores Ejecutivos

Committee on IMF Governance Reform

Comit sobre la Reforma del Gobierno del FMI

Committee on International Developing Financing Institutions on the Environment [UNEP]

Comit sobre el Medio Ambiente de las Instituciones Internacionales de Financiacin del Desarrollo

Committee on Interpretation [IMF, Executive Board] COI

Comisin de Interpretacin

Committee on Invisibles and Financing Related to Trade [UNCTAD]

Comisin del Comercio Invisible y de la Financiacin Relacionada con el Comercio

Committee on Liaison with the CONTRACTING PARTIES to the GATT [IMF, EB] CGATT

Comisin de Enlace con las PARTES CONTRATANTES del GATT

Committee on Liaison with the World Trade Organization: Notice and Agenda of Meeting [IMF document series]

convocatoria y orden del da de la reunin de la Comisin de Enlace con la Organizacin Mundial del Comercio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page221

English Committee on Liaison with the WTO [IMF, Executive Board] CWTO

Spanish Comisin de Enlace con la OMC

Committee on Low-Income Country Work [IMF]

Comit sobre el Trabajo en relacin con los Pases de Bajo Ingreso

Committee on Manufactures [UNCTAD]

Comisin de Manufacturas

Committee on Membership -- [Country] [IMF document series;EB/CM/[Country]/...]

documento de la Comisin de Admisin -- [pas]

Committee on Membership -- [country] [IMF, Executive Board] membership committee

Comisin de Admisin -- [pas]

Committee on Negotiations with Intergovernmental Agencies

Comit sobre Negociaciones con los Organismos Intergubernamentales

Committee on Non-Governmental Organizations

Comit de Organizaciones no Gubernamentales

Committee on Payment and Settlement Systems [BIS; FSIG] CPSS

Comit de Sistemas de Pago y Liquidacin [GISF] CSPL Comit de sistemas de pago y liquidacin CSLP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page222

English Committee on Reform of the International Monetary System and Related Issues [IMF] Committee of Twenty [IMF] C-XX

Spanish Comit para la Reforma del Sistema Monetario Internacional y Cuestiones Afines Comit de los Veinte

Committee on Regional Trade Agreements [WTO]

Comit de Acuerdos Comerciales Regionales [WTO]

Committee on Research Priorities

Comisin de Prioridades de Investigacin

Committee on Rules for the [year] Regular Election of Executive Directors [IMF, Executive Board]

Comisin de Reglas de Procedimiento para la Eleccin Ordinaria de [ao] de Directores Ejecutivos

Committee on Shipping [UNCTAD]

Comisin del Transporte Martimo

Committee on the Annual Report [IMF, Executive Board] CAR

Comisin sobre el Informe Anual

Committee on the Budget [IMF document series; EB/CB/...] CB

Comisin de Presupuesto

Committee on the Development of Trade [ECE]

Comit de Desarrollo del Comercio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page223

English Committee on the Global Financial System [BIS] CGFS

Spanish Comit sobre el Sistema Financiero Mundial

Committee on Trade and Development [GATT]

Comit de Comercio y Desarrollo

Committee on Trade in Agriculture [GATT]

Comit del Comercio Agropecuario

Committee on Transfer of Technology [UNCTAD]

Comisin de Transferencia de Tecnologa

commodities

materias primas [WHD REO]

Commodities and Special Issues Division [RES/CN]

Divisin de Productos Bsicos y Asuntos Especiales

commodities price shock

shock de precios de las materias primas

Commodities Unit

Unidad de Productos Bsicos

commodity

producto bsico commodity producto mercanca

commodity accounts [SNA93]

cuentas de mercancas [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page224

English commodity agreement

Spanish convenio de productos bsicos

commodity arbitrage [BPM5]

arbitraje de productos bsicos [MBP5]

commodity assistance aid in kind

asistencia en especie

commodity broker [SNA93]

corredor de mercancas [SCN93]

commodity classification [BPM5]

clasificacin de productos bsicos

commodity composition of trade

desglose del comercio por productos

commodity currency

dinero mercanca

commodity economy

economa basada en productos bsicos

commodity exchange commodities exchange exchange

bolsa de comercio bolsa de productos mercado de productos

commodity exporters

exportadores de materias primas

commodity fund

fondo de inversin en materias primas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page225

English commodity future [BPM5]

Spanish contrato de futuros sobre productos bsicos futuro de productos bsicos [MBP5] futuro sobre productos

commodity futures market

mercado de futuros de productos bolsa de futuros de productos

commodity futures trader [BPM5]

corredor de los mercados de futuros [MBP5]

commodity gold [BPM5; SNA93]

oro mercanca [MBP5, SCN93]

commodity index fund

fondo de inversin basado en un ndice de materias primas

commodity index investment

inversin en un ndice de materias primas

commodity market

mercado de productos bsicos

commodity option

opcin sobre productos

commodity price support system

sistema de sostn de precios de las materias primas

commodity swap

swap de productos bsicos

commodity taxes, net [SNA93]

impuestos netos sobre las mercancas [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page226

English commodity-indexed bond commodity bond commodity-linked bond

Spanish bono indexado al precio de un producto bsico

commodity-linked finance commodity-backed financing

financiamiento vinculado al precio de productos bsicos

Common African and Mauritian Organization OCAM

Organizacin Comn Africana y Mauriciana OCAM

common agricultural policy [EU] CAP

poltica agrcola comn PAC

common currency zone [GMBS] currency zone common currency area [GMBS] currency area

zona monetaria zona de moneda comn

Common Customs Tariff [EC] CCT

Arancel de Aduanas Comn AAC

common economic and monetary policy [EU]

poltica econmica y monetaria comn

Common External Tariff [GATT - customs] CET

Arancel Exterior Comn AEC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page227

English Common Fund for Commodities [UNCTAD] CFC

Spanish Fondo Comn para los Productos Bsicos

Common Market Council [Caribbean Community]

Consejo del Mercado Comn

Common Market for Eastern and Southern Africa COMESA

Mercado Comn para frica Meridional y Oriental COMESA

Common Monetary Agreement [IMF]

Acuerdo monetario comn

Common Monetary Area [AFR] CMA

Zona Monetaria Comn CMA

common pool problem

problema del fondo comn

Common Position [EU]

posicin comn [Unin Europea]

common price method [GA]

mtodo del precio comn

common share common stock ordinary share stock

accin ordinaria

common sovereignty [GATT]

soberana comn

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page228

English commons

Spanish patrimonio comn

Commonwealth Caribbean Division

Divisin del Commonwealth del Caribe

Commonwealth of Independent States CIS

Comunidad de Estados Independientes CEI

Commonwealth Parliamentary Association CPA

Asociacin Parlamentaria del Commonwealth CPA

Commonwealth Secretariat ComSec

Secretara del Commonwealth

Communications Assistant [IMF-SEC]

Auxiliar de Comunicaciones

Communications Assistant, Senior

Auxiliar Principal de Comunicaciones

Communications Division [SEC/CM]

Divisin de Comunicaciones

communications officer

oficial de comunicaciones

communications services cable services

servicios de comunicaciones

Communications Systems Officer [IMF-SEC]

Oficial de Sistemas de Comunicacin

Communications Systems Officer, Senior [IMF-SEC]

Oficial Principal de Sistemas de Comunicacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page229

English community activity [SNA93]

Spanish actividades comunitarias [SCN93]

Community Development Fund [West African Economic Community]

Fondo Comunitario de Desarrollo

community development [GFSM]

desarrollo comunitario [MEFP]

community forestry program [IDA]

(programa de) plantacin de bosques comunitarios

community screening

preseleccin de comunidades

community-based organization CBO

organizacin de base entidad de base

community-driven development CDD

desarrollo impulsado por la comunidad

commutative operation [mathematics]

operacin conmutativa

commutativity [mathematics]

propiedad commutativa conmutatividad

Comoros (the) [IMF] Islamic Federal Republic of the Comoros (the)

Comoras (las) Repblica Federal Islmica de las Comoras (la)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page230

English companion document companion paper

Spanish documento complementario

company acts [BPM5]

actos de constitucin [MBP5]

company [SNA93; FSIG]

empresa [SCN93] compaa [SCN93; GISF]

comparability of treatment [London Club; Paris Club]

comparabilidad de tratamiento

comparable worth

valor equivalente

comparative advantage

ventaja comparativa

comparative advantage, theory of

teora de la ventaja comparativa

comparative dynamics

dinmica comparada

comparative statics

esttica comparada

comparator organization comparator [IMF staff compensation]

comparador

Compendium of Foreign Exchange Rules [Chile]

Compendio de Normas de Tipo de Cambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page231

English Compensation and Benefits Policy Division [HRD/CB]

Spanish Divisin de Poltica de Remuneraciones y Prestaciones

compensation and benefits [IMF]

remuneraciones y prestaciones

compensation bond [ARG]

bonos de compensacin

compensation of employees

remuneracin de empleados remuneracin de asalariados remuneracin a los empleados remuneracin de los asalariados

compensation of employees in kind [SNA93]

remuneracin de los asalariados en especie [SCN93]

compensation of employees, measurement of [BPM5]

remuneracin de empleados, medicin de

compensation package

remuneracin

compensation payments [BPM5]

pagos de indemnizacin [MBP5]

Compensation Policy Division

Divisin de Poltica de Remuneraciones

compensation [SDR]

compensacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page232

English Compensatory and Contingency Financing Facility [IMF] CCFF

Spanish Servicio de Financiamiento Compensatorio y para Contingencias SFCC

compensatory drawing [IMF]

giro compensatorio

Compensatory Financing Facility [IMF] CFF

servicio de financiamiento compensatorio SFC

compensatory financing of export fluctuations

financiamiento compensatorio de las fluctuaciones de los ingresos de exportacin

compensatory financing of fluctuations in the cost of cereal imports [CCFF] cereal facility [IMF] cereal component

financiamiento compensatorio de las fluctuaciones del costo de los cereales importados servicio financiero para las importaciones de cereales

compensatory official financing [BPM5]

financiamiento oficial compensatorio [MBP5]

competition [procurement]

competencia

competitive advantage

ventaja competitiva

competitive bid [securities auctions]

oferta competitiva

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page233

English competitive depreciation [exchange] competitive devaluation

Spanish depreciacin competitiva devaluacin competitiva

competitive disadvantage

desventaja competitiva

competitive imports [SNA93]

importaciones competitivas [SCN93]

competitive needs limitation [USA]

limitacin debido a las diferentes necesidades

competitive position

posicin competitiva situacin competitiva competitividad

competitiveness effect

efecto en la competitividad

Competitiveness Indicators System [IMF]

Sistema de Indicadores de Competitividad

competitiveness competitive ability

competitividad capacidad competitiva

Compilation Guide for Monetary and Financial Statisticas [MFSM]

Gua para Compilar Estadsticas Monetarias y Financieras [MEMF]

Compilation Guide on Financial Soundness Indicators

Gua de compilacin de indicadores de solidez financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page234

English compilation of data compilation [BPM5]

Spanish compilacin de datos compilacin

compilation of merchandise [BPM5]

compilacin de mercancas [MBP5]

compilation of the CPI [CPI]

elaboracin del CPI

compile [CPI]

elaborar obtener recopilar

compiler [BPM5]

compilador [MBP5]

compiling country [BPM5]

pas declarante pas compilador [MBP5]

compiling economy [BPM5]

economa compiladora [MBP5]

complementary imports [SNA93]

importaciones complementarias [SCN93]

complementary period [GFS 1986; budget]

perodo complementario

complements in relation with the treatment of multiple exchange rates

complementos en relacin con el tratamiento de los tipos de cambio mltiple

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page235

English complete market [capital markets]

Spanish mercado perfecto

complete policies scenario

escenario de aplicacin completa de las polticas

completion point triggers [IMF--HIPC Initiative]

factores de activacin del punto de culminacin

completion point [IMF; HIPC Initiative]

punto de culminacin

complex number

nmero complejo

compliance (with performance criteria) [IMF]

cumplimiento (de los criterios) observacin de ejecucin (de los criterios)

compliance function [Basle Committee]

funcin de conformidad funcin de cumplimiento

Compliance Officer [IMF]

Contralor Financiero

compliant (with) [BIS]

conforme (a)

comply or explain approach

principio de cumplir o explicar

component

componente

component currency [IMF]

moneda componente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page236

English component loan joint loan

Spanish prstamo conjunto

composite hypothesis

hiptesis compuesta

composite index

ndice compuesto

composition effect [Statistics]

efecto de composicin

composition of creditors [bankruptcy] composition agreement creditors' arrangement

concordato con los acreedores convenio con los acreedores concurso

composition of international reserves

composicin de las reservas internacionales

Composition of Official Foreign Exchange Reserves [IMF] COFER currency composition of foreign exchange reserves

composicin de las reservas oficiales de divisas COFER

Composition Unit [TGS/DG/GR/CO]

Unidad de Composicin Grfica

Compositor

Cajista

Compositor, Senior [IMF]

Cajista Principal

compound event

suceso compuesto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page237

English compound frequency distribution

Spanish distribucin de frecuencias compuestas

compound interest rate compound rate

tasa de inters compuesta tasa compuesta

comprehensive budget rule budget comprehensiveness principle budget unity rule

regla de unidad presupuestaria

comprehensive conditionality comprehensiveness

condicionalidad amplia

Comprehensive Development Framework [IBRD] CDF

Marco Integral de Desarrollo

comprehensive framework [GDDS]

marco general

compression booster

complemento por factor de compresin

compression factor

factor de compresin

compression of imports

compresin de la importacin

Comptroller General

Contralor General

Comptroller of the Currency, Office of the [USA]

Contralora Bancaria Supervisor de bancos, inspector de bancos, contralor de la moneda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page238

English compulsory deposit [GMBS]

Spanish depsito obligatorio

compulsory employees' social contributions [SNA93]

contribuciones sociales obligatorias de los asalariados [SCN93]

compulsory employers' actual social contributions [SNA93]

contribuciones sociales obligatorias efectivas de los empleadores [SCN93]

compulsory fees [SNA93]

honorarios obligatorios tasas obligatorias [SCN93]

compulsory fees, fines and penalties [SNA93]

tasas obligatorias, multas y sanciones [SCN93]

compulsory intervention rate [EMS]

tipo de intervencin obligatoria

compulsory loan

prstamo obligatorio

compulsory reserve deposit

depsito de reserva obligatorio

compulsory retirement

retiro obligatorio, compulsivo

compulsory savings scheme [GMBS]

plan de ahorro obligatorio

compulsory savings [SNA93]

ahorro forzoso [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page239

English compulsory social contributions by self- and non-employed persons [SNA93]

Spanish contribuciones sociales obligatorias de ocupados por cuenta propia, y de personas no ocupadas [SCN93]

compulsory social insurance contributions compulsory social contributions

contribuciones obligatorias a seguros sociales contribuciones sociales obligatorias

compulsory transfers [GFSM 2001]

transferencias obligatorias [MEFP]

compulsory withdrawal [IMF]

separacin obligatoria

computed value

valor calculado

computer

ordenador computadora

computer and information services [BPM5]

servicios de informtica y de informacin [MBP5] servicios de informtica e informacin

Computer Facilities and Operations Division

Divisin de Instalaciones de Computadoras y Operaciones de Sistemas

Computer Services Officer

Oficial de Servicios de Informtica

computer services [BPM6]

servicios informticos [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page240

English computer software [SNA93]

Spanish programa de computacin [SCN93] software [SCN93]

Computer Systems Assistant

Auxiliar de Sistemas Informticos

Computer Systems Assistant, Senior

Auxiliar Principal de Sistemas Informticos

Computer Systems Officer

Oficial de Sistemas Informticos

Computer Systems Officer, Senior

Oficial Principal de Sistemas Informticos

computer systems [BPM5]

sistemas de informtica

concentration ellipsoid

elipsoide indicador

concept note [World Bank Group]

nota conceptual

conceptual discrepancies [BPM5]

discrepancias conceptuales [MBP5]

conceptual framework [BPM5]

marco conceptual [MBP5]

conceptual scope [BPM5]

mbito conceptual [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page241

English concertation of policies

Spanish concertacin de las medidas de poltica concertacin de las polticas

Concerted Action for Development in Africa CADA

Accin Concertada para el Desarrollo en Africa CADA

concerted bank lending [ICM]

prstamos bancarios concertados

concerted new money

nuevos fondos en el marco de operaciones concertadas financiamiento adicional concertado

concessional assistance concessional aid

asistencia concesionaria asistencia de carcter concesionario ayuda en condiciones favorables

concessional element concessionary element

elemento concesionario

concessional financing

financiamiento en condiciones favorables financiamiento concesionario financiamiento en condiciones concesionarias

concessional flow concessionary flow

flujo de capital concesionario

concessional interest rate

tasa de inters concesionaria

concessional lending

prstamos concesionales crdito en condiciones concesionarias prstamos concesionarios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page242

English concessional loan

Spanish prstamo en condiciones concesionarias

concessional terms concessionary terms

condiciones concesionarias

concessional treatment [Paris Club] concessionality

tratamiento concesionario concesionalidad

concessional concessionary

en condiciones favorables concesionario de carcter concesionario

concessionality

concesionalidad carcter concesionario

concluding remarks closing remarks

discussion de clausura discurso de clausura palabras de clausura palabras pronunciadas al final de ...

concurrence of the member [IMF]

asentimiento del pas miembro

conditional cash transfer program

programa de transferencias monetarias condicionadas

conditional grant [public finance]

subvencin condicional transferencia condicional

conditional liquidity

liquidez condicional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page243

English conditional prediction

Spanish previsin condicional

conditional regression

regresin condicional

conditional relief arrangement [customs]

rgimen de suspensin condicional del impuesto

conditionality for the tranches [IMF]

condicionalidad para el desembolso de cada tramo de crdito condicionalidad previa a los desembolsos

conditionality [IMF]

condicionalidad

conduct of business [BL]

gestin de los asuntos

conduit

intermediario medio de transmisin

conduit company conduit

vehculo de inversin estructurada sociedad instrumental

Conference of European Statisticians [UN/ECE] CES

Conferencia de Estadsticos Europeos

Conference on Economic Cooperation among Developing Countries [G-77]

Conferencia sobre Cooperacin Econmica entre Pases en Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page244

English Conference on International Economic Cooperation CIEC North-South Dialogue

Spanish Conferencia sobre la Cooperacin Econmica Internacional CCEI Dilogo Norte-Sur

Conference on Macroeconomic Policies and Poverty Reduction

Conferencia sobre polticas macroeconmicas y reduccin de la pobreza

Conference on Security and Cooperation in Europe CSCE

Conferencia sobre Seguridad y Cooperacin en Europa CSCE

Conference on the World Financial and Economic Crisis and Its Impact on Development

Conferencia sobre la crisis financiera y econmica mundial y sus efectos en el desarrollo

Conferences Advisor

Asesor de Conferencias

Conferences Assistant

Auxiliar de Conferencias

Conferences Assistant, Senior [IMF-SEC]

Auxiliar Principal de Conferencias

Conferences Officer [IMF-SEC]

Oficial de Conferencias

Conferences Officer, Senior [IMF-SEC]

Oficial Principal de Conferencias

confidence band

banda de confianza

confidence coefficient

coeficiente de confianza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page245

English confidence interval [statistics]

Spanish intervalo de confianza

confidence level [statistics]

nivel de confianza

confidence limits

lmites de confianza

confidence range

campo de confianza

confidence region

regin de confianza

confidential [IMF information security]

confidencial

confidentiality of source data [BPM5]

confidencialidad de los datos

Confidentiality Protocol [FASP]

protocolo sobre confidencialidad

confirmation [securities settlement systems]

confirmacin

conflict of interest

conflicto de intereses

conflicting assumptions

supuestos contradictorios

confluence analysis

anlisis de confluencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page246

English conforming mortgage

Spanish hipoteca convencional hipoteca estndar

conglomerate merger

fusin en conglomerado

Congressional Oversight Panel [USA]

Comit de Supervisin del Congreso [EE.UU.] Comit de Supervisin del Congreso (de EE.UU.)

conjugacy (vector)

conjugacin, (vector de)

conjugate distribution

distribucin conjugada

connected lending [FSIG] connected loan

crdito a prestatarios relacionados con los bancos crdito a prestatarios relacionados [GISF] prstamos vinculados

consensus forecast

previsin consensuada pronstico de consenso

consent [IMF quotas]

aceptacin consentimiento asentimiento

conservator

curador ad litem

consignation/destination [BPM5]

consignacin/destino [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page247

English consignment [BPM6]

Spanish consignacin [MBP6]

consistency check

verificacin de la concordancia (de los datos)

consistency of valuation [BPM5]

concordancia de la valoracin

consistency [statistics]

consistencia coherencia

consistent estimate

estimacin convergente

consistent estimator [statistics]

estimador consistente estimador coherente

consistent with the provisions

compatible con las disposiciones

consistent with this Agreement

compatible con este Convenio

consolidated accounts of the nation [SNA93]

cuentas consolidadas de la nacin [SCN93]

consolidated basis, on a

nivel agregado, a consolidado

consolidated cash management

unidad de caja

consolidated central bank deposits [IFS]

depsitos del gobierno central

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page248

English consolidated central government [GFS; GFSY]

Spanish gobierno central consolidado [GFSY] operaciones consolidadas del gobierno central [GFSY]

consolidated general government [GFS, GFSY]

gobierno general consolidado [GFSY] operaciones consolidadas del gobierno general

Consolidated Multilateral Surveillance Report CMSR

Informe Consolidado de Supervisin Multilateral ICSM

consolidated postal debt [IFS]

deuda postal consolidada

Consolidated Spillover Report

Informe Consolidado sobre Efectos de Contagio

consolidated survey

encuesta consolidada

consolidation adjustment [MFSM 2000]

ajuste de consolidacin

consolidation period [debt restructuring]

perodo de consolidacin

consolidation rules [SNA93]

normas de consolidacin [SCN93]

consolidation [enterprises]

fusin propiamente dicha consolidacin fusin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page249

English consortium (for country X)

Spanish consorcio (para ...) consorcio (de coordinacin de la ayuda a ...)

conspicuous consumption

consumo suntuario consumo ostentoso consumo de ostentacin

constant of integration

constante de integracin

constant price series [BPM5]

series de precios constantes

constant prices in constant prices

precios constantes a precios constantes

constant purchasing power parity

paridad del poder adquisitivo constante

constant return

rendimiento constante

constituency structure

estructura de representacin de pases

constituency [IMF Executive Board and committees] chair

pases representados grupo de pases (que elige un representante) jurisdiccin representacin

constraint

restriccin limitacin

construct (of society) [GFSM]

creacin (de la sociedad) [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page250

English construction activity, treatment of

Spanish tratamiento de construcciones

construction services [BPM5; BPM6]

servicios de construccin [MBP5; MBP6]

construction [GFSM]

construccin [MEFP]

consular fees [BPM5]

derechos consulares [MBP5]

consulates, agencies, and entities abroad [BPM5]

consulados, organismos y unidades en el extranjero [MBP5]

Consultant [IMF]

Consultor

consultation cycle [IMF]

ciclo de consultas

Consultation Practices Division

Divisin de Procedimientos de Consulta

Consultative Group of Eighteen

Grupo Consultivo de los Dieciocho

Consultative Group on Capacity Building [World Bank] CGCB

Grupo consultivo sobre fortalecimiento de las capacidades

Consultative Group on Exchange Rate Issues CGER Consultative Group on Exchange Rates

Grupo Consultivo sobre Tipos de Cambio CGER

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page251

English Consultative Group on International Agricultural Research [IBRD] CGIAR

Spanish Grupo Consultivo sobre Investigacin Agrcola Internacional GCIAI

Consultative Group on International Economic and Monetary Affairs, Inc. Group of Thirty

Grupo Consultivo sobre Asuntos Econmicos y Monetarios Internacionales [ttulo no oficial] Grupo de los Treinta [ttulo no oficial]

Consultative Group [for a country] CG

Grupo Consultivo

consumer boom

ange del consumo

consumer confidence

confianza de los consumidores

consumer credit [SNA93]

crdito personal crdito al consumidor [SCN93] crdito a los consumidores crdito de consumo

consumer demand

demanda de los consumidores demanda de consumo

consumer durable hard good

bien de consumo duradero bien de consumo durable

consumer expenditure [CPI]

gastos de consumo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page252

English Consumer Financial Protection Bureau CFPB

Spanish Oficina de Proteccin Financiera del Consumidor

consumer goods [CPI]

bienes de consumo

consumer goods, seasonally adjusted [IFS]

bienes de consumo, desestacionalizado

consumer price

precio de consumo precio al consumidor

consumer price index CPI

ndice de precios al consumidor indice de precios al consumidor

consumer semi-durables

bienes de consumo semiduraderos

consumer spending household expenditure

gasto de los hogares gasto de los particulares gasto de los consumidores

consumer substitution [CPI]

sustitucin del consumidor

consumer surplus

excedente del consumidor supervit del consumidor

consumer tastes consumer preferences

gustos de los consumidores preferencias de los consumidores

consumerism

consumismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page253

English consumption expenditure consumption spending

Spanish gasto de consumo

consumption function

funcin de consumo

consumption of the population [SNA93]

consumo de la poblacin [SCN93]

consumption pattern consumption behavior

preferencias de los consumidores estructura del consumo hbitos de consumo

consumption purchase [CPI]

compra de consumo

consumption rate of interest CRI

tasa de actualizacin del consumo tasa de inters del consumo TICO

consumption tax

impuesto al consumo impuesto sobre el consumo

consumption [SNA93]

consumo [SCN93]

Contadora Group

Grupo Contadora

contagion effect contagion [FSIG]

efecto de contagio contagio [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page254

English contains confidential information [IMF information security]

Spanish contiene informacin confidencial

contango forwardation

contango

contemporaneous reserve accounting CRA

contabilizacin corriente de las reservas

contestable market perfectly contestable market

mercado de acceso perfecto mercado perfectamente accesible

continental shelf

plataforma continental

continental slope

talud continental

continental water bodies

aguas continentales

contingencies [FSIG; GFSM]

imprevistos contingencias [GISF; MEFP] riesgos

contingency basis, on a

en caso de necesidad

contingency clause [IBRD/CCFF]

clusula para contingencias

contingency financing facility [IMF]

Servicio de Financiamiento para Contingencias

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page255

English contingency financing mechanism [CCFF]

Spanish mecanismo de financiamiento para contingencias

contingency financing contingent financing contingent credit line

financiamiento para contingencias lnea de crdito contingente

contingency fund [GFS 1986] contingency reserve

fondo para contingencias fondo de reserva

contingency measure

medida para hacer frente a imprevistos medida contingente medida para contingencias

contingency mechanism contingency mechanism for the adjustment of targets

mecanismo de contingencia para el ajuste de las metas

contingency table

tabla de contingencia

contingent claim contingent asset

crdito contingente crdito eventual activo contingente activo eventual

contingent claims approach CCA

anlisis desde la ptica de los crditos contingentes enfoque de crdito contingente

contingent contract [GFSM 2001]

contrato contingente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page256

English Contingent Credit Line(s) [IMF] CCL

Spanish Lnea(s) de Crdito Contingente LCC

contingent instruments

instrumentos contingentes

contingent liability

pasivo contingente pasivo eventual

contingent loan [IBRD]

prstamo contingente

contingent positions [SNA93]

posiciones contingentes [SCN93]

contingent risk

riesgo contingente

contingent sale of gold [IMF]

venta de oro para hacer frente a contingencias

continuing operation [of the adjustment process; AA]

funcionamiento continuo

continuing review, keep under [IMF credit policies]

soometer a un seguimiento continuo ser objeto de un seguimiento

continuous function

funcin continua

continuous session [IMF, Executive Board]

sesin permanente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page257

English continuous variable

Spanish variable continua

contour chart

grfico acotado

contra account valuation allowance

cuenta de contrapartida

contract value [BPM5]

valor del contrato [MBP5]

contract [IMF]

contrato

contract, to

obligarse contractualmente

contracted debt

deuda contrada deuda contratada

contractionary bias

sesgo contractivo

contractionary impulse

impulso contraccionista impulso contractivo

contractionary policy

poltica restrictiva poltica de austeridad poltica contractiva poltica contraccionista

contractionary pressure

presin contraccionista

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page258

English Contracts Administration Officer [IMF-TGS]

Spanish Oficial de Administracin de Contratos

contractual loan [BPM5]

prstamo contractual [MBP5]

contractual maturity [BPM5]

vencimiento contractual plazo contractual [MBP5]

contribution

contribucin aportacin

contributions to government employee pension and welfare funds within government [GFSY]

contribuciones a los fondos de pensiones y de bienestar social de los empleados del gobierno, dentro del gobierno

contributions to social security, pension and similar schemes [SNA93]

contribuciones a la seguridad social, cajas de pensiones y regmenes anlogos [SCN93]

contributor (country) [IMF accounts]

pas que efecta contribuciones contribuyente(, pas) pas que efecta aportaciones

contrived scarcity

escasez artificial

control

control regulacin

control for [statistics]

neutralizar los efectos tener en cuenta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page259

English Control Unit [FIN/AI/CO]

Spanish Unidad de Control

control variable

variable de control

convenience yield

rendimiento de conveniencia

Convention concerning International Transport by Rail COTIF

Convenio sobre el Transporte Internacional por Ferrocarril COTIF

Convention for the Suppression of Unlawful Acts against the Safety of Civil Aviation

Convenio para la represin de actos ilcitos contra la seguridad de la aviacin civil

Convention for the Suppression of Unlawful Acts against the Safety of Maritime Navigation

Convenio para la represin de actos ilcitos contra la seguridad de la navegacin martima

Convention for the Suppression of Unlawful Seizure of Aircraft

Convenio para la represin del apoderamiento ilcito de aeronaves

Convention on a Code of Conduct for Liner Conferences [UNCTAD]

Convencin sobre un Cdigo de Conducta de las Conferencias Martimas

Convention on Combating Bribery of Foreign Public Officials in International Business Transactions [OECD]

Convencin para Combatir el Cohecho de Funcionarios Pblicos Extranjeros en Transacciones Comerciales Internacionales

Convention on International Trade in Endangered Species of Wild Fauna and Flora [UNEP] CITES

Convencin sobre el comercio internacional de especies amenazadas de fauna y flora CITES

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page260

English Convention on the Elimination of All Forms of Discrimination against Women CEDAW

Spanish Convencin sobre la eliminacin de todas las formas de discriminacin contra la mujer

Convention on the Law Applicable to Contractual Obligations [EC]

Convenio sobre la ley aplicable a las obligaciones contractuales

Convention on the Physical Protection of Nuclear Material

Convencin sobre la Proteccin Fsica de los Materiales Nucleares

Convention on the Prevention and Punishment of Crimes against Internationally Protected Persons, including Diplomatic Agents

Convencin sobre la prevencin y el castigo de delitos contra personas internacionalmente protegidas, inclusive los agentes

Convention on the Privileges and Immunities of the Specialized Agencies

Convencin sobre los Privilegios e Inmunidades de los Organismos Especializados

Convention to Prevent and Punish the Acts of Terrorism Taking the Form of Crimes Against Persons and Related Extortion that are of International Significance

Convencin de la Organizacin de los Estados Americanos para la prevencin y represin de los actos de terrorismo encuadrados como delitos contra las personas y actos conexos de extorsin de alcance internacional

conventional deficit

dficit convencional

conventions for recording services on merchandise [BPM5]

convenios establecidos para el registro de servicios relacionados con mercancas [MBP5]

convergence

convergencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page261

English convergence criteria [EU] convergence goals Maastricht criteria Maastricht goals

Spanish criterios de convergencia criterios de Maastricht

convergence in inflation performance [EC, G7; monetary policy]

convergencia de las tasas de inflacin

convergence in mean

convergencia en media

convergence in probability

convergencia en probabilidad

convergence of economic conditions

convergencia de las condiciones econmicas

conversion method [BPM5]

mtodo de conversin [MBP5]

convertible adjustable preferred stock CAPS

accin preferente convertible a una tasa variable

convertible bond [BPM6]

bono convertible [MBP6]

convertible currency area

zona de moneda convertible

convertible debt instrument

instrumento de deuda convertible

convertible security

valor convertible

convexity

convexidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page262

English Cooperation Council for the Arab States of the Gulf Arab Gulf Cooperation Council GCC Gulf Cooperation Council

Spanish Consejo de Cooperacin de los Estados rabes del Golfo Consejo de Cooperacin del Golfo Consejo para la Cooperacin en el Golfo

cooperation test [IMF]

prueba de cooperacin

cooperative arrangements (for maintenance of value of currencies) [IMF, exchange arrangements]

regmenes cooperativos (para mantener el valor de las monedas)

cooperative growth strategy [IBRD]

estrategia de cooperacin para el crecimiento (econmico)

cooperative monetary arrangement [monetary policy] cooperative arrangement common arrangement common monetary arrangement

rgimen monetario cooperativo mecanismo de cooperacin monetaria

cooperative nature of the IMF

carcter cooperativo del FMI

cooperative organization [GMBS]

organizacin cooperativa

cooperative sector [SNA93]

sector de cooperativas sector cooperativo [SCN93]

Coordinated Compilation Exercise CCE

ejercicio coordinado de compilacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page263

English coordinated direct investment survey CDIS

Spanish Encuesta Coordinada sobre la Inversin Directa ECID

coordinated financial transactions tax

impuesto coordinado sobre las transacciones financieras

Coordinated Portfolio Investment Survey Guide [IMF]

Gua de la encuesta coordinada sobre inversin de cartera

Coordinated Portfolio Investment Survey [IMF, OECD] CPIS

Encuesta coordinada sobre inversin de cartera ECIC

Coordinated Portfolio Investment Survey: Survey Guide

Encuesta coordinada sobre inversin de cartera: Gua de la Encuesta

Co-ordinating Committee for Multilateral Strategic Export Controls [USA] COCOM

Comit de coordinacin del control estratgico multilateral de las exportaciones

Coordination and Standards Division [PDR/CS]

Divisin de Coordinacin y Normas

Coordination Framework for Implementation Monitoring CFIM

mecanismo de coordinacin para el seguimiento de la implementacin de las reformas por parte del Consejo de Estabilidad Financiera CFIM

Copenhagen Declaration on Social Development

Declaracin de Copenhague sobre Desarrollo Social

Copper Exporting Countries' Council [CIPEC]

Consejo de Pases Exportadores de Cobre

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page264

English copula function copula

Spanish cpula funcin de cpula funcin cpula

copy machine operator

operador de fotocopiadora

copyright

derechos de propiedad intelectual derechos de autor

core area [GDDS]

categora bsica

core bank

banco comercial principal

core countries euro area core

pases del ncleo de la zona del euro ncleo de la zona del euro

core data category [GDDS]

categora de datos bsicos

core framework [GDDS]

marco bsico

core fund [Global Environment Facility, WB]

fondo bsico

core GFS balances [GFSM]

resultados bsicos de las EFP [MEFP] resultados bsicos de las EPF [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page265

English core inflation underlying inflation built-in inflation

Spanish inflacin subyacente inflacin bsica

core labor standards [ILO] CLS

normas laborales fundamentales normas fundamentales del trabajo

core lending [IBRD]

prstamo bsico

core liquid assets [FSIG]

activos lquidos bsicos [GISF]

core macroprudential indicator core MPI

indicador macroprudencial bsico

Core Principles for Effective Banking Supervision [BIS;Basle Committee] core principles Basel Core Principles

Principios Bsicos para una Supervisin Bancaria Eficaz Principios Bsicos de Basilea

Core Principles for Systemically Important Payment Systems [BIS-CPSS]

Principios bsicos para los sistemas de pago importantes a nivel sistmico Principios bsicos para los sistemas de pagos de importancia sistmica

core statistical indicator [IMF]

indicador estadstico bsico

core surveillance data [IMF]

datos bsicos para la supervisin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page266

English core tables [BPM5]

Spanish cuadros bsicos [MBP5]

corporate accounting standards

normas de contabilidad empresarial

corporate and quasi-corporate enterprises [SNA93]

sociedades y cuasi-sociedades [SCN93]

corporate banking

servicios bancarios al sector empresarial

corporate bond

bono emitido por una empresa bono empresarial bono corporativo

corporate bonds and equities [BPM5]

bonos, acciones y otras participaciones de capital social [MBP5]

corporate enterprise

empresas constituidas en sociedad

corporate equities, including capital participations corporate equities corporate equity securities

acciones y otras participaciones de capital social acciones y participaciones [SCN93]

corporate equity

patrimonio social fondos propios

corporate governance

gobierno societario gobierno corporativo gobierno empresarial gobierno de las sociedades

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page267

English corporate income tax CIT

Spanish impuesto sobre la renta de las sociedades

corporate raider [stock exchange] raider

depredador

corporate restructuring [enterprises] restructuring

reestructuracin de empresas

corporate sector

sector empresarial sector de empresas

corporate sector workout corporate workout workout

reestructuracin de la deuda del sector empresarial

corporate state

Estado empresario, empresa

corporate vulnerability index CVI

ndice de vulnerabilidad empresarial ndice de vulnerabilidad empresarial IVE

corporate [GFSY]

compaas, sociedades de capital o empresas

corralito partial freeze of bank accounts constrained sight deposit

corralito congelamiento parcial de depsitos bancarios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page268

English correction of an index [CPI]

Spanish correccin de un ndice

correction [securities market; GFSM; SNA93]

correccin [MEFP; SCN93] correccin de la tendencia

correlated errors

errores relacionados

correlation coefficient [statistics]

coeficiente de correlacin

correlation index

ndice de correlacin

correlation matrix

matriz de correlacin

correlation ratio

razn de correlacin

correlation surface

superficie de correlacin

correlation table

tabla de correlacin

correlogram

correlograma

Correspondence Assistant

auxiliar de correspondencia

correspondence table conversion key

cuadro de correspondencia clave de conversin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page269

English correspondent account bank correspondent account

Spanish cuenta de banco corresponsal

correspondent bank

banco corresponsal

correspondent banking

banca corresponsal

Corruption Perception Index CPI

ndice de Percepcin de la Corrupcin

cospectrum

coespectro

cost & freight c. & f. CFR

costo y flete c. & f.

cost accounting

contabilidad de costos contabilidad analtica

cost and result accounting

contabilidad de costos y resultados

cost control

control de (los) costos

cost effect

efecto de costo

cost effectiveness effectiveness

eficacia en funcin de los costos

cost of carry

costo de inmovilizacin del capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page270

English cost of living adjustment COLA

Spanish ajuste por costo de vida

cost of living allowance COLA

asignacin por costo de vida

cost of living bonus

prima por costo de vida

cost of living [CPI]

costo de la vida costo de vida

cost of production [SNA93]

costo de produccin [SCN93]

cost oil

costo del petrleo costo de produccin del petrleo

cost or market, whichever is less [statistics] COMWIL COMWIL valuation principle lower cost of market LCM LOCOM

costo o precio de mercado (el que sea menor)

cost price

precio de costo

cost pricing

determinacin del precio en funcin del costo fijacin del precio en funcin del costo

cost recovery [BPM5]

recuperacin de costos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page271

English cost, at

Spanish al costo

cost, insurance, and freight c.i.f. cost, insurance, freight [SNA93]

costo, seguro y flete c.i.f. costo, seguro, flete [SCN93]

cost-benefit analysis

anlisis de costo-beneficio

cost-effectiveness review [IBRD-Strategic Compact] CER

examen de la eficacia en funcin de los costos

costlessly reversible entry (into a market)

entrada reversible y sin ningn costo

cost-of-basic-needs method

mtodo del costo de las necesidades bsicas

cost-of-living index [CPI] COLI

ndice del costo de la vida ICV

cost-plus fashion

costo ms ganancia costo aumentado

cost-push inflation cost inflation

inflacin de costos inflacin ocasionada por los costos

costs of ownership transfer on non-produced non-financial assets [SNA93]

costos de transferencia de la propiedad de activos no financieros no producidos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page272

English Cotton Sub-Committee [WTO]

Spanish Subcomit sobre el Algodn [OMC]

Council for Arab Economic Unity CAEU

Consejo de la Unidad Econmica Arabe CUEA

Council for International Coordination [IRQ] CIC

Consejo de Coordinacin Internacional

Council for Mutual Economic Assistance CMEA

Consejo de Asistencia Econmica Mutua CAEM

Council of Associations of Developing Countries ProducersExporters of Raw Materials

Consejo de Asociaciones de Pases en Desarrollo ProductoresExportadores de Materias Primas

Council of Europe

Consejo de Europa

Council of the Entente [Africa]

Consejo de la Entente

Council of the European Communities (Economic and Financial Affairs) ECOFIN

Consejo de las Comunidades Europeas (Asuntos Econmicos y Financieros) Consejo ECOFIN

Council of the European Union [EU] Council of Ministers

Consejo de la Unin Europea Consejo de Ministros

Council [IMF, AA]

Consejo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page273

English Councillor [AA II, Art. XII & VI, Schedule D]

Spanish consejero

Councillors, Alternates and Associates [IMF, Council]

consejeros, suplentes y asociados

Counsel (Taxation), Senior [IMF-LEG]

Asesor Jurdico Principal (Tributacin)

Counsel [IMF]

Abogado

Counsel, Consulting [IMF-LEG]

Consultor Jurdico

Counsel, Senior [IMF-LEG]

Abogado Principal

Counsellor (of the Fund) [IMF]

Consejero

Counsellor and Treasurer

Consejero (del FMI) y Tesorero

counter check

cheque de mostrador cheque de ventanilla

counterclockwise

rotacin a la izquierda, en sentido inverso al reloj

countercyclical action anticyclical measure

medida anticclica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page274

English countercyclical facility

Spanish servicio financiero anticclico

countercyclical policy

poltica anticclica poltica contracclica

counterfactual

contrario a los hechos, a la realidad ficticio

counterpart assets/liabilities [GFSM]

activos/pasivos de contrapartida [MEFP]

counterpart entry counterpart item

asiento de contrapartida contrapartida

counterpart fund [GMBS]

fondo de contrapartida

counterpart liabilities [GFSM]

pasivos de contrapartida [MEFP]

counterpart of first sale of antiques and other objects [SNA93]

contraparte de la primera venta de antigedades y otros objetos [SCN93]

counterpart of first sale of historical documents [SNA93]

contraparte de la primera venta de documentos histricos [SCN93]

counterpart of first sale of options [SNA93]

contraparte de la primera venta de opciones [SCN93]

counterpart sectors [SNA93]

sectores de contrapartida [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page275

English counterpart to allocation [BPM5]

Spanish contrapartida de la asignacin [MBP5]

counterpart to allocation/cancellation [IMF, BPM5]

contrapartida de asignacin/cancelacin

counterpart to monetization/demonetization of gold counterpart to monetization/demonetization

contrapartida monetizacin/desmonetizacin de oro contrapartida de monetizacin/desmonetizacin

counterpart to sdr allocation [IFS]

contrapartida de la asignacin de deg

counterpart to valuation changes [BPM5; IFS Descriptors] revaluation counterpart

contrapartida de variaciones por revalorizacin contrapartida de las variaciones por revaloracin contrapartida de variaciones de valoracin [MBP5]

counterpart [SNA93]

contraparte [SCN93]

Counterparty Risk Management Policy Group CRMPG Counterparty Risk Management Group Corrigan Group

Grupo de Gestin del Riesgo de Contraparte

counterparty [securities settlement systems]

contraparte [MEFP]

counterproductive

contraproducente

counterpurchase [trade]

compras de contrapartida

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page276

English countertrade [BPM5]

Spanish comercio de compensacin [MBP5]

countervailing duty antibounty duty

derecho compensatorio

countries of the far abroad [Russian Federation]

pases lejanos

countries with a diversified export base

pases con exportacin diversificada

countries with arrears and/or rescheduling during 1999-2003 [IMF, 2006 WEO classification]

pases que registraron atrasos y/o reprogramaron su deuda en 1999-2003

countries with recent debt-servicing difficulties

pases con dificultades recientes de servicio de la deuda

countries without recent debt-servicing difficulties

pases sin dificultades recientes de servicio de la deuda

country advisory committee [debt restructuring]

comit consultivo (para un pas)

country assistance management [IBRD] CAM

administracin de la ayuda a los pases

country brief [IBRD]

sinopsis de un pas sinopsis sobre un pas

country code [BPM5]

cdigo de pases

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page277

English country coordinator [GDDS]

Spanish coordinador nacional

Country Data Review Division [STA/CR]

Divisin de Examen de las Estadsticas por Pases

Country Director [IBRD]

Director a cargo de ... (pases)

Country Economic Data Division

Divisin de Estadsticas Econmicas por Pases

country economic memorandum [IBRD] CEM

memorando econmico (sobre un pas)

country evaluation system [IMF] CES

base de datos por pases

country exposure

exposicin a un pas cantidad prestada a un solo pas

Country Information System [IMF] CIS

Sistema de Informacin sobre los Pases Miembros del FMI CIS

country manager [IMF technical assistance]

administrador regional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page278

English country ownership borrower ownership program ownership ownership

Spanish identificacin de los pases con los programas identificarse con el programa sentido de propiedad de los prestatarios sentir el programa como propio autora del programa

country page [IFS]

pginas por pases pgina correspondiente a [pas] pginas de pases

country partnership strategy [World Bank] CPS country assistance strategy [IBRD] CAS

estrategia de asistencia a un pas estrategia de asistencia al pas

Country Policy and Institutional Assessment [World Bank] CPIA

evaluacin de las polticas e instituciones nacionales EPIN

country portfolio performance management [IBRD] CPPM

gestin de los resultados (de las operaciones) de la cartera en un pas

country portfolio performance review [IBRD] CPPR

examen de los resultados (de las operaciones) de la cartera en un pas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page279

English Country Procurement Assessment Report [World Bank] CPAR

Spanish diagnstico de los procedimientos de adquisiciones de los pases [IBRD] diagnstico de los procedimientos de adquisiciones de (nombre del pas) [IBRD] diagnstico de los procedimientos de adquisiciones del pas [IBRD] DPAP

country risk rating country rating

clasificacin crediticia de un pas

country risk [BPM5]

riesgo pas [MBP5]

country shares

participacin que corresponde a cada pas

country strategy brief [IMF]

documento de orientacin sobre la estrategia para un pas

country tables [IFS]

cuadro de datos por pas

country without payment arrears

pas sin pagos en mora

country-owned [strategy, program]

nacional formulado por el pas de inspiracin nacional

coupon bond

bono con cupones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page280

English coupon rate

Spanish tasa de inters nominal tasa de cupn

courier courier service package delivery company delivery service

mensajera, servicio de mensajera

covariance

covarianza

covariance analysis

anlisis de (la) covarianza

covariance matrix

matriz de covarianzas

covenant lite loan cov-lite

prstamo no sujeto a las condiciones tradicionales

covenant [London Club]

clusula (de un contrato) estipulaciones disposiciones

cover [export credit]

garanta de crdito a la exportacin

coverage adjustment [BPM5]

ajuste de cobertura

coverage ratio [BPM5]

coeficiente de cobertura

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page281

English coverage source [BPM5]

Spanish fuente de cobertura

coverage [IMF-EBB]

cobertura (de los datos) [MBP5; MEFP; SCN93] campo especfico de aplicacin [SCN93] campo de aplicacin extensin amplitud [SCN93]

covered bond mortgage bond

bono cubierto

covered interest rate arbitrage [exchange market] CIA

arbitraje de tasas de inters con cobertura

covered interest rate differential [exchange market]

diferencial de tasas de inters con cobertura diferencial de tasas de inters cubierto

Cowles Commission method

mtodo de la Cowles Commission

CPI bias(es) [CPI]

sesgo(s) del IPC

CPI development [CPI]

variaciones del IPC variacin del IPC variacin experimentada por el IPC desarrollo del IPC evolucin del IPC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page282

English CPI methodology [CPI]

Spanish metodologa de clculo del IPC metodologa del IPC

crack spread [Petroleum industry] gasoline crack spread

crack spread

cramdown

reorganizacin forzosa cramdown

crawling basket

cesta mvil canasta mvil

crawling peg adjustable peg fixed but adjustable exchange rate

tipo de cambio mvil paridad mvil paridad ajustable tipo de cambio fijo pero ajustable sistema de paridad cambiaria mvil

creation (of SDRs) [IMF]

creacin (de DEG)

creation of economic assets [GFSM 2001]

creacin de activos econmicos

Creative Services Team [TGS/DG/CS]

Grupo de Servicios Creativos

Credentials Officer [IMF, Annual Meetings]

Oficial de la Verificacin de Credenciales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page283

English credentials letter of accreditation letter of credentials

Spanish credenciales cartas credenciales

credibility

credibility

credit

crdito [SCN93] abono

credit (column) [accounting]

haber

credit (item) [accounting]

haber crdito

credit an account with an amount credit an amount to an account

acreditar una suma en una cuenta abonar en cuenta

credit and debit cards used by travelers [BPM5]

tarjetas de crdito y de dbito usadas por viajeros

credit arrangement [IMF]

acuerdo de crdito

credit balance

saldo acreedor

credit ceiling credit limit lending ceiling

tope de crdito lmite de crdito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page284

English credit commitment [FSIG]

Spanish compromiso de crdito [GISF]

credit constraint

restriccin del crdito

credit conversion factor [BIS Capital Accord]

factor de conversin del crdito

credit cooperative [GMBS]

cooperativa de crdito

credit crunch credit squeeze credit freeze tightening of credit

compresin del crdito restriccin pronunciada del crdito escasez de crdito contraccin del crdito

credit default swap CDS

swap de riesgo de incumplimiento del deudor swap de proteccin contra deudas impagas swap de deuda impaga swap de incumplimiento crediticio swap de riesgo de incumplimiento de crdito swap de riesgo de crdito

credit derivative

instrumento derivado sobre crditos [GISF; MBP6]

credit downgrade

rebaja de la calificacin crediticia

credit easing

flexibilizacin del crdito

credit entry [accounting]

asiento de crdito abono

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page285

English credit equivalent amount [BIS Capital Accord]

Spanish monto equivalente de crdito

credit event

incumplimiento del crdito (por bancarrota, cesacin de pagos, reestructuracin, etc)

credit expansion

expansin crediticia, del crdito

credit exposure [BIS]

riesgo de crdito [GISF] exposicin crediticia [GISF]

credit freeze security freeze

restriccin del acceso al informe crediticio

credit from central bank [IFS]

crdito del banco central

credit from commercial banks [IFS]

crdito de bancos comerciales

credit from Fund and Fund administered resources [IFS]

crdito del Fondo y recursos administrados por el Fondo

credit from monetary authorities [IFS; GMBS]

crdito de las autoridades monetarias

credit from monetary system [IFS]

crdito del sistema monetario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page286

English credit from postal saving system [IFS]

Spanish crdito del servicio de ahorro postal

credit growth

crecimiento del crdito

credit policy

poltica crediticia poltica de crdito

credit rating

calificacin crediticia

credit rating agency [corporations] credit agency mercantile agency international rating agency rating agency rating services

agencia calificadora del riesgo crediticio entidad de calificacin del riesgo crediticio calificadora de riesgo

credit rationing

racionamiento del crdito

credit risk indicator CRI

indicador del riesgo de crdito

credit risk [FSIG] counterparty risk

riesgo de crdito [GISF] riesgo de contraparte riesgo de incumplimiento de la contraparte riesgo crediticio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page287

English credit spread

Spanish diferencial de crdito diferencial crediticio margen crediticio diferencial de tasas de prstamos

credit tranche drawing [IMF]

giro en los tramos de crdito compra en los tramos de crdito

Credit Tranche Enlarged Access [IMF] CTEA

acceso ampliado en los tramos de crdito TCAA

Credit Tranche Fund Resources [IMF] CTFR

Tramo crdito recursos Fondo TCRF

credit tranche policies [IMF]

poltica relativa a los tramos de crdito poltica de tramos de crdito

credit tranche position

posicin en el tramo de crdito saldo en el tramo de crdito

credit tranche purchase [IMF]

compra en los tramos de crdito

credit tranche [IMF]

tramo de crdito

credit tranche: ear [IFS]

tramo de crdito: pma

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page288

English credit tranche: ordinary [IFS]

Spanish tramo de crdito ordinario

credit transfer system [securities settlement systems]

sistema de transferencia de crdito

credit underwriting

aseguramiento del crdito seguro de crdito

credit union cooperative savings association

cooperativa de crdito cooperativa de ahorro y crdito cooperativa de ahorro caja de crdito

credit with guaranty of documents [SNA93]

crdito con garanta de documentos [SCN93]

credit-enhanced obligation [securities] enhanced obligation

obligacin reforzada

credit-linked note CLN

pagar vinculado con crditos

creditor approach creditor approach to interest expense

perspectiva del acreedor

creditor bank

banco acreedor

creditor country

pas acreedor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page289

English creditor group

Spanish grupo de acreedores

creditor position in the IMF [IMF] reserve position in the IMF reserve position in the Fund [BPM5; IFS] RPF

saldo acreedor en el FMI posicin de reserva en el FMI [MBP5] saldo de reserva en el FMI posicin de reserva en el Fondo

creditor position asset position

saldo acreedor posicin acreedora

creditor reporting system CRS

sistema de notificacin de la deuda por el acreedor Sistema de notificacin (de la deuda) por parte de los pases acreedores sistema de notificacin de los pases acreedores de la OCDE [MBP5]

creditor [GFSM; SNA93]

acreedor [MEFP; SCN93]

creditors' committee [insolvency, UK]

comit de acreedores

creditor's meeting [bankruptcy]

reunin de acreedores junta de acreedores

creditworthiness credit standing

solvencia capacidad crediticia

creeping inflation (steady) persistent inflation

inflacin latente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page290

English crews of carriers [BPM5]

Spanish tripulantes de medios de transporte [MBP5]

criminalize, to

tipificar como delito

crisis bystanders

pases afectados indirectamente por la crisis

crisis resolution

resolucin de crisis

Crisis Resolution Issues Division [SPR/CR] CRI

Divisin de Asuntos relativos a la Resolucin de Crisis

critical mass

masa crtica

critical region

regin crtica

critical value

valor crtico

criticized asset

activo de muy baja calificacin

crony capitalism

capitalismo amiguista capitalismo prebendario capitalismo de camarilla capitalismo de compadrazgo

cronyism

amiguismo

crop diversification project [IBRD]

proyecto de diversificacin de cultivos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page291

English crop year

Spanish campaa campaa agrcola ao agrcola

cross border accounts [BPM5]

cuentas extrafronterizas [MBP5] cuentas trasnacionales [MBP5]

Cross Border Initiative [AfDB] CBI

Iniciativa de Integracin Regional IIR Iniciativa Transnacional

cross debts

deudas cruzadas

cross elasticity

elasticidad cruzada

cross rate

tipo de cambio cruzado

cross-border acquisitions

adquisiciones transfronterizas

cross-border asset

activo exterior activo externo

cross-border claim transborder claim transborder interbank claim

crdito externo crdito sobre el exterior crdito interbancario transfronterizo crdito exterior

cross-border coordination

coordinacin internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page292

English cross-border flows cross-border financial flows

Spanish flujos transfronterizos flujos financieros transfronterizos

cross-border investment

inversin en otras economas [BOP Manual p. 330]

cross-border lending foreign lending

prstamos al exterior prstamos a no residentes

cross-border links

vnculos transfronterizos [WHD REO]

cross-border risk

riesgo externo riesgo exterior

cross-border spillovers

efectos de contagio transfronterizos

cross-clasification table [SNA93]

tabla de doble entrada [SCN93] cuadro de doble entrada [SCN93]

cross-classification multiple classification [statistics]

clasificacin cruzada [SCN93] clasificacin mltiple clasificacin de doble entrada

cross-collateralization

garantas cruzadas

cross-conditionality [IMF-IBRD]

condicionalidad cruzada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page293

English cross-constraints

Spanish restricciones cruzadas

cross-correlogram

correlograma cruzado

cross-country analysis cross-country review cross-country study

anlisis comparativo de pases anlisis multinacional estudio multinacional estudio de varios pases estudio transnacional

Cross-country Report

informe de alcance transnacional informe transnacional

cross-country spillovers

contagio entre pases

cross-cumulants

acumulantes cruzados

cross-currency interest rate swap interest and cross-currency swap

swap cruzado de divisas e intereses

cross-currency warrant

certificado para compra indirecta de moneda

cross-cutting issue

problema trascendental cuestin interrelacionada cuestin intersectorial

cross-default clause [London Club]

clusula de incumplimiento cruzado

crossed check

cheque cruzado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page294

English crossed-weight index

Spanish ndice de ponderacin cruzada

cross-elasticity of demand CED

elasticidad cruzada de la demanda

cross-periodogram

periodograma cruzado

cross-products of deviations

productos de las desviaciones

cross-section analysis cross-sectional study

anlisis transversal anlisis de corte transversal anlisis de seccin transversal

cross-section series [statistics]

serie de corte transversal

cross-sectional data [statistics] cross-section data

datos de corte transversal

cross-shareholding cross-participation

participacin accionaria cruzada participacin mutua

cross-subsidization

subsidios cruzados

crowd out

desplazar excluir

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page295

English crowded trade concentration of market positions concentration of positions herding

Spanish concentracin de posiciones

crowding-in effect

efecto de atraccin

crowding-out effect crowding out of private investment

efecto de desplazamiento efecto de desplazamiento de la inversin privada efecto de expulsin efecto de exclusin

crude elimination (trends)

eliminacin bruta

crude petroleum production [IFS]

produccin de petrleo crudo

crude series

serie bruta

CSO Townhall Meetings

Encuentros de las OSC con funcionarios del FMI

CTRL [key] Control Key CTRL

Control, tecla de

cultivated assets [GFSM 2001, SNA 1993]

activos cultivados [MEFP; SCN93]

cultivated fixed natural growth assets [SNA93]

crecimiento natural de activos fijos cultivados [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page296

English cultivated land [SNA93]

Spanish tierras cultivadas [SCN93]

cultural services [GFSM]

servicios culturales [MEFP]

cumulant generating function

funcin generatriz de acumulantes

cumulative amount [AA]

cantidad acumulativa

cumulative frequency

frecuencias acumulativas

cumulative frequency curve

curva de frecuencias acumulativas

cumulative frequency distribution

distribucin de frecuencias acumulativas

cumulative frequency function

funcin de frecuencias acumulativas

cumulative net drawings [IMF]

giros netos acumulados

curb market [SNA93] curb kerb market [UK]

mercado informal [SCN93]

curbing intervention

intervencin de contencin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page297

English currencies and securities with depositories [IMF]

Spanish monedas y valores en poder de depositarias

currency acceptable to the Fund [IMF]

moneda aceptable para el FMI

currency alignment

alineacin de las monedas alineamiento de los tipos de cambio

currency and deposits

dinero legal y depsitos billetes y monedas y depsitos moneda y depsitos

currency basket basket of currencies

cesta de monedas canasta de monedas

currency bloc

bloque monetario

currency board arrangement [IMF exchange rate classification system, 2006] CBA currency board [GFSM]

rgimen de caja de conversin rgimen de convertibilidad [ARG] caja de conversin junta monetaria [MEFP]

currency budget [IMF]

presupuesto de monedas

currency component [IMF]

componente monetario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page298

English currency composite composite of currencies

Spanish unidad monetaria compuesta

currency composition

composicin monetaria composicin por monedas [BPM6]

currency conversion [BPM5]

conversin de monedas cambio de la denominacin monetaria de la deuda conversin de la deuda a otra moneda

currency convertibility

convertibilidad de la moneda

currency convertible in fact [IMF]

moneda convertible de hecho

currency crash

desplome de una moneda

currency crisis

crisis cambiaria

currency holdings [IMF] IMF holdings of currencies Fund holdings of currencies currencies held by the Fund [IMF]

tenencias de monedas [P45] tenencias del FMI de monedas monedas en poder del FMI

currency in circulation

numerario en circulacin dinero en circulacin billetes y monedas en circulacin efectivo en circulacin circulacin fiduciaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page299

English currency issue

Spanish emisin monetaria

currency liabilities

pasivos monetarios

currency mismatch [FSIG]

descalce de monedas [GISF] discordancia entre la moneda de denominacin de los activos y pasivos

currency option bond

bono con opcin de cambio

currency outside banks cash outside banks

billetes y monedas en circulacin billetes en poder del pblico efectivo en circulacin efectivo en manos del pblico dinero en circulacin

currency pool [IBRD]

fondo comn de monedas

currency redenomination

cambio de la unidad monetaria redenominacin monetaria reexpresin monetaria

currency risk [FSIG]

riesgo cambiario [GISF]

currency substitution

sustitucin de monedas

currency swap

swap de monedas canje de monedas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page300

English currency union

Spanish unin monetaria

Currency Union Technical Expert Group CUTEG

Grupo de Expertos Tcnicos en Uniones Monetarias GETUM

currency unit

unidad monetaria

currency valuation adjustment [IMF, accounts] CVA valuation adjustment

ajuste de valoracin ajuste de valoracin de la moneda ajuste por valuacin

currency war

guerra de monedas guerra de divisas

currency warrant

certificado para compra de moneda

currency [BPM5; BPM6; GFSM; SNA93]

dinero [SCN93] moneda [MBP5; SCN93] circulante [SCN93] numerario dinero legal [SCN93] billetes y monedas en circulacin [SCN93] billetes y monedas [MBP6; MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page301

English currency-deposits ratio [commercial banks]

Spanish razn moneda/depsitos

current account

cuenta corriente

current account balance balance on current account

balanza en cuenta corriente saldo por cuenta corriente saldo de la balanza de pagos en cuenta corriente [MBP5] saldo de la balanza en cuenta corriente [MBP5] saldo en cuenta corriente [MBP5] balanza corriente

current account convertibility

convertibilidad de la cuenta corriente convertibilidad de los saldos de la cuenta corriente convertibilidad de la moneda a los efectos de las transacciones corrientes

current account deficit

dficit en cuenta corriente

current account deficits

dficits en cuenta corriente

current account deposits [SNA93]

depsitos en cuenta corriente [SCN93]

current account position

saldo de la cuenta corriente

current account surplus with receipt of current grants (saving) [GFSY]

supervit en cuenta corriente con entrada de donaciones corrientes (ahorro)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page302

English current account surplus without receipt of grants (own saving) [GFSY]

Spanish supervit en cuenta corriente sin entrada de donaciones (ahorro propio)

current account surplus/deficit [GFSY]

supervit/dficit en cuenta corriente [Amrica Latina] supervit/dficit por cuenta corriente [Espaa]

current actual outlays [CPI]

gastos corrientes y efectivos

Current Agricultural Research Information System [FAO] CARIS

Sistema de Informacin sobre las Investigaciones Agronmicas en Curso

current asset short-term asset

activos corrientes activos realizables a corto plazo

current balance of payments [BPM5]

balanza de pagos en cuenta corriente [MBP5]

current budget

presupuesto corriente presupuesto ordinario

current capital net current assets working capital [SNA93]

capital de trabajo [SCN93] capital circulante capital de explotacin [SCN93]

Current Communications Division

Divisin de Comunicaciones Peridicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page303

English current cost accounting [GBR] CCA

Spanish contabilidad en base a valores corrientes

current disbursement [retirement; social security]

gasto corriente

current ESAF

SRAE actual

current expenditure

gasto corriente gasto ordinario

current external balance [BPM5; BPM5; SNA; SNA93]

saldo corriente con el exterior [SCN93] balance externo corriente [MBP5]

current grants

subvenciones corrientes donaciones corrientes

current international cooperation [BPM5; BPM6; SNA93]

cooperacin internacional corriente [MBP6; SCN93] cooperacin internacional actual [MBP5]

current liability short-term liability current debt

pasivo corriente pasivo disponible pasivo realizable a corto plazo pasivo a corto plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page304

English current losses in inventories of finished goods and work-inprogress [SNA93]

Spanish prdidas corrientes en las existencias de bienes terminados y trabajos en curso [SCN93]

current losses in inventories of goods for resale

prdidas corrientes en las existencias de bienes para reventa [SCN93]

current losses in inventories [SNA93]

prdidas corrientes en las existencias [SCN93]

current losses of inventories of materials and supplies [SNA93]

prdidas corrientes en las existencias de materiales y suministros [SCN93]

current market price (value) [GFSM]

precio (valor) de mercado corriente [MEFP]

current maturities

vencimientos corrientes deuda que vence durante el perodo corriente

current operating performance [BPM5]

el resultado corriente de sus operaciones [MBP5]

current policies scenario

escenario basado en las polticas actuales

current prices in current prices at current prices [CPI]

expresados en precios corrientes a precios corrientes precios corrientes

Current Publications Division

Divisin de Publicaciones Peridicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page305

English current ratio

Spanish coeficiente de solvencia inmediata coeficiente de liquidez inmediata

current repairs and maintenance [SNA93]

mantenimiento y reparaciones corrientes [SCN93]

current replacement cost replacement cost

costo de reposicin [MBP5] costo corriente de reposicin [MBP5]

current revenue [GFSY] current receipts [SNA93] CR

ingresos corrientes [SCN93]

Current Studies Division [IMF-RES]

Divisin de Estudios Econmicos Internacionales

current taxes on income

impuestos corrientes sobre el ingreso

current taxes on wealth

impuestos corrientes a la riqueza

current taxes [SNA93]

impuestos corrientes [SCN93]

current transaction

transaccin corriente

current transfer

transferencia corriente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page306

English current transfer balance [BPM5]

Spanish balanza de transferencias corrientes [MBP5]

current transfer payments/receipts

pagos/ingresos de transferencias corrientes

current transfers in kind from the rest of the world [SNA93]

transferencias corrientes en especie del resto del mundo [SCN93]

current transfers to the rest of the world [SNA93]

transferencias corrientes al resto del mundo [SCN93]

current transfers within general government [SNA93]

transferencias corrientes dentro del gobierno general [SCN93]

current U.S. dollar

dlar de EE.UU. corriente

current value present value

valor actual valor presente

current year [multiyear budgeting]

ao corriente

current, to be [IMF]

estar al corriente cumplir estar al da

current, to become

ponerse al da

current, to remain

mantenerse al da

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page307

English current-weighted index Paasche index

Spanish ndice de Paasche ndice ponderado en funcin del perodo corriente ndice en magnitudes del perodo corriente

curve

curva

cushion [HIPC; FSIG] safety cushion

amortiguacin margen de seguridad [GISF] amortiguador

custodian bank [asset management]

banco de custodia banco custodio

custody account [GMBS] custodian account

cuenta en custodia

custody [securities settlement systems]

custodia

custom bills [IFS]

letras por derechos de aduana

custom [SNA93]

aduana [SCN93]

customary business practices

prcticas comerciales habituales usos comerciales

customer deposits to total (noninterbank) loans [FSIG]

depsitos de clientes/cartera total (no interbancaria) [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page308

English customer [securities settlement systems]

Spanish cliente

customs administration

administracin de aduanas administracin aduanera

customs and other import duties [GFSM]

derechos de aduana y otros derechos de importacin [MEFP]

customs areas of the world [BPM5]

territorios aduaneros del mundo [MBP5; UN]

customs bond

fianza de aduanas garanta aduanera

customs bonded manufacturing plants [BPM5]

fbricas bajo control aduanero [MBP5]

customs bonded warehouse bonded warehouse

depsito de aduana [MBP5] almacn bajo control aduanero [MBP5] depsito bajo control aduanero [MBP5] recinto fiscal

customs clearance

despacho de aduanas [MBP5]

customs clearance procedure

trmites aduaneros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page309

English Customs Co-operation Council CCC

Spanish Consejo de Cooperacin Aduanera CCA

customs documentation [GATT]

documentos presentados a la aduana

customs drawbacks [GFS 1986]

devolucin (de cargas a la importacin)

customs duty

derecho aduanero derecho de aduanas

customs duty bill

letra de aduana garantizada

customs frontier

frontera aduanera [MBP5]

customs manufacturing zones [BPM5]

zonas industriales bajo control aduanero [MBP5]

customs returns

estadsticas aduaneras [MBP5]

Customs Services Fee TSA customs fee

tarifa de servicios aduaneros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page310

English customs tariff tariff [SNA93]

Spanish derechos de aduana tarifa [SCN93] arancel [SCN93] arancel aduanero arancel de aduanas

customs union tariff union

unin aduanera unin arancelaria

customs valuation

valoracin en aduana aforo aduanero valoracin aduanera [MBP5]

cutback(s) [fiscal policy]

reduccin del gasto pblico

cutoff date [Paris Club]

fecha lmite fecha de corte

cutoff sampling [statistics]

muestreo por valores umbrales

cuts in expenditures

reduccin de gastos

cyclical balance

saldo cclico

cyclical factors

factores cclicos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page311

English cyclical influence

Spanish influencia cclica influencia del ciclo

cyclical position

posicin en el ciclo econmico

cyclical situation

situacin coyuntural

cyclical unemployment

desempleo cclico

cyclically adjusted

ajustado en funcin del ciclo ajustado en funcin de las variaciones cclicas

cyclically neutral budget

presupuesto cclicamente neutro presupuesto neutro con respecto a la fase del ciclo

cyclically-adjusted fiscal balance CAB

saldo fiscal ajustado en funcin del ciclo econmico

Czechoslovakia CSK

Checoslovaquia

DAC reporting directives [BPM5]

directivas de elaboracin de informes estadsticos del CAD [MBP5]

daily rate [exchange rates]

tipo (de cambio) diario

damped

amortiguado

damped sinusoidal function

funcin sinusoidal amortiguada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page312

English Danish International Development Agency

Spanish Organismo Dans de Desarrollo Internacional

Data and Information Systems Section [RES/WO/DI]

Seccin de Datos y Sistemas de Informacin

data base management

gestin de bancos de datos, de bases de datos

data category [GDDS]

categora de datos

data dimension [GDDS]

dimensin datos

data dissemination

divulgacin de datos

Data Dissemination Standards Division [STA/DD]

Divisin de Normas para la Divulgacin de Datos

data entry [IT] data input data capture logging

entrada de datos carga de datos consignacin de datos registro de datos

data file

archivo de datos fichero de datos

data file management

gestin de ficheros de datos

Data Fund(, IMF) [IMF-STA]

banco de datos (del FMI)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page313

English data item [BPM5]

Spanish partida [MBP5]

data items collected [BPM5]

partidas recopiladas

Data Management Assistant [IMF]

Auxiliar de Gestin de Datos

Data Management Officer, Senior [IMF]

Oficial Principal de Gestin de Datos

data models [BPM5]

modelos de datos

data providers data reporters respondents

declarantes de datos

Data Quality Assessment Framework [IMF, DSBB] DQAF

Marco de Evaluacin de la Calidad de los Datos [MBP6] MECAD

Data Quality Assessment Program [IMF] DQAP

Programa de Evaluacin de la Calidad de los Datos

Data Quality Reference Site [IMF, DSBB]

sitio de referencia sobre la calidad de los datos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page314

English data reporting [IMF-STA] reporting [IMF-STA]

Spanish declaracin de datos

data source [BPM5] source of data

fuente de datos fuente de informacin

Data Standards Initiative [IMF] Standards Initiative

Iniciativa sobre normas de datos

Data Template on International Reserves and Foreign Currency Liquidity reserves data template [GDDS] reserve template

Planilla de declaracin de datos sobre las reservas internacionales y la liquidez en moneda extranjera planilla de declaracin de datos sobre reservas planilla de reservas internacionales

database data bank

base de datos banco de datos

dataset-specific quality assessment framework dataset-specific framework specific assessment framework

marco especfico de evaluacin de la calidad de los datos

date of record [GFSM]

fecha de registro [MEFP]

dated bond

bono de vencimiento fijo, a plazo fijo

dated security

ttulo con vencimiento fijo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page315

English dation in payment

Spanish adjudicacin en pago pago en especie dacin en pago

day trade day trading daylight trade

contratacin intrada operaciones intrada comercio diario de acciones (por Internet) especulacin burstil a travs (de Internet) juego de bolsa (por Internet) negociacin intrada

day trader

day trader operador intrada especulador burstil (a travs de Internet)

daybook [accounting]

libro diario

daylight credit daily overdraft daylight exposure intraday credit

crdito intrada crdito intradiario

de facto pegging

tipo de cambio fijo de facto

de minimis clause [Paris Club]

clusula de minimis

de minimis level [Paris Club]

mnimo reprogramable nivel de minimis

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page316

English deadweight loss efficiency loss

Spanish perdida de eficiencia

dealer [USA] jobber [GBR]

operador de valores operador burstil

Dean [IMF Executive Board]

decano

death duties [BPM5; SNA93]

derechos de sucesin [MBP5; SCN93]

death rate

tasa de mortalidad

Deauville Partnership with the Middle East Deauville Partnership

Asociacin de Deauville

debatable assumption

hiptesis discutible

debenture debt

deuda en bonos deuda en obligaciones

debenture holder

obligacionista

debenture [GBR; USA]

obligacin debenture obligacin sin garanta especfica [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page317

English debit

Spanish adeudo dbito cargo

debit (column) [accounting]

debe

debit (item) [accounting]

debe dbito

debit an account with an amount debit an amount to an account

debitar una suma en una cuenta adeudar en cuenta

debit balance

saldo deudor

debit card

tarjeta de dbito tarjeta de cargo

debit entry [accounting]

cargo asiento de dbito adeudo

debit transfer system [securities settlement systems] debit collection system

sistema de transferencia de dbito

debriefing [IMF]

sesin informativa al regreso de una misin

debt

deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page318

English debt (at market value) [GFSM]

Spanish deuda (a valor de mercado) [MEFP]

debt (at nominal value) [GFSM]

deuda (a valor nominal) [MEFP]

debt agreement

acuerdo sobre la deuda, relativo a la deuda

debt amortization amortization

amortizacin de la deuda amortizacin

Debt and Capital Market Instruments Division

Divisin de Instrumentos de Deuda y del Mercado de Capitales

debt and debt service reduction operation DDSR operation market-based DDSR operation [debt, London Club]

operacin de reduccin del saldo y el servicio de la deuda

debt and debt service reduction DDSR

reduccin del saldo y el servicio de la deuda

Debt and Program Financing Issues Division

Division de Cuestiones relativas a la Deuda y el Financiamiento de Programas

debt assets debt claims

activos de deuda

debt bias

sesgo a favor de la deuda

debt burden

carga de la deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page319

English debt capital loan capital

Spanish capital obtenido en prstamo recursos ajenos

debt ceiling

tope de endeudamiento

debt collateralized by real estate [FSIG]

deuda con garanta inmobiliaria [GISF]

debt collection debt recovery

cobro de deudas

debt consolidation operations [GMBS]

operaciones de consolidacin de la deuda

debt consolidation debt funding funding

consolidacin de la deuda consolidacin

debt conversion bond DCB

bono de conversin de la deuda

debt conversion [Paris Club] debt swap debt-debt swap bond swap

conversin de la deuda canje de deudas canje de ttulos de deuda swap de una deuda por otra swap de deuda

debt covenant covenant

clusulas contractuales compromiso contractual

debt disbursed and outstanding

crdito desembolsado y pendiente de reembolso saldo de la deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page320

English debt dynamics

Spanish dinmica de la deuda

debt fatigue

fatiga causada por la deuda

debt financing debt finance

financiamiento mediante deuda financiamiento mediante el endeudamiento

debt for aid swap [Paris Club]

canje de deuda por programas de asistencia

debt for children plan [Bolivia]

plan de canje de deuda por programas a favor de la infancia

debt for development swap

canje de la deuda por financiamiento para el desarrollo

debt for education swap

conversin de la deuda en programas de educacin

debt for environment swap

canje de la deuda por medidas de proteccin ambiental

debt for equity swap market

mercado de conversin de la deuda en capital mercado de capitalizacin de la deuda

debt for nature swap [Paris Club]

canje de la deuda por medidas de proteccin de la naturaleza canje de la deuda por medidas de proteccin de los recursos naturales

debt forgiveness debt cancellation cancellation of debt forgiveness

condonacin de la deuda cancelacin de la deuda remisin de la deuda anulacin de deudas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page321

English debt holder

Spanish tenedor de un instrumento de deuda acreedor

debt in bearer form bearer debt

deuda al portador

debt in registered form registered debt

ttulos nominativos

debt induced deflation debt deflation

deflacin debida a la deuda

debt intolerance

intolerancia a la deuda

debt liabilities [FSIG]

pasivos de deuda [GISF]

debt management

gestin de la deuda

Debt Management and Financial Analysis System [UNCTAD] DMFAS

Sistema de Gestin y Anlisis de la Deuda SIGADE

debt management office [BPM5]

dependencia encargada de la gestin de la deuda [MBP5]

debt moratorium [London Club] debt standstill payments standstill

moratoria de la deuda moratoria de pagos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page322

English debt obligations

Spanish obligaciones de deuda

debt overhang

sobreendeudamiento [MBP5]

Debt Policy Division [IMF-<a href=mcTermLink|296b855f-7751-42c2-b180d6b2e285bab0|9f3138ff-ea1f-42de-a9b4-df11dfb8c9ed class=FieldValue>SPR</a>]

Divisin de Poltica de Deuda

debt portfolio

cartera de ttulos de deuda

debt principal principal

capital de la deuda principal

debt profile

perfil de la deuda

debt ratio

coeficiente de endeudamiento

Debt Reduction Facility for IDA-Only Countries [IBRD] IDA Debt Reduction Facility

Fondo para la reduccin de la deuda de pases que solo pueden recibir financiamiento de la AIF

debt reduction fund [IBRD] multilateral debt facility MDF

fondo para la reduccin de la deuda fondo multilateral para la reduccin de la deuda

debt reduction loan [IBRD]

prstamo para la reduccin de la deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page323

English debt reduction operations DROPS

Spanish operaciones de reduccin de la deuda

debt refinancing

refinanciacin de la deuda refinanciamiento de la deuda [MBP6]

debt relief

alivio de la deuda alivio de la carga de la deuda

Debt Relief for Low-Income Countries: The Enhanced HIPC Initiative

Alivio de la deuda para los pases de bajo ingreso: Iniciativa reforzada para los pases pobres muy endeudados

debt relief received [IFS]

ayuda recibida para alivio de la deuda

debt reorganization

reorganizacin de la deuda

debt reporting system [IMF]

sistema de notificacin de la deuda por el deudor [MBP5]

debt reprofiling [Paris Club] reprofiling

reestructuracin del perfil de la deuda

debt repudiation [GFSM]

repudio de la deuda [MEFP]

debt restructuring and rescheduling [GFSM]

reestructuracin y reprogramacin de deuda [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page324

English debt restructuring debt reconstruction restructuring

Spanish reestructuracin de la deuda

debt securities issued by affiliated enterprises [BPM5]

ttulos de deuda emitidos por empresas filiales [MBP5]

debt securities issued by direct investors [BPM5]

ttulos de deuda emitidos por inversionistas directos [MBP5]

debt security debt instrument

ttulo de deuda [MBP5; MBP6; MEFP; GISF] instrumento de deuda ttulo de renta fija

debt service payment service payment

pago de servicio de la deuda pago por servicio de la deuda

debt service ratio

coeficiente del servicio de la deuda

debt service schedule

calendario de servicio de la deuda

debt service structure [SNA93]

estructura del servicio de la deuda [SCN93]

debt service debt servicing [SNA93]

servicio de la deuda [SCN93]

debt service-to-export ratio debt service-to-exports ratio [HIPC Initiative]

relacin entre el servicio de la deuda y la exportacin razn servicio de la deuda/exportacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page325

English debt sold by auction

Spanish deuda negociada en subasta

Debt Stocks, Debt Flows and the Balance of Payments [IMF-STA]

Saldos y flujos de deuda y la balanza de pagos

debt strategy

estrategia ante la deuda, frente a la deuda

debt sustainability

sostenibilidad de la deuda viabilidad de la deuda sustentabilidad de la deuda

debt sustainability analysis template [IMF] debt sustainability template DSA template

planilla de anlisis de la sostenibilidad de la deuda planilla de ASD

debt sustainability analysis [IMF] DSA

anlisis de sostenibilidad de la deuda anlisis de la viabilidad de la deuda

debt sustainability framework DSF

marco de sostenibilidad de la deuda

debt sustainability threshold

umbral de sostenibilidad de la deuda umbral de viabilidad de la deuda

debt trap

trampa de la deuda

debt workout meeting [HIPC Initiative]

reunin sobre la reestructuracin de la deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page326

English debt workout debt renegotiation workout

Spanish renegociacin de la deuda

debt write-down

reduccin de deuda

debt: foreign currency [IFS]

deuda en moneda extranjera

debt: foreign [IFS]

deuda externa

debt: in [name of currency]

deuda en moneda nacional

debt-bond exchange debt-bond swap

canje de deuda por bonos operacin de intercambio de deuda por bonos swap de deuda por bonos

debt-creating flows

corrientes generadoras de deuda, que crean deuda

debt-distressed country severely indebted country

pas sobreendeudado pas abrumado por la deuda pas agobiado por la deuda

debt-distressed situation debt distress

situacin crtica causada por el sobreendeudamiento

debt-equity ratio

coeficiente de endeudamiento razn deuda/capital propio relacin deuda/capital propio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page327

English debt-equity swap [Paris Club] debt for equity swap debt for equity conversion conversion of debt into equity debt-to-equity swap

Spanish conversin de deuda en capital conversin de la deuda en capital capitalizacin de la deuda swap de deuda por capital conversin de la deuda externa en capital accionario capitalizacin de la deuda externa

debt-export ratio debt-to-exports ratio

relacin entre la deuda y la exportacin razn deuda/exportacin

debtor

deudor

debtor approach debtor approach to interest expense

perspectiva del deudor [GFSM 2001]

debtor country

pas deudor

debtor currency

moneda del pas deudor

debtor in possession

deudor en proceso de reorganizacin (o en proceso concursal) que conserva la posesin y administracin de sus bienes

debtor position liability position

saldo deudor posicin deudora posicin de pasivo [MBP5]

Debtor Reporting System, World Bank [IBRD] DRS

Sistema de Notificacin de la Deuda al Banco Mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page328

English debtor sectors [SNA93]

Spanish sectores deudores [SCN93]

debtor/creditor approach [GFSM]

perspectiva del deudor/acreedor [MEFP]

debtor/creditor principle [BPM5; BPM6]

principio del deudor y acreedor [MBP6] criterio del deudor/acreedor [MBP5]

debtor/transactor principle [BPM5]

criterio del deudor/contraparte [MBP5]

debtor-in-possession financing DIP financing

financiamiento posterior a la apertura del proceso concursal

debt-reduction package debt-reduction plan

plan de reduccin de la deuda

debt-service insurance

seguro de servicio de la deuda garanta del servicio de la deuda

debt-servicing capacity

capacidad de servicio de la deuda capacidad para atender el servicio de la deuda

decapitalization

descapitalizacin

decentralization

descentralizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page329

English decentralized agency [GFS 1986]

Spanish organismo descentralizado

decile [statistics]

decil

decimal point, location of the

lugar de la coma

decision function

funcin de decisin

decision maker

autoridad decisoria responsable de adoptar decisiones

decision making (process)

proceso decisorio proceso de toma de decisiones

Decision on Bilateral and Multilateral Surveillance Integrated Surveillance Decision ISD

Decisin sobre la Supervisin Bilateral y Multilateral Decisin sobre la Supervisin Integrada DSI

Decision on Bilateral Surveillance over Members' Policies [IMF]

Decisin sobre la Supervisin Bilateral de las Polticas de los Pases Miembros [FMI]

decision point [IMF; HIPC Initiative]

punto de decisin

decision [IMF]

decisin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page330

English Declaration and Plan of Action on Industrial Development and Co-Operation [UNIDO]

Spanish Declaracin y Plan de Accin sobre Desarrollo Industrial y Cooperacin

Declaration and Programme of Action for the Establishment of a New International Economic Order

Declaracin y Programa de Accin sobre el Establecimiento de un Nuevo Orden Econmico Internacional

declaration of censure [IMF overdue financial obligations] censure

declaracin de censura censura

Declaration of Environmental Policies and Procedures Relating to Economic Development [UN]

Declaracin de Polticas y Procedimientos Ambientales Relativos al Desarrollo Econmico

declaration of ineligibility [IMF]

declaracin de inhabilitacin

declaration of intent

declaracin de intencin

declaration of noncooperation [IMF]

declaracin de no cooperacin declaracin de falta de cooperacin

Declaration of principles on interim self-government arrangements

Declaracin de Principios sobre las Disposiciones Relacionadas con un Gobierno Autnomo Provisional

Declaration on Cooperation to Strengthen the Global Expansion [Interim Committee] Madrid Declaration

Declaracin sobre la cooperacin para reforzar la expansin mundial Declaracin de Madrid

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page331

English Declaration on International Economic Cooperation, in particular the Revitalization of Economic Growth and Development of the Developing Countries [UN] Declaration on International Economic Cooperation

Spanish Declaracin sobre la cooperacin econmica internacional, y en particular, la reactivacin del crecimiento econmico y el desarrollo de los pases en desarrollo Declaracin sobre la cooperacin econmica internacional

Declaration on International Economic Relations [GATT]

Declaracin sobre Relaciones Econmicas Internacionales

Declaration on Measures to Eliminate International Terrorism

Declaracin sobre medidas para eliminar el terrorismo internacional Declaracin sobre medidas para eliminar el terrorismo internacional

Declaration on the protection of all persons from being subjected to torture and other cruel, inhuman or degrading treatment or punishment [UN]

Declaracin sobre la proteccin de todas las personas contra la tortura y otros tratos o penas crueles, inhumanos o degradantes

declining balance method (of depreciation) [accounting] diminishing balance method reducing balance method

mtodo de amortizacin decreciente

decomposition of the index [CPI]

desglose del ndice

decontrolled item [tariff]

artculo liberalizado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page332

English decoupled income support decoupled support decoupling [EU]

Spanish ayuda a los ingresos desconectada de la produccin [OMC] ayuda a los ingresos desconectada [OMC] ayuda desconectada de la produccin [OMC] ayuda desconectada [OMC]

decoupling theory

teora del desacoplamiento

decreasing cost

costo decreciente

decumulation [inventories]

reduccin de existencias desacumulacin de existencias

dedicated investor

inversionista especializado en un mercado

dedollarization

desdolarizacin

deductible [insurance] excess [GBR]

franquicia suma deducible

deep discount and zero coupon bonds [BPM5]

bonos con fuerte descuento y de cupn cero

deep discount issue [capital market]

emisin con fuerte descuento

deep financial market

mercado financiero profundo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page333

English deep-discount bond deep-discounted bond

Spanish bono con fuerte descuento [MBP6] bonos de alta tasa de descuento [SCN93]

deep-pocketed investor deep-pocket investor

grandes inversionistas

default contagion

contagio del incumplimiento

default on obligations

incumplimiento de obligaciones

default on payment default

falta de pago incumplimiento cesacin de pagos incumplimiento de pagos suspensin de pagos

default [securities settlement systems]

incumplimiento impago suspensin de pagos

defeasance debt defeasance

remocin de deuda anulacin de una deuda a cambio de un activo financiero canje de una deuda por otra nueva de menor valor nominal remocin contable de deuda

defense N.E.C. [GFSM]

defensa N.E.P. [MEFP]

defense transactions [BPM5]

transacciones de defensa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page334

English deferral [Paris Club] deferment

Spanish prrroga del plazo postergacin del plazo

deferred annuity

anualidad diferida

deferred availabilities [GMBS]

disponibilidades diferidas

deferred charges [IMF accounts]

cargos diferidos

deferred compensation

remuneracin diferida

deferred credit

crdito diferido

deferred drawdown option [World Bank] DDO

opcin de giro diferido

deferred expense [SNA93]

gasto diferido [SCN93]

deferred income [IMF accounts]

ingreso diferido

deferred taxation

tributacin diferida

deficit financing deficit spending pump priming

financiamiento de la economa mediante dficit presupuestario gasto financiado mediante dficit financiamiento de gastos mediante dficit

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page335

English deficit or surplus [IFS]

Spanish dficit o supervit

deficit reduction package

plan de reduccin del dficit

deficit [SNA93]

dficit [SCN93]

defined benefit retirement scheme defined benefit plan

sistema de jubilacin de prestaciones definidas plan de prestaciones definidas

defined contribution retirement scheme defined contribution plan money purchase plan

plan de cotizaciones definidas sistema de jubilacin de contribuciones definidas sistema de jubilacin de cotizaciones definidas plan de aportes definidos

defining moment decisive moment turning point

momento histrico momento decisivo

definitional equation

ecuacin de definicin

definitional identity

identidad definitoria

deflate (an economy)

deflactar (la economa)

deflate (prices)

deflactar convertir a precios constantes

deflation

deflacin [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page336

English deflationary

Spanish deflacionario deflacionista

deflationary demand measure

medida de compresin de la demanda

deflationary gap

brecha deflacionaria

deflationary pressure

presin deflacionaria

deflationary trap deflation trap deflationary spiral

trampa de la deflacin espiral deflacionaria espiral deflacionista

deflator

deflactor

degraduation [World Bank]

rehabilitacin [no oficial]

degree of correlation

grado de correlacin

degree of freedom

grado de libertad

degree of kinship

grado de parentesco

degressive tax

impuesto degresivo

deindustrialization

desindustrializacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page337

English delay stay [law] postpone

Spanish aplazar postergar

delegation of authority [BL]

delegacin de poderes

deleverage deleveraging

desapalancamiento reduccin del apalancamiento

deleveraging process

proceso de desapalancamiento

Delhi Group on Informal Sector Statistics

Grupo de Delhi sobre estadsticas del sector no estructurado

delinquency

atraso en el pago mora morosidad

delinquency rate [taxation]

tasa de incumplimiento

delinquent borrower

deudor moroso prestatario en mora

delinquent loan

prstamo en mora

delinquent tax

impuesto en mora impuesto atrasado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page338

English delinquent taxpayer

Spanish contribuyente no declarante contribuyente moroso

deliveries between establishments belonging to the same market enterprise to be used as intermediate consumption [SNA93]

entregas entre establecimientos pertenecientes a la misma empresa de mercado para ser usadas como consumo intermedio [SCN93]

delivery

aprovisionamiento

delivery of goods [BPM5]

entrega de mercancas [MBP5]

delivery versus payment system [securities settlement systems]

sistema de entrega contra pago

delivery-versus-payment DVP

entrega contra pago

demand

demanda [SCN93]

demand curve

curva de demanda

demand deposit checking account deposit sight deposit

depsito a la vista

demand deposits with the postal checking account [IFS]

depsitos a la vista en cuenta corriente postal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page339

English demand draft sight draft [SNA93]

Spanish giro [SCN93] giro a la vista [SCN93]

demand elasticity elasticity of demand

elasticidad de la demanda

demand for money [SNA93]

demanda de dinero [SCN93]

demand function

funcin de demanda

demand management

gestin de la demanda regulacin de la demanda

demand pressures

presiones de demanda

demand rebalancing rebalancing of demand

reequilibrio de la demanda reequilibramiento de la demanda

demand restraint

moderacin de la demanda contencin de la demanda restriccin de la demanda limitacin de la demanda

demand schedule

tabla de demanda

demand shift inflation

inflacin causada por un desplazamiento de la demanda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page340

English demand, payable on [banking]

Spanish pagadero a la vista

demand, time, savings and foreign currency deposits [IFS]

depsitos a la vista, a plazo, de ahorro y en divisas

demand-pull inflation demand inflation

inflacin de demanda inflacin producida por la presin de la demanda

dematerialization [securities settlement systems]

desmaterializacin

Demobilization and Reintegration Program [Congo (DRC)]

Programa de Desmovilizacin y Reinsercin [Congo (RDC)] Programa de Desmovilizacin y Reintegracin

democracy dividend

dividendo de la democracia

demonetization

desmonetizacin

demonetization of gold

desmonetizacin del oro

demonstration effect

efecto de demostracin

demurrage [BPM5]

sobrestada [MBP5]

denominated in foreign currency [BPM5]

expresadas en moneda extranjera [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page341

English denominated [SNA93]

Spanish denominado [SCN93]

denomination [banknotes]

denominacin serie [ESP]

density function

funcin de densidad

dental services [GFSM]

servicios odontolgicos [MEFP]

Department for Economic and Social Information and Policy Analysis DESIPA

Departamento de Informacin Econmica y social y Anlisis de Polticas DIESAP

Department for International Development [UK] DFID

Departamento de Desarrollo Internacional del Reino Unido

Department for Policy Coordination and Sustainable Development [UN]

Departamento de Coordinacin de Polticas y Desarrollo Sostenible

Department Head [IMF]

Director de Departamento

Department of Humanitarian Affairs DHA

Departamento de Asuntos Humanitarios

Department of Technical Co-Operation for Development [UN]

Departamento de Cooperacin Tcnica para el Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page342

English departmental agency

Spanish organismo ministerial

departmental budget

presupuesto ministerial

departmental enterprise

empresa adscrita

Departmental Memorandum [IMF document series; DM/...] DM

memorandum de los Departamentos

Departmental Support Services [IMF-TGS/IS] DSS

Servicios de Apoyo a los Departamentos

dependency allowance [IMF-HRD] family allowance child allowance [UN] child benefit allowance

subsidio familiar asignacin por familiares a cargo [IMF] asignacin familiar asignacin por hijos a cargo subvencin por hijos a cargo

dependency ratio

tasa de dependencia razn poblacin inactiva/poblacin activa

dependent

dependiente persona a cargo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page343

English dependent variable [statistics] response variable predicted variable criterion variable results variable

Spanish variable dependiente

depletion allowance [SNA93]

amortizacin del agotamiento de los recursos reserva por agotamiento de los recursos depreciacin por agotamiento de los recursos

depletion of natural assets [SNA93]

agotamiento de activos naturales [SCN93]

depletion of natural economic assets [SNA93]

agotamiento de activos econmicos naturales [SCN93]

depletion of subsoil assets [SNA93]

agotamiento de activos del subsuelo [SCN93]

depletion [accounting]

agotamiento

deposit and savings banks: assets

bancos de depsito y ahorro: activo [MEX]

deposit bank [IFS]

banco de depsito

deposit certificate [SNA93]

certificado de depsitos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page344

English deposit claims

Spanish activos por depsitos activos por concepto de depsitos

deposit facility [Eurosystem]

facilidad de depsito

deposit guarantee scheme

plan de garanta de depsitos

deposit insurance

garanta de depsitos seguro de depsitos

Deposit Insurance Fund deposit insurance scheme

fondo de garanta de depsitos fondo de seguro de depsitos [PER]

deposit liabilities

pasivos por depsitos pasivos por concepto de depsitos

deposit money bank

banco creador de dinero banco de depsito

deposit money banks: assets [IFS]

bancos creadores de dinero: activo

deposit money banks: liabilities [IFS]

bancos creadores de dinero: pasivo

deposit money corporations [SNA93]

sociedades monetarias de depsitos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page345

English deposit money [IFS]

Spanish dinero bancario

deposit rate [SNA93]

inters pasivo [SCN93] tasa de inters de los depsitos tasa de los depsitos tasa pasiva

deposit run

corrida de depsitos corrida bancaria retiro masivo de depsitos

deposit runoff

disminucin del volumen de depsitos

deposit taking [banking] attracting deposits

captacin de depsitos

deposit withheld taxes into a government account

depositar los impuestos retenidos ingresar en el Tesoro los impuestos retenidos

deposit [mining]

yacimiento

deposit/loan ratio

relacin depsitos/prstamos razn depsitos/prstamos

depository corporation survey DCS

panorama de las sociedades de depsito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page346

English depository corporation depository institution

Spanish sociedad de depsito institucin de depsito

depository receipt

certificado de depsito de valores

depository [IMF]

depositario depositara de depsito

deposits in foreign exchange [SNA93]

depsitos en moneda extranjera [SCN93]

deposit-taker

institucin de depsito

depreciable asset

activo depreciable activo amortizable

depreciable cost

costo amortizable

depreciable life

vida til amortizable

depreciation

depreciacin amortizacin

depreciation allowance allowance for depreciation allowance depreciation provision

provisin para depreciacin provisin para amortizacin reserva para amortizacin

depreciation reserve

reserva para depreciacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page347

English depressed area

Spanish zona desfavorecida zona deprimida zona de depresin econmica

depth of the market [financial market] market depth

profundidad del mercado [GISF]

Deputy Director and Chief Editor [IMF-EXR]

Subdirector y Director de Publicaciones

Deputy Internal Auditor

Subauditor Interno

deputy section chief (and administrative officer)

subjefe de seccin (y oficial administrativo)

Deputy TA Area Chief [IMF-MCM] Deputy Area Chief [IMF-MCM]

Subjefe de rea

Deputy [G-24, IDA]

Suplente

deregulation decontrol

desregulacin desreglamentacin liberalizacin

derestriction [GATT]

supresin del carcter reservado de los documentos levantamiento del carcter reservado de los documentos

derivation of weights [CPI]

obtencin de (las) ponderaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page348

English derivation table [GFS 1986]

Spanish tabla de clculo cuadro de derivacin

derivative instrument financial derivative derivative

instrumento derivado instrumento financiero derivado producto derivado derivado derivado financiero

derivative [calculus]

derivada

derived measure

medida derivada indicador derivado

deriving stocks from transactions data [BPM5]

derivacin de tenencias a partir de datos de transacciones

deriving transactions from stocks data [BPM5]

derivacin de transacciones a partir de datos de tenencias

Desert Storm

Tormenta del Desierto

Design and Construction Section [TGS/DF/DC]

Seccin de Diseo y Construccin

Design Assistant [IMF-TGS]

Asistente de Diseo

design matrix

matriz de diseo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page349

English Design Service Unit [TGS/DF/FD/DS]

Spanish Unidad de Servicios de Diseo

Design Support Unit

Unidad de Servicios Auxiliares de Diseo

Design, Construction, and Real Estate Section

Seccin de Diseo, Construccin e Inmuebles

designated depository [IMF]

depositara designada

designation agreement [SDR]

acuerdo de designacin

designation plan [IMF]

plan de designacin

designation [IMF; SDR]

designacin

desinflation [SNA93]

desinflacin [SCN93]

desk economist (for ... [country]) [IMF] desk officer for ( ... [country]) country desk

Economista encargado (de ...)

desk messenger

mensajero de turno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page350

English destabilizing disequilibrating [capital flows]

Spanish desestabilizador desequilibrador

destination inspection

inspeccin en el destino

destocking

agotamiento de las existencias reduccin de las existencias

destroyed goods [BPM5]

bienes destruidos [MBP5]

destruction of assets by non-insurable risks , political events [SNA93]

destruccin de activos por riesgos no asegurables, eventos polticos [SCN93]

destruction of assets by non-insurable risks, natural catastrophes

destruccin de activos por riesgos no asegurables, catstrofes naturales

detailed and supplementary statistics [BPM5]

estadsticas detalladas y suplementarias

Detailed Benchmark Definition of Foreign Direct Investment [OECD] BMD

Clasificacin de Detailed Benchmark Definition of Foreign Direct Investment [MBP5]

determinant

determinante

determinental equation

ecuacin determinante

deterministic process

proceso determinable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page351

English deterrence measure [IMF overdue financial obligations] deterrence deterrent measure deterrent

Spanish factor disuasorio disuasin medida disuasoria medida de disuasin elemento disuasivo factor disuasivo

deterrent effect

efecto disuasivo, de disuasin

detrend, to

estacionarizar

detrended output

producto ajustado por la tendencia

Deutsche Bundesbank

Banco Federal de Alemania

devaluation [SNA93]

devaluacin [SCN93]

developing and transition countries DTC

pases en desarrollo y en transicin

developing country

pas en desarrollo

Developing Country Studies Division [RES/CT]

Divisin de Estudios sobre Pases en Desarrollo

Development Agenda Global Trust Fund

Fondo Fiduciario Global del Programa de Doha para el Desarrollo

development aid development assistance [BPM5]

ayuda para el desarrollo asistencia para el desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page352

English Development Assistance Committee [OECD] DAC

Spanish Comit de Asistencia para el Desarrollo CAD

development bank

banco de desarrollo

Development Bank of Southern Africa DBSA

Banco de Desarrollo de frica Meridional

Development Bank of the Great Lakes States BDEGL

Banco de Desarrollo de los Estados de los Grandes Lagos [ttulo no oficial] BDEGL

development banking system [SNA93]

banca de fomento [SCN93]

Development Council [EU]

Consejo de Desarrollo

development economics [economics]

economa del desarrollo

Development Finance Division

Divisin de Financiamiento del Desarrollo

Development Fund for Iraq DFI

Fondo de Desarrollo para Iraq

Development Gateway

Development Gateway

Development Gateway Foundation [World Bank]

Fundacin Portal del Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page353

English Development Grant Facility [IBRD] DGF

Spanish Fondo de Donaciones para el Desarrollo

Development in International Economic Cooperation DIEC

Desarrollo y Cooperacin Econmica Internacional

Development Issues Division [SPR/DS] DID

Divisin de Cuestiones de Desarrollo

development partner

socio en el desarrollo

developments bank: liabilities

bancos de fomento: pasivo

deviation feature [IMF]

procedimiento para casos de desviacin del comercio

devolved budgeting budget devolution

descentralizacin del presupuesto descentralizacin presupuestaria presupuesto descentralizado

dezeroing of currency

quitar ceros a la unidad monetaria cambio del valor nominal de la moneda

diagonal matrix

matriz diagonal

diagonal regression

regresin diagonal

diammonium phosphate DAP

fosfato cido diamnico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page354

English difference equation

Spanish ecuacin en diferencias

difference [calculus]

diferencia

differences between data on individual items and totals of holding gains/losses may not be entirely consistent due to rounding errors [SNA93]

las diferencias entre los datos de las partidas individuales y totales de ganancias/prdida de capital por tenencia, pueden no ser completamente consistentes debido a errores de redondeo [SCN93]

differences between requirements in balance of payments and international trade statistics [BPM5]

diferencias con los requisitos entre la balanza de pagos y las estadsticas del comercio internacional

differences with bop requirements [BPM5]

diferencias con los requisitos de la balanza de pagos

differential

diferencial

differential equation [calculus]

ecuacin diferencial

differential shock

perturbacin diferenciada

differential treatment [taxation]

trato diferenciado

digital divide

brecha informtica

Digital Print Unit [TGS/DG/GR/DP]

Unidad de Impresin Digitalizada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page355

English diminishing returns

Spanish rendimientos decrecientes

diplomatic establishments [BPM5]

establecimientos diplomticos [MBP5]

diplomatic personnel [BPM5]

personal diplomtico [MBP5]

direct and effective control [BPM5]

control directo y efectivo [MBP5]

direct investment

inversin directa

direct investment abroad [BPM5; BPM6]

inversin directa en el exterior [MBP6] inversin directa en el extranjero [MBP5]

direct investment earnings [BPM5]

renta de la inversin directa [MBP5]

direct investment enterprise [BPM5; BPM6]

empresa de inversin directa [MBP5; MBP6]

direct investment finance [BPM6]

financiamiento de la inversin directa [MBP6]

direct investment in reporting country direct investment in reporting economy

inversin directa en la economa declarante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page356

English direct investment income [BPM5]

Spanish renta de la inversin directa

direct investment relationship, in [BPM5]

relacin de inversin directa, en

direct investment, measurement of [BPM5]

cuenta financiera, medicin de la

direct investment, NIE [IFS]

inversin directa, NIOP

direct investor [BPM5; BPM6]

inversionista directo [MBP5; MBP6]

direct investor's share in net losses of an enterprise [BPM5]

parte que corresponde al inversionista directo en las prdidas netas de una empresa [MBP5]

direct placement of securities direct placement

colocacin directa de valores colocacin directa

direct purchases abroad by producers of government services

compras directas en el exterior por productores de servicios gubernamentales

direct purchases abroad by resident households [SNA93]

compras directas en el exterior por hogares residentes [SCN93]

direct purchases abroad by residents [SNA93]

compras directas en el exterior por residentes [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page357

English direct purchases in the domestic market by non-residents [SNA93]

Spanish compras directas en el mercado interno por no residentes [SCN93]

direct purchases [SNA93]

compras directas [SCN93]

direct taxes on income [SNA93]

impuestos directos sobre el ingreso [SCN93]

direct transit trade [BPM5]

comercio de trnsito directo [MBP5]

directed chains (models)

cadenas orientadas

directed credit

crdito dirigido

direction of investment [BPM5]

direccin de la inversin

Direction of Trade Statistics Yearbook [IMF; publication not translated] DOTS Yearbook DOTSY

Direction of Trade Statistics Yearbook DOTS Yearbook anuario de DOTS

Direction of Trade Statistics [IMF-STA; publication not translated] DOTS

Direction of Trade Statistics DOTS

direction of trade geographical direction of trade

distribucin geogrfica del comercio exterior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page358

English directional principle

Spanish principio direccional [MBP6]

Directive concerning the protection of waters against pollution caused by nitrates from agricultural sources [EC]

Directiva relativa a la proteccin de las aguas contra la contaminacin producida por nitratos utilizados en la agricultura

Directive on the Monitoring and Control of Large Exposures of Credit Institutions

Directiva sobre supervisin y control de las operaciones de gran riesgo de las entidades de crdito

directly productive activity DPA

actividad directamente productiva

directly unproductive activity DUP activity

actividad directamente improductiva

Director and Special Representative to the United Nations [IMF-UNR]

Director y Representante Especial ante las Naciones Unidas

Director for ... Division, Assistant [IMF]

Director Adjunto a cargo de la Divisin ...

Director for Special Operations

Director de Operaciones Especiales

Director General, Directorate General for Competition, European Commission [EC]

Director General, Direccin General de Competencia, Comisin Europea

Director of Administration

Director de Administracin

Director of Computing Services

Director de Servicios de Informtica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page359

English Director of Human Resources [IMF-HRD]

Spanish Director de Recursos Humanos

Director of Internal Audit

Director de Auditora Interna

Director of Language Services [IMF-BLS]

Director de Servicios Lingsticos [IMF]

Director of Research [IMF-RES]

Director de Estudios

Director of Statistics [IMF-STA]

Director de Estadstica

Director [IMF]

Director

Director, Assistant [IMF]

Director Adjunto

Director, Associate [IMF] Associate Director

Director Asociado

Director, Deputy [IMF]

Subdirector

Director, Office in Europe

Director de las Oficinas del FMI en Europa

Director, Office in Geneva

Director de la Oficina de Ginebra

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page360

English Director, Offices in Europe [IMF/EUO]

Spanish Director de las Oficinas en Europa

Directorate D - Monetary Matters [EC]

Direccin D - Asuntos monetarios

Directorate General of Exchange Control [Equatorial Guinea] ONCC

Oficina de Control de Cambios

Directorate General [EC] DG

Director General

Directorate-General for Economic and Financial Affairs [EC]

Direccin General de Asuntos Econmicos y Financieros

directorship [IMF, Executive Board]

cargo de director ejecutivo puesto de director ejecutivo

dirty price [securities] full price

precio sucio

disability-adjusted life years [WHO] DALY

aos de vida ajustados en funcin de discapacidad AVAD

disaggregated data

datos desagregados

disaggregation

desagregacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page361

English disappearance

Spanish desincorporacin

Disarmament, demobilisation, repatriation, resettlement and reintegration [Congo (DRC)] DDRRR

Desarme, Desmovilizacin, Repatriacin, Reasentamiento y Reintegracin

Disarmament, Demobilization, Reintegration [Congo (DRC)] DDR

desarme, desmovilizacin y reinsercin

disbursed debt

prstamos desembolsados

disbursement

desembolso [SCN93] gasto [SCN93]

disbursing credit

desembolso de crdito

discharge an obligation [IMF]

cumplir una obligacin

discharge [securities settlement systems]

cancelar anular

disclosed reserves [FSIG]

reservas declaradas [GISF]

disclosure

divulgacin de informacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page362

English disclosure avoidance [IMF-EBB]

Spanish no divulgacin

disclosure requirements

obligacin de declarar informacin

discomfort index misery index [USA]

ndice de miseria ndice de malestar

discontinuous function

funcin discontnua

discount bond discounted bond

bono emitido bajo la par bono con descuento bono emitido con descuento

discount note

pagar descontado pagar con descuento

discount rate (end of period) [IFS]

tasa de descuento (fin de perodo)

discount rate [central banking] minimum lending rate [GBR] MLR bank rate [GBR]

tasa de descuento tasa de redescuento tasa de descuento oficial tasa de redescuento oficial

discount window [central banking]

ventanilla de descuento ventanilla de redescuento servicio de redescuento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page363

English discount [spot exchange; SNA93]

Spanish descuento [SCN93]

discount, at a

bajo la par con descuento por debajo del valor nominal

discountable eligible for discounting eligible for rediscounting

descontable redescontable

discounted [central banking]

redescontado descontado

discounting and rediscounting operations [GMBS]

operaciones de descuento y redescuento

discounting [present value]

actualizacin

discounts on issue of bonds [BPM6]

descuentos sobre la emisin de bonos [MBP6]

discovery of subsoil assets [SNA93]

descubrimiento de activos del subsuelo [SCN93]

discrete devaluation step devaluation

devaluacin discreta

discrete variable

variable discreta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page364

English discrete [mathematics]

Spanish discreto

discretionary disposable income [SNA93]

ingreso disponible discrecional [SCN93]

discretionary spending

gastos discrecionales

discretionary trust

fideicomiso discrecional

discriminant analysis

anlisis discriminatorio

discriminating monopoly

monopolio discriminatorio

discriminatory auction

subasta discriminatoria

discriminatory currency practice [IMF]

prctica monetaria discriminatoria

discriminatory tariff preference

preferencia arancelaria discriminatoria

diseconomy

deseconoma

disembodied productivity growth

crecimiento no incorporado de la productividad

disembodied technological progress

progreso tcnico no incorporado

disenfranchised, the

marginados excludos

dishoarding

desatesoramiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page365

English dishonored check bad check unpaid check

Spanish cheque rechazado

disincentive

desincentivo elemento disuasivo

disinflation

desinflacin

disinflationary

desinflacionista desinflacionario

disintermediation

desintermediacin [SCN93]

disinvestment

desinversin descapitalizacin liquidacin de los activos de inversin

disorderly exchange market conditions

condiciones anormales en el mercado cambiario desorden en el mercado de cambios

display equipment for trade fairs, etc. [BPM5]

equipo de ferias y exposiciones comerciales, etc. [MBP5]

disposable income in kind [SNA93]

ingreso disponible en especie [SCN93]

disposable income [BPM5; SNA93]

ingreso disponible [SCN93] renta disponible [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page366

English disposable income, gross [SNA93]

Spanish ingreso disponible, bruto [SCN93]

disposable income, net [SNA93]

ingreso disponible, neto [SCN93]

disposal

colocacin accin de desechar enajenacin disposicin arreglo

disposal of nonproduced, nonfinancial assets

disposicin de activos no financieros no producidos enajenacin de activos no financieros no producidos

disposal of problem assets

disposicin de activos problemticos disposicin de activos contaminados

disposals of existing intangible fixed assets [SNA93]

disposiciones de activos fijos intangibles existentes [SCN93]

disposals of existing tangible fixed assets [SNA93]

disposiciones de activos fijos tangibles existentes [SCN93]

disposals of intangible non-produced assets [SNA93]

disposiciones de activos intangibles no producidos [SCN93]

disposals of land and other tangible non-produced assets [SNA93]

disposiciones de tierras y terrenos y otros activos tangibles no producidos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page367

English disposition (of assets) disposition

Spanish enajenacin cesin venta disposicin

disposition of financial assets [SNA93]

disposicin de activos financieros [SCN93]

dispute settlement mechanism [GATT]

mecanismo de solucin de diferencias

disruption

perturbacin desorden desorganizacin

disruptive fluctuation

fluctuacin perturbadora

dissaving negative saving

desahorro ahorro negativo

dissemination media [BPM5]

medios de difusin

Dissemination Services Team [TGS/IM]

Grupo de Servicios de Divulgacin

Dissemination Standards Bulletin Board [IMF] DSBB

Cartelera Electrnica de Divulgacin de Datos CEDD

dissemination [CPI]

divulgacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page368

English distance learning distance education

Spanish cursos a distancia educacin a distancia

distance to default

distancia hasta el incumplimiento

distance to distress DD

distancia hasta una situacin crtica

distinctive behavior

comportamiento caracterstico

distortion

distorsin

distress sales

ventas en situacin de emergencia ventas en condiciones desfavorables ventas forzosas

distressed asset

activo problemtico activo en dificultades

distributed branch profits [BPM6]

utilidades distribuidas de sucursales [MBP6]

distributed earnings [BPM5]

utilidades distribuidas [MBP5] beneficios distribuidos

distributed income of corporations [SNA93]

ingreso distribuido de las sociedades [SCN93]

distributed lag function

funcin de retrasos distribuidos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page369

English distributed lag model

Spanish modelo de retrasos distribuidos, de desfases distribuidos

distribution and use of income accounts [SNA93]

cuentas de distribucin y uso del ingreso [SCN93]

distribution channel

canal de distribucin cauce de distribucin

distribution function [statistics]

funcin de distribucin

distribution of income income distribution

distribucin del ingreso

distribution of the estimate

ley de probabilidad de la estimacin

distribution of the variables

ley de probabilidad de las variables

distributional effect distributive effect

efecto distributivo efecto sobre la distribucin del ingreso

distribution-free

de libre distribucin no paramtrico

distributive services [BPM5]

servicios de distribucin [MBP5]

distributive trades, storage, and warehousing [GFSM]

comercio de distribucin, almacenamiento y depsito [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page370

English distributive transactions [BPM5; SNA93]

Spanish transacciones distributivas [MBP5; SCN93]

disturbance

perturbacin

disturbance term

trmino de perturbacin trmino de error

divergence indicator [EMS]

indicador de divergencia

diversification asset diversification

diversificacin diversificacin de activos

diversified borrower

prestatario en fuentes diversificadas

Diversity Council [IMF] DC

Consejo para la Diversidad

divestiture (of assets) divestment

enajenacin privatizacin desincorporacin [MEX] cesin traspaso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page371

English divestiture (of public enterprises)

Spanish desincorporacin [Mxico] privatizacin cesin (de empresas del Estado) venta traspaso

dividend

dividendo

dividend stocks [BPM5]

dividendos en acciones [MBP5]

dividends and distributed branch profits [BPM5]

dividendos y utilidades distribuidas de sucursales [MBP5]

Division 1, 2, 3, ... [APD/D1, D2, D3, ...]

Divisin 1, 2, 3, ...

Division A, B, C, ...

Divisin A, B, C, ...

Division Chief [IMF]

Jefe de Divisin

Division Chief, Deputy [IMF]

Subjefe de Divisin

do not copy [IMF information security]

prohibida su reproduccin

doctored data

datos manipulados datos adulterados datos retocados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page372

English doctor's fees [BPM5]

Spanish honorarios mdicos [MBP5]

Document Management and Repositories Team [TGS/IM]

Grupo de Gestin de Documentos y Archivo

document of International Monetary Fund and not for public use [IMF information security]

documento del Fondo Monetario Internacional, reservado para uso interno

document series [IMF]

serie de documentos

documentary letter of credit documentary credit

crdito documentario

Documents and Office Systems Division

Divisin de Documentacin y Ofimtica

Documents and Web Systems Division

Divisin de Documentos y Sistemas de Internet

Documents Assistant [IMF-SEC]

Auxiliar de Documentos

Documents Assistant, Senior [IMF-SEC]

Auxiliar Principal de Documentos

Documents Clerk

empleado de documentos

Documents Control Assistant [IMF-TGS]

Auxiliar de Control de Documentos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page373

English Documents Control Office [TGS/LA] DCO

Spanish Oficina de Control de Documentos

Documents Control Supervisor [IMF-TGS]

Supervisor de Control de Documentos

Documents Distribution Assistant [IMF-SEC]

Auxiliar de Distribucin de Documentos

Documents Distribution Unit [TGS/ID/IS/DD]

Unidad de Distribucin de Documentos

Documents Officer [IMF-SEC]

Oficial encargado de Documentos

Documents Preparation Assistant [IMF-SEC]

Auxiliar de Preparacin de Documentos

Documents Preparation Section DocsPrep, DCS

Seccin de Preparacin de Documentos

Documents Section [SEC/AI/DS]

Seccin de Documentos

Documents, Office Systems, and Records Division

Divisin de Documentos, Ofimtica y Archivos

Dodd-Frank Act Dodd-Frank Wall Street Reform and Consumer Protection Act

Ley Dodd-Frank Ley Dodd-Frank de Reforma de Wall Street y Proteccin del Consumidor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page374

English Doha Development Agenda Global Trust Fund

Spanish Fondo Fiduciario Mundial del Programa de Doha para el Desarrollo [OMC]

Doha Development Agenda [WTO] DDA

Programa de Doha para el Desarrollo

Doha Development Round Doha Round development round [trade]

Ronda de Doha ronda del desarrollo Ronda de Doha para el Desarrollo

Doing Business Project [World Bank] Doing Business database

Doing Business Project

Doing Business rankings [World Bank]

clasificaciones de Doing Business

Doing Business Report

reporte Doing Business

dollar balances

saldos en dlares

dollar budgeting dollar budget

presupuesto expresado en unidades monetarias presupuesto en valores monetarios presupuesto en trminos monetarios

dollar overhang

excedente de dlares

dollarization

dolarizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page375

English dollarized economy

Spanish economa dolarizada

domain (of a function)

dominio (de la funcin)

domestic absorption

absorcin interna

domestic amortization

amortizacin interna

domestic budget balance [GFS 1986]

saldo del presupuesto interno

domestic content [imports]

proporcin de productos nacionales contenido nacional [WTO] elementos nacionales [WTO] contenido de origen nacional

domestic credit

crdito interno

domestic credit expansion DCE

expansin del crdito interno expansin del crdito interior

domestic currency unit value

valor unitario en moneda nacional

domestic currency [GFSM] local currency [GFSM]

moneda nacional [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page376

English domestic debt debt: domestic

Spanish endeudamiento interno deuda interna

domestic demand

demanda interna

domestic deposits [BPM5]

depsitos nacionales [MBP5]

domestic factor income [SNA]

ingreso de los factores internos [SCN93] renta de los factores interiores

domestic financial assets [GFSM]

activos financieros internos [MEFP]

domestic financing [GFSY; SNA93]

financiamiento interno [SCN93] pases donantes

domestic liabilities [GFSM]

pasivos internos [MEFP] obligaciones internas

domestic liquidity

liquidez interna

domestic market home market

mercado interno [SCN93] mercado nacional

domestic product and expenditure account [SNA93]

cuenta de productos y gastos internos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page377

English domestic product [SNA93]

Spanish producto interno [SCN93]

domestic resource cost DRC

costo en recursos internos

domestic saving

ahorro interno

domestic sector [BPM5]

sector interno [MBP5]

domestic securities

ttulos nacionales ttulos del pas ttulos internos

domestic services of households [SNA93]

servicio domstico de los hogares [SCN93]

domestic services produced by employing paid domestic servants [SNA93]

servicios domsticos producidos empleando personal domstico pagado [SCN93]

domestic taxes on goods and services [GFSY]

impuestos internos sobre bienes y servicios

domestic territory [SNA93]

territorio interior [SCN93]

domestic trade

comercio interno comercio interior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page378

English domestic [GFSM; SNA93]

Spanish interno [SCN93] internos [MEFP]

domestically-controlled, cross-border consolidated data [FSIG]

datos consolidados a nivel internacional que se controlan a nivel nacional [GISF]

domicile, to

domiciliar

domiciliation [trade]

domiciliacin

dominating position in the market

posicin dominante en el mercado

donation capital [FSIG]

capital asignado a sucursales [GISF]

donations [GFSM 2001]

donaciones

Donde Bill [Kenya]

proyecto de ley Donde

donor country

pas donante

donor [SNA93]

donante [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page379

English donors and creditors donors and lenders

Spanish donantes y acreedores donantes y prestamistas

donors' conference

conferencia de pases donantes

dormant account inactive account

cuenta inactiva

dormant debt

deuda inactiva

dot chart

grfico de puntos

double counting [SNA93]

doble registro [SCN93] doble contabilizacin doble cmputo doble clculo

double cropping

cultivos dobles cultivos sucesivos

double declining balance method (of depreciation) [accounting]

mtodo de amortizacin decreciente a tasa doble

double factor(ial) terms of trade

relacin de intercambio de doble factor

double least squares

mnimos cuadrados dobles

double leveraging of capital

doble apalancamiento del capital

double sampling

muestreo doble

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page380

English double tailwinds

Spanish doble viento a favor doble impulso favorable

double taxation dual taxation

doble imposicin doble tributacin

double-digit inflation two-digit inflation

inflacin de dos dgitos inflacin de dos cifras

double-dip recession

recada en la recesin recesin doble

double-entry accounting system double-entry system double-entry accounting double-entry bookkeeping

mtodo de contabilidad por partida doble contabilidad por partida doble

double-filtered series

serie de doble filtro

doubtful loan doubtful credit

prstamo de cobro dudoso prstamo problemtico [IFC]

down payment

cuota inicial anticipo pago a cuenta entrada [Esp.]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page381

English downside risk

Spanish riesgo de que los resultados sean inferiores a lo previsto probabilidad de que las cifras reales sean menores de las que indican las proyecciones riesgo de que no se cumpla lo previsto riesgo de deterioro de la situacin riesgo a la baja

downside risks

riesgos a la baja

downside variability

variabilidad a la baja

downsizing labor shedding

redimensionamiento de personal reduccin de personal despido de personal

downstream capacity

capacidad de refinacin de petrleo

downstream integration

integracin vertical hacia abajo

downturn cyclical downturn downswing cyclical downswing

fase de contraccin fase descendente del ciclo descenso cada baja desaceleracin iniciacin de la fase descendente cambio desfavorable de la coyuntura fase descendente movimiento descendente

downward adjustment

ajuste a la baja

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page382

English downward bias negative bias

Spanish sesgo a la baja

downward pressure

presin a la baja

downward spiral

espiral descendente crculo vicioso

downward trend falling trend downtrend

tendencia descendente tendencia a la baja

downward-sloping curve

curva descendente curva de pendiente descendente

dowry [BPM5]

dote [MBP5]

Draft Action Program of the International Conference on Population and Development [UN]

Proyecto de programa de accin de la Conferencia Internacional sobre la Poblacin y el Desarrollo

draft agenda [Interim Committee]

temario provisional proyecto de temario

draft amendment [IMF]

proyecto de reforma proyecto de enmienda [AA] proyecto de modificacin

draft bill [SNA93]

giro [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page383

English draft decision

Spanish proyecto de decisin

Draft Final Act embodying the results of the Uruguay Round of Multilateral Trade Negotiations [GATT]

proyecto de acta final en que se encorporan los resultados de la Ronda Uruguay de Negociaciones Comerciales Multilaterales

Draft Final Act [GATT] DFA

proyecto de acta final

draft Manual on Fiscal Transparency

Proyecto de Manual de Transparencia Fiscal

draft principles agreed by [Paris Club]

acuerdo en principio entre...

draft resolution [IMF]

proyecto de resolucin

drafter

dibujante

drafting notes

notas de redaccin

draw down [London Club]

utilizacin de fondos

draw on the IMF

efectuar un giro contra el FMI girar contra el FMI

drawback system [taxation]

sistema de reintegro tributario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page384

English drawback [customs]

Spanish desgravacin fiscal a la exportacin reintegro de los derechos de aduana devolucin de los impuestos drawback

drawdown period

perodo de giro

drawing

giro

drawing country [IMF] drawer

girador pas girador

drawing down [in general]

utilizacin

drawing facility [IMF]

servicio de giro

drawing on loans extended [BOP]

giro contra prstamos concedidos

drawing on the General Resources Account [IMF]

giro contra la Cuenta de Recursos Generales

drawing right [IMF]

derecho de giro

drawing up

elaboracin preparacin formulacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page385

English drawings and repayments on loans extended [BPM5]

Spanish giros contra prstamos concedidos y rembolso de stos [MBP5]

drawings and repayments on other loans received [BPM5]

giros contra otros prstamos recibidos y rembolso de stos [MBP5]

drawings on loans extended [BPM5]

giros contra prstamos concedidos [MBP5]

drawings on long-term loans [BPM5]

giros sobre prstamos a largo plazo [MBP5]

drawings on long-term trade credits [BPM5]

giros sobre crditos comerciales a largo plazo [MBP5]

drawings on new loans by authorities or other sectors on authorities' behalf [BPM5]

giros sobre nuevos prstamos recibidos por las autoridades u otros sectores en nombre de las autoridades [MBP5]

drawings on other long-term loans [BPM5]

giros sobre otros prstamos a largo plazo [MBP5]

drayage [BPM5]

carretaje [MBP5]

dredge [BPM5]

draga [MBP5]

drilling rig

equipo de perforacin de yacimientos

drip irrigation

riego por goteo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page386

English drivers of project outcomes [IBRD-Strategic Compact]

Spanish aspectos que inciden en los resultados de los proyectos factores que influyen en los resultados de los proyectos

dry charter [BPM5]

fletamento de aeronaves sin tripulacin [MBP5]

dry charters [vessels]

embarcaciones sin tripulacin

dry land

zona seca

dual currency bond

bono en moneda doble [MBP5] bono denominado en dos monedas bono con opcin de cambio

dual economy

economa dual economa dualista

dual exchange market

mercado de cambios dual

dual pricing

sistema dual de precios rgimen de precios dobles

dual rate system [exchange rates]

rgimen cambiario dual rgimen de cambios doble

Dubai International Convention Centre DICC

Centro Internacional de Convenciones de Dubai

due and payable

vencido y pagadero vencido y exigible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page387

English due date

Spanish fecha de vencimiento plazo de vencimiento

due diligence

diligencia debida

due for payment [BPM6]

exigible [MBP6]

due [SNA93]

vencido [SCN93]

due-for-payment basis

fecha del vencimiento del pago base vencimiento de pago

due-for-payment basis of recording [GFSM 2001]

registro en base vencimiento de pago

dues and fees [BPM5]

derechos y arbitrios [MBP5]

dummy companies [BPM5]

compaas nominales [MBP5]

dummy out

sustituir por una variable ficticia

dummy slope

pendiente ficticia

dummy variable

variable ficticia

dumping [trade]

dumping

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page388

English duopoly

Spanish duopolio

durable good

bien duradero bien durable

durable stock

bienes duraderos

durable [SNA93]

duradero [SCN93] durable [SCN93]

duration (of an investment) duration [MPI]

duracin

Durbin-Watson statistic DW

estadstico Durbin-Watson coeficiente de Durbin-Watson DW

Dutch auction

subasta a la baja

Dutch disease [oil or natural gas exporting countries]

enfermedad holandesa mal holands sndrome holands

duty [SNA93]

impuesto [SCN93] derecho [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page389

English duty-free

Spanish exento de derechos libre de impuestos

dwellings [GFSM; SNA93]

viviendas [MEFP; SCN93]

dynamic exporter

exportador dinmico

dynamic multiplier

multiplicador dinmico

Dynamic Random Access Memory DRAM

memoria en acceso aleatorio dinmica

early drawing [CCFF]

giro anticipado

early repurchase expectation [IMF] prompt repurchase expectation

expectativa de recompra anticipada

early repurchase of accelerated set-aside amounts [IMF]

recompra anticipada de montos consignados adquiridos de manera acelerada

early repurchase [IMF] advance repurchase

recompra anticipada

early retirement [IMF]

jubilacin anticipada

early stabilizer

pas en fase inicial de estabilizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page390

English Early Warning Exercise EWE

Spanish Ejercicio de Alerta Anticipada EAA

early warning system

sistema de alerta anticipada

early warning system model EWS

sistema de alerta anticipada

earmark

asignar afectar a un fin determinado reservar para un fin especfico destinar a un fin especfico consignar

earmarked account [GMBS]

cuenta consignada

earmarked assets [BPM5]

activos consignados [MBP5]

earmarked tax

impuesto afectado a un fin especfico

earned income [BPM5]

ingreso derivado del trabajo renta salarial ingreso salarial ingreso realizado [MBP5] renta ganada renta derivada del trabajo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page391

English earned premiums [BPM5]

Spanish primas ganadas primas ingresadas [MBP5]

earned profits [BPM5]

utilidades realizadas [MBP5]

earned [SNA93]

ganado [SCN93] obtenido [SCN93]

earning asset income-earning asset productive asset

activo rentable activo productivo

earnings

utilidades ganancias beneficios

earnings before interest and tax [FSIG] EBIT

utilidades antes de intereses e impuestos [GISF] EBIT

earnings before interest, taxes, depreciation, and amortization EBITDA

EBITDA

earnings of workers [BPM5]

ingresos de trabajadores [MBP5]

earnings to interest and principal expenses [FSIG]

ganancias/gastos por intereses y principal [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page392

English Earth Charter [UNCED]

Spanish Carta de la Tierra

Earth Council

Consejo de la Tierra

Earth Pledge

Compromiso de la Tierra

easing credit

flexibilizacin del crdito

easing softening

baja distensin

East Africa Regional Technical Assistance Center East AFRITAC

Centro Regional de Asistencia Tcnica de frica Oriental AFRITAC Oriental

East African Community EAC

Comunidad del frica Oriental CAO

East African Consultative and Planning Council

Consejo Consultivo Econmico y de Programacin del Africa Oriental

East African Development Bank EADB

Banco de Desarrollo del Africa Oriental BDAO

East African Division

Divisin de Africa Oriental

East African Division I, II

Divisin de Africa Oriental I, II

East Caribbean Common Market [OECS] ECCM

Mercado Comn del Caribe Oriental MCCO

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page393

English East Caribbean Currency Authority ECCA

Spanish Direccin Monetaria del Caribe Oriental ECCA

East Caribbean Division

Divisin del Caribe Oriental

Easter effect moving holiday effect

efecto pascua efecto de feriado mvil

Eastern and Southern Africa Anti-Money Laundering Group ESAAMLG

Grupo contra el Lavado de Dinero en frica Oriental y del Sur ESAAMLG

Eastern and Southern Africa Currency Unit ESACU

unidad de cuenta de frica oriental y meridional

Eastern Caribbean Central Bank ECCB

Banco Central del Caribe Oriental

Eastern Caribbean Currency Union ECCU

Unin Monetaria del Caribe Oriental ECCU

Eastern Division

Divisin Oriental

Eastern Europe and the U.S.S.R.

Europa oriental y la U.R.S.S.

Eastern European Division

Divisin de Europa Oriental

easy money [SNA93]

dinero barato [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page394

English easy rider bank [debt restructuring] easy rider

Spanish banco que solo participa parcialmente

econometrician

econmetra

economic activity

actividad econmica

economic affairs and services [GFSY]

asuntos y servicios econmicos

economic affairs N.E.C. [GFSM]

asuntos econmicos N.E.P. [MEFP]

economic affairs [GFSM]

asuntos econmicos [MEFP]

economic agent economic entity economic unit

agente econmico entidad econmica unidad econmica

economic aid routed through international agencies [GFSM]

ayuda econmica prestada por conducto de organizaciones internacionales [MEFP]

economic aid to developing countries and countries in transition [GFSM]

ayuda econmica a los pases en desarrollo y los pases en transicin [MEFP]

Economic and Development Review Committee [OECD]

Comit de Examen de las Situaciones Econmicas y de los Problemas del Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page395

English Economic and Financial Committee [EMU]

Spanish Comit Econmico y Financiero

Economic and Monetary Union [EU] EMU

Unin Econmica y Monetaria UEM

Economic and Sector Work ESW

estudios econmicos y sectoriales

Economic and Social Commission for Asia and the Pacific [UN-ECOSOC] ESCAP

Comisin Econmica y Social para Asia y el Pacfico CESPAP

Economic and Social Commission for Western Asia [UN-ECOSOC] ESCWA

Comisin Econmica y Social para Asia Occidental CESPAO

Economic and Social Council, United Nations [UN] ECOSOC

Consejo Econmico y Social de las Naciones Unidas ECOSOC

Economic and Social Security Council Global Council

Consejo Mundial

Economic and Statistical Observatory for Sub-Saharan Africa AFRISTAT

Observatorio econmico y estadstico de frica subsahariana AFRISTAT

economic appearance of non-produced assets [SNA93]

incorporacin econmica de activos no producidos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page396

English economic appearance of produced assets [SNA93]

Spanish incorporacin econmica de activos producidos [SCN93]

economic benefits

beneficios econmicos

economic circumstances economic conditions economic environment

situacin econmica coyuntura entorno econmico circunstancias econmicas

economic classification of expense [GFSM]

clasificacin econmica del gasto [MEFP]

Economic Commission for Africa [UN-ECOSOC] ECA

Comisin Econmica para frica CEPA

Economic Commission for Asia and the Far East [ECOSOC] ECAFE

Comisin Econmica para Asia y el Lejano Oriente CEPALO

Economic Commission for Europe [UN-ECOSOC] ECE

Comisin Econmica para Europa CEPE

Economic Commission for Latin America and the Caribbean ECLAC

Comisin Econmica para Amrica Latina y el Caribe CEPAL

Economic Commission for Latin America ECLA

Comisin Econmica para Amrica Latina CEPAL

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page397

English Economic Community of Central African States ECCAS

Spanish Comunidad Econmica del frica Central CEAC

Economic Community of the Great Lakes Countries CEPGL

Comunidad Econmica de los Pases de los Grandes Lagos CEPGL

Economic Community of West African States ECOWAS

Comunidad Econmica de los Estados de frica Occidental CEDEAO

economic construct

magnitud econmica

Economic Cooperation Agreement ECA 4

Acuerdo de Complementacin Econmica

Economic Cooperation Organization ECO

Organizacin de Cooperacin Econmica OCE

Economic Counsellor [IMF-RES]

Consejero Econmico

Economic Data Sharing System [IMF] EDSS

Sistema de Intercambio de Datos Econmicos

Economic Declaration of the Summit of the Non-Aligned Countries

Declaracin Econmica de la Reunin en la Cumbre de los Pases no Alineados

economic depreciation [accounting]

amortizacin econmica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page398

English Economic Development Institute [IBRD] EDI

Spanish Instituto de Desarrollo Econmico IDE

economic disappearance of non-produced assets [SNA93]

desincorporacin econmica de activos no producidos [SCN93]

economic efficiency efficiency

eficiencia econmica

economic fundamentals fundamentals fundamental determinants

fundamentos econmicos [WHD REO] parmetros fundamentales de la economa elementos econmicos fundamentales variables fundamentales de la economa

economic growth

crecimiento econmico

Economic Information System [IMF-STA] EIS

Sistema de Informacin Econmica SIE

economic interdependence

interdependencia econmica

Economic Issues [IMF publication series]

Temas de economa

economic life [SNA93] useful life service life [GFSM]

vida til [MEFP; SCN93] duracin vida econmica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page399

English economic literature

Spanish literatura econmica

economic management [SNA93]

gestin econmica [SCN93]

economic outlook

perspectivas econmicas

economic partnership agreement [EU] EPA

acuerdo de asociacin econmica AAE

economic performance

resultados econmicos trayectoria econmica evolucin de la economa

economic price efficiency price

precio econmico precio de eficiencia econmica

Economic Recovery Assistance Program [IMF] ERAP

ERAP Programa de Asistencia para la Recuperacin Econmica PARE

economic recovery recovery

recuperacin econmica reactivacin repunte de la economa

economic rent rent

renta econmica renta

economic slack

capacidad econmica ociosa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page400

English economic slowdown

Spanish desaceleracin de la actividad econmica desaceleracin econmica

economic subcommittee [London Club]

subcomit econmico

economic survey [SNA93]

encuesta econmica [SCN93]

economic system table [SNA93]

cuadro econmico de conjunto [SCN93]

Economic Systems Division [TGS/IE]

Divisin de Sistemas Econmicos

economic territory [BPM5, SNA]

territorio econmico

economic value [SNA]

valor econmico

economic welfare welfare

bienestar econmico bienestar [SCN93]

economically not significant price

precio econmicamente no significativo

economically significant price [SNA 1993, GFSM 2001; GFSM]

precio econmicamente significativo [MEFP]

economics

aspectos econmicos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page401

English Economics Division

Spanish Divisin de Economa

economies of scale

economas de escala

Economist Program [IMF] EP

Programa para Economistas PE

Economist [IMF]

Economista

Economist, Chief [IMF]

Economista Jefe

Economist, Senior [IMF]

Economista Principal

economy

economa

economy of incorporation of a company [BPM5]

economa en la cual la compaa se ha constituido en sociedad [MBP5]

Editor

Redactor

Editor, (name of a publication) [IMF-EXR]

Director Editorial de (ttulo de la publicacin)

Editor, (name of publication), Assistant [IMF-EXR]

Subdirector Editorial de (ttulo de la publicacin)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page402

English Editor, Assistant [IMF]

Spanish Subdirector Editorial [IMF, F&#38;D]

Editor, Chief [IMF-EXR]

Director Editorial

Editor, Division Chief and

Director de (la publicacin), Jefe de Divisin y [Boletn del FMI]

Editor, Finance & Development [IMF-EXR] Editor-in-Chief [as appears in publication]

Director Editorial de Finanzas y Desarrollo Director

Editor, IMF Survey [IMF-EXR]

Director Editorial del Boletn del FMI

Editor, Senior [IMF-EXR]

Redactor Principal

Editorial and Publications Division [EXR/EP]

Divisin de Redaccin y Publicaciones

Editorial Assistant [IMF]

Asistente de Redaccin

Editorial Assistant, Senior [IMF]

Asistente Principal de Redaccin

Editorial Consultant

consultor de edicin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page403

English Editorial Division

Spanish Divisin de Redaccin y Publicacin

Editorial Officer [IMF]

Redactor

Editorial/Audio-Visual Assistant

ayudante de servicios editoriales y audiovisuales

educated guess

estimacin razonada

education

educacin [MEFP]

education allowance [IMF-HRD]

asignacin para estudios

Education For All Fast Track Education For All Fast Track initiative EFA Fast Track FTI

Iniciativa Va Rpida de Educacin para Todos

Education for All EFA

Educacin para Todos

education N.E.C. [GFSM]

educacin N.E.P [MEFP]

education non definable by level [GFSM]

educacin no atribuible a ningn nivel [MEFP]

educational assistance [BPM5]

asistencia para educacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page404

English educational services education services

Spanish servicios educativos

education-related [BPM5]

por motivos de educacin [MBP5]

effective cost of borrowing

costo efectivo de un emprstito, de los emprstitos

effective date

fecha de entrada en vigor

effective exchange rate facility [IMF] EER Facility

mecanismo de clculo de tipos de cambio efectivos

effective exchange rate EER

tipo de cambio efectivo tipo de cambio real efectivo

effective exchange rate: merm [IFS]

tipo de cambio efectivo: mmtc

effective protection

proteccin efectiva

effective rate of assistance ERA

tasa de asistencia efectiva

effective rate of protection ERP

tasa de proteccin efectiva

effective voice in the management of the enterprise [BPM5]

participacin efectiva en la direccin de la empresa [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page405

English efficient estimator

Spanish estimador eficiente

Egmont Group of Financial Intelligence Units

Grupo Egmont de unidades de inteligencia financiera

elasticity

elasticidad

elasticity of a tax system

elasticidad de un sistema tributario

elasticity of expectations

elasticidad de las expectativas

elasticity of substitution

elasticidad de sustitucin

elasticity of supply supply elasticity

elasticidad de la oferta

elected Executive Director [IMF]

Director Ejecutivo Elegido

electing lender [IMF-ESAF; BPM5]

prestamista aceptante [MBP5]

elective Executive Director [IMF]

Director Ejecutivo Electivo

electricity, gas and water [BPM5]

energa elctrica, gas y agua [MBP5]

electronic banking

transacciones bancarias electrnicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page406

English electronic bulletin board EBB

Spanish cartelera electrnica

electronic data interchange EDI electronic reporting

declaracin en formato electrnico

electronic data processing EDP data processing informatics

procesamiento electrnico de datos informtica procesamiento de datos elaboracin electrnica de datos

Electronic Discussion Group on Pension Schemes EDG

grupo de debate electrnico sobre planes de pensiones

electronic filing [taxes] e-filing cyberfiling

declaracin electrnica de impuestos

electronic finance

servicios financieros electrnicos

electronic funds transfer EFT

transferencia electrnica de fondos

element of gift or grant [BPM5]

factor de donativo o donacin [MBP5]

elementary aggregate index [CPI]

ndice de agregado elemental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page407

English elementary aggregate [CPI]

Spanish agregado elemental

elements of complementary classifications of transactions and other flows [SNA93]

elementos de las clasificaciones complementarias de transacciones y otros flujos [SCN93]

eligibility criterion [HIPC]

criterio de habilitacin

eligibility [GFSM]

elegibilidad [MEFP] habilitacin

eligible

habilitado capacitado admisible que rene los requisitos

eligible asset [banking]

activo computable

eligible debt [Paris Club]

deuda reestructurable deuda admisible

eligible vote [IMF]

voto computable voto que cuenta para la eleccin [AA]

ellipsoid

elipsoide

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page408

English e-mail electronic mail [BPM5]

Spanish correo electrnico [MBP5]

embargo [publications] embargoed embargo [publications]

divulgacin prohibida no se divulgue antes de...

embassies and consulates abroad [BPM5]

embajadas y consulados en el extranjero [MBP5]

embassies, surveys of [BPM5]

embajadas, encuestas de

embassy and defense transactions [BPM5]

transacciones de embajadas y de defensa

embedded derivative

derivado integrado derivado incorporado

embedded option [bonds]

opcin incorporada (a un instrumento)

embodied cost

costo incurrido

embodied technological progress (capital)

progreso tcnico incorporado (en el capital)

emergency assistance [IMF]

asistencia de emergencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page409

English Emergency Economic Stabilization Act [USA] EESA

Spanish Ley de Estabilizacin Econmica de Emergencia

Emergency Facility for Natural Disasters [IMF Facilities]

Servicio Financiero de Emergencia para Catstrofes Naturales

emergency financing mechanism [IMF]

mecanismo de financiamiento de emergencia

Emergency Natural Disaster Assistance ENDA Emergency Assistance for Natural Disasters

Asistencia de Emergencia para Catstrofes Naturales

emergency post-conflict assistance [IMF] EPCA emergency and post-conflict assistance policy of emergency assistance to post-conflict countries

Asistencia de Emergencia a Pases en Situacin de Posconflicto

Emergency Program [BOL]

Programa de emergencia

emergency provisions [AA]

disposiciones de emergencia

emergency purchase [IMF facilities]

compra de emergencia

emergency recovery loan [IBRD]

prstamo de emergencia para recuperacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page410

English emerging market

Spanish mercado emergente

emerging market country

pas de mercado emergente

emerging market economy EME

economa de mercado emergente

emerging markets and developing countries EMDCs

pases de mercados emergentes y pases en desarrollo pases de mercados emergentes y en desarrollo

Emerging Markets Bond Index Plus EMBI

ndice EMBI ndice EMBI para los bonos de los mercados emergentes

Emerging Markets Bond Index EMBI

ndice EMBI ndice EMBI para los bonos de los mercados emergentes

Emerging Markets Studies Division

Divisin de Estudios sobre Mercados Emergentes

Emerging Markets Surveillance Division

Divisin de Supervisin de Mercados Emergentes

emigration of the tax base

emigracin de la base imponible nomadismo fiscal

empirical data

datos empricos

empirical demand study

estudio emprico de la demanda

empirical evidence

evidencia emprica datos empricos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page411

English empirical study

Spanish estudio emprico

employee attrition rate

tasa de reduccin natural del personal

employee buyout buyout

gratificacin por retiro voluntario

employee compensation [BPM5; GFSM 2001]

remuneracin de empleados

employee stock option

opcin de compra de acciones por parte de empleados

employee's social contribution [insurance; pensions] employee contribution

aporte del empleado contribucin social de los asalariados [SCN93] contribucin del empleado cotizacin a cargo del empleado

employees [GFSY; BPM5; SNA93]

personal asalariados empleados y obreros empleados

employer

patrono empleador

employer retirement scheme

sistema de jubilacin del empleador

employer social benefits in cash [GFSM]

prestaciones sociales del empleador en efectivo [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page412

English employer social benefits in kind [GFSM]

Spanish prestaciones sociales del empleador en especie [MEFP]

employer social benefits [SNA 1993, GFSM 2001]

prestaciones sociales del empleador [MEFP]

employer social insurance scheme

sistema de seguro social del empleador

employer's actual social contributions actual social contributions

contribuciones sociales efectivas de los empleadores [SCN93] contribuciones sociales efectivas [MEFP; SCN93] contribuciones sociales efectivas del empleador

employers' contributions to social security schemes [SNA93]

contribuciones de los empleadores a la seguridad social [SCN93]

employers' imputed social contributions

contribuciones sociales imputadas de los empleadores

employer's payroll or manpower tax [GFS 1986]

impuesto sobre la nmina a cargo del empleador

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page413

English employer's social contributions [SNA] employer contribution

Spanish cotizacin patronal cotizacin del empleador cotizacin a cargo del empleador cotizacin empresarial contribuciones sociales de los empleadores [SCN93] contribuciones de los empleadores [MEFP] aporte patronal [Am. Lat.] cuota patronal [ESP] cuota del empleador

employment

empleo

employment growth

crecimiento del empleo

Employment Guidelines [IMF]

Reglas Generales de Empleo

employment rate

tasa de empleo tasa de empleo

employment slack

mano de obra no utilizada subempleo del factor trabajo

Employment, Compensation, and Benefits Review ECBR

Reevaluacin del rgimen de empleo, remuneraciones y prestaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page414

English empower, to

Spanish dotar de los medios facultar empoderar potenciar el papel potenciar la participacin habilitar promover la autonoma dar participacin

empowerment

plena participacin en la sociedad pleno ejercicio de los derechos realizacin del potencial empoderamiento potenciacin promocin de la autonoma

empty set

conjunto vaco

enabling clause

clusula de habilitacin

enabling environment

entorno propicio clima propicio

enabling power

potestad normativa competencia normativa capacidad normativa

encash [IMF]

hacer efectivo convertir en efectivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page415

English encashability of bonds [<a href=mcTermLink|8198ae14-6f99-4644-99b744e16ef3444c|9badfbdb-565a-4cac-996c-863baa2df9cb class=FieldValue>NAB</a>] encashable bonds

Spanish convertibilidad de los bonos bonos convertibles

encashable

convertible en efectivo

encashable loan claim

crdito convertible crdito realizable

encashment

realizacin conversin en efectivo presentacin de valores al cobro cobro

encashment of rights [IMF]

utilizacin de los derechos acumulados

encashment right [IMF]

derecho de conversin en efectivo

encouraged area [GDDS]

categora recomendada

encouraged extension [GDDS]

ampliacin recomendada

encouraged standard [IMF-EBB]

norma recomendada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page416

English encumbered [BPM5]

Spanish gravado sujeto a carga o gravamen

end consumer

consumidor final

end of mission report [IMF]

informe de fin de misin

end of period [IFS]

fin de perodo

end product final product

producto final producto terminado

end use

uso final

end user final user

usuario final

end-of-quarter to end-of-quarter change

variacin entre fines de trimestre

Endogenous Growth Model

modelo de crecimiento endgeno

endogenous shock

shock endgeno perturbacin endgena

endogenous variable

variable endgena

endorsement [SNA93]

endoso [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page417

English endowment

Spanish dotacin dotacin de fondos

Energy and Commodities Surveillance Unit [RES/AI/CS]

Unidad de Seguimiento de los Precios de la Energa y las Materias Primas

energy arrears

atrasos en los pagos por el suministro de energa

Energy for the Poor Initiative EFPI

Iniciativa Energa para los Pobres

energy saving growth

crecimiento con bajo consumo de energa

energy-intensive

de alto consumo energtico con uso intensivo de energa

energy-saving technology

tecnologa con bajo consumo de energa

enforceable [IMF]

exigible

enforcement of security realization of collateral

ejecucin de garantas ejecucin de bienes en garanta

enforcement power [IMF]

potestad fiscalizadora poder de sancin por incumplimiento

engagement letter

carta de contratacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page418

English engagement of the IMF in a country IMF engagement Fund involvement Fund engagement engagement

Spanish relacin del FMI con el pas la labor del FMI las actividades del FMI el trabajo que realiza el FMI trabajo del FMI con el pas labor que desempea el FMI en el pas relacin entre el FMI y el pas

engine of growth

motor del crecimiento propulsor del crecimiento

English Division

Divisin de Ingls

enhanced concessions [Paris Club]

condiciones ms concesionarias condiciones ms favorables concesiones mejoradas concesiones reforzadas

enhanced credit credit enhancement

crdito reforzado refuerzo del crdito

Enhanced Diversity Action Plan [IMF]

Plan ampliado para aumentar la diversidad

enhanced Initiative for Heavily Indebted Poor Countries [IMF] enhanced HIPC Initiative [IMF] Enhanced Heavily Indebted Poor Countries Initiative

Iniciativa Reforzada para los Pases Pobres Muy Endeudados Iniciativa Reforzada para los PPME

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page419

English Enhanced Integrated Framework for Trade-Related Technical Assistance to least-developed countries Enhanced IF EIF

Spanish Marco Integrado mejorado para la asistencia tcnica relacionada con el comercio en apoyo de los pases menos adelantados MI mejorado

Enhanced Monitoring Policy EMP

Poltica de Supervisin Reforzada

enhanced monitoring procedure [IMF] EMP

procedimiento de supervisin reforzada

Enhanced Structural Adjustment Facility Trust Instrument ESAF Trust Instrument

Instrumento de creacin de la Cuenta Fiduciaria del servicio reforzado de ajuste estructural Instrumento de creacin de la Cuenta Fiduciaria del SRAE

Enhanced Structural Adjustment Facility Trust [IMF] ESAF Trust

Cuenta Fiduciaria del Servicio Reforzado de Ajuste Estructural Cuenta Fiduciaria del SRAE

Enhanced Structural Adjustment Facility [IMF] ESAF enhanced SAF

Servicio Reforzado de Ajuste Estructural SRAE

Enhanced Structural Adjustment Facility, enlarged and extended [unofficial title]

servicio reforzado de ajuste estructural, ampliado y prorrogado

enhanced surveillance procedure [IMF] enhanced surveillance

procedimiento de supervisin reforzada [P45] supervisin reforzada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page420

English enhanced Toronto terms

Spanish condiciones de Toronto mejoradas

enhancement money [debt restructuring]

refuerzo monetario de los activos

enhancement of debt-bond exchanges

refuerzo de las operaciones de canje de deuda por bonos refuerzo de las operaciones de intercambio de deuda por bonos

enhancement of resources

aumento de los recursos refuerzo de los recursos financieros

enhancement of SDRs

refuerzo del DEG

enlarged access resources [IMF] EAR

recursos disponibles en el marco de la poltica de mayor acceso

enlarged access to the Fund's resources [IMF] EAR enlarged access to Fund resources

mayor acceso a los recursos del FMI

enlarged government

gobierno en sentido amplio

enlarged reduced form [equation models] extended reduced form

forma reducida ampliada

enrollment ratio [education] enrollment rate

tasa de matrcula tasa de escolarizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page421

English enter into an agreement, to

Spanish celebrar un acuerdo participar en un acuerdo

enter into transactions [AA]

celebrar transacciones

enter, to (the system)

entrar (en el sistema)

enterprise

empresa

enterprise economy

economa de libre empresa economa de empresa

Enterprise for the Americas Initiative [USA]

Iniciativa para las Amricas

enterprise group [BPM5]

grupo empresarial

enterprise reserve fund

fondo de reserva de empresas

enterprise surveys on compensation payable to foreign workers [BPM5]

encuestas empresariales sobre la remuneracin de trabajadores extranjeros

enterprise surveys on external assets and liabilities [BPM5]

encuestas empresariales sobre los activos y pasivos externos

enterprise surveys ES

encuestas empresariales EE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page422

English Enterprise Web Integration Team [TGS/IM]

Spanish Grupo de Integracin a la Web

enterprise-type unit [SNA93]

unidad tipo empresa [SCN93]

entertainment

entretenimiento espectculos

entertainment, literary or artistic originals [SNA93]

originales para esparcimiento, literarios o artsticos [SCN93]

entire amount [GFSM]

monto completo [MEFP]

entire price change [SNA93]

cambio absoluto en el precio [SCN93] cambio total en el precio [SCN93]

entities associated with one territory [BPM5]

unidades vinculadas al territorio [MBP5]

entitled to representation [AA]

derecho a hacerse representar, con

entitlement program [USA]

programa de prestaciones estatales programa de subsidios sociales establecido por ley

entitlement reform

reforma de los programas de prestaciones sociales reforma del rgimen de prestaciones sociales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page423

English entitlement spending

Spanish gasto en prestaciones preceptivas, obligatorias

entitlement [USA]

derecho a prestaciones

entity

entidad unidad

entrept trade

comercio de trnsito comercio de reexportacin

entrept [trade]

almacn

entrepreneur

empresario

entrepreneurial and property income [GFSY]

ingresos empresariales y de la propiedad

entrepreneurial income

ingreso empresarial renta empresarial renta de la empresa

entrepreneurial income account [SNA93]

cuenta de ingreso empresarial [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page424

English entrepreneurship [SNA93]

Spanish organizacin empresarial [SCN93] capacidad empresarial [SCN93] espritu de empresa espritu empresarial [SCN93]

entry [accounting]

asiento partida registro [SCN93] entrada [SCN93]

enumerator [census]

empadronador censista encuestador

envelope theorem

teorema de la envolvente

environment

clima marco condiciones situacin coyuntura entorno

environmental accounting green accounting

contabilidad ambiental

environmental action plan [IBRD]

plan de accin ambiental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page425

English Environmental Action Programme, Five-year [EC]

Spanish Programa quinquenal en materia de medio ambiente

environmental and labor standards

normas ambientales y laborales

environmental assets [SNA93]

activos ambientales [SCN93] activos del medio ambiente [SCN93]

environmental constraint

limitacin impuesta para proteccin del medio ambiente limitacin ecolgica

environmental depletion depletion of natural resources [BPM5]

agotamiento de los recursos naturales

environmental impact

impacto ambiental efecto sobre el medio ambiente

environmental protection n.e.c. [GFSM]

proteccin del medio ambiente n.e.p. [MEFP]

environmental protection [GFSM]

proteccin del medio ambiente [MEFP]

environmental tax green tax

impuesto para proteccin del medio ambiente impuesto ambiental

Environmentally and Socially Sustainable Development Network [IBRD] ESSD

Red sobre Desarrollo Social y Ecolgicamente Sostenible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page426

English environmentally sustainable development [IBRD]

Spanish desarrollo ecolgicamente sostenible

epidemic

epidemia

equal value exchange rate [SDR]

tipo de cambio de igual valor tipo de cambio basado en el principio de igual valor

equal value principle [SDR]

principio de igual valor principio de igualdad de valor

equal weight approach [FSIG] equal weighting

ponderacin equitativa [GISF]

equalization grant [public finance]

subvencin de igualacin subvencin de equiparacin subvencin de nivelacin

equalization of burden fund equalization fund

fondo de equiparacin

equally likely events

sucesos igualmente verosmiles

equation of exchange Fisher equation

ecuacin de cambio ecuacin de Fisher

Equatorial African Division I, II

Divisin de frica Ecuatorial I, II

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page427

English equilibrating capital flow equilibrating capital movement

Spanish flujo de capital que contribuye al equilibrio corriente de capital que contribuye al equilibrio movimiento de capital que contribuye al equilibrio

equilibrium effects

efectos de equilibrio

equilibrium exchange rate

tipo de cambio de equilibrio

equilibrium path

trayectoria de equilibrio

equilibrium quantity of money

cantidad de dinero de equilibrio

equilibrium real exchange rate

tipo de cambio real de equilibrio

equilibrium unemployment equilibrium rate of unemployment

desempleo de equilibrio

equiprobability curve

curva de equiprobabilidad

equiproportionality [SDR allocation]

equiproporcionalidad

equitable share [SDR]

distribucin equitativa

equity adequacy

suficiencia patrimonial

equity assets [FSIG]

activos por participaciones de capital [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page428

English equity buyout buyout

Spanish compra de la posicin mayoritaria de una empresa

equity capital and reinvested earnings [BPM5]

acciones y otras participaciones de capital y utilidades reinvertidas [MBP5]

equity capital inflow

entrada de capital para la compra de acciones

equity claims [BPM5]

acciones y otras participaciones [MBP5]

equity conversion

conversin en capital

equity financing equity finance

financiamiento mediante venta de acciones financiamiento mediante emisin de acciones

equity funds [GFSM]

fondos de acciones [GFSR] fondos de capital [MEFP]

equity income

renta de la inversin en acciones

equity investment

inversin en participaciones de capital inversin de capital [GISF]

equity issue [SDR allocation]

cuestin de la equidad de las asignaciones de DEG

equity loan

prstamo en forma de participacin en el capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page429

English equity market stock market

Spanish mercado de acciones mercado accionario bolsa mercado de valores

equity oil profit oil

ganancia por comercializacin del petrleo

equity option stock option

opcin sobre acciones u otras participaciones de capital

equity ownership equity participation equity interest equity share

participacin accionaria participacin en el capital social propiedad del capital social participacin en el capital

equity participation note

pagar con derecho de participacin en el capital social

equity portfolio

cartera de acciones

equity position

posicin de capital nivel de fondos propios

equity price

cotizaciones de las acciones

equity profitability

rentabilidad patrimonial

equity security

ttulo de participacin en el capital ttulo participativo ttulo de participacin de capital ttulo-valor de renta variable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page430

English equity swap

Spanish swap de acciones u otras participaciones de capital

equity transaction

transaccin de capital transaccin relativa a participaciones de capital

equity equity capital

capital social capital accionario capital propio acciones y otras participaciones de capital participacin de capital

equity-like instrument

instrumento financiero con caractersticas patrimoniales

equivalent structure

estructura equivalente

ergodic process

proceso ergdico

ergodic stationary stochastic process

proceso estocstico estacionario ergdico

ergodicity

ergodicidad

erosion [markets]

erosin desgaste

error component

componente de error

error of estimate

error de estimacin

error of specification specification error

error de especificacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page431

English error-correction model [econometrics] ECM

Spanish modelo autocorrector

errors [BPM5]

errores

ESAF arrangement [IMF]

acuerdo en el marco del SRAE

ESAF Review Division [PDR/ES]

Divisin de Examen del SRAE

ESAF successor [IMF] successor facility

servicio financiero sucesor del SRAE

ESAF Trust Loan Account Loan Account

Cuenta de Prstamos

ESAF Trust loan [IMF-ESAF] Trust loan

prstamo de la Cuenta Fiduciaria del SRAE prstamo en el marco de la Cuenta Fiduciaria del SRAE

ESAF Trust portion of ESAF (or SAF) loan [IMF-FIN] ESAF Trust part of ESAF loan

parte de los prstamos en el marco del SRAE (o el SAE) financiada con cargo a la Cuenta Fiduciaria del SRAE

ESAF Trust Reserve Account Reserve Account

Cuenta de Reservas del SRAE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page432

English ESAF Trust Subsidy Account Subsidy Account

Spanish Cuenta de Subvencin

ESAF-HIPC Trust Account [IMF]

Cuenta Fiduciaria SRAE-PPME

escalation (taxes)

progresividad arancelaria

escalator clause escalation clause

clusula de ajuste automtico clusula de reajuste clusula de correccin monetaria clusula de escala mvil [salarios]

escape clause

clusula de excepcin clusula liberatoria clusula de salvaguardia

escrow account [IMF/WB; HIPC]

cuenta de depsito en garanta cuenta de fondos en custodia [ESAF-HIPC] cuenta de garanta bloqueada [Club de Pars]

escrowed grant [ESAF-HIPC]

donacin en custodia

escrowed loan [ESAF-HIPC]

prstamo en custodia

ESF Subsidy Account [IMF]

Cuenta de Subvencin del SSE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page433

English ESF-PRGF Subsidy Account [IMF]

Spanish Cuenta de Subvencin SCLP-SSE

essential goods

artculos de primera necesidad productos de primera necesidad

establishment trade

actividades comerciales entre establecimientos de empresas multinacionales

establishment [BPM5; SNA93]

establecimiento [SCN93]

estate

patrimonio sucesin

estate duty estate tax

impuesto sobre las sucesiones impuesto sobre la herencia impuesto sucesorio impuesto de sucesin impuesto sobre la masa hereditaria

estate, inheritance, and gift taxes

impuestos sobre sucesiones, herencias y regalos

estimable function

funcin estimable

estimate

estimacin

estimated expenditure

estimacin de gastos gasto estimado gasto previsto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page434

English estimation in the absence of data [BPM5]

Spanish estimaciones en ausencia de datos

estimation using ratios [BPM5]

estimacin usando razones

estimator [statistics]

estimador

Ethics Committee [IMF, Executive Board]

Comisin de tica

Ethics Office [IMF-OMD]

Oficina de tica

Ethics Officer [IMF-OMD]

Funcionario a cargo de Asuntos ticos

EU banking supervisory authorities

autoridades de supervisin bancaria de la UE

EU law on the capital operations [EU]

legislacin comunitaria sobre operaciones en capital

EU Policies Division [EUR/EU]

Divisin de Polticas de la UE

EU-15

UE de los 15

Euclidean distance

distancia euclidiana

Euclidean space

espacio euclidiano

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page435

English Eurepo

Spanish Eurepo

Euribor Euro Interbank Offered Rate

Euribor

euro

euro

Euro 11 Group

Grupo Euro 11

euro area euro zone eurozone

zona del euro

Euro Plus Pact

Pacto por el Euro Plus

Eurobanking institution

eurobanco

Eurobond

eurobono

Eurobond issue

emisin de eurobonos

Eurobond market

mercado de eurobonos

Eurocommercial paper [BPM5] ECP Euro-CP

efectos comerciales en eurodivisas [MBP5]

Eurocredit Eurocurrency loan

eurocrdito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page436

English Eurocurrency

Spanish euromoneda

Euro-currency Standing Committee [BIS] ECSC Eurocurrency Standing Committee

Comit Permanente de Eurodivisas [BPI]

Eurodollar [SNA93]

eurodlar [SCN93]

Eurogeddon

Eurogedn

Euroissue

euroemisin

euroization

euroizacin eurizacin

Euro-Latin American Bank EULABANK

Banco Europeo-Latinoamericano

Euromarket

euromercado

Euronote

europagar

Europe Regional Division [MCM/R3]

Divisin de la Regin de Europa

Europe, Middle East and North Africa EMENA

Europa, Oriente Medio y Norte de Africa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page437

English European Agricultural Guidance and Guarantee Fund [EC] EAGGF

Spanish Fondo Europeo de Orientacin y de Garanta Agrcola FEOGA

European Anti-Fraud Office OLAF

Oficina Europea de Lucha contra el Fraude OLAF

European Association of Aerospace Manufacturers

Asociacin Europea de Constructores de Material Aeroespacial AECMA

European Association of Development Research and Training Institutes EADI

EADI

European Atomic Energy Community EURATOM

Comunidad Europea de Energa Atmica EURATOM

European bailout fund

fondo de rescate europeo

European Bank Coordination Initiative Vienna Initiative Initiative for Coordination of European Banks

Iniciativa de Coordinacin Bancaria Europea Iniciativa de Viena

European Bank for Latin America

Banco Europeo para Amrica Latina BEAL

European Bank for Reconstruction and Development EBRD

Banco Europeo de Reconstruccin y Desarrollo BERD

European Banking Authority EBA

Autoridad Bancaria Europea ABE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page438

English European Central Bank ECB

Spanish Banco Central Europeo BCE

European Coal and Steel Community ECSC

Comunidad Europea del Carbn y del Acero CECA

European Committee for Economic and Social Progress CEPES

Comit Europeo para el Progreso Econmico y Social CEPES

European Committee for Standardisation CEN

Comit Europeo de Normalizacin

European common margins arrangement

acuerdo europeo de mrgenes comunes

European Communities Information and Documentary Research Centre [EC] CIRCE

Centro de Informacin e Investigacin Documental de las Comunidades Europeas [EC] CIRCE

European Communities EC

Comunidades Europeas CE

European composite unit

unidad compuesta europea

European Confederation of Agriculture CEA

Confederacin Europea de Agricultura

European Convention on International Commercial Arbitration [ECE/UNCITRAL]

Convencin europea sobre arbitraje comercial internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page439

English European Convention on the Suppression of Terrorism

Spanish Convencin Europea para la Represin del Terrorismo Convencin Europea para la Represin del Terrorismo

European Council [EU]

Consejo Europeo

European countries

pases europeos

European Court of Auditors [EU]

Tribunal de Cuentas Europeo

European currency unit ECU

unidad de cuenta europea ecu

European Department [IMF] EUR

Departamento de Europa

European Development Fund EDF

Fondo Europeo de Desarrollo FED

European Division [INS/EU]

Divisin de Europa

European Division/Area EUR

Divisin/Regin de Europa

European Economic Area EEA European Economic Space

Espacio Econmico Europeo EEE Zona Econmica Europea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page440

English European Economic Community EEC

Spanish Comunidad Econmica Europea CEE

European Employment Strategy: Recent Progress and Prospects for the Future, The

estrategia europea en favor del empleo: progresos recientes y perspectivas, La

European Environment Agency EEA

Agencia Europea de Medio Ambiente AEMA

European Financial Reporting Advisory Group EFRAG

Grupo consultivo para la informacin financiera en Europa EFRAG

European Financial Stability Facility EFSF

Fondo Europeo de Estabilidad Financiera FEEF

European Financial Stabilization Mechanism EFSM

Mecanismo Europeo de Estabilizacin Financiera MEEF

European Free Trade Area

Zona Europea de Libre Intercambio

European Free Trade Association EFTA

Asociacin Europea de Libre Comercio AELC

European II Department EU2

Departamento de Europa II

European index of consumer prices EICP

ndice europeo de precios al consumo IEPC

European Institute of Business Administration

Instituto Europeo de Administracin de Empresas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page441

English European International Vacancy Clearance System [EC] SEDOC

Spanish Sistema Europeo de Ofertas y Demandas de Empleo Registradas en Compensacin Internacional [EC] SEDOC

European Investment Bank EIB

Banco Europeo de Inversiones BEI

European Investment Fund EIF

Fondo Europeo de Inversiones FEI

European Monetary Cooperation Fund EMCF

Fondo Europeo de Cooperacin Monetaria FECOM

European Monetary Institute EMI

Instituto Monetario Europeo IME

European Monetary System EMS

Sistema Monetario Europeo SME

European Monetary Union EMU

Unin Monetaria Europea UME

European Monetary Unit of Account EMUA

Unidad de Cuenta Monetaria Europea UCME

European Mortgage Federation

FHE Federacin Hipotecaria Europea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page442

English European narrow margins arrangement snake in the tunnel snake system currency snake system multicurrency intervention system

Spanish acuerdo europeo de mrgenes estrechos serpiente (en el tnel) intervencin en mltiples monedas

European Neighbourhood Instrument ENI

Instrumento Europeo de Vecindad IEV

European Neighbourhood Policy ENP

Poltica Europea de Vecindad PEV

European Network on Debt and Development EURODAD

Red Europea sobre la Deuda y el Desarrollo EURODAD

European Organization of Supreme Audit Institutions EUROSAI

Organizacin de Entidades Fiscalizadoras Superiores de Europa EUROSAI

European Patent Office EPO

Oficina Europea de Patentes

European Payments Union EPU

Unin Europea de Pagos

European periphery

periferia europea

European Regional Development Fund [EC] ERDF

Fondo Europeo de Desarrollo Regional FEDER

European Semester

semestre europeo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page443

English European Social Fund [EC] ESF

Spanish Fondo Social Europeo FSE

European Stability Mechanism ESM

Mecanismo de Estabilidad Financiera MEE

European Stabilization Mechanism ESM

Mecanismo Europeo de Estabilidad MEDE

European Strategic Programme for Research and Development in Information Technology [EC] ESPRIT

Programa estratgico europeo de investigacin y desarrollo en el mbito de las tecnologas de la informacin

European System of Central Banks [EU] ESCB Eurofed

Sistema Europeo de Bancos Centrales SEBC Eurofed

European System of Financial Supervisors ESFS

Sistema Europeo de Supervisores Financieros

European System of Integrated Economic Accounts ESA

SEC Sistema europeo de cuentas econmicas integradas SEC Sistema europeo de cuentas econmicas integradas

European System of Integrated Social Protection Statistics ESSPROS

Sistema Europeo de Estadsticas Integradas de Proteccin Social SEEPROS

European System of National and Regional Accounts

Sistema europeo de cuentas nacionales y regionales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page444

English European Union Unit

Spanish Unidad de la Unin Europea

European Union EU

Unin Europea UE

European Unit of Account EUA

unidad de cuenta europea UCE

European-style option [securities market] European option

opcin a la europea

eurosclerosis euro sclerosis

euroesclerosis

Eurosystem

eurosistema

Euroyen

euroyen

Evaluation Committee [IMF, Executive Board] EVC

Comisin de Evaluacin

Evaluation Group

Grupo de Evaluacin

evaluation mission [IMF]

misin de diagnstico

even par swap

canje de valores de igual valor nominal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page445

English evenhandedness

Spanish trato igualitario imparcialidad

evenhandedness of surveillance

imparcialidad de la supervisin

event of default [London Club]

causal de incumplimiento caso de incumplimiento

event risk

riesgo de que empeore la situacin riesgo de eventos riesgo eventual

event [GFSM; SNA93]

evento [MEFP; SCN93]

evergreening of loans [banking] evergreening of bad accounts

reciclaje

Everything But Arms Initiative EBA

iniciativa Todo menos armas

Evian approach

enfoque de Evian

ex ante

ex ante a priori

ex ante forecast

pronstico ex ante previsin ex ante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page446

English ex post assessment of Fund-supported programs Ex Post Assessment EPA

Spanish evaluacin ex post de los programas respaldados por el FMI evaluacin ex post

ex post evaluation [IMF] EPE

evaluacin ex post

ex post forecast

previsin ex post pronstico ex post

ex quay EXQ

sobre muelle EXQ

ex ship EXS

EXS a bordo sobre buque

exceptional access policy

poltica de acceso excepcional

exceptional circumstances clause [IMF, access limit]

clusula de circunstancias excepcionales

exceptional financing transactions [BPM5]

transacciones de financiamiento excepcional [MBP5]

exceptional financing [BPM5; BPM6]

financiamiento excepcional [MBP6]

exceptional losses in inventories [SNA93]

prdidas excepcionales en las existencias [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page447

English exceptional or unexpected events [GFSM]

Spanish circunstancias extraordinarias o imprevistas [MEFP]

excess (plant) capacity

exceso de capacidad (instalada)

excess capital formation excess capital accumulation

sobrecapitalizacin formacin excesiva de capital sobreacumulacin de capital

excess demand

exceso de demanda demanda excedentaria

excess employment

sobreempleo

excess expenditure

exceso de gastos

excess holding ratio [SDR]

proporcin de tenencias en exceso

excess profit economic profit supranormal profit

utilidades extraordinarias ganancias extraordinarias beneficios extraordinarios

excess purchasing power

exceso de poder adquisitivo

excess reserves

exceso de reservas excedente de encaje [SCN93] sobreencaje excedente de reservas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page448

English excess tax burden excess burden deadweight loss efficiency loss

Spanish presin fiscal excesiva tributacin excesiva prdida de eficiencia debida a los impuestos

excessive deficit procedure [EU]

procedimiento aplicable en caso de dficit excesivo

exchange allocation

asignacin de divisas

Exchange and Trade Relations Department ETR

Departamento de Relaciones Cambiarias y Comerciales

exchange arrangement exchange rate arrangement exchange rate regime exchange system

rgimen cambiario [MBP5] rgimen de tipos de cambio [MBP5] rgimen de cambio

exchange arrangements with no separate legal tender [IMF exchange rate classification system, 2006]

regmenes de cambio sin una moneda nacional de curso legal

exchange contract

contrato de cambio

exchange control exchange restriction

control de cambios regulacin cambiaria [Am. Lat.] restriccin cambiaria

exchange credit [SNA93]

crdito cambiario [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page449

English Exchange Equalization Account [GBR] EEA

Spanish Cuenta de Igualacin de Cambios

Exchange Fund [Hong Kong]

Fondo de Regulacin Cambiaria

exchange house exchange bureau

casa de cambio

exchange offer [BPM5]

propuesta de conversin [MBP5]

exchange premium [SNA93]

prima de cambio [SCN93]

exchange profits [GFSM; GFSY]

utilidades de operaciones cambiarias [MEFP] utilidades cambiarias

exchange rate adjustment to overall deficit/superavit [IFS]

ajuste del dficit/supervit global por tipo de cambio

exchange rate anchor [IMF monetary policy framework classification system, 2006]

uso del tipo de cambio como ancla ancla cambiaria

exchange rate appreciation

apreciacin del tipo de cambio

exchange rate differential

diferencia entre los tipos de cambio diferencial de tipos de cambio diferencial cambiario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page450

English exchange rate future

Spanish contrato de tipo de cambio a plazo futuro sobre tipos de cambio contrato de tipo de cambio a trmino

Exchange Rate Issues Division [RES/ER]

Divisin de Asuntos Cambiarios

exchange rate management

regulacin del tipo de cambio gestin del tipo de cambio

Exchange Rate Mechanism II ERM II

mecanismo de tipos de cambio 2 MTC 2

Exchange Rate Mechanism [EMS] ERM Exchange Rate Mechanism I ERM I

mecanismo de tipos de cambio MTC

exchange rate misalignment

desalineacin del tipo de cambio

exchange rate overshooting

sobrerreaccin del tipo de cambio

exchange rate pass-through ERPT

repercusin de los ajustes del tipo de cambio en los precios internos traspaso de los ajustes del tipo de cambio a los precios internos

exchange rate policy exchange policy foreign exchange policy

poltica cambiaria poltica de tipos de cambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page451

English exchange rate realignment currency realignment

Spanish realineamiento de los tipos de cambio realineamiento de las paridades realineamiento de las monedas

exchange rate spread

margen cambiario

exchange rate targeting exchange rate targeting strategy

estrategia de objetivos de tipo de cambio estrategia basada en objetivos de tipo de cambio

exchange rate volatility

volatilidad del tipo de cambio volatilidad cambiaria

exchange rate rate of exchange

tipo de cambio tasa de cambio

exchange rates within crawling bands [IMF exchange rate classification system, 2006]

tipos de cambio dentro de bandas de fluctuacin

exchange rates: preference indicated [IFS]

tipos de cambio: preferencia indicada

Exchange Regime and Debt and Reserve Management Division

Divisin de Regmenes Cambiarios y Gestin de la Deuda y las Reservas

Exchange Regime and Market Operations Division

Divisin de Regmenes Cambiarios y Operaciones de Mercado

exchange reserves foreign exchange reserves

reservas de divisas reservas en moneda extranjera

exchange risk

riesgo cambiario riesgo de cambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page452

English exchange risk insurance foreign exchange insurance exchange insurance

Spanish seguro de cambio

exchange stability

estabilidad de los tipos de cambio estabilidad cambiaria

Exchange Systems Surveillance Division

Divisin de Supervisin de los Regmenes Cambiarios

exchange valuation adjustment

ajuste por revaloracin cambiaria ajuste por revaloracin de divisas

exchange value

valor de cambio

exchange foreign currency foreign exchange forex

moneda extranjera [MBP6; Gua de la deuda, 1993; MEFP; SCN93] divisa [SCN93] divisas [MBP5] cambio

exchange-traded fund ETF tracker

fondo cotizado en bolsa (ETF)

excise tax excise

impuesto selectivo al consumo impuesto selectivo impuesto especfico sobre el consumo impuesto especfico impuesto selectivo a la produccin y al consumo de bienes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page453

English exclude [AA, purchases]

Spanish excluir

excluded holdings [IMF]

tenencias excluidas

exclusive economic zone EEZ

zona econmica exclusiva

ex-combatants reintegration [WB]

reintegracin de los ex combatientes

excursionists [BPM5]

excursionistas [MBP5]

executing agency

organismo de ejecucin

Executing Agency Agreement [UNDP]

acuerdo con el organismo de ejecucin

executive and legislative organs [GFSM]

rganos ejecutivos y legislativos [MEFP]

executive and legislative organs, financial and fiscal affairs, external affairs [GFSM]

rganos ejecutivos y legislativos, asuntos financieros y fiscales, asuntos externos [MEFP]

Executive Board Administrative Matters [IMF document series; EBAM/...] EBAM

documento de la serie Asuntos Administrativos del Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page454

English Executive Board Administrative Paper [IMF document series; EBAP/...] EBAP

Spanish documento de la serie Documentos Administrativos del Directorio Ejecutivo

Executive Board and Member Services Section [SEC/AI/BM] EBMS

Seccin de Servicios para el Directorio Ejecutivo y los Pases Miembros

Executive Board Document [IMF document series; EBD/...] EBD

documento del Directorio Ejecutivo (serie EBD) documento de la serie Documentos del Directorio Ejecutivo

Executive Board Minutes [IMF document series; EBM/...] EBM

acta de la reunin del Directorio Ejecutivo

Executive Board Proceedings Division EBDP

Divisin de Actas del Directorio Ejecutivo

Executive Board Room [IMF-SEC] Board Room

Saln del Directorio Ejecutivo

Executive Board Seminar [IMF document series]

documento de la serie Seminarios del Directorio Ejecutivo

Executive Board Services Assistant [IMF-SEC]

Auxiliar de los Servicios del Directorio Ejecutivo

Executive Board Services Section

Seccin de Servicios al Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page455

English Executive Board Special [IMF document series; EBS/...] EBS

Spanish documento de la serie Documentos Especiales del Directorio Ejecutivo documentos especiales del Directorio Ejecutivo

Executive Board [IMF] Board

Directorio Ejecutivo Directorio

Executive Dining Room [IMF]

Comedor Ejecutivo

Executive Director [IMF-OED] ED

Director Ejecutivo

Executive Director, Alternate [IMF-OED]

Director Ejecutivo Suplente

Executive Secretary [IMF-IBRD, Development Committee]

Secretario Ejecutivo

executive session [IMF, Executive Board]

sesin a puerta cerrada

executive summary

resumen analtico Resumen ejecutivo

exercise an option [noncommercial]

optar elegir decidir

exercise date

fecha de ejercicio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page456

English exercise of a financial derivative

Spanish ejercicio de un instrumento financiero derivado

exercise price [options] striking price strike price contract price

precio de ejercicio precio de ejecucin

exhaustible resource

recurso no renovable recurso agotable

exhaustion of foreign assets

agotamiento de los activos externos, exteriores

exhaustion [GFSM]

uso total [MEFP]

exhibits [BPM5]

exposiciones [MBP5]

exit agreement [debt restructuring]

acuerdo de salida acuerdo final acuerdo definitivo

exit bank [debt restructuring]

banco saliente banco que opta por la exclusin

exit bond [debt restructuring] exit instrument

bono de salida

exit consent [debt restructuring]

clusula de consentimiento de salida

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page457

English exit from monetary and fiscal stimulus

Spanish retiro del estmulo monetario y fiscal [WHD REO]

exit meeting [auditing]

reunin de cierre

exit policy

poltica de salida (del mercado)

exit rescheduling [Paris Club]

reprogramacin definitiva

exit strategy [exchange rate pegging]

estrategia de salida estrategia para abandonar el (rgimen de) tipo de cambio fijo

exogenous factor

factor exgeno

exogenous growth model

modelo de crecimiento exgeno

exogenous shock

shock exgeno perturbacin exgena

Exogenous Shocks Facility ESF shocks facility

Servicio para Shocks Exgenos SSE

exogenous variable

variable exgena

exotic security

ttulo valor extico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page458

English expanded cofinancing operation (program) [IBRD] ECO ECO Program

Spanish operacin(es) ampliada(s) de cofinanciamiento(, programa de) OAC

expansion

desarrollo

expansionary impulse

impulso expansivo impulso expansionista

expansionary policy

poltica expansiva poltica expansionista poltica de expansin

expectation date [IMF repurchases]

fecha en que se espera una recompra

expectation [SNA93]

expectativa [SCN93]

expectations of early repurchases [BPM5]

recompras previstas anticipadas [MBP5]

expected economic lifetime expected economic life

vida econmica probable vida econmica esperada

expected rate

tasa prevista tasa esperada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page459

English expected recovery given default ERGD

Spanish recuperacin prevista en caso de incumplimiento [GISF] recuperacin esperada en caso de cesacin de pagos recuperacin esperada en caso de default

expected utility EU

utilidad prevista utilidad esperada

expected value [statistics] EV mathematical expectation

valor esperado esperanza matemtica

expected yield [projects, fixed investments]

rendimiento previsto

expendable good

bien no duradero

expenditure

gasto desembolso

expenditure and lending minus repayments by economic type

gastos y concesin de prstamos menos recuperaciones por tipo econmico

expenditure and lending [IFS]

gasto y concesin de prstamos

expenditure arrears

atrasos por concepto de gastos

expenditure assignment

asignacin del gasto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page460

English expenditure authorization

Spanish autorizacin de gastos

expenditure by function [GFS 1986]

gastos por funciones

expenditure class

clase de gasto(s)

expenditure commitment commitment

compromiso de gastos compromiso de autorizacin de gastos

expenditure item [GFS 1986] expense item [GFSM 2001]

partida de gastos rubro de gastos rbrica de gastos [ESP]

expenditure on the gross domestic product [SNA93]

gasto correspondiente al producto interno bruto [SCN93]

expenditure pattern [CPI]

pautas de gasto modalidad de gasto patrn(es) de gasto(s)

Expenditure Policy Division [FAD/EP]

Divisin de Polticas de Gasto

expenditure tax [GFS 1986]

impuesto sobre el gasto impuesto al gasto

expenditure validation validation

liquidacin validacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page461

English expenditure verification verification

Spanish verificacin

expenditure(s) on owner-occupied housing [CPI]

gasto(s) en la vivienda propia

expenditure-changing policy

poltica de modificacin del gasto

expenditure-reducing policy

poltica de reduccin del gasto

expenditure-restraining measures

medidas de restriccin del gasto

expenditure-switching policy switching policy

poltica de reorientacin del gasto poltica de modificacin de la composicin del gasto

expense transaction [GFSM]

transaccin de gasto [MEFP]

expense expenditure

erogacin gasto desembolso

expensing immediate expensing immediate write-off

amortizacin inmediata deduccin inmediata como gasto

expensive

caro costoso

experimental design

plan de experiencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page462

English experimental economics

Spanish economa experimental

Expert Group on Export Credit [UNCTAD]

Grupo de Expertos en el Crdito a la Exportacin

Expert Group on International Classifications [UN]

Grupo de Expertos en Clasificaciones Internacionales

Expert Group on International Flows and Balances [IMF]

Grupo de Expertos en Flujos y Saldos Financieros

Expert Group on International Monetary Issues [UNCTAD]

Grupo de Expertos en Problemas Monetarios Internacionales

Expert Group on Multilateral Payments Arrangements [UNCTAD]

Grupo de Expertos en Acuerdos Multilaterales de Pagos

Expert Group on the Statistical Implications of Recent Major United Nations Conferences [UN]

Grupo de Expertos sobre las repercusiones estadsticas de conferencias recientes importantes de las Naciones Unidas

expiration

vencimiento

expiration date [BPM5]

fecha de vencimiento

expiration of non utilized options [SNA93]

vencimiento de opciones no utilizadas [SCN93]

explanatory power [economic models]

poder explicativo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page463

English explanatory variable [economic models]

Spanish variable explicativa

exploration of natural resources [BOP]

exploracin de recursos naturales

exploration right

derecho de prospeccin

exploratory forms [BPM5]

formularios exploratorios

exploratory surveys [BPM5]

encuestas exploratorias [MBP5]

explosive cobweb

telaraa explosiva

exponent

exponente

exponential distribution

distribucin exponencial

exponential function

funcin exponencial

export capacity

capacidad exportadora capacidad de exportacin

export credit

crdito de exportacin crdito a la exportacin [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page464

English export credit agency [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] ECA

Spanish organismo de crdito a la exportacin

export duty export tax

derecho de exportacin derecho de exportacin impuesto sobre las exportaciones

export earnings export proceeds export receipts

ingresos de exportacin ingresos provenientes de la exportacin

export of goods [BPM5]

exportacin de bienes

export performance

trayectoria de las exportaciones situacin de las exportaciones comportamiento de las exportaciones resultado de las exportaciones evolucin de la exportacin

export price [for a specific product]

precio de exportacin

export price(s), unit [terms of trade]

precio (unitario) de las exportaciones

export prices in U.S. dollars [IFS]

precios de exportacin en dlares de ee.uu.

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page465

English export processing enterprise

Spanish empresa maquiladora [a veces] empresa franca

export processing zone EPZ industrial free trade zone industrial free trade area

zona franca para la industria de exportacin zona de procesamiento para la exportacin zona maquiladora zona franca industrial

export promotion

fomento de la exportacin promocin de las exportaciones

export retention scheme foreign exchange retention scheme foreign exchange retention

sistema de retencin de los ingresos de exportacin

export shortfall

insuficiencia de las exportaciones insuficiencia de los ingresos de exportacin

export surplus

supervit de exportacin supervit de la balanza comercial

export unit value index

ndice del valor unitario de la exportacin

exporters of manufactures

exportadores de manufacturas

exporters of primary products

exportadores de productos primarios

exporters of services and recipients of private transfers

proveedores de servicios y receptores de transferencias privadas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page466

English Export-Import Bank of the United States [USA] EXIMBANK

Spanish Banco de Exportacin e Importacin de Estados Unidos

exporting industry

industria exportadora sector de exportacin

export-led recovery

recuperacin econmica basada en la exportacin recuperacin inducida por la exportacin recuperacin impulsada por las exportaciones

exports of financial intermediation services indirectly measured [SNA93]

exportaciones de servicios de intermediacin financiera medidos indirectamente [SCN93]

exports of goods and services [SNA93]

exportaciones de bienes y servicios [SCN93]

exports of goods for processing [SNA93]

exportaciones de bienes para procesamiento [SCN93]

exports of goods imported for processing [SNA93]

exportaciones de bienes importados para procesamiento [SCN93]

exports of goods transformed from goods imported for processing [SNA93]

exportaciones de bienes transformados de bienes importados para procesamiento [SCN93]

exports of goods under financial leasing [SNA93]

exportaciones de bienes bajo arrendamiento financiero [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page467

English exports of goods [SNA93]

Spanish exportaciones de bienes [SCN93]

exports of implicit service charge for financial intermediation [SNA93]

exportaciones de cargos implcitos por servicios de intermediacin financiera [SCN93]

exports of insurance service [SNA93]

exportaciones de servicios de seguros [SCN93]

exports of non-monetary gold [SNA93]

exportaciones de oro no monetario [SCN93]

exports of repairs to capital goods [SNA93]

exportaciones de reparaciones de bienes de capital [SCN93]

exports of repairs to fixed assets [SNA93]

exportaciones de reparaciones de activos fijo [SCN93]

exports of services [SNA93]

exportaciones de servicios [SCN93]

exports subsidies [SNA93]

subsidios a las exportaciones [SCN93]

exports/imports of goods and services (net) [IFS]

exportacin/importacin de bienes y servicios (neto)

ex-post [economics]

ex post a posteriori

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page468

English exposure at default [debt] EAD

Spanish exposicin en caso de cesacin de pagos, de default

expropriation

expropiacin

extendable bond

bono prorrogable

extended arrangement charge [IMF]

comisin por inmovilizacin de fondos para acuerdos en virtud del Servicio Ampliado del FMI

Extended Arrangement [IMF] EA

Acuerdo Ampliado del FMI [P45] acuerdo en virtud del Servicio Ampliado del FMI Acuerdo Ampliado

extended burden sharing [IMF] extension of burden sharing

distribucin ampliada de la carga ampliacin de la distribucin de la carga

Extended Credit Facility ECF

Servicio de Crdito Ampliado SCA

extended facility: ORD [IFS]

servicio ampliado del fondo: financiado con recursos ordinarios

extended facility: SFF [IFS] SFF

servicio ampliado del fondo: servicio de financiamiento suplementario servicio ampliado: SFS

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page469

English Extended Fund Facility [IMF] EFF Extended Financing Facility [Sometimes used synonymously with Extended Fund Facility (which is the main official version)] Extended Facility

Spanish Servicio Ampliado del FMI SAF

extension flat fee

comisin de prrroga

extension of expectations [IMF] extension of repurchase expectations extension of a repurchase expectation

prrroga del plazo de recompras anticipadas

extension of period

prrroga del plazo

extension of Toronto terms

ampliacin del campo de aplicacin de las condiciones de Toronto

extensive growth [WEO]

crecimiento extensivo

external account of factor income and current transfers [SNA93]

cuenta externa de ingreso de los factores y transferencias corrientes [SCN93]

external account of goods and services [SNA93]

cuenta externa de bienes y servicios [SCN93]

external account of primary incomes and current transfers [SNA93]

cuenta externa de ingresos primarios y transferencias corrientes [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page470

English external account [BPM5]

Spanish cuenta externa cuenta de transacciones con el exterior

External Accounts Unit [FIN/AX/AP/EA]

Unidad de Cuentas Externas

external accumulation accounts [SNA93]

cuentas externas de acumulacin [SCN93]

external adjustment

ajuste de la balanza de pagos ajuste externo ajuste del sector externo

External Adjustment Division

Divisin de Ajuste Externo

external affairs

asuntos exteriores

external asset (assets owned abroad by residents) foreign asset

activo externo [IFS] activo frente al exterior

external asset (assets owned by nonresidents) foreign asset

activo externo activo frente al exterior

external assets and liabilities account [SNA93]

cuenta de activos y pasivos externos [SCN93]

external assets and liabilities [BPM5]

activos y pasivos externos [MBP5]

external audit

auditora externa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page471

English External Audit Committee [IMF]

Spanish Comit de Auditora Externa

external audit firm

Oficina de auditores externos

external audit mechanism, legal structure and independence of the central bank, financial reporting practices, internal audit mechanism, and the system of internal controls [IMF, safeguards assessments] ELRIC

ELRIC mecanismo de auditora externa; estructura e independencia jurdicas (del banco central); presentacin de informacin financiera; mecanismo de auditora interna, y sistema de controles internos mecanismo ELRIC de evaluacin de las salvaguardias

external auditor

auditor externo

External Auditor [IMF]

auditor externo

external balance of goods and services [SNA93]

saldo de bienes y servicios con el exterior [SCN93]

external balance [BPM5]

saldo de la balanza de pagos [MBP5] saldo externo saldo externo de la balanza de pagos

external bond

bono externo

external claim foreign claim

crdito frente al exterior activo externo activo sobre el exterior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page472

English external contingency element [CCFF] contingency element [CCFF]

Spanish mecanismo para contingencias externas componente de financiamiento para contingencias

external current account balance

saldo de la balanza de pagos en cuenta corriente

external debt accounting principles [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

principios de contabilidad de la deuda externa [Gua de la deuda, 1993]

external debt borrowing activity [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

actividades de obtencin de emprstitos externos [Gua de la deuda, 1993]

external debt exposure of the economy [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

exposicin crediticia de la economa debido a la deuda externa [Gua de la deuda, 1993]

external debt liability [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

pasivo de deuda externa [Gua de la deuda, 1993]

external debt ratio

coeficiente de endeudamiento externo

External Debt Statistics: Guide for Compilers and Users Debt Guide

Estadsticas de la deuda externa: Gua para compiladores y usuarios Gua de la deuda

external debt foreign debt

deuda externa endeudamiento externo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page473

English external disturbance

Spanish perturbacin externa perturbacin de origen externo

External Finance Division

Divisin de Finanzas Externas

external financial assets [SNA93]

activos financieros externos [SCN93]

external financing [SNA93]

financiamiento externo [SCN93]

external imbalance

desequilibrio externo desequilibrio de la balanza de pagos desequilibrio de los pagos exteriores desequilibrio de pagos externos

external liabilities [SNA93]

pasivos externos [SCN93]

external public debt outstanding

deuda pblica externa pendiente

External Relations Department [IMF] EXR

Departamento de Relaciones Externas

External Relations Officer [IMF-EXR] EXR Officer

Oficial de Relaciones Externas

External Relations Officer, Senior [IMF-EXR] EXR Officer, Senior

Oficial Principal de Relaciones Externas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page474

English external resource envelope

Spanish volumen de recursos externos

External Review Committee (on World Bank-IMF Collaboration)

Comit Externo de Evaluacin (de la Colaboracin entre el Banco Mundial y el FMI)

external sector foreign sector

sector externo cuentas externas

external shocks

shocks externos

external sovereign borrowing [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

endeudamiento soberano externo [Gua de la deuda, 1993]

external sustainability

sostenibilidad externa sostenibilidad de la balanza de pagos

External Sustainability Report Sustainability Report

Informe de Sostenibilidad Externa Informe de Sostenibilidad

external trade [SNA93]

comercio exterior [SCN93]

External Training Division

Divisin de Capacitacin en el Exterior

external transactions [BPM5; SNA93]

transacciones exteriores [SCN93] transacciones con el exterior [MBP5]

external viability

viabilidad externa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page475

English External Website Section [EXR/AI/EW]

Spanish Seccin encargada del Sitio Web Externo

externality

externalidad

extinction of economic value [BPM5]

extincin de un valor econmico [MBP5]

extinguish a liability extinguish an obligation

extinguir un pasivo extinguir una obligacin

extrabudgetary account extrabudgetary fund EBF

cuenta extrapresupuestaria fondo extrapresupuestario

extrabudgetary units [GFS 1986] extrabudgetary entities

unidades extrapresupuestarias

Extractive Industries Review EIR

Examen de las industrias extractivas

Extractive Industries Transparency Initiative EITI

Iniciativa para la transparencia de las industrias extractivas

extradition

extradicin

extrapolation

extrapolacin

extraterritorial body [BPM5]

organismo extraterritorial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page476

English ex-works

Spanish segn su precio de fbrica

ex-works price EXW price ex factory price factory (gate) price

precio de fbrica

F.A.S. basis [BPM5]

base F.A.S. [MBP5]

f.a.s. valuation

valoracin f.a.s.

F.O.B. basis [SNA93; BPM5]

base valor F.O.B. [SCN93] base F.O.B. [SCN93; MBP5]

f.o.b. valuation [BPM5]

valoracin f.o.b. [MBP5]

F.O.B. value [SNA93; BPM5]

valor F.O.B. [SCN93; MBP5]

FABLES

grupo FABLES Francia, Austria, Blgica, Luxemburgo, Estonia y Eslovenia

face mask

mascarilla

face saving proposal

proposicin para salvar apariencias

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page477

English facilitator [meetings]

Spanish moderador

Facilities Assistant [TGS/D]

Auxiliar de Instalaciones

Facilities Assistant, Senior [TGS/D]

Auxiliar Principal de Instalaciones

Facilities Chapeau paper

documento marco sobre los servicios financieros del FMI

Facilities Design and Renovation Section

Seccin de Diseo y Renovacin de Instalaciones

Facilities Management Division [TGS/DF]

Divisin de Administracin de Instalaciones

Facilities Officer [TGS/D]

Oficial de Instalaciones

Facilities Officer, Senior [TGS/D]

Oficial Principal de Instalaciones

Facilities Operations and Security Section

Seccin de Operaciones y Seguridad de las Instalaciones

Facilities Renovation Unit

Unidad de Renovacin de Instalaciones

Facilities Section

Seccin de Asistencia General

facilities premises

instalaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page478

English Facilities, Planning, and Development Section [TGS/DF/FP]

Spanish Seccin de Instalaciones, Planificacin y Desarrollo

Facility Operations Unit

Unidad de Operaciones relacionadas con Instalaciones y Equipo

faonnage (production) [Turkey] preliminary processing initial processing

procesamiento preliminar

fact sheet [IMF-EXR]

ficha tcnica

fact-finding mission [IMF]

misin de reconocimiento

factor abundance

abundancia de factores de produccin

factor analysis

anlisis factorial

factor cost

costo de factores

factor cost, at

al costo de los factores

factor endowment

dotacin de factores dotacin de factores de produccin

factor income from abroad

ingreso de los factores proveniente del exterior renta de los factores de produccin proveniente del exterior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page479

English factor income share factor share

Spanish participacin de los factores de produccin participacin en el ingreso nacional

factor income [SNA93]

ingreso de factores [SCN93] renta de los factores de produccin ingreso de los factores

factor inputs

insumos atribuibles a factores insumos factoriales

factor loading

carga del factor

factor market

mercado de factores de produccin

factor mobility

movilidad de los factores de produccin

factor payments

remuneracin de los factores de produccin pago por factores de produccin

factor prices

precios de los factores de produccin

factor services

servicios atribuibles a factores

factor substitution

sustitucin de factores.

factor values, approximate [SNA93]

valor al costo de factores, aproximado [SCN93]

factor values, true [SNA93]

valor al costo de factores, verdadero [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page480

English factorial

Spanish factorial

factorial moment

momento factorial

factorial moments generating function

funcin generatriz de momentos factoriales

factoring company

empresa de factoreo empresa de factoraje

factoring [finance]

factoring descuento de facturas factoraje

factor-price distortion

distorsin de los precios de los factores distorsin de los precios de los factores de produccin

fail to fulfill, to [AA]

dejar de cumplir

failed institution

institucin en quiebra institucin insolvente

failed state [sovereign debt]

Estado en quiebra

failed transaction [securities settlement systems]

operacin fallida

failure [AA]

incumplimiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page481

English fair competition

Spanish competencia leal

fair market value market value sale value fair market price fair price

valor de mercado [GMBS; MEFP] valor venal [GMBS] cotizacin del mercado valor de venta precio justo precio justo de mercado

fair trade

comercio justo comercio equitativo

fair value

valor razonable [MBP6; GISF]

fairness and evenhandedness

equidad e imparcialidad

fair-value accounting FVA

contabilidad de valor razonable contabilidad de valor justo

family and children [GFSM]

familia e hijos [MEFP]

Family Consultation and Referral Service [IMF]

Servicio de Consulta y Asesoramiento a Familias

family living expenses

gasto de subsistencia de una familia gasto de subsistencia familiar

family planning

planificacin familiar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page482

English farm

Spanish granja

farm gate price

precio del productor agrcola precio al productor agrcola

farmer

campesino agricultor

farming

actividades agrcolas actividades del agro

fast-track approach [New African Initiative]

aceleracin del proceso de integracin

fatality rate

letalidad

FATF-Style Regional Bodies [FSSA] FSRBs

organizaciones regionales semejantes al GAFI rganos regionales tipo GAFI

favorable recommendation [BL]

recomendacin favorable

FCBU: liabilities

COBME: pasivo

fear of floating [central banking]

temor a la flotacin

feasibility

factibilidad viabilidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page483

English feasibility study

Spanish estudio de factibilidad estudio de viabilidad

featherbedding [USA]

mantenimiento de puestos innecesarios

Federal Business Development Bank [CAN; IFS] FBDB

Banco Federal de Desarrollo (Canad)

federal charter [USA]

personera jurdica federal

federal debt ceiling

tope de la deuda del gobierno federal

Federal Deposit Insurance Act FDI Act

Ley Federal de Garanta de Depsitos

Federal Deposit Insurance Corporation [USA] FDIC

Corporacin Federal de Seguros de Depsitos FDIC

federal funds interest rate federal funds rate [USA]

tasa del mercado interbancario tasa de los prstamos interbancarios a un da tasa de los prstamos interbancarios da a da tasa de inters interbancario tasa de inters de referencia tasa de inters de poltica monetaria tasa de los fondos federales tasa de inters de los fondos federales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page484

English federal funds market [USA]

Spanish mercado de prstamos interbancarios da a da mercado de fondos federales mercado monetario interbancario mercado de prstamos interbancarios a un da

federal funds [USA]

fondos federales prstamos interbancarios a un da prstamos interbancarios da a da

Federal Home Loan Bank Act [USA]

Ley de Bancos Federales de Prstamos para la Vivienda

Federal Home Loan Mortgage Corporation Act [USA]

Ley de la Asociacin Federal de Prstamos Hipotecarios para la Vivienda

Federal Home Loan Mortgage Corporation FHLMC Freddie Mac

Sociedad Nacional de Prstamos Hipotecarios

Federal Housing Finance Agency FHFA

Agencia Federal de Crdito para la Vivienda FHFA

Federal National Mortgage Association [USA] FNMA Fannie Mae

Asociacin Federal de Crdito Hipotecario Asociacin Hipotecaria Federal

federal property manager [USA]

administrador de propiedades federales

Federal Reserve Bank [USA]

Banco de la Reserva Federal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page485

English Federal Reserve float [USA]

Spanish cheques pendientes de cobro depositados en bancos de la Reserva Federal

Federal Reserve Open Market Committee FOMC Federal Open Market Committee [USA] Open Market Committee

Comit de Operaciones de Mercado Abierto de la Reserva Federal Comit de Mercado Abierto

Federal Reserve System [USA] Federal Reserve Fed

Sistema de la Reserva Federal Reserva Federal

Federation of Arab Scientific Research Councils FASRC

Federacin de Consejos Arabes de la Investigacin Cientfica

Federation of Central American Sugar Associations

Federacin de Asociaciones Azucareras Centroamericanas

Federation of Private Businesses of Central America and Panama FEDEPRICAP

Federacin de Entidades Privadas de Centroamrica y Panam FEDEPRICAP

fee [taxation]

tasa derecho arancel

feed, to [IT]

alimentar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page486

English feedback (process)

Spanish retroaccin realimentacin reaccin retroalimentacin

feedback loop

interaccin nociva interaccin negativa interaccin de factores negativos

feedback [communications]

intercambio de informacin opiniones comentarios

feeder road

camino secundario, de acceso

feedstock

materia prima insumo material

fee-for-service payment system fee-for-service arrangement

sistema basado en el pago de honorarios por servicios prestados

fees and commissions [FSIG]

honorarios y comisiones [GISF]

fees for a service [BPM5]

derechos por un servicio [MBP5]

fees for fishing rights [BPM5]

cnones por concepto de derecho de pesca [MBP5]

fees for the carriage of letter mail [BPM5]

derechos por el transporte postal de cartas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page487

English felicity function instantaneous utility function

Spanish funcin de felicidad

fertility rate

tasa de fecundidad

fiat money fiduciary money fiat currency central bank money

moneda fiduciaria dinero de curso forzoso

fiduciary agent fiduciary [SNA93]

fiduciario [SCN93]

fiduciary assessment framework [IMF]

marco de las evaluaciones fiduciarias

fiduciary assessment [World Bank] assessment of fiduciary systems

evaluacin de los sistemas fiduciarios

fiduciary capitalism

capitalismo fiduciario

fiduciary issue [SNA93]

emisin inorgnica [SCN93] emisin fiduciaria [SCN93]

field audit on-site supervision on-site inspection

inspeccin auditora in situ inspeccin in situ supervisin in situ

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page488

English Field Security Office [IMF-TGS/DA] FSO

Spanish Oficina de Seguridad Externa

Field Security Officer [UN] UNFSO

oficial de seguridad de las oficinas externas

Field Security Section [TGS/SE/FS]

Seccin de Seguridad Externa

fifth dimension [IDA]

quinta dimension

file a tax return

presentar una declaracin de impuestos presentar una declaracin de rentas

file for bankruptcy, to

solicitar la apertura de concurso de acreedores

file store [IT] mass storage

almacenamiento de masa almacenamiento auxiliar

file [IT]

archivo

film rentals [BPM5]

alquiler de pelculas cinematogrficas [MBP5]

filter based on contribution to global growth

filtro basado en la contribucin al crecimiento mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page489

English final consumption

Spanish consumo final

final consumption expenditure of general government [GFSM 2001]

gasto de consumo final del gobierno general

final consumption expenditure of households in the domestic market [SNA93]

gasto de consumo final de los hogares en el mercado interno [SCN93]

final consumption expenditure of households [SNA93]

gasto de consumo final de los hogares [SCN93]

final consumption expenditure of private non-profit institutions serving households [SNA93]

gasto de consumo final de las instituciones privadas sin fines de lucro que sirven a los hogares [SCN93]

final consumption expenditure [SNA93]

gasto de consumo final [SCN93]

final decision

decisin definitiva decisin sin apelacin

final demand

demanda final

final interpretation [IMF]

interpretacin sin apelacin

final maturity date legal maturity date

vencimiento final

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page490

English final tax liability on income [BPM5]

Spanish monto final a pagar del impuesto sobre la renta [MBP5]

final transfer [securities settlement systems]

transferencia en firme transferencia definitiva

final use of goods and services [SNA93]

utilizacin final de bienes y servicios [SCN93]

final uses [SNA93]

utilizaciones finales [SCN93]

Finance & Development Division

Divisin de Finanzas y Desarrollo

Finance & Development [IMF] F&D

Finanzas & Desarrollo F&D

finance company finance house [GBR]

sociedad financiera institucin financiera compaa financiera financiera

Finance Department [IMF; MFSM] FIN

Departamento Financiero

finance of gross accumulation [SNA93]

financiamiento de la acumulacin bruta [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page491

English Finance, Private Sector and Infrastructure Network [IBRD] FPSI

Spanish Red sobre finanzas, sector privado e infraestructura FPSI

financial abuse

abuso financiero

financial accelerator

acelerador financiero

financial account

cuenta financiera

financial accounts

cuentas financieras

Financial Action Task Force of South America Against Money Laundering GAFISUD

Grupo de Accin Financiera de Sudamrica GAFISUD

Financial Action Task Force on Money Laundering FATF Financial Action Task Force

Grupo de Accin Financiera Internacional sobre el Blanqueo de Capitales GAFI Grupo de Accin Financiera Internacional

Financial Administrative Control and Tracking System [IMF] FACTS

Sistema de Seguimiento y Control Administrativo Financiero

financial analysis

anlisis financiero

Financial Analyst [IMF-FIN]

Analista Financiero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page492

English Financial and Administrative Systems Division [TGS/IF]

Spanish Divisin de Sistemas Financieros y Administrativos

financial and capital transactions

transacciones financieras y de capital

financial and fiscal affairs [GFSM]

asuntos financieros y fiscales [MEFP]

financial and regulatory arbitrage

arbitraje financiero y regulatorio

financial asset

activo financiero

financial asset boundary

delimitacin de la categora de activos financieros

financial assets acquired for policy purposes [GFSM 2001]

activos financieros adquiridos con fines de poltica

financial assets and liabilities

activos y pasivos financieros

financial assets and liabilities account

cuenta de activos y pasivos financieros

financial assets outstanding [BPM5]

activos financieros acumulados [MBP5]

financial auxiliaries [BPM6; SNA93; FSIG]

auxiliares financieros [MBP6; SCN93; GISF]

financial balance sheet [SNA93]

estado financiero [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page493

English financial banking institutions [SNA93]

Spanish instituciones financieras bancarias [SCN93]

financial base

base financiera

financial broadening broadening of the financial market broadening of the capital market

ampliacin del mercado financiero diversificacin del mercado de capitales

financial center

centro financiero plaza financiera

financial channels

circuitos financieros

financial claims [BPM5; GFSM]

derechos financieros [MEFP] recursos financieros [MBP5]

financial corporation

corporacin financiera sociedad financiera

financial corporation sector financial corporate sector

sector de orporacin financiera sector de sociedad financiera

financial corporations not elsewhere classified [GFSM]

corporaciones financieras no clasificadas en otra parte [MEFP]

financial corporations other than international organizations [GFSM]

corporaciones financieras distintas de los organismos internacionales [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page494

English financial corporations survey [MFSM 2000] FCS [BPM6]

Spanish panorama de las sociedades financieras sistema plenamente consolidado [MBP6] SPC

financial crisis

crisis financiera

financial crowding out

desplazamiento del sector privado en el mercado de capitales

financial cycle

ciclo financiero

financial deepening deepening of the financial market deepening of the capital market

profundizacin financiera profundizacin del mercado financiero intensificacin de la intermediacin financiera desarrollo de los circuitos financieros

financial depression

depresin financiera

financial depth

profundidad financiera

financial deregulation

desregulacin financiera

Financial Derivatives: A Supplement to the Fifth Edition (1993) of the Balance of Payments Manual

Instrumentos financieros derivados: Suplemento a la quinta edicin (1993) del Manual de Balanza de Pagos

financial discipline

disciplina financiera

financial disintermediation

desintermediacin financiera

financial dollarization

dolarizacin financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page495

English financial economy

Spanish sector financiero economa financiera sector financiero de la economa

financial expenditure [SNA93]

gasto financiero [SCN93]

Financial Flows and Stocks Task Force FFSTF Balance of Payments Financial Flows and Stocks Task Force

Grupo de Estudios sobre los Flujos y Saldos Financieros

financial flows [BPM5; SNA93]

flujos financieros [SCN93] corrientes financieras

Financial Fund for the Development of the River Plate Basin

Fondo Financiero para el Desarrollo de la Cuenca del Plata FONPLATA

financial future

contrato de futuro financiero futuro financiero

financial futures market financial futures exchange

mercado de futuros financieros bolsa de futuros financieros

financial gold [BPM6]

oro financiero [MBP6]

financial guarantee corporations [FSIG]

empresas de garanta financiera [GISF]

Financial Infrastructure Division

Divisin de Infraestructura Financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page496

English financial innovation

Spanish innovacin financiera

financial institution

institucin financiera

Financial Institutions and Markets Division

Divisin de Instituciones y Mercados Financieros

Financial Institutions Division

Divisin de Instituciones Financieras

Financial Institutions Division I, II [STA/F1, F2]

Divisin de Instituciones Financieras I, II

financial institutions sector [GFS 1986]

sector de instituciones financieras

financial instrument

instrumento financiero

financial integration

integracin financiera

financial intelligence

inteligencia financiera

financial intelligence unit [money laundering] FIU

unidad de inteligencia financiera UIF

financial intermediaries [BPM5; GMBS; SNA93]

intermediarios financieros [SCN93]

financial intermediation

cargo por intermediacin servicios de intermediacin financiera intermediacin financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page497

English financial intermediation charge indirectly measured [BPM5]

Spanish cargo por intermediacin financiera medido indirectamente [MBP5]

financial intermediation services indirectly measured FISIM

servicios de intermediacin financiera medidos indirectamente SIFMI

financial intermediation services indirectly measured, provided to borrowers [SNA93]

servicios de intermediacin financiera medidas indirectamente, proporcionados a los prestatarios [SCN93]

financial intermediation services indirectly measured, provided to depositors [SNA93]

servicios de intermediacin financiera medidos indirectamente, proporcionados a los depositantes [SCN93]

financial investment

inversin financiera

financial items [BPM5]

recursos financieros [MBP5]

financial leasing company

compaa de arrendamiento financiero

financial leasing leasing financial lease finance lease leasing arrangement

arrendamiento financiero arrendamiento con opcin a compra leasing arrendamiento de financiacin

financial liabilities

pasivos financieros [Gua de la deuda, 1993; MEFP; SCN93]

financial liberalization

liberalizacin financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page498

English financial loan financial credit

Spanish prstamo financiero crdito financiero

financial market

mercado financiero

financial market country

pas con mercado financiero

Financial Market Integrity Division

Divisin de Integridad de los Mercados Financieros

financial market regulation

reglamentacin del mercado financiero normas del mercado financiero regulacin del mercado financiero

Financial Market Review Group

Grupo de Evaluacin del Mercado Financiero

Financial Market Stability Division

Divisin de Estabilidad de los Mercados Financieros

financial market turbulence financial turbulence financial markets turmoil

turbulencia financiera turbulencia en los mercados financieros

financial markets

mercados financieros

Financial Markets Update [IMF-MCM]

Financial Markets Update

financial net lending [SNA93]

prstamo neto financiero [SCN93]

financial net worth net financial worth

patrimonio financiero patrimonio financiero neto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page499

English financial openness

Spanish apertura financiera

Financial Operations and Reporting Division [FIN/FR]

Divisin de Operaciones y Declaracin de Datos Financieros

financial operations matrix [SNA93]

matrices de operaciones financieras [SCN93]

Financial Organization and Operations of the IMF [IMF]

Organizacin y operaciones financieras del FMI

Financial Oversight Division [IMF-<a href=mcTermLink|1cbc5a56-012e-41a9-bd21f6838c8bd02a|fc6857ca-abcd-4474-be0f-ba8f560d8b10 class=FieldValue>MCM</a>]

Divisin de Supervisin Financiera

financial panic

pnico financiero

financial paper [BOP]

papel financiero efecto financiero

Financial Planning and Operations Division

Divisin de Planificacin y Operaciones Financieras

financial pooling arrangement financial pooling

mancomunacin de recursos fondo comn de recursos financieros fondo comn

financial position financial condition

situacin financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page500

English financial private enterprises [GFSM]

Spanish empresas privadas financieras [MEFP]

financial product

producto financiero

Financial Programming and Policies [IMF-INS]

Programacin y Polticas Financieras

financial public corporation

corporacin pblica financiera

financial records

registros financieros

financial reinsurance

reaseguro financiero

Financial Relations Division

Divisin de Relaciones Financieras

financial reporting

declaracin de datos financieros informacin financiera

financial repression financial restriction

represin financiera

financial risk

riesgo financiero

financial safety net

red de proteccin financiera

financial savings [SNA93]

ahorro financiero [SCN93]

financial sector

sector financiero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page501

English Financial Sector Analysis Division [IMF-<a href=mcTermLink|1cbc5a56-012e-41a9-bd21f6838c8bd02a|fc6857ca-abcd-4474-be0f-ba8f560d8b10 class=FieldValue>MCM</a>] FA

Spanish Divisin de Anlisis del Sector Financiero

Financial Sector Assessment Program [IMF-WB] FSAP

Programa de Evaluacin del Sector Financiero PESF Actualizacin del Programa de Evaluacin del Sector Financiero

Financial Sector Assessments and Policies Division [MCM/FS] FS

Divisin de Evaluaciones y Polticas del Sector Financiero

financial sector consolidation

consolidacin del sector financiero

financial sector downsizing

reduccin del tamao del sector financiero redimensionamiento del sector financiero

Financial Sector Expert [IMF-LEG, MCM]

Experto del Sector Financiero

Financial Sector Policy Division [MCM/FP]

Divisin de Polticas del Sector Financiero

Financial Sector Reform and Strengthening Initiative FIRST Initiative FIRST

Iniciativa de Reforma y Fortalecimiento del Sector Financiero

financial sector repair

saneamiento del sistema financiero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page502

English Financial Sector Review Group [IMF]

Spanish Grupo de Examen del Sector Financiero

Financial Sector Stability Assessment [IMF-WB] FSSA

Evaluacin de la Estabilidad del Sector Financiero EESF

Financial Services Action Plan [EU] FSAP EU Financial Services Action Plan

Plan de accin sobre servicios financieros

Financial Services Forum

Foro sobre Servicios Financieros

financial services indirectly measured FSIM

servicios de intermediacin financiera medidos indirectamente SIFMI

financial services [BPM5; BPM6]

servicios financieros [MBP5; MBP6]

financial shield financial armor plating loan package shield package blindaje

blindaje [ARG; MEX] blindaje financiero [ARG; MEX]

financial shock

shock financiero

financial soundness

solidez financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page503

English financial soundness indicator [FSIG] FSI

Spanish indicador de solidez financiera [GISF] ISF

Financial Soundness Indicators: Compilation Guide [IMF] FSIG

Indicadores de solidez financiera: Gua de compilacin

financial stability

estabilidad financiera

Financial Stability Board FSB

Consejo de Estabilidad Financiera CEF

financial stability contribution

contribucin a la estabilidad financiera

Financial Stability Forum [G-7] FSF

Foro sobre Estabilidad Financiera

Financial Stability Line FSL

lnea de crdito para la estabilidad financiera

Financial Stability Oversight Board [USA]

Junta de Supervisin de la Estabilidad Financiera

Financial Stability Oversight Council FSOC

Consejo de Supervisin de la Estabilidad Financiera (FSOC)

financial statement

estado financiero estado contable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page504

English financial stress

Spanish turbulencia financiera turbulencia tensin financiera

Financial Stress Index

ndice de tensin financiera

financial structure

estructura financiera

Financial Studies Division

Divisin de Estudios Financieros

Financial Supervision and Crisis Management Wing FSC

rea de Supervisin Financiera y Gestin de Crisis

Financial Supervision and Regulation Division

Divisin de Supervisin y Regulacin Financieras

financial support

respaldo financiero

Financial Support Fund [OECD]

Fondo de Apoyo Financiero

Financial Surveillance Division

Divisin de Supervisin Financiera

Financial Surveillance Policy Division

Divisin de Poltica de Supervisin Financiera

financial survey [IMF]

panorama financiero

Financial System Stability Assessment [IMF] FSSA

evaluacin de la estabilidad del sistema financiero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page505

English Financial System Surveillance Division

Spanish Divisin de Supervisin de Sistemas Financieros

Financial System Surveillance Division I, II

Divisin de Supervisin de Sistemas Financieros I, II

Financial Systems and Banking Division

Divisin de Banca y Sistemas Financieros

Financial Systems Surveillance Division I, II, III

Divisin de Supervisin de Sistemas Financieros I, II, III

Financial Systems Surveillance Wing FSS

rea de Supervisin de Sistemas Financieros

financial transaction

transaccin financiera

financial transactions between creditor and debtor sectors [SNA93]

transacciones financieras entre sectores acreedores y deudores [SCN93]

financial transactions plan [IMF] transactions plan

plan de transacciones financieras plan de transacciones

financial underpinning

apoyo financiero

financial viability

viabilidad financiera

financial year of the Fund

ejercicio del FMI

financially integrated commodity exporters FICE

exportadores de materias primas integrados a los mercados financieros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page506

English financing (by currency) [IFS]

Spanish financiamiento (segn monedas)

financing abroad [GFSY]

financiamiento externo

financing assurances [IMF] financial assurances

seguridades de financiamiento

financing availability [SNA93]

capacidad de financiamiento [SCN93]

financing by type of debt holder [GFSY]

financiamiento por tipo de tenedor de deuda

financing by type of debt instrument [GFSY]

financiamiento por tipo de instrumento de deuda

financing facility credit facility facility [IMF]

servicio financiero lnea de crdito mecanismo de financiamiento mecanismo financiero

financing gap [BPM5]

dficit de financiamiento insuficiencia de financiamiento brecha financiera

financing item

partida de financiamiento

financing of terrorism FT

financiamiento del terrorismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page507

English financing package financial package

Spanish plan de financiamiento [SRAE] paquete de financiamiento paquete financiero

financing requirements

necesidades de financiamiento

financing [GFSY; GFSM; SNA93]

financiamiento [MEFP; SCN93] financiacin [SCN93]

fine

multa

fine gold

oro fino

fine tuning

afinacin ajuste ajuste preciso

fineness of gold

ley del oro

fines and forfeits [GFSY]

multas y remates

fines and penalties [SNA93]

multas y sanciones [SCN93]

fines, penalties, and forfeits [GFSM 2001]

multas, sanciones pecuniarias y depsitos en caucin transferidos [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page508

English fine-tuning operations [ECB]

Spanish operacin de fine-tuning operacin de ajuste

finished good

producto terminado producto acabado bien terminado

finite difference

diferencia finita

fire insurance [BPM5]

seguro contra incendios [MBP5]

fire protection services [GFSM]

servicios de proteccin contra incendios [MEFP]

fire sale

venta masiva venta apresurada

fire sale liquidation forced liquidation

venta masiva liquidacin a precios muy bajos venta apresurada

fire-sale price

precios de ganga

firewall [finance] chinese wall

cortafuegos muralla china

firm information [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

informacin fiable [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page509

English First Annual IMF Research Conference

Spanish Primera conferencia anual del FMI sobre investigacin econmica

First Banking Coordination Directive

Primera Directiva de Coordinacin Bancaria

first credit tranche conditionality [IMF]

condicionalidad del primer tramo de crdito

first credit tranche purchase [IMF]

compra en el primer tramo de crdito

First Deputy Managing Director [IMF-OMD] FDMD

Primer Subdirector Gerente

first in, first out FIFO

mtodo FIFO mtodo de primeras entradas, primeras salidas mtodo PEPS

first in, last out [accounting] FILO

mtodo FILO mtodo de primeras entradas, ltimas salidas mtodo PEUS

first refusal, right of

derecho de preferencia derecho de adquisicin preferente

first stage of tertiary education [GFSM]

educacin terciaria - primera etapa [MEFP]

first stage [HIPC Initiative]

primera etapa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page510

English first-order effect first-round effect

Spanish efecto inmediato

first-order moment

momento de primer rden

first-tier bank

banco de primer piso

fiscal

fiscal de finanzas pblicas

fiscal adjustment fiscal consolidation fiscal containment fiscal retrenchment fiscal tightening budget consolidation budgetary consolidation

consolidacin fiscal reordenamiento de las finanzas pblicas saneamiento de las finanzas pblicas ajuste fiscal ajuste presupuestario contencin del gasto pblico endurecimiento de la poltica fiscal

Fiscal Affairs Department [IMF] FAD

Departamento de Finanzas Pblicas

fiscal agency [IMF]

agente fiscal [P45] organismo fiscal [AA]

Fiscal Analysis Division

Divisin de Anlisis de las Finanzas Pblicas

fiscal austerity

austeridad fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page511

English fiscal balance budgetary balance budget surplus/deficit

Spanish saldo fiscal saldo presupuestario saldo del presupuesto supervit/dficit fiscal supervit/dficit presupuestario

fiscal budget

presupuesto pblico presupuesto

fiscal buffer

defensas fiscales amortiguadores fiscales

fiscal burden [GFSM 2001]

carga fiscal [MEFP]

fiscal capacity

capacidad fiscal

fiscal cliff

despeadero fiscal precipicio fiscal abismo fiscal

fiscal contingent claims [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

activos contingentes fiscales [Gua de la deuda, 1993]

Fiscal Council FC

Consejo Fiscal

fiscal deficit

dficit fiscal dficit de las finanzas pblicas

fiscal deterioration

deterioro fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page512

English fiscal devaluation

Spanish devaluacin fiscal

fiscal developments

evolucin fiscal

fiscal discipline fiscal restraint

reduccin de gastos disciplina fiscal restriccin fiscal austeridad fiscal restriccin del gasto pblico compresin fiscal compresin del gasto pblico

fiscal dominance

predominio fiscal dominancia fiscal

fiscal drag

rmora fiscal [ESP] lastre fiscal freno fiscal

fiscal effort tax effort

esfuerzo fiscal esfuerzo tributario

fiscal envelope

recursos fiscales nivel de recursos fiscales

fiscal equilibrium fiscal balance

equilibrio de las finanzas pblicas equilibrio fiscal equilibrio del presupuesto

fiscal federalism

federalismo fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page513

English fiscal framework

Spanish marco fiscal

fiscal gap

brecha fiscal

fiscal illusion

ilusin fiscal

fiscal imbalance

desequilibrio fiscal

fiscal impulse fiscal stimulus

impulso fiscal estmulo fiscal

fiscal institution budgetary institution budget institution

institucin presupuestaria institucin fiscal

fiscal integration

integracin fiscal

Fiscal Library [FAD/AI/FL]

Biblioteca de Finanzas Pblicas

fiscal management

gestin fiscal

fiscal monopoly revenue-producing monopoly [EC]

monopolio fiscal

fiscal multiplier

multiplicador fiscal

fiscal objectives

objetivos fiscales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page514

English fiscal opacity

Spanish opacidad fiscal

Fiscal Operations Division 1, 2, 3 [FAD/F1, F2, F3] FOD1, FOD2, FOD3

Divisin de Operaciones Fiscales 1, 2, 3

fiscal panel [IMF-FAD]

grupo de expertos consultores en finanzas pblicas

fiscal performance

resultados presupuestarios resultados de la poltica fiscal

fiscal planning

planificacin fiscal

fiscal policy

poltica fiscal

Fiscal Policy and Surveillance Division [FAD/FP]

Divisin de Poltica y Supervisin Fiscales

fiscal policy discretion

poder discrecional de la poltica fiscal

fiscal position

situacin fiscal situacin de las finanzas pblicas

Fiscal Responsibility Law FRL

ley de responsabilidad fiscal

fiscal responsibility fiscal accountability

responsabilidad fiscal

fiscal restructuring

reestructuracin fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page515

English fiscal revenue

Spanish ingreso fiscal

fiscal rule

regla fiscal regla presupuestaria

fiscal skeleton skeleton

esqueleto fiscal

fiscal space

espacio fiscal margen de maniobra fiscal

fiscal stabilization

estabilizacin fiscal estabilizacin mediante la poltica fiscal

fiscal stance

orientacin fiscal orientacin de la poltica fiscal

fiscal stimulus package

paquete de estmulo fiscal

fiscal strategy

estrategia fiscal

fiscal strategy brief FSB

Notas informativas sobre estrategia fiscal

fiscal stress

tensin fiscal

Fiscal Surveillance and Transparency Division

Divisin de Supervisin y Transparencia Fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page516

English fiscal sustainability

Spanish sustentabilidad fiscal sostenibilidad fiscal viabilidad fiscal viabilidad de las finanzas pblicas

fiscal tariff [customs] revenue tariff

arancel fiscal

fiscal transparency

transparencia fiscal

Fiscal Transparency Unit [FAD/AI/FT] FTU

Unidad de Transparencia Fiscal

fiscal withdrawal

retiro del estmulo fiscal retraccin del estmulo fiscal

fiscal year financial year FY

ejercicio ao fiscal

fish and other marine products [BPM5]

pescados y otros productos marinos [MBP5]

fish stocks [GFSM]

reservas pesqueras [MEFP]

Fisher distribution F-distribution

ley de Fisher

fisheries

pesqueras

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page517

English Fisher's ideal index [statistics]

Spanish ndice ideal de Fisher

fishing and hunting [GFSM]

pesca y caza [MEFP]

fishing rights [BPM5]

derechos de pesca [MBP5]

fishing vessels [BPM5]

buques pesqueros [MBP5] embarcaciones pesqueras [MBP5]

fit a trend [econometrics]

determinar una tendencia

fit and proper [bank resolution]

solvente y honesto competencia y probidad

fit [statistics]

ajuste

fitted line

recta de ajuste curva de ajuste

fitted value predicted value

valor ajustado

fitting by graph

ajuste grfico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page518

English five systemic economies S5 Systemic 5

Spanish grupo de cinco economas de importancia sistmica

fixed base series [SNA93]

series de base fija [SCN93]

fixed basket [CPI]

canasta fija

fixed capital consumption consumption of fixed capital CFC

consumo de capital fijo CCF

fixed capital formation [SNA93]

formacin de capital fijo [SCN93]

fixed cost

costo fijo

fixed exchange rate

tipo de cambio fijo

fixed exchange rate parity fixed par value fixed parity fixed rate parity

paridad fija paridad cambiaria fija

fixed exchange rate regime

rgimen de tipo de cambio fijo rgimen cambiario fijo

fixed expenditure

gasto fijo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page519

English fixed price

Spanish precio fijo, rgido

fixed-rate interest [BPM6]

tasa de inters fija [MBP6]

fixed-term appointment [IMF]

nombramiento por plazo determinado

fixed-weight price index

ndice de precios con ponderacin fija

fixing

fixing fijacin del precio del oro cotizacin cotizacin fijada cotizacin base cambio base [divisas]

flag of convenience FOC

pabelln de conveniencia bandera de conveniencia bandera de favor

flag of registration [BPM5]

bandera de registro [MBP5] pabelln de matrcula

flag-of-convenience country

pas de pabelln de conveniencia

flash estimate

cifra preliminar estimacin preliminar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page520

English flat income tax [taxation] flat rate income tax

Spanish impuesto sobre la renta de tasa fija

flat payment schedules [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

calendarios uniformes de pago [Gua de la deuda, 1993]

flat rate

tasa nica tasa fija tarifa nica

flat-loading [IMF]

distribucin uniforme (de medidas, gastos, etc.) durante el perodo distribucin uniforme (de medidas, gastos, etc.) durante el programa

flatness

achatamiento

flexible accelerator model [BPM5]

modelo del acelerador flexible [MBP5]

Flexible Credit Line FCL

Lnea de Crdito Flexible LCF

flexible exchange rate flexible rate of exchange

tipo de cambio flexible

flexible price flexprice

precio flexible

flexible value date [IMF]

fecha de valor flexible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page521

English flexicurity

Spanish flexiguridad flexiseguridad

flight from money flight from currency

conversin masiva de activos en una moneda en activos en otra moneda ms segura

flight from the dollar

conversin masiva de dlares en otros activos, en otras monedas

flight to quality flight into quality

huida hacia la calidad bsqueda de calidad refugio en activos sin riesgo fuga hacia activos de calidad desplazamiento hacia inversiones de alta calidad

flip chart

rotafolio

float [banking]

cheques no canjeados cheques pendientes de cobro efectos en cobro efectos en cobranza flotante

floating completion point [HIPC Initiative]

punto de culminacin flotante

floating currency

moneda flotante moneda de tipo de cambio flotante

floating debt [GFS 1986; SNA93]

deuda flotante [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page522

English floating decimal point floating point

Spanish coma flotante

floating exchange rate floating rate

tipo de cambio flotante tipo flotante

floating facility [IMF]

servicio financiero flotante

floating rate bond

bono con inters variable bono de tasa flotante

floating rate loan

prstamo a tasa de inters variable prstamo a tasa de inters ajustable prstamo a tasa de inters flotante prstamo a inters variable

floating rate note

obligacin con inters variable pagar de inters variable pagar con inters variable

floating tranche [IBRD-CDF; HIPC]

tramo flotante

floating [SNA93]

flotante [SCN93] de libre fluctuacin que flucta libremente

flood plain agriculture flood recessional cropping

agricultura de decrecida

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page523

English floor broker

Spanish operador de piso operador de recinto

floor option floor

opcin sobre un contrato de garanta de tasa minima contrato de garanta de tasa mnima floor

floor trader local

agente de recinto agente de piso

floor [interest rate]

tasa mnima

flotation

emisin lanzamiento

flotation cost

gasto de emisin

flow

flujo corriente

flow data transactions data

datos de flujos datos sobre flujos

flow of funds table [SNA93]

cuadro de flujo de fondos

flow of funds [SNA93]

flujo de fondos [SCN93] corrientes financieras

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page524

English flow rescheduling [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993; HIPC Initiative]

Spanish reprogramacin de los flujos [Gua de la deuda, 1993]

flow variable

variable de flujo

flow-of-funds matrix

matriz de flujos de fondos

flows and positions [FSIG]

flujos y saldos [GISF]

flows and stocks [BPM5]

flujos y tenencias [MBP5]

flows from operating activities

flujos de efectivo por actividades operativas

flows other than transactions [GFSM]

flujos que no son transacciones [MEFP]

fluctuating rate

tipo fluctuante

fluctuation about the trend

fluctuacin en torno a la tendencia

fluctuation band [exchange rates] fluctuation margin band exchange rate corridor currency band

banda de fluctuacin margen de fluctuacin banda cambiaria corredor cambiario corredor [EU]

fluctuations about the peg

fluctuaciones en torno a la paridad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page525

English fluid market

Spanish mercado fluido

following market

mercado satlite

follow-up mission [IMF]

misin de seguimiento misin complementaria

Food and Agriculture Organization of the United Nations FAO

Organizacin de las Naciones Unidas para la Alimentacin y la Agricultura FAO

Food and Drug Administration [USA] FDA

Administracin de Productos Alimenticios y Farmacuticos FDA Administracin de Drogas y Alimentos de los Estados Unidos FDA Administracin de Alimentos y Medicamentos

food crop

cultivo comestible cultivo alimentario

food security

seguridad alimentaria

Food Security Assistance Scheme [FAO] FSAS

Plan de Asistencia para la Seguridad Alimentaria PASA

Food Services Unit [TGS/DF/FO/FS]

Unidad de Servicios de Comedor

foot and mouth disease hoof and mouth disease

fiebre aftosa aftosa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page526

English For Immediate Release

Spanish Para su publicacin inmediata

for official use only [Development Committee papers]

exclusivamente para uso oficial

for restricted use only (not for use by third parties) [IMF information security]

para uso exclusivo de las partes interesadas

for temporary admission [BPM5]

admisin temporal, de

forbearance agreement

acuerdo de indulgencia

forbearance loan forbearance

perodo de gracia

force account, performance by [Lom convention]

administracin directa, ejecucin por

force majeure

fuerza mayor

forced indexation [SNA93]

indexacin forzada [SCN93] indizacin forzada [SCN93]

forced saving

ahorro forzoso

forecast

previsin prediccin pronstico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page527

English forecaster

Spanish analista de coyuntura

foreclosure

juicio hipotecario embargo de bienes ejecucin hipotecaria ejecucin de una garanta real embargo hipotecario

foreclosure forbearance

acuerdo de indulgencia

foreign (financing) [IFS]

externo gfs section

foreign affiliates trade in services

FATS comercio de servicios de filiales extranjeras

foreign assistance

asistencia externa asistencia extranjera

foreign bank

banco extranjero

foreign banking system [SNA93]

banca extranjera [SCN93]

foreign bill

letra sobre el exterior

foreign bond

bono extranjero

foreign borrowing

prstamo del exterior emprstito externo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page528

English foreign branch [SNA93]

Spanish sucursal extranjera [SCN93]

foreign capital

capital extranjero

foreign control [SNA93]

control extranjero [SCN93] control externo [SCN93]

foreign controlled

bajo control extranjero controlada por el exterior

foreign controlled non-financial corporations [SNA93]

sociedades no financieras controladas por el exterior [SCN93]

foreign currency banking units [IFS] FCBU

COBME centros de operaciones bancarias en moneda extranjera (Sri Lanka)

foreign currency deposits [IFS]

depsitos en divisas

foreign currency drain [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

salida de moneda extranjera [Gua de la deuda, 1993]

foreign currency liquidity [GFSM] currency liquidity

liquidez en moneda extranjera [MEFP] liquidez en divisas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page529

English foreign currency option currency option conversion privilege

Spanish opcin sobre divisas opcin de cambio de divisas

foreign currency-linked equity securities [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] currency derivatives

ttulos de participacin en el capital vinculados a una moneda extranjera [Gua de la deuda, 1993]

foreign direct investment FDI direct foreign investment DFI

inversin extranjera directa [SCN93] IED

foreign direct investor [BPM5]

inversionista directo extranjero [MBP5]

foreign draft

cheque girado sobre un banco extranjero

foreign economic aid [GFSM]

ayuda econmica externa [MEFP]

foreign establishments [BPM5]

establecimientos extranjeros [MBP5]

Foreign Exchange and Financial Markets [IMF document series; FEFM/...] FEFM

documento de la serie Mercados Cambiarios y Financieros

foreign exchange applications [BPM5]

solicitudes para adquirir divisas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page530

English foreign exchange assets [BPM5]

Spanish activos en divisas [MBP5]

foreign exchange auction

subasta de divisas subasta de moneda extranjera

foreign exchange bank

banco autorizado para operar en divisas

foreign exchange bank certificates [SNA93]

certificados bancarios en moneda extranjera [SCN93]

foreign exchange cash [SNA93]

caja en moneda extranjera [SCN93]

foreign exchange certificate [SNA93]

certificado de divisas [SCN93]

foreign exchange companies [FSIG]

casas de cambio [GISF]

foreign exchange cost exchange cost

costo en divisas

foreign exchange dealer foreign exchange trading officer trading officer foreign exchange trader

cambista agente de cambios

foreign exchange desk forex desk

mesa de cambios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page531

English foreign exchange earnings [BPM5]

Spanish utilidad cambiaria [MBP5]

foreign exchange equalization fund exchange stabilization fund [GMBS] currency stabilization fund CSF

fondo de estabilizacin cambiaria fondo de estabilizacin monetaria

foreign exchange exposure of banking systems

riesgo cambiario de los sistemas bancarios exposicin al riesgo cambiario de los sistemas bancarios

foreign exchange exposure [FSIG] currency exposure

exposicin cambiaria [GISF] exposicin a la fluctuacin de los tipos de cambio riesgo cambiario

foreign exchange market exchange market

mercado de divisas mercado de cambios mercado cambiario

foreign exchange net commercial balance [SNA93]

balanza comercial neta cambiaria [SCN93]

foreign exchange position

posicin en moneda extranjera posicin cambiaria nivel de divisas situacin cambiaria

foreign exchange rationing

control gubernamental de divisas - para la importacin/exportacin racionamiento de divisas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page532

English foreign exchange record system

Spanish sistema de registro de cambios

foreign exchange record exchange record

registro de operaciones cambiarias registro de cambios

foreign exchange services [BPM5]

servicios cambiarios

foreign exchange speculation

especulacin cambiaria especulacin en divisas

foreign exchange surrender requirement surrender requirement

obligatoriedad de la cesin de divisas obligacin de entrega de divisas

foreign exchange swap [GFSM]

swap de divisas [MEFP] swap de divisas

foreign exchange taxes exchange taxes

impuestos sobre las operaciones cambiarias impuestos sobre las operaciones de cambio [MEFP]

foreign exchange transaction

transaccin en divisas transaccin en moneda extranjera

foreign financial assets and liabilities [BPM5]

activos y pasivos financieros sobre el exterior [MBP5]

foreign financial assets [BPM5; GFSM]

activos financieros frente el exterior activos financieros externos [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page533

English foreign financial items [BPM5]

Spanish activos financieros sobre el exterior [MBP5]

foreign general government [BOP]

gobierno general extranjero

foreign investment

inversin extranjera

Foreign Investment Advisory Services [IFC-MIGA] FIAS

Servicio de Asesora sobre Inversin Extranjera FIAS

foreign investment approvals [BPM5]

aprobacin de inversiones extranjeras

foreign investor [SNA93]

inversionista extranjero [SCN93]

foreign issue [securities]

emisin extranjera emisin en el extranjero

foreign lending funds [GMBS]

fondos de prstamos extranjeros

foreign liabilities

pasivos sobre el exterior pasivos externos [IFS; MEFP] pasivos exteriores pasivos frente al exterior

foreign military aid [GFSM]

ayuda militar al exterior [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page534

English foreign official sector [BPM5]

Spanish sector oficial extranjero [MBP5]

foreign official, excluding interofficial [BPM5]

oficial extranjera, excluida la interoficial [MBP5]

foreign portfolio investment FPI

inversin extranjera de cartera

foreign recipient

beneficiario extranjero

foreign sources of financing [BOP]

fuentes externas de financiamiento

foreign subsidiaries [SNA93]

sucursales extranjeras [SCN93]

foreign tax credit

crdito tributario por impuestos pagados en el exterior

foreign trade multiplier

multiplicador del comercio exterior

foreign trade [SNA93] trade [SNA93] international trade cross-border trade

comercio [SCN93] comercio exterior comercio internacional intercambios comerciales comercio transfronterizo

foreign vessels [SNA93]

naves extranjeras [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page535

English foreign workers [BPM5]

Spanish trabajadores extranjeros

foreign-controlled enterprises [BPM5]

empresas bajo control extranjero

foreign-currency-denominated liabilities to total liabilities [FSIG]

pasivos en moneda extranjera/pasivos totales [GISF]

foreign-currency-denominated loans to total loans [FSIG]

cartera en moneda extranjera/cartera total [GISF]

foreign-currency-linked derivatives [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

instrumentos derivados vinculados con divisas [Gua de la deuda, 1993]

foreign-held balances

saldos en manos de no residentes saldos en el exterior saldos deudores en el exterior

foreign-owned corporation

empresa de propiedad extranjera

foreing currency fixed-payment liability [BPM5]

pasivo asociado con un pago fijo en moneda extranjera [MBP5]

forensic accounting

contabilidad forense

forestry [GFSM]

explotacin forestal silvicultura [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page536

English forfaiting [export credits]

Spanish descuento de pagars forfaiting forfetizacin [Gua de la deuda, 1993]

forfeit forfeiture confiscation

confiscacin decomiso

forfeits

depsitos en caucin transferidos

forged check

cheque falsificado

forgiveness of liabilities [BPM5]

condonacin de obligaciones

forgone revenue forgone income forgone earnings

ingreso sacrificado ingreso fiscal no percibido

form of payment of the subscription [BL]

forma de pago de la suscripcin

Formal Board Seminar

seminario formal del Directorio

formal consultation [IMF] regular consultation

consulta ordinaria

formal GDP

PIB del sector formal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page537

English formal ineligibility [IMF]

Spanish inhabilitacin oficial

formal sector

sector formal

formal vote [IMF, Executive Board]

votacin formal

formally convertible currency [IMF]

moneda oficialmente convertible

former Soviet republic FSR

antigua repblica sovitica

former Soviet Union FSU

antigua Unin Sovitica

forms types [BPM5]

tipos de formularios

formula-based grant [public finance] formula grant

subvencin basada en frmulas

forty plus eight recommendations 40 and 8 Recommendations FATF 408 FATF 408 recommendations

40 8 recomendaciones del GAFI Cuarenta Recomendaciones y Ocho Recomendaciones Especiales del GAFI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page538

English Forty Recommendations [FATF] FATF 40 forty FATF Recommendations 40 Recommendations to Combat Money-Laundering FATF 40 Recommendations

Spanish 40 Recomendaciones del GAFI 40 Recomendaciones sobre el blanqueo de capitales 40 Recomendaciones para combatir el lavado de activos

Forum on Social Reform and Poverty [IDB/UNDP]

Foro sobre Reforma Social y Pobreza

forward commitment capacity [IMF, liquidity] FCC

capacidad de compromiso futuro CCF

forward cover cover

cobertura cobertura a trmino cobertura a plazo

forward discount

descuento a trmino descuento a plazo descuento

forward exchange transaction

operacin de cambio a trmino operacin cambiaria a plazo

forward exchange [SNA93]

divisas a futuro [SCN93]

forward financial derivative contract forward contract forward-type contract forward

contrato de derivados financieros a trmino contrato a trmino contrato a plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page539

English forward foreign exchange contract

Spanish contrato de cambio a trmino contrato a futuro sobre divisas contrato en divisas a plazos contrato de cambio a plazo

forward guidance

mensajes del banco central sobre la orientacin de la poltica monetaria

forward linkage

vinculacin hacia adelante

forward looking expectations

expectativas basadas en la evolucin prevista expectativas basadas en las previsiones

forward looking measure [GFSM]

medida prospectiva [MEFP]

forward looking period [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

perodo de proyeccin [Gua de la deuda, 1993]

forward market [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

mercado a trmino [Gua de la deuda, 1993] mercado a plazo

forward operation

operacin a trmino operacin a plazo

forward premium premium

prima a trmino prima a plazo prima a futuro prima

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page540

English forward purchases [SNA93]

Spanish compras a futuro [SCN93]

forward rate agreement FRA future rate agreement [BIS]

contrato a futuro sobre tasas de inters [Gua de la deuda, 1993] acuerdo a futuro sobre tasas de inters [MEFP; SCN93] AFTI acuerdo de tasa de inters a trmino [BPM5] acuerdo a plazo sobre tasas de inters

forward rate [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

tipo de cambio a trmino

forward shifting

traslacin hacia adelante traslacin del impuesto hacia adelante

forwarding [BPM5]

expedicin [MBP5]

forward-type derivatives [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

instrumentos derivados de tipo de instrumentos a trmino [Gua de la deuda, 1993]

Fourth Pillar Consultations with the Fund on Reform of IMF Governance Fourth Pillar Consultations with civil society on IMF Governance Reform Fourth Pillar consultations

Informe sobre las consultas entre la sociedad civil (el cuarto pilar) y el Fondo Monetario Internacional sobre la reforma de la estructura de gobierno del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page541

English Fourth World

Spanish Cuarto Mundo

Fourth World Conference on Women: Action for Equality, Development and Peace

Cuarta Conferencia Mundial sobre la Mujer: Accin para la Igualdad, el Desarrollo y la Paz

fragile state

Estado frgil

framework

estructura plan de accin marco conceptual marco

Framework Administered Account for Technical Assistance Activities [IMF]

Cuenta Administrada General para las Actividades de Asistencia Tcnica

framework agreement

acuerdo marco

Framework Convention on Biological Diversity [GEF] FCBD

Convenio-marco sobre la Diversidad Biolgica [GEF]

Framework for Strong, Sustainable and Balanced Growth [G-20]

marco para un crecimiento slido, sostenible y equilibrado

franchise [retailing]

concesin franquicia

franchising

concesin de franquicias franquicia franquicia comercial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page542

English Francophone/Lusophone Africa Division/Area AFR2

Spanish Divisin/Regin de frica Francfona/Lusitana

Frankfurt interbank offered rate FIBOR

tipo interbancario de oferta de Francfort FIBOR

Frascati Manual 2002: Proposed Standard Practice for Surveys on Research and Experimental Development [SNA; OECD] Frascati Manual

Manual de Frascati 2002: Propuesta de Estndares para la realizacin de Encuestas de Investigacin y Desarrollo Experimental

free alongside quay f.a.q.

franco en muelle

free alongside ship f.a.s.

franco al costado del buque f.a.s.

free competition

libre competencia

free enterprise economy

economa de libre empresa

free enterprise system

sistema de libre empresa

free entry (into a market)

libre ingreso al mercado

free fall regime

rgimen de cada libre

free float clean float

libre flotacin flotacin libre flotacin limpia flotacin pura

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page543

English free good [economics]

Spanish bien gratuito

free market

mercado libre

free market price [BPM5]

precio de mercado libre [MBP5]

free market pricing

libertad de precios determinacin de precios en un mercado libre

free on board f.o.b.

franco a bordo f.o.b.

free reserves

reservas libres reservas disponibles

free rider

que se beneficia sin asumir carga alguna

free rider bank [London Club] free rider

banco abstencionista

free standing technical cooperation [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

cooperacin tcnica independiente [Gua de la deuda, 1993]

free trade area

zona de libre comercio [MBP6] zona franca [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page544

English Free Trade Area of the Americas FTAA

Spanish rea de Libre Comercio de las Amricas ALCA

free trade zone free zone free port free warehouse foreign trade zone

zona franca

free trade open trade liberal trade

libre comercio libre cambio comercio liberal

free vector

vector libre

freedom of capital movements free movement of capital

libre circulacin del capital

freehand fit [statistics]

ajuste a mano alzada

freely usable currency [IMF]

moneda de libre uso [P45] moneda de libre disponibilidad

freeze

congelamiento

freezing

congelamiento incautacin

freight

flete

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page545

English freight and insurance of merchandise [BPM5]

Spanish fletes y seguros de mercancas [MBP5]

freight and insurance on imports [BPM5]

seguro y flete de importaciones

freight and insurance on merchandise [BOP]

fletes y seguros de mercancas

freight car

vehculo de carga

freight charge

precio de flete

freight insurance [BPM5]

seguro de fletes [MBP5]

freight services [BPM5]

servicios de fletes [MBP5]

freight transportation [BPM5]

transporte de bienes [MBP5]

French Division

Divisin de Francs

French international financial futures market [FRA] MATIF

mercado francs de futuros financieros MATIF

French Technical Assistance Subaccount [IMF]

Subcuenta de Asistencia Tcnica correspondiente a Francia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page546

English frequency and timeliness [BPM5]

Spanish frecuencia y puntualidad

frequency distribution [statistics]

distribucin de frecuencias

frequency [data]

frecuencia

frictional unemployment transitional unemployment search unemployment

desempleo friccional tasa friccional de desempleo

friendly takeover

opa amistosa

fringe benefits employee benefits

prestaciones suplementarias prestaciones accesorias beneficios y prestaciones no salariales prestaciones sociales

from abroad (excluding supranational authorities) [GFSY]

del exterior (excluidas las autoridades supranacionales)

from nonfinancial public enterprises and public financial institutions [GFSY]

de empresas pblicas no financieras e instituciones financieras pblicas

from other levels of national government [GFSY]

de otros niveles de gobierno nacional

from supranational authorities to member countries [GFSY]

de autoridades supranacionales a pases miembros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page547

English front line country

Spanish pas de la lnea de frente

front line, the [IBRD-Strategic Compact] front-line services

primera lnea, la servicios de primera lnea

front loaded loan

prstamo cuyo desembolso se concentra al comienzo del perodo

front loaded purchase

compra concentrada al comienzo del perodo

front month

mes ms prximo al vencimiento

front office

front office

Front Office [IMF]

Direccin (de un departamento)

front-end fee

comisin pagadera a la firma comisin inicial comisin abonada al firmar

frontier market [IFC]

mercado fronterizo

frontier technology leading technology leading edge technology cutting edge technology

tecnologa de vanguardia tecnologa avanzada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page548

English front-loaded interest reduction bond [debt restructuring] FLIRB

Spanish bono a tasa de inters reducida al comienzo del perodo con capitalizacin

front-loaded spending

gastos concentrados al comienzo del perodo

front-loading [IMF] front-end loading

concentracin al comienzo del programa concentracin de desembolsos al comienzo del perodo del acuerdo [P45] concentracin (de medidas, gastos, etc.) al comienzo del perodo

F-tables [econometrics]

tablas de la ley de Fisher

fuel and energy [GFSM; GFSY]

combustibles y energa [MEFP]

fuel and provisions [BPM5]

combustible y provisiones

fuel exporters

exportadores de combustibles

fuel, provisions, stores and supplies [BPM5]

combustible, vveres, pertrechos y otros suministros [MBP5]

fulfill an obligation [IMF]

cumplir una obligacin

full accrual basis [SNA93]

base total devengado [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page549

English full asset settlement

Spanish liquidacin integral en activos liquidacin total en activos

full capacity level

nivel de plena capacidad

full cost pass-through

traslado ntegro de los costos

full currency convertibility

plena convertibilidad de las monedas

full dollarization official dollarization

dolarizacin plena dolarizacin oficial

full employment

pleno empleo

full employment balance

equilibrio de pleno empleo

full employment budget surplus

supervit presupuestario de pleno empleo

full employment multiplier

multiplicador de pleno empleo

full faith and credit

plena fe y crdito

full information maximum likelihood procedure [econometrics] FIML procedure

mtodo de mxima verosimilitud con informacin completa

full sequence of accounts for institutional sectors [SNA93]

secuencia completa de cuentas por sectores institucionales [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page550

English full sequence of accounts for: the total economy - the nonfinancial corporations - the financial corporations - the general government - the households - the non-profit institutions serving households - the rest of the world [SNA93]

Spanish secuencia completa de cuentas para: la economa total - las sociedades no financieras - las sociedades financieras - el gobierno general - los hogares - las instituciones sin fines de lucro que sirvan a los hogares - el resto del mundo [SCN93]

full-fledged Poverty Reduction Strategy Paper full-fledged PRSP full PRSP

DELP definitivo Documento Definitivo de Estrategia de Lucha contra la Pobreza

full-recourse loan

prstamo con plena reclamacin

full-time employment

empleo a jornada completa

full-time worker

empleado a tiempo completo trabajador a jornada completa

fully accrual recording [BPM5]

registro plenamente en base a valores devengados [MBP5]

fully funded pension plan [corporations] funded pension plan fully funded system funded system fully funded plan [corporations]

sistema de capitalizacin rgimen de capitalizacin rgimen de plena capitalizacin plan de pensiones plenamente capitalizado

fully invested

totalmente invertido completamente invertido

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page551

English functional and special services departments [IMF]

Spanish departamentos funcionales y de servicios especiales

functional category [BPM5]

categora funcional [MBP5]

functional classification of expense functional classification of expenditure

clasificacin funcional del gasto [MEFP]

functional model

modelo funcional

functional relationship

relacin funcional

functional type of investment [BPM5]

tipo funcional de inversin

fund

fondo

Fund borrowing: EAR [IFS]

emprstitos FMI: PMA emprstitos del FMI: poltica de mayor acceso a los recursos del Fondo

Fund borrowing: GAB

emprstitos del FMI: AGP emprstitos del FMI: acuerdos generales para la obtencin de prstamos

Fund borrowing: oil facility [IFS]

emprstitos FMI: servicio del petrleo

Fund borrowing: SFF [IFS]

emprstitos del FMI: servicio de financiamiento suplementario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page552

English fund capture [BPM5]

Spanish recaudacin [MBP5]

Fund communications strategy

estrategia de comunicacin del FMI

fund credit [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

crdito del FMI [Gua de la deuda, 1993]

Fund for Cooperation, Compensation and Development ECOWAS Fund

Fondo de Cooperacin, Compensacin y Desarrollo Fondo CEDEAO

Fund liquidity

liquidez del FMI

Fund loans and credits

prstamos y crditos del FMI

fund manager

administrador de fondos

fund of funds FOF

fondo de fondos fondo que invierte en otros fondos

Fund Office in the United Nations [IMF] UN

Oficina del FMI en las Naciones Unidas

Fund policies and operations

polticas y operaciones del FMI

Fund policy for involvement in post-conflict countries [IMF]

poltica del FMI para la participacin en pases en situacin de posconflicto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page553

English Fund quota IMF quota membership quota quota in the Fund [IFS; SNA93] quota

Spanish cuota [P45] cuota en el FMI

fund raising

captacin de fondos

Fund staff [IMF] staff

personal tcnico del FMI cuerpo tcnico del FMI funcionarios del FMI personal del FMI

fundamental disequilibrium

desequilibrio fundamental

fundamental equilibrium exchange rate FEER

tipo de cambio de equilibrio fundamental

fundamental exchange rate misalignment

desalineacin fundamental del tipo de cambio

fundamentally misaligned

fundamentalmente desalineado

Fund-Bank mission

misin conjunta del FMI y el Banco Mundial

funded debt long-term liability non-current liability long-term debt

deuda consolidada deuda perpetua deuda financiada

funding conditions

condiciones de financiamiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page554

English Funding for Lending Scheme FLS

Spanish programa FLS de fondos para prstamos

funding gap

brecha (de financiamiento) dficit de financiamiento

funding market

mercado de financiamiento

funding mismatch

asimetra del financiamiento descalce de financiamiento

funding of deferred charges [IMF]

financiamiento de cargos diferidos financiamiento para cubrir cargos diferidos

funding pressures

presiones de financiamiento [WHD REO]

funding [finance]

provisin de recursos financieros fondeo financiamiento provisin de fondos

fundraising

campaa para movilizar recursos adicionales

Fund-related accounts

cuentas relacionadas con el FMI

Fund-related assets

activos relacionados con el FMI

funds contributed by owners [FSIG]

fondos aportados por los propietarios [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page555

English funds transfer system FTS

Spanish sistema de transferencia de fondos

Fund-supported program

programa respaldado por el FMI

fungibility

fungibilidad

fungible

fungible

fungible bonds [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

bonos fungibles [Gua de la deuda, 1993] bonos lineales [Gua de la deuda, 1993] linear bonds [Gua de la deuda, 1993]

futures contract future

futuros [GISF] contrato de futuros futuro contrato a trmino contrato a plazo operacin a trmino operacin a plazo contrato a futuro

futures option

opcin sobre futuros

G20 Business Summit Business Summit

Cumbre B20

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page556

English G20 Indicative Guidelines for Assessing Persistently Large Imbalances Indicative Guidelines

Spanish Directrices indicativas del G20 para la evaluacin de los grandes desequilibrios persistentes

G-20 Mutual Assessment Process G-20 MAP MAP

Proceso de Evaluacin Mutua del G-20 PEM del G-20

g7 group of countries experiencing conflict and fragility Group of Seven Plus g7

g7

G8 Debt Cancellation Proposal G8 Debt Proposal G8 debt initiative

propuesta del G-8 para la cancelacin de la deuda

gain

utilidad ganancia

gain traction

surtir efecto cobrar impulso ganar eficacia

gains and losses on financial instruments [FSIG]

ganancias y prdidas por instrumentos financieros [GISF]

gains and losses [GFSM]

ganancias y prdidas [MEFP]

game theoretic

conforme con la teora de los juegos segn la teora de los juegos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page557

English game theory

Spanish teora de los juegos

gamma distribution

distribucin gamma

gamma-2 distribution

distribucin gamma-2

gap

brecha diferencia

gap analysis [FSIG]

anlisis de gaps [GISF] anlisis de diferencias

gap financing bridge financing bridge loan bridging credit swing loan swing line

financiamiento puente financiamiento de empalme prstamo puente prstamo de empalme prstamo transitorio descubierto recproco margen de crdito recproco

gas and oil production platforms [BPM5]

plataformas de extraccin de gas natural y petrleo [MBP5]

Gatekeeper Initiative [AML/CFT]

Iniciativa Gatekeeper Iniciativa Gatekeeper iniciativa de garantes del sistema financiero

gatekeepers

garantes del sistema financiero profesionales obligados guardianes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page558

English GATT Task Force on Trade Statistics [GATT]

Spanish Grupo de Tarea del GATT sobre Estadsticas del Comercio

Gauss-Markov theorem

teorema de Gauss-Markov

Gauss-Newton method

mtodo de Gauss-Newton

GDDS Bulletin Board [IMF]

cartelera electrnica del SGDD

GDP blend

PIB mixto

GDP blend booster

complemento por PIB mixto

GDP-only formula

frmula que solo incluye el PIB

gender asymmetry

diferencias de trato derivadas de la condicin de hombre o mujer distribucin asimtrica por razn de sexo

gender awareness

sensibilidad a las diferencias (de trato) por razn de gnero, de sexo

gender equality

igualdad de gnero

gender issues

cuestiones relacionadas con el gnero cuestiones relativas a las diferencias de trato por razn de sexo

gender statistics

estadsticas (desglosadas) por sexo

gender wage gap

diferencia salarial por razn de sexo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page559

English gender-based pay inequality

Spanish desigualdad de remuneracin por razn de sexo desigualdad de remuneracin por razn de gnero

gender-neutral attitude gender blindness

actitud imparcial en materia de gnero prescindencia de consideraciones basadas en el gnero imparcialidad en el trato del hombre y la mujer

gender-specific terminology

terminologa que indica condicin de hombre o mujer

General Accounting Office [USA] GAO

Oficina General de Contabilidad

General Administrative Order [IMF] GAO

Orden Administrativa General

General Agreement on Tariffs and Trade GATT

Acuerdo General sobre Aranceles Aduaneros y Comercio GATT

General Agreement on Trade in Services [WTO] GATS

Acuerdo General sobre el Comercio de Servicios

general and special reserves [FSIG]

reservas generales y especiales [GISF]

General Arrangements to Borrow [IMF] GAB

Acuerdos Generales para la Obtencin de Prstamos AGP

General Assembly

Asamblea General

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page560

English General Capital Increase [IBRD] GCI

Spanish aumento general del capital

General Committee for Agricultural Co-Operation in the EU [EU] COGECA

Comit General de la Cooperacin Agrcola de la UE COGECA

General Conference [UNESCO]

Conferencia General

General Council [ECB]

Consejo General

General Counsel (Legislation), Assistant

Consejero Jurdico Adjunto (Legislacin)

General Counsel [IMF-LEG]

Consejero Jurdico

General Counsel, Assistant [IMF-LEG]

Consejero Jurdico Adjunto

General Counsel, Deputy [IMF-LEG]

Subconsejero Jurdico

General Data Dissemination Standard [IMF] GDDS general standard

Normas Generales para la Divulgacin de Datos NGDD normas generales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page561

English General Data Dissemination System Unit [STA/AI/GD] GDDS Unit

Spanish Unidad del Sistema General de Divulgacin de Datos

General Data Dissemination System [IMF-EBB] GDDS

Sistema General de Divulgacin de Datos SGDD

General Department [IMF]

Departamento General

general direct reporting companies GDRC

Compaas de declaracin directa general

general economic and commercial affairs [GFS 1986; GFSM]

asuntos econmicos y comerciales generales [MEFP]

general economic, commercial, and labor affairs [GFSM]

asuntos econmicos, comerciales y laborales generales [MEFP]

General Economy Division

Divisin de Estadsticas Econmicas Generales

general equilibrium

equilibrio general

general exchange arrangements [IMF]

regmenes generales de cambios

general government bodies [BPM5]

organismos del gobierno general [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page562

English general government classification alternatives [SNA93]

Spanish clasificaciones alternativas del gobierno general [SCN93]

general government sector general government

gobierno general [MBP5; MBP6; MEFP; SCN93] sector gobierno general [MEFP]

general government units subject to dual control [GFSM]

unidades del gobierno general sujetas a control por dos niveles de gobierno [MEFP]

general government units [GFSM]

unidades del gobierno general [MEFP]

general hospital services [GFSM]

servicios hospitalarios generales [MEFP]

general increase in quotas equiproportional increase in quotas

aumento general de las cuotas aumento equiproporcional de las cuotas

general labor affairs [GFSM]

asuntos laborales generales [MEFP]

general ledger [accounting] ledger

mayor general mayor libro mayor registro contable

general liability insurance [BPM5]

seguro de responsabilidad civil general [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page563

English General Manager [BIS]

Spanish Gerente General

general medical services [GFSM]

servicios mdicos generales [MEFP]

general merchandise [BPM5; BPM6]

mercancas generales [MBP5; MBP6]

general obligation bond GO bond

bono rescatable con recursos generales

general partner [limited partnership; ordinary partnership] managing partner

socio comanditado socio colectivo

general personnel services [GFSM]

servicios generales de personal [MEFP]

general price level accounting

contabilidad basada en el nivel general de precios

general price level [SNA93]

nivel general de precios [SCN93]

general production equilibrium

equilibrio general de la produccin

general provisions [FSIG]

provisiones genricas [GISF]

general public services N.E.C. [GFSM]

servicios pblicos generales N.E.P. [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page564

English general public services [GFSM; GFSY]

Spanish servicios generales de la administracin pblica [MEFP] servicios pblicos generales

general purpose grant [public finance]

subvencin sin destino especfico transferencia sin destino especfico

general quota review

Revisin General de las Cuotas

general reserve [AA]

Reserva General

General Resources Account [IMF] GRA

Cuenta de Recursos Generales CRG

General Resources Account-supported program GRA-supported program

programa respaldado con recursos provenientes de la Cuenta de Recursos Generales

General Resources and SDR Policy Division [PDR/GR]

Divisin de Poltica sobre Recursos Generales y DEG

general resources [IMF]

recursos generales

General Review of Quotas [IMF] five-year review of quotas quinquennial review of quotas [IMF]

revisin general de cuotas revisin quinquenal de cuotas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page565

English general sales tax GST

Spanish impuesto general sobre las ventas

general sales, turnover, or value-added taxes [GFSY]

impuestos generales sobre ventas, cifra de negocios o valor agregado

general savings fund deposits [IFS]

caja general de ahorro: depsitos (Belgium)

general SDR allocation general allocation of SDRs

asignacin general de DEG

General Services Division [TGS/DG]

Divisin de Servicios Generales

general services [GFSM]

servicios generales [MEFP]

general stochastic hypothesis

hiptesis estocstica general

general taxes on goods and services [GFSM]

impuestos generales sobre los bienes y servicios [MEFP]

general trade system

sistema de comercio general sistema comercial general

General Treaty on Central American Economic Integration [SIECA]

Tratado General de Integracin Econmica Centroamericana

General Trust Fund [UNIDO]

Fondo Fiduciario General

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page566

English generalized floating

Spanish flotacin generalizada

generalized inverse [mathematics]

inversa generalizada

generalized method of moments GMM

mtodo generalizado de momentos MGM

Generalized System of Preferences [WTO] GSP

Sistema Generalizado de Preferencias SGP

generally accepted accounting principles GAAP

principios de contabilidad generalmente aceptados

generally accepted auditing standards GAAS

normas de auditora generalmente aceptadas

Generally Accepted Principles and Practices for Sovereign Wealth Funds GAPP Santiago principles

principios y prcticas generalmente aceptados para los fondos soberanos de inversin principios de Santiago

general-purpose assets [GFSM]

activos para usos generales [MEFP]

generation of income account [SNA93]

cuenta de generacin del ingreso [SCN93]

generation of income [SNA93]

generacin del ingreso [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page567

English generation of savings

Spanish formacin del ahorro

generational accounting

contabilidad generacional

generic data quality assessment framework [IMF-GDDS] generic assessment framework generic framework

marco general para el anlisis de la calidad de los datos

genetically modified food Frankenfood

alimento genticamente modificado

genetically modified organism GMO

organismo genticamente modificado

Geneva Office [IMF-EUR] EUO/GE

Oficina del FMI en Ginebra

Gensaki market [Japan]

mercado (de transacciones) gensaki

geographic analysis

anlisis por regiones geogrficas

geographic territory [BOP]

territorio geogrfico

geographical distribution of loans to total loans [FSIG]

distribucin geogrfica de la cartera/cartera total [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page568

English geometric mean geometric average [CPI]

Spanish media geomtrica

geometric probability

probabilidad geomtrica

geometric progression

progresin geomtrica

German Development Institute GDI

Instituto Alemn de Desarrollo IAD

German Economic, Monetary and Social Union [EC] GEMSU

Unin Econmica, Monetaria y Social de Alemania UEMSA

German Foundation for International Development DSE

Fundacin Alemana para el Desarrollo Internacional DSE

Germany, United Kingdom, Netherlands GUN

Alemania, Pases Bajos, Reino Unido grupo GUN

gestation period

perodo de gestacin

GFS analytic framework [GFSM]

marco analtico de las EFP [MEFP] marco analtico del sistema de EFP [MEFP]

GFS classification system GFS system

sistema de clasificacin de EFP sistema de EFP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page569

English ghost worker

Spanish trabajador ficticio, fantasma

gift tax

impuesto sobre donaciones y legados impuesto sobre la transmisin gratuita de bienes

gifts

donaciones regalos

Gini coefficient Gini inequality index coefficient of concentration Gini index

coeficiente de Gini ndice de desigualdad de Gini ndice de concentracin de Gini coeficiente de concentracin ndice de Gini

giro account

cuenta de giros postales

giro central

central de giros

giro postal order

giro postal

Giro system postal [GMBS] Giro system post giro

sistema de giros postales

gliding parity sliding parity

paridad mvil paridad ajustable

Global Advisory Committee GAC

Comit Consultivo Mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page570

English Global Alliance for Vaccines and Immunization GAVI

Spanish Alianza Global para Vacunas e Inmunizacin GAVI

Global Assistance Coordination Database [IBRD] Anti-Money Laundering/Combating the Financing of Terrorism Global Assistance Coordination Database

base de datos internacional para la coordinacin de la asistencia para la lucha contra el lavado de dinero y el financiamiento del terrorismo

global balance of payments

balanza de pagos mundial

global bond

bono global

global burden of disease GBD

carga de enfermedad carga de morbilidad carga global de la morbilidad CGM

Global Call to Action Against Poverty GCAP

Llamado Mundial a la Accin contra la Pobreza

Global Coalition for Africa GCA

Coalicin Mundial para frica CMA

Global Committee for Argentine Bondholders GCAB

Comit Global de Tenedores de Bonos Argentinos

global commons

patrimonio comn de la humanidad patrimonio universal

Global Compact

Pacto mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page571

English global consolidation [MPI]

Spanish consolidacin mundial

Global Corporate Governance Forum [OECD; WB] GCGF

Foro mundial sobre el gobierno empresarial

global credit spreads

diferenciales de crdito a nivel mundial diferenciales de tasas de inters mundiales

global current account balance

balanza mundial en cuenta corriente

global depository receipt GDR

certificado internacional de depsito de acciones GDR

Global Development Finance [World Bank]

Flujos mundiales de financiamiento para el desarrollo

Global Development Gateway [IBRD] GDG

Portal sobre el desarrollo en el mundo

Global Development Learning Network [WB] GDLN

Red Mundial de Educacin a Distancia

global divide

brecha global

global economic and financial outlook

perspectivas econmicas y financieras mundiales

global economy

economa mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page572

English Global Economy Model [IMF] GEM

Spanish Modelo Econmico Mundial

Global Environment Facility Trust Fund [IBRD-UNEP-UNDP]

Fondo Fiduciario para el Medio Ambiente Mundial

Global Environment Facility [IBRD-UNEP-UNDP] GEF

Fondo para el Medio Ambiente Mundial FMAM GEF

Global Environment Monitoring System GEMS

Sistema Mundial de Vigilancia del Medio Ambiente

Global Environment Trust Fund [World Bank] GET

Fondo Fiduciario para el Medio Ambiente Mundial

Global Financial Analysis Division GFSR

Divisin de Anlisis Financiero Mundial

global financial conditions

condiciones financieras mundiales

global financial crisis

crisis financiera mundial

global financial safety net

red mundial de proteccin financiera

Global Financial Stability Analysis Division [MCM/GS]

Divisin de Anlisis de la Estabilidad Financiera Mundial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page573

English Global Financial Stability Division [MCM/GS]

Spanish Divisin de Estabilidad Financiera Mundial

Global Financial Stability Report [IMF-MCM] GFSR

Informe sobre la estabilidad financiera mundial [titulo no oficial]

Global Fiscal Model [IMF] GFM

Modelo Fiscal Mundial [FMI]

Global Food Crisis Response Program GFRP

Fondo Global para la Reduccin de Desastres y Recuperacin GFDRR

Global Fund to Fight AIDS, Tuberculosis and Malaria GFATM

Fondo Mundial de Lucha contra el SIDA, la tuberculosis y la malaria

global governance

gobernanza mundial

Global HIV/AIDS Unit [IBRD]

Unidad sobre el VIH/SIDA en el mundo

global imbalance

desequilibrios mundiales

global income tax

impuesto global sobre la renta

Global Information and Early Warning System on Food and Agriculture [FAO] GIEWS

Sistema mundial de informacin y alerta sobre la agricultura y la alimentacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page574

English Global Information Clearing House

Spanish centro internacional de intercambio de informacin

Global Initiative on Fiscal Transparency GIFT

Iniciativa Mundial para la Transparencia Fiscal GIFT

Global Knowledge 97: Knowledge for Development in the Information Age

El Saber Mundial 97

Global Knowledge Partnership

Alianza Mundial para el Saber

Global Markets Analysis Division GMAD

Divisin de Anlisis de los Mercados Mundiales

Global Markets Division

Divisin de Mercados Mundiales

Global Markets Monitoring and Analysis Division [MCM/GA]

Divisin de Monitoreo y Anlisis de los Mercados Mundiales

Global Markets Unit

Unidad de Mercados Mundiales

Global Monitoring Report [IMF/World Bank] GMR

Global Monitoring Report Informe anual de seguimiento mundial

global need to supplement reserve assets [IMF]

necesidad global de complementar los activos de reserva

Global Network for Banking Innovation in Microfinance GNBI

Red Global para la Innovacin Bancaria en Microfinanzas GNBI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page575

English global note facility GNF

Spanish servicio de emisin internacional de ttulos GNF

Global Organization of Parliamentarians Against Corruption GOPAC

Organizacin Mundial de Parlamentarios contra la Corrupcin

Global Partnership on Results-Based Aid [IBRD]

Asociacin mundial sobre la ayuda basada en los resultados

Global Partnerships Division [IMF-<a href=mcTermLink|6cfcaed7-1197-4602-aa03fd7dd39c403c|c8b62eb3-8adb-4698-aa70-b77950cda500 class=FieldValue>Institute for Capacity Development</a>] GPD

Divisin de Alianzas Mundiales

global payments imbalance approach

enfoque de los desequilibrios mundiales de pagos

Global Program against Money Laundering GPML

Programa mundial contra el blanqueo de dinero GPML

Global Projection Model GPM

Modelo de Proyeccin Mundial

global public good GPG

bien pblico mundial

global saving

ahorro mundial

Global Stabilization Mechanism GSM

Mecanismo de Estabilizacin Mundial MEM

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page576

English global statement [BPM5]

Spanish estado global [MBP5]

global stewardship [environment]

custodia del medio ambiente mundial

global supply chain

cadena mundial de suministro

global systemically important financial institutions G-SIFIs

instituciones financieras de importancia sistmica mundial

global tax

impuesto mundial.

Global Trade Analysis Project GTAP

Proyecto de Anlisis del Comercio Mundial GTAP

global world [SNA93] universal

mundial universal

globalization

mundializacin globalizacin

glocalization

glocalizacin

GNP deflator

deflactor del PNB

GNP gap

brecha del PNB

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page577

English going concern

Spanish empresa en marcha empresa en funcionamiento

going price [BPM5]

precio corriente [MBP5]

gold (million fine troy ounces) [IFS]

oro (millones de onzas troy de oro fino)

gold (national valuation) [IFS]

oro (valoracin nacional)

gold and SDRs [SNA93]

oro y DEG [SCN93]

gold auction

subasta de oro

gold bullion

oro no amonedado oro en lingotes [BPM6]

gold clause

clusula oro

gold coin

oro amonedado

gold collateral transaction

transaccin con garanta oro

gold deposit account

cuenta de depsito de oro

gold deposit [BPM6]

depsito de oro [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page578

English gold exchange standard gold standard

Spanish patrn de cambio oro patrn oro

gold on loan [BPM6]

oro en prstamo [MBP6]

gold output [IFS]

produccin de oro (neta)

gold parity

paridad oro

gold pledge [IMF-ESAF]

garanta de oro

gold pool

Gold Pool pool del oro

gold subscription [IMF]

suscripcin en oro

gold substitution account [AA]

cuenta de sustitucin del oro

gold swap

swap de oro

gold tranche drawing [AA]

giro en el tramo de oro

gold tranche position [AA]

posicin en el tramo de oro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page579

English gold tranche purchase [AA]

Spanish compra en el tramo de oro

gold tranche [AA]

tramo de oro

gold valuation [GMBS]

valoracin del oro

gold [BPM5; BPM6; SNA93]

oro [MBP6; SCN93]

gold-backed

con garanta oro con respaldo en oro con respaldo oro

golden rule (of public finance)

regla de oro (de las finanzas pblicas)

golden rule of accumulation golden rule of capital accumulation golden rule of growth

regla de oro de acumulacin de capital

Goldilocks fiscal consolidation

consolidacin fiscal adaptada a la situacin de cada pas consolidacin fiscal adecuada para cada circunstancia consolidacin ideal para cada circunstancia

gold-pegged currency

moneda vinculada al oro

good citizenship

civismo

good governance

buen gobierno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page580

English Good Practice Guidelines for Foreign Exchange Trading

Spanish directrices sobre prcticas ptimas para las operaciones de cambio

goodness of fit [statistics]

precisin del ajuste bondad del ajuste

goodness-of-fit test

verificacin de la precisin del ajuste prueba de la bondad del ajuste

goods acquired by travelers [BPM5]

bienes adquiridos por viajeros

goods and services account [SNA93]

cuenta de bienes y servicios [SCN93]

goods and services supplied by one non-market establishment to another [SNA93]

bienes y servicios suministrados por un establecimiento no de mercado a otro [SCN93]

goods and services supplied free, or at not economically significant prices, to other institutional units [SNA93]

bienes y servicios suministrados gratuitamente, o a precios econmicamente no significativos, a otras unidades institucionales [SCN93]

goods and services [BPM5; BPM6; SNA93]

bienes y servicios [MBP6; SCN93]

goods classified in items other than merchandise [BPM5]

bienes no clasificados en mercancas [MBP5]

goods for processing [BPM5; BPM6]

bienes para transformacin [MBP5; MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page581

English goods for repair repair of goods

Spanish reparacin de bienes [MBP5]

goods for resale goods held for resale

bienes para reventa

goods for servicing [BPM5]

bienes para servicio [MBP5]

goods in bond [customs]

mercancas en almacn

goods in kind [SNA93]

bienes en especie [SCN93]

goods market product market

mercado de productos

goods on consignment [BPM5]

mercancas en consignacin [MBP5] bienes en consignacin

goods procured in ports by carriers [BPM5; BPM6]

bienes adquiridos en puerto por medios de transpone [MBP6] bienes adquiridos en puerto por medios de transporte [MBP5]

goods salvaged [BPM5]

pecios [MBP5]

goods used for other purposes than sales [SNA93]

bienes usados para propsitos diferentes de ventas [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page582

English goods [BPM5; BPM6; GFSM; SNA93]

Spanish bienes y servicios [MBP5] bienes [MBP5; MBP6; MEFP; SCN93] mercancas

goods, services and income account [BPM5]

balanza de bienes, servicios y renta [MBP5]

goods, services, and income [BPM5]

bienes, servicios y renta

goodwill

fondo de comercio [ESP] buen nombre derecho de llave [Am. Lat.] valor llave [ARG] plusvala adquirida plusvala mercantil renombre comercial

goodwill clause

clusula de buena voluntad [Gua de la deuda, 1993]

governance issues

cuestiones relativas a la gestin de gobierno problemas de gobernanza

governance of the Fund IMF governance [IMF]

rgimen de gobierno del FMI gobierno del FMI estructura de gobierno del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page583

English governance [GEF]

Spanish gestin de gobierno gobierno administracin gobernabilidad gobernanza

governance, accountability, and pluralism

buena administracin, gestin responsable y pluralismo buen gobierno, gestin responsable y pluralismo

Governing Council

Consejo de Administracin

government absorption

participacin del Estado en el conjunto de la economa

Government Accountability Office GAO

Oficina de Responsabilidad Gubernamental GAO

government agency government department

organismo pblico organismo estatal organismo gubernamental dependencia del Estado entidad pblica

government auditor

contralor auditor oficial

government bodies

organismos pblicos administraciones pblicas [SCN]

government bond

bono del gobierno bono pblico bono del Estado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page584

English government bond markets

Spanish mercados de bonos del Estado

government bond yield [IFS]

rendimiento de los bonos del estado

government borrowing

emprstito pblico emprstito del Estado deuda pblica

Government Conference Center [CND] GCC

Centro de Conferencias del Gobierno CCG

government consumption expenditure [SNA93]

gasto de consumo del gobierno [SCN93]

government consumption [IFS]

consumo pblico

government debt

deuda pblica

government debt outstanding at end of period [GFSY]

deuda pendiente del gobierno al fin del perodo

government deposits (net) [IFS]

depsitos del gobierno (neto)

government deposits [IFS]

depsitos del gobierno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page585

English government employees

Spanish empleado del gobierno empleado gubernamental funcionario pblico

government enclaves [BPM5]

enclaves del gobierno

government expenditure

gasto pblico

government final consumption expenditure [GFSM; SNA93]

consumo final del gobierno [SCN93] gasto de consumo final del gobierno [MEFP]

Government Finance Division [STA/GO]

Divisin de Finanzas Pblicas

Government Finance Statistics Manual 2001 GFSM 2001 GFSM

Manual de estadsticas de finanzas pblicas 2001 MEFP

Government Finance Statistics Yearbook [IMF] GFS Yearbook GFSY

Government Finance Statistics Yearbook anuario de estadsticas de finanzas pblicas [ttulo no oficial]

government finance statistics [GFS 1986; GFSM] GFS

estadsticas de finanzas pblicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page586

English Government Finance Statistics, A Manual on [IMF] GFS Manual

Spanish Manual de estadsticas de las finanzas pblicas [1986] Manual de EFP

government finance [IFS]

hacienda pblica finanzas pblicas

government fund

fondo pblico [SPA]

government imports [BPM5]

importaciones del gobierno

government ledgers

registros contables del gobierno

government lending funds [GMBS; IFS]

fondos del gobierno para concesin de prstamos fondo del gobierno para concesin de prstamos

Government National Mortgage Association Ginnie Mae

Government National Mortgage Association

government obligation government commitment

obligacin oficial obligacin estatal

government operations [GFS 1986]

operaciones del gobierno

government property

bienes del estado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page587

English government receipts government revenue

Spanish ingresos fiscales ingresos pblicos rentas pblicas

government sector government

gobierno [SCN93] sector gobierno

government security market

mercado de ttulos pblicos

government security government paper

valor emitido por el Estado valor pblico valor gubernamental

government services [BPM6]

servicios del gobierno [MBP6]

government services, N.I.E. [BPM5]

servicios del gobierno, N.I.O.P. [MBP5]

government spending ratio public spending ratio

coeficiente de gasto pblico razn gasto pblico/PIB

government trade [BPM5]

comercio del gobierno

government units

unidades gubernamentales unidades del gobierno

governmental industrial transaction [GFS 1986]

transaccin industrial del gobierno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page588

English government's cash position [GFSM]

Spanish saldo de efectivo del gobierno [MEFP]

government-sponsored enterprise [USA] GSE government-sponsored entity

empresa patrocinada por el Estado empresa con patrocinio gubernamental empresa semipblica entidad hipotecaria semipblica empresa semiestatal

Governor of the Fund for [country] [IMF]

Gobernador del FMI por [pas]

Governor [IMF; WB]

Gobernador

Governor, Alternate [IMF; WB]

Gobernador Suplente

Governor, Temporary Alternate [IMF]

Gobernador Suplente Interino

Governors appointed by members [BL]

gobernadores nombrados por pases miembros

grace period and maturity [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

perodo de gracia y plazo de vencimiento [Gua de la deuda, 1993]

grace period [FSIG]

perodo de gracia [GISF]

grade

categora

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page589

English grade drift grade creep

Spanish aceleracin de la escala de grados reclasificacin ascendente de los puestos de trabajo

gradient [mathematics]

gradiente

gradualism

gradualismo enfoque gradualista

graduate [debt restructuring] exit

poder prescindir del proceso de reprogramacin encontrar una solucin definitiva a la deuda

graduated payments [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] blended payments

pagos escalonados pagos mixtos

graduated tax

impuesto escalonado

graduation [World Bank] maturation [USA Treasury]

graduacin maduracin

grand total

total general

grandfathering

proteccin de los derechos adquiridos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page590

English grant

Spanish donacin subvencin subsidio transferencia

grant element of a loan grant element [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] gift element

nivel de concesionalidad [Gua de la deuda, 1993]

grant refinancing [of payments]

refinanciacin mediante donaciones

grant, as a

ttulo de donacin, a

grant-like flows [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

flujos tipo donacin [Gua de la deuda, 1993]

grants from foreign governments [GFSM]

donaciones de gobiernos extranjeros [MEFP]

grants from Fund subsidy accounts

donaciones procedentes de las cuentas de subvencin del FMI

grants in kind received (not included above) [GFSY]

donaciones en especie recibidas (no incluidas arriba)

grants received from Fund subsidy accounts

donaciones procedentes de las cuentas de subvencin del FMI

grants received [IFS]

donaciones recibidas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page591

English Graphics Artist [IMF-TGS]

Spanish Diseador Grfico

Graphics Artist, Senior [IMF-TGS]

Diseador Grfico Principal

Graphics Assistant [IMF-TGS]

Auxiliar de Artes Grficas

Graphics Coordinator [IMF-TGS]

Coordinador de Artes Grficas

Graphics Section [TGS/DG/GR]

Seccin de Trabajos Grficos

gravity model

modelo gravitacional

gray area measure [trade] grey area measure

medida de zona gris

GRAY Document [IMF document series; GRAY/...]

documento GRAY

gray market

mercado gris

Great Depression

Gran Depresin

Great Recession

Gran Recesin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page592

English Greater Arab Free Trade Area GAFTA

Spanish Gran Zona rabe de Libre Comercio GAFTA

green conditionality

condicionalidad verde condicionalidad de carcter ecolgico

green economy

economa verde

Green Paper

documento para discusin

green shoots

brotes verdes

greenfield investment green field investment

greenfields

greenfield [IBRD]

totalmente nuevo

greening

incorporacin de elementos ecolgicos

grexit

salida de Grecia de la zona del euro

grey book (external debt: definition, statistical coverage and methodology) [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

libro Gris (Deuda externa: Definicin, cobertura estadstica y metodologa) [Gua de la deuda, 1993]

Grievance Committee [IMF]

Comit de Apelacin Interna

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page593

English gross accumulation accumulation

Spanish acumulacin bruta [SCN93]

gross acquisition of financial assets [SNA93]

adquisicin bruta de activos financieros [SCN93]

gross asset position in derivatives [MPI]

posicin activa bruta en derivados financieros

gross asset position in financial derivatives to capital [FSIG]

posicin activa bruta en derivados financieros/capital [GISF]

gross capital formation [GFSY; SNA93]

formacin bruta de capital [SCN93]

gross casualty insurance premiums earned [SNA93]

primas brutas de seguro de riesgo obtenidas [SCN93]

gross claims [BPM5]

indemnizaciones totales [MBP5]

gross debt position [GFSM 2001]

saldo bruto de la deuda [MEFP]

gross disposable income [FSIG]

ingreso bruto disponible [GISF]

gross domestic expenditure

gasto interno bruto

gross domestic income at factor costs [SNA93]

ingreso nacional bruto al costo de los factores [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page594

English gross domestic product at purchasers' values or producers' [SNA93]

Spanish producto interno bruto, a precios de comprador o de productor [SCN93]

gross domestic product GDP

producto geogrfico bruto [Chile] PGB producto interno bruto [SCN93] PIB

gross explotation surplus [SNA93]

excedente bruto de explotacin [SCN93]

gross external debt payments [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

pagos brutos de la deuda externa [Gua de la deuda, 1993]

gross external debt position [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

saldo bruto de la deuda externa [Gua de la deuda, 1993]

gross fixed capital formation [GFSY; IFS; SNA93] GFCF

formacin bruta de capital fijo formacin bruta de capital fijo [SCN93] FBCF

gross fixed intangible capital formation [SNA93]

formacin bruta de capital fijo intangible [SCN93]

gross fixed tangible capital formation [SNA93]

formacin bruta de capital fijo tangible [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page595

English gross Fund position (of a member) [IMF]

Spanish posicin bruta (de un pas miembro) en el FMI

gross incurrence of liabilities [SNA93]

emisin bruta de pasivos incurrimiento bruto de pasivos pasivos brutos incurridos acto de contraer pasivos brutos [SCN93]

gross inflows [BPM5]

flujos de entrada sobre base bruta [MBP5]

gross input [SNA93]

insumo bruto [SCN93]

gross interest income [FSIG]

ingreso financieros bruto [GISF]

gross investment [GFSM]

inversin bruta [MEFP]

gross liability position in derivatives

posicin pasiva bruta en derivados financieros

gross liability position in financial derivatives to capital [FSIG]

posicin pasiva bruta en derivados financieros/capital [GISF]

gross market value

valor bruto de mercado

gross national disposable income [BPM5] GNDY GNDI

ingreso nacional disponible bruto [MBP5] INDB

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page596

English gross national expenditure [IFS] GNE

Spanish gasto nacional bruto GNB

gross national income GNI GNY

ingreso nacional bruto renta nacional bruta ingreso nacional, bruto

gross national product GNP

producto nacional bruto PNB

gross operating balance [GFSM] gross operating profit or loss

resultado operativo bruto [MEFP] resultado bruto de explotacin prdidas o beneficios brutos de explotacin

gross operating surplus

excedente bruto de explotacin

gross or net basis

base bruta o neta cifras brutas o netas, en

gross outflows [BPM5]

flujos de salida sobre base bruta [MBP5]

gross output

producto bruto produccin bruta

gross output of industries [SNA93]

produccin bruta de las industrias [SCN93]

gross output of producers of other goods and services [SNA93]

produccin bruta de los productores de otros bienes y servicios [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page597

English gross premiums [BPM5]

Spanish primas totales [MBP5]

gross recording [BPM5; BPM6]

registro bruto [MBP5; MBP6] registro en cifras brutas [MBP5; MBP6]

gross rent of owner-occupied dwellings [SNA93]

renta bruta de las viviendas ocupadas por sus propietarios [SCN93]

gross reserve position [IMF]

nivel de las reservas brutas situacin de las reservas brutas

gross saving [GFSM; SNA93]

ahorro bruto [MEFP; SCN93]

gross settlement system

sistema de liquidacin bruta

gross social product [centrally planned economies] GSP

producto social bruto PSB

gross up

calcular el valor bruto (a partir del valor neto)

gross value added at basic prices [SNA93]

valor agregado bruto a precios bsicos [SCN93]

gross value added at factor cost [SNA93]

valor agregado bruto al costo de los factores [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page598

English gross value added at market prices [SNA93]

Spanish valor agregado bruto a precios de mercado [SCN93]

gross wages and salaries [SNA93]

sueldos y salarios brutos [SCN93]

grossing up

clculo de un monto bruto (a partir de un monto neto)

ground terminal [telecom.] TGrd

borne de tierra [telecom.] BT borne de conexin a tierra [electricity]

group lending

prstamos colectivos prstamos de grupo prstamos a grupos prstamos a grupos solidarios

Group of 77 G-77

Grupo de los 77 G-77

Group of Fifteen Group of 15 G-15

Grupo de los Quince G-15

Group of Five Group of 5 G-5

Grupo de los Cinco Grupo de los 5 G-5

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page599

English Group of Latin American and Caribbean Sugar Exporting Countries

Spanish GEPLACEA Grupo de Pases Latinoamericanos y del Caribe Exportadores de Azcar

Group of Negotiations on Goods [GATT] GNG

Grupo de Negociaciones sobre Mercancas

Group of Negotiations on Services [GATT]

Grupo de Negociaciones sobre Servicios

Group of Seven Group of 7 G-7

Grupo de los Siete G-7

Group of Ten Group of 10 G-10

Grupo de los Diez G-10

Group of Three

Tratado de Libre Comercio del G-3 Tratado de Libre Comercio del Grupo de los Tres

Group of Twenty Group of 20 G-20 Group of Twenty Finance Ministers and Central Bank Governors G20 Developing Nations G20 G21 G22

Grupo de los Veinte G-20

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page600

English Group of Twenty-Four [developing countries] Group of 24 G-24

Spanish Grupo de los Veinticuatro G-24

Group on Environmental Measures and International Trade [GATT]

Grupo de las Medidas Ambientales y el Comercio Internacional.

Group on Quantitative Restrictions and Other Non-Tariff Measures [GATT]

Grupo de las Restricciones Quantitativas y Otras Medidas No Arancelarias

group travel [BPM5]

viajes en grupo

grouped data

datos agrupados

grouping correction

correccin de agrupamiento

grouping error

error de agrupamiento

grouping interval

intervalo de agrupamiento

growth accounting framework

mtodo de anlisis del crecimiento anlisis explicativo del crecimiento

growth exercise [IMF]

clculo sobre crecimiento

growth management

regulacin del crecimiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page601

English growth path

Spanish trayectoria de crecimiento

growth pole focal point of growth

polo de crecimiento

Growth Tracker IMF's Growth Tracker

diagrama de evolucin del crecimiento diagrama de evolucin del crecimiento elaborado por el FMI

growth-oriented adjustment

ajuste orientado al crecimiento

guarantee

garanta aval fianza

guaranteed loan backed loan

prstamo garantizado prstamo avalado

guarantor [SNA93]

garante [SCN93]

Guidance Note

Nota de Orientacin

Guide for Staff Relations with Civil Society Organizations

Gua para las Relaciones del Personal con las Organizaciones de la sociedad civil

Guide on Resource Revenue Transparency

Gua sobre la transparencia del ingreso proveniente de los recursos naturales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page602

English Guide to Money and Banking Statistics in International Financial Statistics, A [IMF] GMBS

Spanish Gua de las estadsticas de moneda y banca de Estadsticas financieras internacionales GEMB

Guide to money and banking statistics in International Financial Statistics, A [BPM5]

Gua de las estadsticas de moneda y banca de Estadsticas financieras internacionales. [MBP5]

Guide to National Accounts [BPM5]

Manual de contabilidad nacional [MBP5]

Guide to the General Data Dissemination System

Gua del Sistema General de Divulgacin de Datos

guideline

directriz pauta norma principio rector

guidelines for borrowing by the Fund [IMF]

directrices sobre emprstitos del FMI

guidelines for early repurchase [IMF]

directrices sobre recompra anticipada

Guidelines for Fiscal Risk Disclosure and Management [IMF]

Directrices para la divulgacin y gestin de riesgos fiscales

Guidelines for Foreign Exchange Reserve Management [IMF]

Directrices para la gestin de las reservas en moneda extranjera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page603

English Guidelines for Public Debt Management [IMF]

Spanish Directrices para la gestin de la deuda pblica

Guidelines for Public Expenditure Management

Directrices para la gestin del gasto pblico

guidelines for the management of floating exchange rates [IMF]

directrices para la gestin de los tipos de cambio flotantes

Guidelines on Conditionality (2002)

directrices sobre condicionalidad

Guidelines on Corrective Action [IMF] GCA Guidelines on Remedial Action

directrices sobre medidas correctivas

Guidelines on Misreporting [IMF] Misreporting Guidelines

directrices sobre declaracin de datos inexactos

guidelines on sovereign debt management

directrices sobre la gestin de la deuda soberana

guilder(s) [Netherlands] Netherlands

florn (florines) [neerlands] Pases Bajos

Gulf Crisis Financial Coordination Group GCFCG

Grupo de Coordinacin para el Financiamiento de la Crisis del Golfo GCFCG

Gulf Organization for Development in Egypt GODE

Organizacin del Golfo para el Desarrollo de Egipto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page604

English haircut [securities settlement systems]

Spanish aforo margen de seguridad

handling charge

cargo por tramitacin cargo de custodia [oro] gastos administrativos cargo por manipulacin [BOP]

handling [BPM5]

manipulacin [MBP5]

handover [Hong Kong]

traspaso

harbor dues and fees [BPM5]

arbitrios y derechos portuarios [MBP5]

harbor fee

derecho portuario

hard budget constraint HBC

limitacin presupuestaria estricta

hard copy

copia en papel, impresa

hard currency

divisas moneda fuerte moneda dura

hard ECU

ecu fuerte

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page605

English hard landing

Spanish aterrizaje brusco

hard loan

prstamo en condiciones de mercado prstamo en condiciones rigurosas

hard money [coin]

metlico moneda metlica

hard peg

paridad dura tipo de cambio rgido

hard put [options]

opcin dura

hard restructuring

reestructuracin forzosa

hard-blend country [IBRD]

pas que recibe financiamiento en condiciones predominantemente gravosas

hard-core waiver [GATT]

exencin persistente

hardening (of currency)

alza fortalecimiento

hardship allowance

subsidio por condiciones de vida rigurosas

hardship [IMF]

dificultades extraordinarias dificultades excepcionalmente gravosas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page606

English hard-to-tax HTT

Spanish difciles de gravar

hardware [BPM5; SNA93]

soporte tcnico (hardware) [MBP5] hardware [SCN93] soporte fsico de computador [SCN93] equipo (de computacin)

hardwiring

vinculacin forzosa

harmonic mean

media armnica

harmonic process

proceso armnico

harmonization reconciliation

armonizacin conciliacin

harmonized (tariff) system

sistema (arancelario) armonizado

Harmonized Commodity Description and Coding System [EC] HS

Sistema Armonizado de Designacin y Codificacin de Mercancas

harmonized index of consumer prices [EU] HICP

ndice Armonizado de Precios al Consumo IAPC ndice de Precios al Consumo Armonizado [Europa] IPCA

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page607

English Harmonized System of Customs Classification [WTO]

Spanish Sistema Armonizado de Clasificacin Aduanera

haulage [BPM5]

halaje [MBP5]

hawala hawala broker hawaladar

agente que interviene en una operacin hawala

hawala/hundi alternative remittance system hawala

sistema paralelo de transferencia de fondos hawala/hundi

hazardous waste toxic waste

desechos peligrosos desechos txicos

head count index of poverty poverty head count ratio head count ratio incidence of poverty poverty incidence

ndice de recuento de la pobreza

head of household [SNA93]

jefe de hogar [SCN93]

head office [BPM5; SNA93]

oficina central [SCN93] casa central [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page608

English head tax community charge [GBR] poll tax

Spanish impuesto de capitacin

heading [SNA93]

cabecera (de un cuadro) [Esp.] encabezamiento [SCN93] ttulo [SCN93] epgrafe

headline index [CPI]

ndice general

headline inflation overall inflation

nivel general de inflacin inflacin general

head-on approach

enfoque frontal

Headquarters Design Unit [TGS/DF/FD/HQ]

Unidad de Diseo del Edificio Principal

Headquarters Security Section [TGS/SE/HS]

Seccin de Seguridad en la Sede

Headquarters Training Section [INS/AV/HT]

Seccin de Capacitacin en la Sede

Headquarters Training Unit [INS/AV/TR/HE]

Unidad de Capacitacin en la Sede

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page609

English headquarters principal office of the Fund HQ

Spanish sede del FMI

headroom

margen de maniobra

heads of specialized agencies

jefes de (los) organismos especializados

headwinds

vientos en contra factores adversos

health

sanidad salud

health insurance [BPM5]

seguro de gastos mdicos [MBP5]

health N.E.C. [GFSM]

salud N.E.P [MEFP]

Health Room [IMF-IBRD]

Enfermera

health services [BPM5]

servicios de salud [MBP5]

heavily indebted country

pas muy endeudado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page610

English Heavily Indebted Poor Countries Debt Initiative [IMF] HIPC Initiative HIPC Debt Initiative [IMF]

Spanish Iniciativa HIPC Iniciativa para la Reduccin de la Deuda de los Pases Pobres muy Endeudados Iniciativa para los PPME Iniciativa PPME

heavily indebted poor country HIPC highly indebted poor country

pas pobre muy endeudado PPME HIPC

heavy crude (oil) [petroleum]

crudo pesado (petrleo)

hedge clause disclaimer

clusula de salvaguardia clusula de proteccin

hedge currency

moneda de cobertura

hedge fund absolute return fund

fondo de retorno absoluto fondo de inversin libre [ESP (legislacin espaola)] hedge fund fondo de cobertura fondo de inversin especulativo fondo especulativo de cobertura fondo de inversin de alto riesgo [ESP]

hedge ratio

coeficiente de cobertura

hedger

operador (de cobertura) persona que realiza operaciones de cobertura (de riesgos)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page611

English hedging instrument

Spanish instrumento de cobertura de riesgos instrumento de proteccin

hedging [forward market] hedge

cobertura de riesgos cobertura proteccin cambiaria

hedonic price index hedonic index

ndice de precios hednicos

held as a store of value

mantenido como reserva de valor

held-to-maturity Investment

inversin a vencimiento

help-desk [IBRD-Strategic Compact]

centro de asistencia

helsinki package [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

conjunto de medidas de Helsinki

herd behavior herd effect bandwagon bandwagon behavior bandwagon effect lemming-like behavior

comportamiento mimtico comportamiento de rebao comportamiento gregario comportamiento mimtico efecto de manada efecto de arrastre comportamiento gregario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page612

English Herfindahl-Hirschman Index HHI Herfindahl index [FSIG]

Spanish Indice Herfindahl-Hirschman IHH ndice de Herfindahl [GISF]

heteroscedastic error [econometrics]

error heteroscedstico

heteroscedasticity [econometrics] heteroskedasticity

heteroscedasticidad

hidden inflation disguised inflation

inflacin encubierta inflacin oculta inflacin latente

hidden subsidy concealed subsidy

subvencin encubierta subsidio encubierto

hidden unemployment disguised unemployment

desempleo encubierto [Am. Lat.] paro oculto [ESP] desempleo latente

high access contingent financing

financiamiento contingente de alto nivel de acceso

High Access Precautionary SBA HAPA High Access Precautionary Arrangement High Access Precautionary Stand-by Arrangement precautionary SBA

Acuerdos Stand-By Precautorios de Alto Acceso ASPAA acuerdo stand-by precautorio acuerdo precautorio de alto acceso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page613

English high frequency data [statistics]

Spanish datos de alta frecuencia

High Level Forum on Harmonization [Rome]

Foro de alto nivel sobre la armonizacin

High Level Forum HLF

foro de alto nivel

high positive correlation

gran correlacin positiva

high quality growth

crecimiento de alta calidad

high technology industry

industria de alta tecnologa industria de tecnologa avanzada

high yield bond

bono de alto rendimiento

higher income brackets

grupos de ingreso ms elevado

higher level of government

nivel de gobierno superior

higher-middle-income country HMIC upper-middle-income countries [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] UMICS

pas de ingreso mediano alto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page614

English high-frequency debt-monitoring systems [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish sistemas de alta frecuencia para el seguimiento de la deuda [Gua de la deuda, 1993]

high-frequency trading

negociacin de alta frecuencia

high-grade bond

bono de primer orden obligacin societaria de primer orden

high-income countries [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

pases de ingreso alto [Gua de la deuda, 1993]

high-inflation country

pas de alta inflacin pas con alta tasa de inflacin

High-Level Forum on Aid Effectiveness

Foro de alto nivel sobre la eficacia de la ayuda

High-Level Meeting on Integrated Initiatives for Least-Developed Countries' Trade Development [ITC, UNCTAD, UNDP, WB, WTO]

Reunin de Alto Nivel sobre Iniciativas Integradas para el Fomento del Comercio de los Pases Menos Adelantados

High-Level Panel on Threats, Challenges and Change

Panel de Alto Nivel sobre Amenazas, Desafos y Cambios

High-Level Task Force on the Global Food Security Crisis [UN]

Grupo de accin de alto nivel sobre la crisis mundial de la seguridad alimentaria

highly geared company leveraged company

empresa con un alto ndice de apalancamiento de capital empresa con una elevada deuda en relacin con el capital desembolsado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page615

English highly leveraged institution HLI

Spanish institucin fuertemente apalancada

highly leveraged investor HLI

inversionista con alto grado de apalancamiento

high-performing economy

economa de gran crecimiento

high-spread sovereigns

ttulos soberanos sujetos a altos diferenciales

highway rolling stock [BPM5]

material rodante de carretera [MBP5]

highway vehicles [BPM5]

vehculos de carretera [MBP5]

HIPC Initiative decision point document

documento sobre el punto de decisin en el marco de la iniciativa PPME

HIPC subaccount [IMF]

subcuenta de los PPME

HIPC Trust Fund [World Bank; Debt Guide 1993]

Fondo Fiduciario para los PPME [Gua de la deuda, 1993]

hire-purchase credit [FSIG]

financiamiento de compra a plazos [GISF] financiamiento de compra a plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page616

English hire-purchase [GBR] HP

Spanish venta a plazo locacin con opcin a compra

histogram outline

contorno

Historian [SEC/AI/HI]

Historiador

historical cost versus market value [BPM5]

costo histrico versus valor de mercado

historical cost original cost historic cost

costo histrico [MBP6] costo inicial costo original

historical development

evolucin histrica

historical series historical data [BPM5]

serie histrica serie retrospectiva datos histricos

historical trend

tendencia histrica

hoarding effect

efecto de atesoramiento, acaparamiento

hoarding [SNA93; goods]

acaparamiento de provisiones retencin de existencias acumulacin de reservas acaparamiento [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page617

English Hodrick-Prescott filter [econometrics] HP filter

Spanish filtro HP filtro Hodrick-Prescot

holder

tenedor titular poseedor

holder (of a bond) [FSIG]

tenedor de bonos [GISF] bonista

holder (of shares) [FSIG]

tenedor de acciones [GISF] accionista

holder of record

tenedor titular

holder of SDRs

tenedor de DEG

holding

posesin tenencia

holding company holding corporation [SNA]

sociedad de cartera [SCN93] holding sociedad holding empresa tenendora de acciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page618

English holding gains and losses

Spanish ganancias o prdidas por tenencia de activos ganancias y prdidas por tenencia ganancias o prdidas por tenencia

holding gains less losses on inventories [SNA93]

ganancias menos prdidas de capital por tenencia sobre las existencias [SCN93]

holdings below allocations [SDR]

tenencias de DEG inferiores a las asignaciones

holdings of assets and liabilities [GFSM]

tenencias de activos y pasivos [MEFP]

holdings rate [IMF]

tipo de cambio de las tenencias [P45] tipo de cambio de ajuste de las tenencias

hold-out creditor [SDRM; bankruptcy] holdout dissident creditor

acreedor disidente acreedor renuente a participar los que se quedaron fuera del canje [ARG]

home and export goods [IFS]

bienes nacionales y de exportacin

home and import goods [IFS]

bienes nacionales e importados

home banking

servicios bancarios a domicilio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page619

English home bias

Spanish sesgo nacional sesgo a favor de activos nacionales preferencia por valores nacionales preferencia por lo nacional

home country

pas de origen [Gua de la deuda, 1993]

home country supervisor home supervisor

supervisor de origen

home equity loan equity loan home equity credit equity credit line

prstamo con garanta hipotecaria prstamo respaldado por capital inmobiliario lnea de crdito garantizada por el capital inmobiliario

home equity withdrawal mortgage equity withdrawal

extraccin de liquidez sobre el patrimonio inmobiliario

home goods [IFS]

productos nacionales bienes nacionales

home leave allowance [IMF-HRD]

asignacin por licencia para visitar el pas de origen

home mortgage market

mercado hipotecario de la vivienda

home page [Internet]

pgina de introduccin pgina de presentacin pgina inicial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page620

English home production household production

Spanish produccin en el hogar produccin domstica produccin casera

homoscedastic error [econometrics]

error homoscedstico

homoscedasticity [econometrics]

homoscedasticidad

honest broker [figuratively, in negotiations]

intermediario imparcial mediador imparcial

Hong Kong Convention and Exhibition Centre HKCEC

Centro de Congresos y Exposiciones de Hong Kong

Hong Kong Monetary Authority HKMA

Autoridad Monetaria de Hong Kong

Hong Kong Sub-Office [IMF]

oficina auxiliar en Hong Kong

Hong Kong HKG

Hong Kong

honor a guarantee [SNA93]

dar cumplimiento a la garanta [SCN93]

horizontal axis(, on the) [mathematics]

abscisas(, en) eje de abscisas(, en el)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page621

English horizontal fund

Spanish fondo horizontal

horizontal integration

integracin horizontal

hospital services [GFSM]

servicios hospitalarios [MEFP]

Hospitality Desk

Centro de Bienvenida

Hospitality Program

Programa de Visitas

Hospitality Section [TGS/DG/HS]

Seccin de Hospitalidad

host country

pas receptor [inversiones; Gua de la deuda, 1993] pas sede pas anfitrin

host country supervisor host supervisor

supervisor anfitrin

host instrument [MFSM]

instrumento de origen [MEMF]

hostile takeover

opa hostil compra hostil

hot money flight money

capital especulativo [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page622

English hotchpot provision

Spanish clusula de integracin de activos a la masa comn

Hotel Accommodations Officer [IMF-SEC]

Oficial de Reservas de Hotel

Hotelling's test

test de Hotelling

hotels and restaurants [GFSM]

hoteles y restaurantes [MEFP]

household actual final consumption [SNA93]

consumo final efectivo de los hogares [SCN93]

household consumption expenditure

gasto en consumo del hogar gasto en consumo de los hogares gastos de consumo de los hogares

household consumption [CPI]

consumo de los hogares consumo del hogar

household debt service and principal payments to income [FSIG]

servicio de la deuda y pago de principal de los hogares/ingreso [GISF]

household debt to GDP [FSIG]

deuda de los hogares/PIB [GISF]

household expenditure survey HES

encuesta de gastos de los hogares

household final consumption expenditure [SNA93]

gasto de consumo final de los hogares [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page623

English household income

Spanish ingresos del hogar ingresos de los hogares

household income surveys [BPM5]

encuestas de ingresos de unidades familiares

household saving consumer saving

ahorro de los consumidores ahorro de los hogares ahorro de los particulares

household sector household [BPM5; BPM6; GFSM; SNA93]

hogares [MEFP; SCN93] unidades familiares hogar [MBP6; GMBS; SCN93] unidad familiar sector de unidades familiares [MBP5] sector de hogares [SCN93] particulares

household surveys

encuestas de hogares

households and nonprofit institutions serving households [GFSM]

hogares e instituciones sin fines de lucro que sirven a los hogares [MEFP]

households as a statistical unit [SNA93]

hogares como unidad estadstica [SCN93]

households as consumer [SNA93]

hogares como consumidores [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page624

English households disposable income [SNA93]

Spanish ingreso disponible de los hogares [SCN93]

households excluding non-profit institutions serving households [SNA93]

hogares, excluidas las instituciones sin fines de lucro que sirven a los hogares [SCN93]

households final consumption expenditure [SNA93]

gasto de consumo final de los hogares [SCN93]

households, including private non-financial unincorporated [SNA93]

hogares, incluidas las empresas privadas no financieras y no constituidas en sociedad [SCN93]

housing allowances [GFSM]

ayudas por vivienda [MEFP]

housing and community amenities

vivienda y servicios comunitarios [MEFP]

housing and community amenities N.E.C.

vivienda y servicios comunitarios n.e.p.

housing and community development [GFSY]

vivienda y desarrollo comunitario

housing correction

correccin del mercado de viviendas correccin del mercado inmobiliario

housing cycle

ciclo del mercado inmobiliario ciclo del mercado de la vivienda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page625

English housing development [GFSM]

Spanish desarrollo habitacional [MEFP]

housing starts [USA]

licencias de construccin aprobadas

housing [GFSM; GFSY]

vivienda [MEFP]

Houston terms [Paris Club; Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

condiciones de Houston [Gua de la deuda, 1993]

HQ2 Conference Hall Fund Headquarters 2 Conference Hall

Sala de Conferencias del edificio HQ2

HQ2 Team Unit [TGS/DF/HQ]

Unidad encargada de la Sede 2 del FMI

hub [IBRD, location of work]

centro regional

Hui-Hebel Ratio HHR

coeficiente de Hui-Hebel

human capital [SNA 1993]

capital humano

human development index rank [UN] HDI rank

clasificacin en el ndice de desarrollo humano clasificacin en el IDH

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page626

English Human Development Index [UN] HDI

Spanish ndice de desarrollo humano IDH

Human Development Network [IBRD] HDN

Red sobre desarrollo humano

Human Development Report [UN]

Informe sobre Desarrollo Humano

human immunodeficiency virus HIV

virus de inmunodeficiencia humana VIH

Human Resources Assistant [IMF-HRD]

Auxiliar de Recursos Humanos

Human Resources Assistant, Senior [IMF-HRD]

Auxiliar Principal de Recursos Humanos

Human Resources Center [HRD/SC/CT] HR Center

Centro de Recursos Humanos

Human Resources Department [IMF] HRD

Departamento de Recursos Humanos

Human Resources Information Systems Section [HRD/SC/IS]

Seccin de Sistemas de Informacin de Recursos Humanos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page627

English Human Resources Officer [IMF-HRD] HR Officer

Spanish Oficial de Recursos Humanos

Human Resources Officer, Senior [IMF-HRD] HR Officer, Senior

Oficial Principal de Recursos Humanos

Human Resources Services Division [HRD/SC] HR Services

Divisin de Servicios de Recursos Humanos

human settlements [SNA93]

asentamientos humanos [SCN93]

hybrid instrument hybrid security

instrumento hbrido

hydraulic fracturing technology fracking

tecnologa de fracturacin hidrulica fracking

hydrofluorocarbons HFCs

hidrofluorocarbonos HFC

hyperinflation

hiperinflacin

hyperlink hypertext link link

hiperenlace

hyperlinked page [SDDS]

pgina hiperenlazada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page628

English hyperplane

Spanish hiperplano

hyperstagflation [SNA93]

hiperestanflacin [SCN93]

hypothesis testing significance testing

contrastacin de hiptesis [ESP] verificacin de hiptesis contraste de hiptesis [ESP]

hysteresis effect hysteresis

efecto de histresis histresis

IASB International Accounting Standards Board [FSIG]

Consejo Internacional de Normas Contables Consejo de Normas Internacionales de Contabilidad [GISF]

ICFAR [BPM6]

PCRAE [MBP6]

IDA buy-down mechanism [IBRD]

mecanismo en virtud del cual los crditos de la AIF se transforman en donaciones

IDA Replenishment(, First, Second, ...) IDA-1, IDA-2

reposicin de los recursos de la AIF, primera, segunda, ...

IDA-only country [IBRD]

pas que solo puede recibir financiamiento de la AIF

identifiability

identificabilidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page629

English identification and specification of a model

Spanish identificacin y especificacin de un modelo

idle balances

saldos inactivos

idle money barren money

dinero inactivo dinero ocioso dinero improductivo

idle resources

recursos ociosos recursos inactivos recursos no utilizados

IDP internally displaced persons persons displaced within their own countries

personas internamente desplazadas PID

ILB: assets [IFS]

BLI: activo

ILB: liabilities [IFS]

BLI: pasivo

illegal [data processing; IT] invalid

invlido

illiquid

ilquido

illiquidity

iliquidez falta de liquidez

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page630

English illiquidity risk risk of illiquidity

Spanish riesgo de iliquidez riesgo de insuficiencia de liquidez

illustrative quota [IMF]

cuota ilustrativa

imbalance [BPM5; SNA93]

desequilibrio [MBP5; SCN93]

IMF Balance of Payments Database [IMF]

Base de datos de balanza de pagos [FMI]

IMF Center [IMF-EXR]

Centro del FMI

IMF Civic Program Advisory Committee CPAC

Comit Asesor del Programa Cvico del FMI

IMF Committee on Balance of Payments Statistics [IMF] BOPCOM

Comit del FMI sobre Estadsticas de Balanza de Pagos Comit de BP [MBP6]

IMF corporate governance corporate governance of the Fund

gobierno corporativo del FMI [Perspectivas] gestin de gobierno gestin institucional del FMI gobierno del FMI estructura de gobierno del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page631

English IMF Electronic Bulletin Board [IMF] IMF Bulletin Board [IMF] bulletin board

Spanish cartelera electrnica del FMI

IMF exchange rate policy advice

asesoramiento del FMI sobre polticas cambiarias

IMF Expert Group on Monetary and Financial Statistics

Grupo de Expertos del FMI en Estadsticas Monetarias y Financieras

IMF governance reform

reforma de la estructura de gobierno del FMI

IMF Informal Group on the Measurement of Financial Derivatives

grupo informal del FMI sobre la medicin de los instrumentos financieros derivados

IMF Institute [IMF] INS Institute

Instituto del FMI

IMF Media Briefing Center [IMF] Online Media Briefing Center

Centro de Informacin de Prensa Centro de Infomacin en Lnea para la Prensa

IMF Memorandum

Memorndum del FMI

IMF Middle East Center for Economics and Finance CEF

Centro de Estudios Econmicos y Financieros para el Oriente Medio CEF

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page632

English IMF No. 1 Account [IMF]

Spanish Cuenta No. 1 del FMI

IMF No. 2 Account [IMF]

Cuenta No. 2 del FMI

IMF Paper on Policy Analysis and Assessment [IMF document series; PPAA/...] PPAA

documento del FMI sobre anlisis y evaluacin de polticas econmicas

IMF Research Bulletin

Boletn de investigaciones econmicas del FMI

IMF staff assessment

informe de evaluacin por el FMI evaluacin por el FMI evaluacin por el personal del FMI

IMF Staff Country Report [IMF] IMF Country Report

Informe del personal tcnico del FMI sobre los pases Informe del FMI sobre los pases

IMF Staff Titles

Cargos y Funciones del FMI

IMF Survey

Boletn del FMI

IMF Terminology Working Group [IMF-TGS] TWG

Grupo de Trabajo de Terminologa del FMI

IMF Visitors' Center

Centro de Informacin del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page633

English IMF Working Paper [IMF document series; WP/...] WP Working Paper

Spanish documento de la serie IMF Working Papers documento de trabajo del FMI

IMF.Stat warehouse

banco de datos IMF.Stat

IMF-AMF Regional Training Program [IMF-INS] RTP

Programa Regional de Capacitacin del FMI y el FMA

IMF-related operation

operacin relacionada con el FMI

IMF-Singapore Regional Training Institute [IMF-INS] STI

Instituto Regional de Capacitacin del FMI en Singapur

IMF-supported or other monetary program [IMF monetary policy framework classification system, 2006]

programa monetario respaldado por el FMI u otro programa monetario

immediacy [FSIG]

inmediatez [GISF]

immediate drawing [IMF]

giro inmediato

Immediate Office of Administrative Services

Oficina del Director de Servicios Administrativos

Immediate Office of Information Technology Services

Oficina del Director de Servicios de Tecnologa de la Informacin

Immediate Office of Language Services

Oficina del Director de Servicios Lingsticos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page634

English Immediate Office [IMF] .../AI

Spanish Oficina del Director

immigrant application records [BPM5]

registros de solicitudes de inmigracin

immovable asset(s)

activos fijos activos inmuebles bien(es) inmueble(s) bienes races

immovable property [GFSM]

propiedad inmueble [MEFP]

immovable tangibles [BPM5]

immuebles tangibles [MBP5]

immunity from judicial process [IMF]

inmunidad judicial

immunity from taxation [IMF]

inmunidad tributaria

immunity of archives [IMF]

inviolabilidad de los archivos

immunity of assets [IMF]

indisponibilidad de los activos inmunidad de los activos

impaired asset

activo deteriorado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page635

English impaired credit [FSIG]

Spanish activo deteriorado [GISF]

impaired loan

activo prstamo deteriorado prstamo menoscabado

impaired [bank supervision]

riesgoso sujeto a riesgo

impairment nullification [GATT]

deterioro

imperfect substitute differentiated product

sustituto imperfecto

Implementation Committee [GEF] IC

Comit de Ejecucin

implementation completion report [IBRD]

informe final de ejecucin

implementation status [of a program]

estado de ejecucin (de un programa) ejecucin (de un programa)

implementation [Paris Club]

instrumentacin aplicacin

implementing agency

organismo de ejecucin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page636

English implicit capital taxes resulting from multiple exchange rates [SNA93]

Spanish impuestos implcitos sobre el capital resultante de los ipos de cambio mltiples [SCN93]

implicit capital transfers between monetary authorities in relation with multiple exchange rates [SNA93]

transferencias de capital implcitas entre autoridades monetarias en relacin con los tipos de cambio mltiples [SCN93]

implicit contingent liabilities [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

pasivos contingentes implcitos [Gua de la deuda, 1993]

implicit cost imputed cost

costo implcito costo virtual precio de cuenta

implicit current transfers between monetary authorities in relation with multiple exchange rates [SNA93]

transferencias corrientes implcitas entre autoridades monetarias en relacin con los tipos de cambio mltiples [SCN93]

implicit deflactor [SNA93]

deflactor implcito [SCN93]

implicit other capital transfers resulting from multiple exchange rates [SNA93]

otras transferencias de capital implcitas resultantes de os tipos de cambio mltiples [SCN93]

implicit other current taxes resulting from multiple exchange rates [SNA93]

otros impuestos corrientes implcitos resultantes de los tipos de cambio mltiples [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page637

English implicit other current transfers resulting from multiple exchange rates [SNA93]

Spanish otras transferencias corrientes implcitas resultantes de los tipos de cambio mltiples [SCN93]

implicit price deflator GDP deflator [GFSY]

deflactor implcito de los precios deflactor del PIB deflactor del pib

implicit price [BPM5]

precio implcito [MBP5]

implicit service charge for financial intermediation [SNA93]

cargo implcito por servicio de intermediacin financiera [SCN93]

implicit subsidies on exports resulting from multiple exchange rates [SNA93]

subsidios implcitos a las exportaciones resultantes de los tipos de cambio mltiples [SCN93]

implicit subsidies on imports resulting from multiple exchange rates [SNA93]

subsidios implcitos a las importaciones resultantes de los tipos de cambio mltiples [SCN93]

implicit subsidies on primary incomes resulting from multiple exchange rates [SNA93]

subsidios implcitos a los ingresos primarios resultantes de los tipos de cambio mltiples [SCN93]

implicit subsidies resulting from multiple exchange rates [SNA93]

subsidios implcitos resultantes de los tipos de cambio mltiples [SCN93]

implicit taxes on exports resulting from multiple exchange rates

impuestos implcitos a las exportaciones resultantes de los tipos de cambio mltiples

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page638

English implicit taxes on imports resulting from multiple exchange rates

Spanish impuestos implcitos sobre las importaciones resultantes de los tipos de cambio mltiples

implicit taxes on primary incomes resulting from multiple exchange rates [SNA93]

impuestos implcitos sobre los ingresos primarios resultantes de los tipos de cambio mltiples [SCN93]

implicit taxes resulting from multiple exchange rates [SNA93]

impuestos implcitos resultantes de los tipos de cambio mltiples [SCN93]

implicit [SNA93]

implcito [SCN93]

import absorption

absorcin de las importaciones

import bill

costo total de las importaciones

import capacity of exports import coverage cover rate

poder de importacin de las exportaciones proporcin de las importaciones cubierta por las exportaciones tasa de cobertura (de importaciones con exportaciones)

import capacity importing power

capacidad de importacin

import content (of domestic products)

contenido de importaciones (en los productos nacionales) proporcin de insumos importados (en los productos nacionales)

import duties [GFSM; GFSY; SNA93]

derechos de importacin [MEFP] derechos de importacin [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page639

English import duty import tariff tariff entry duty entry tax

Spanish derecho de importacin derecho de aduana impuesto a las importaciones [GFS 1986]

import of implicit service charge for financial intermediation [SNA93]

importaciones de cargos implcitos por servicios de intermediacin financiera [SCN93]

import of insurance service charge [SNA93]

importaciones de cargos por servicios de seguro [SCN93]

import penetration ratio IPR

coeficiente de penetracin de las importaciones (en una economa) CPI

import price

precio de importacin

import subsidies [SNA93]

subsidios a las importaciones [SCN93]

import substitute

sustituto de las importaciones

import substitution

sustitucin de importaciones

import surcharge import surtax

recargo a la importacin

import-consumption ratio ICR

relacin importaciones/consumo razn importacin/consumo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page640

English imported inflation

Spanish inflacin importada inflacin de origen externo

imported unemployment

desempleo importado desempleo de origen externo

import-intensive

con gran intensidad de importaciones con un fuerte componente de importaciones

imports of goods and services [SNA93]

importaciones de bienes y servicios [SCN93]

imports of goods for processing [SNA93]

importaciones de bienes para procesamiento [SCN93]

imports of goods [SNA93]

importaciones de bienes [SCN93]

imports of repair to capital goods [SNA93]

importaciones de reparaciones de bienes de capital [SCN93]

imports of services [SNA93]

importaciones de servicios [SCN93]

imports of ships [BPM5]

importaciones de embarcaciones

imports, CIF [IFS]

importaciones, C.I.F.

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page641

English imports, FOB [IFS]

Spanish importaciones, F.O.B.

imports, FOB: derived from dots [IFS]

importaciones, F.O.B., derivadas de dots

imports: commercial, CIF [IFS]

importaciones comerciales, C.I.F.

impossible trinity

triloga imposible trinidad imposible

impound appropriations sequester appropriations

bloquear partidas presupuestarias

improved goodwill clause [Paris Club]

clusula mejorada de buena voluntad

improvements in land [SNA93]

mejoramiento de terrenos [SCN93]

impulse response function IRF

funcin impulso-respuesta

imputation [SNA 1993]

imputacin

impute, to

imputar

imputed bank service charge [SNA93]

cargos por servicios bancarios imputados [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page642

English imputed contributions [GFSM]

Spanish contribuciones imputadas [MEFP]

imputed expenditure

gastos imputados

imputed financial intermediary service charge [BPM5]

cargo imputado por servicio de intermediacin financiera [MBP5]

imputed income to households from their net equity in life insurance reserves and in pension funds [BPM5]

renta imputada a las unidades familiares procedente de su participacin neta de capital en las reservas de los seguros de vida y en las cajas de pensiones [MBP5]

imputed income [BOP]

renta imputada

imputed output [SNA93]

produccin imputada [SCN93]

imputed price [CPI]

precio imputado

imputed property income to insurance policy holders [BPM5]

renta imputada de la propiedad a asegurados [MBP5]

imputed sales of goods and services [GFSM]

ventas imputadas de bienes y servicios [MEFP]

imputed social contributions

contribuciones sociales imputadas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page643

English imputed transactions [BPM5; GFSM]

Spanish transacciones imputadas [MEFP]

imputed value

valor implcito valor imputado

in arrears

en atraso [MEFP]

in bulk [BPM5]

en grueso [MBP5]

in cash [GFSM]

en efectivo [MEFP]

in charge [IMF]

a cargo

in kind

en especie

In the Name of God, the Compassionate, the Merciful Bism elahi-rahmani rahim

En el nombre de Dios, el Clemente, el Misericordioso

in volume terms [BPM5]

en funcin del volumen [MBP5]

in-and-out trading

compra y venta especulativa de un valor

in-bond industry

industria maquiladora industria en zona franca maquiladora

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page644

English incentive

Spanish incentivo estmulo

incidental costs or charges

costos o gastos conexos [MBP5]

incidental costs incidentals

gastos diversos gastos imprevistos

incidental parameter

parmetro incidente

incidental sales by nonmarket establishments [GFSM 2001]

ventas incidentales de establecimientos no de mercado [MEFP]

incidental unemployment

desempleo circunstancial desempleo coyuntural

incidental [SNA93]

incidental [SCN93] accidental [SCN93]

inclusive growth

crecimiento inclusivo

income account [accounting] revenue and expense account

cuenta de prdidas y ganancias cuenta de resultados cuenta de ingresos y gastos

income accruing [BPM5]

ingresos obtenidos [MBP5] renta percibida [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page645

English income and outlay account [GFS 1986; SNA93]

Spanish cuenta de ingresos y gastos [SCN93] cuenta de ingresos y desembolsos

income bond

bono de participacin

income bracket

categora de ingreso tramo de renta

income compensation index [CPI]

ndice de compensacin de ingresos

income effect

efecto ingreso efecto renta

income elasticity

elasticidad-renta elasticidad con respecto al ingreso elasticidad-ingreso

income elasticity of demand YED

elasticidad-ingreso de la demanda elasticidad de la demanda con respecto al ingreso

income gearing

costo del apalancamiento pagos de intereses como proporcin del ingreso

income inequality

desigualdad de ingresos

income items [BPM5]

partidas de renta [MBP5]

income multiplier

multiplicador del ingreso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page646

English income on debt (interest) [BPM5]

Spanish renta procedente de la deuda (intereses) [MBP5]

income on equity [BPM5]

renta procedente de acciones y otras participaciones de capital [MBP5]

income on insurance technical reserves attributed to policyholders [BPM6]

ingreso por reservas tcnicas de seguros atribuidas a tenedores de plizas [MBP6]

income on investment in land [BPM5]

renta de la inversin de tierras

income payable [BPM5]

renta por pagar [MBP5]

income policy incomes policy

poltica de ingresos

income poverty

pobreza monetaria pobreza por ingresos

income receivable [BPM5]

renta por recibir [MBP5]

income spread

banda de ingresos

income target [IMF] target income

meta de ingresos ingreso fijado como meta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page647

English income tax

Spanish impuesto sobre la renta impuesto a la renta impuesto a las ganancias [ARG]

income tax allowance [IMF-HRD]

subsidio por concepto de impuesto a la renta

income terms of trade

efectos de la relacin de intercambio sobre el ingreso (nacional)

income value

valor locativo valor en renta

income velocity of money

velocidad-ingreso del dinero velocidad-renta del dinero

income with stocks [BPM5]

renta y tenencias

income [economics]

renta ingreso

income: credit [IFS]

renta: crdito

income: debit [IFS]

renta: dbito

Income-Generating Project for Refugee Areas [UN] IGPRA

Proyecto de generacin de ingresos para las zonas de refugiados [UN]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page648

English income-spending lag

Spanish desfase ingreso-gasto

income-split tax system split system

sistema de divisin de la renta de la unidad familiar a efectos tributarios

income-tested assistance

asistencia condicionada al nivel de ingresos del beneficiario

incomings

entradas ingresos

inconvertible currencies (net) [IFS]

divisas no convertibles (neto)

incorporated enterprise

empresa constituida en sociedad

incorporated [SNA93]

constituida en sociedad [SCN93]

increase in quotas [IMF]

aumento de cuotas aumento de las cuotas

increase in stocks

aumento de existencias aumento de las existencias

increase in total assets (within period) [IFS]

aumento total de activos (durante el perodo)

increasing marginal return

rendimiento marginal creciente

incremental approach [economic analysis]

mtodo de anlisis diferencial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page649

English incremental capital-output ratio ICOR

Spanish relacin marginal capital-producto

incremental devaluation gradual devaluation

devaluacin gradual

incremental labor-output ratio

relacin marginal trabajo-producto

incur a liability

incurrir un pasivo contraer un pasivo

incurred expenses [BPM5]

gastos en los que se ha incurrido [MBP5]

incurrence of liabilities

acto de contraer obligaciones acto de contraer pasivos incurrimiento de pasivos pasivos incurridos emisin de pasivos contraer obligaciones asumir pasivos

indebted developing country

pas en desarrollo endeudado

indebtedness

deuda endeudamiento [SCN93] monto de la deuda

Independent AML/CFT expert IAE

experto independiente en cuestiones ALD/LFT

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page650

English Independent Commission on International Development Issues Brandt Commission

Spanish Comisin Independiente para Cuestiones de Desarrollo Internacional Comisin Brandt

Independent Evaluation Group [World Bank] IEG

Grupo de Evaluacin Independiente GEI

Independent Evaluation Office [IMF] IEO EVO

Oficina de Evaluacin Independiente OEI

independent floating [IMF exchange rate classification system, 2006] independent float arrangement

flotacin independiente rgimen de flotacin independiente

independent variable [mathematics; statistics] predictor variable predictor

variable independiente variable predictiva

indeterministic process nondeterministic process

proceso indeterminable

index

ndice

index arbitrage

arbitraje de ndices

index construction [CPI]

construccin de nmeros ndices elaboracin del ndice construccin de ndices

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page651

English index formula [CPI]

Spanish frmula del ndice frmula de clculo del ndice

index fund

fondo ndice fondo de inversin basado en un ndice

index number theory [CPI]

teora de los nmeros ndices

index of exchange rate [IFS]

indice del tipo de cambio

index of the power

exponente de la base

index reference period [CPI]

perodo de referencia del ndice

indexation index-linking

indexacin indizacin [ESP] correccin monetaria ajuste monetario

indexed bonds [BPM5]

bonos indexados [MBP5]

indexed currency option note ICON heaven and hell bond

ttulo indexado de opciones sobre divisas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page652

English indexed index-linked index-tied

Spanish vinculado a un ndice indexado indizado [ESP] reajustable en funcin de un ndice

indexing clerk

encargado de indexacin

index-linked securities index-linked instruments [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

valores indexados instrumentos indexados

Indian Ocean Division

Divisin del Ocano Indico

indicative price indicative producer price reference price guiding price

precio indicativo precio gua

indifference curve

curva de indiferencia

indirect investment

inversion indirecta

indirect regression

regresin indirecta

indirect taxation indirect tax

impuesto indirecto

indirectly-held direct investment relationships [BPM6]

relaciones de inversin directa poseidas indirectamente [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page653

English individual consumption expenditure [SNA93]

Spanish gasto de consumo individual [SCN93]

individual retirement account [USA] IRA

cuenta personal de ahorro jubilatorio

industrial classification

clasificacin de las industrias clasificacin de los ramos de actividad econmica

industrial country

pas industrial

Industrial Development Board [UNIDO]

Junta de Desarrollo Industrial

Industrial Development Center for Arab States IDCAS

Centro de Desarrollo Industrial para los Estados Arabes IDCAS

Industrial Development Decade for Africa [UNIDO] IDDA

Decenio del Desarrollo Industrial para frica IDDA

Industrial Development Fund IDF

Fondo para el Desarrollo Industrial FDI

industrial employment [IFS]

empleo industrial

industrial estate [GBR] industrial park [USA]

complejo industrial polgono industrial parque industrial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page654

English industrial gold

Spanish oro industrial

industrial goods [IFS]

bienes industriales

industrial production [IFS]

produccin industrial

industrial production, seasonally adjusted [IFS]

produccin industrial, desestacionalizada

industrial share prices [IFS]

cotizacin de las acciones industriales

industries of government [SNA93]

industrias del gobierno [SCN93]

industry

industria sector actividad ramo de actividad

inefficiency

ineficiencia

inelasticity

inelasticidad

ineligibility provisions [IMF]

disposiciones sobre inhabilitacin

ineligibility to use the Fund's resources, automatic [IMF]

inhabilitacin automtica para usar los recursos del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page655

English ineligibility [AA, use of Fund resources]

Spanish inhabilitacin

inertial inflation

inflacin inercial

infant industry

industria incipiente industria naciente

InFFO Coordination Officer [IMF]

Coordinador de InFFO

infinity

infinito

inflation

inflacin

inflation accounting

contabilidad ajustada por inflacin contabilidad de la inflacin contabilidad ajustada en funcin de la inflacin

inflation component [SNA93]

componente inflacionario [SCN93]

inflation differential differential in inflation rates

diferencial de inflacin diferencial de las tasas de inflacin

inflation gap inflationary gap

diferencial inflacionario brecha de inflacin brecha inflacionaria

inflation inertia

inercia de inflacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page656

English inflation rate

Spanish tasa de inflacin

inflation stickiness

rigidez de la inflacin rigidez de la inflacin a la baja

inflation targeters

pases que aplican metas de inflacin

inflation targeting framework [IMF monetary policy framework classification system, 2006] inflation targeting IT direct inflation targeting inflation targeting strategy inflation targeting regime

rgimen de metas de inflacin sistema de metas de inflacin marco basado en la adopcin de objetivos de inflacin estrategia de objetivos explcitos de inflacin esquema de objetivos directos de inflacin fijacin de metas de inflacin

inflation tax Laffer curve ITLC

curva de Laffer sobre impuesto inflacionario

inflation tax seigniorage

impuesto inflacionario inflacin como impuesto

Inflation Tracker IMF's Inflation Tracker

diagrama de evolucin de la inflacin diagrama de evolucin de la inflacin elaborado por el FMI

inflationary expectations

expectativas inflacionarias expectativas inflacionistas

inflationary finance

financiamiento inflacionario financiamiento por la va de la inflacin

inflationary pressure

presin inflacionaria tensin inflacionaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page657

English inflationary spiral wage-price spiral

Spanish espiral inflacionaria espiral salarios-precios espiral de precios y salarios

inflection point [mathematics]

punto de inflexin

inflow of capital capital inflow

entrada de capital afluencia de capital

influenza virus

virus de la gripe

Informal Board Seminar

seminario informal del Directorio

informal drafting session [IC]

sesin informal de redaccin (del comunicado)

informal meeting [IMF Executive Board]

reunin oficiosa reunin informal

informal recess of the Board [IMF, Executive Board] recess

receso extraoficial del Directorio, oficioso del Directorio

informal savings

ahorro informal

informal sector

sector informal

Information and Facilities Management Section [INS/AV/IF]

Seccin de Informacin y Administracin de Instalaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page658

English information and liaison [IMF]

Spanish informacin y enlace

Information Assistant [IMF-EXR]

Auxiliar de Informacin

Information Center for Computer Systems [IMF-TGS] ICCS

Centro de Informacin sobre Sistemas de Informtica

information cost

costo de la informacin

Information Development and Library Research Services Section

Seccin de Preparacin de Informacin y Servicios de Investigacin Bibliotecolgica

information disclosure

divulgacin de informacin

Information Division

Divisin de Informacin

information economy

economa de la informacin

information highway information superhighway infobahn [Europe]

infova autopista informtica autopista de la informacin

information leak

filtracin de informacin fuga de informacin

Information Management Assistant [IMF]

Auxiliar de Gestin de la Informacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page659

English Information Management Officer [IMF]

Spanish Oficial de Clasificacin de la Informacin

Information Management Section [INS/AV/IF]

Seccin de Gestin de la Informacin

information notice system [IMF, exchange arrangements] INS system of information notices

sistema de notificaciones

information notice [IMF]

aviso de informacin

Information Officer [IMF-EXR]

Oficial de Informacin

Information Officer, Senior [IMF-EXR]

Oficial Principal de Informacin

Information Organization Section [TGS/II/IO]

Seccin de Organizacin de la Informacin

Information Procurement Section

Seccin de Adquisicin de Informacin

information provision services [BPM6]

servicios de suministro de informacin [MBP6]

Information Resources Management Unit

Unidad de Gestin de la Informacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page660

English information retrieval [data processing] IR

Spanish recuperacin de informacin, de datos

information security

proteccin de la informacin

Information Security Section [TGS/SE/IS]

Seccin de Seguridad de la Informacin

Information Services Division [TGS/DI]

Divisin de Servicios de Informacin

Information Services Section

Seccin de Servicios de Informacin

Information Solutions Network [IBRD] ISN

Red sobre soluciones informticas

information storage and retrieval system

sistema de archivo y recuperacin de informacin, de datos

Information Technology Agreement [WTO]

Acuerdo sobre Technologa de la Informacin [WTO]

Information Technology and Systems Unit [TGS/II/IT]

Unidad de Tecnologa y Sistemas de Informacin

Information Technology Assistant, Senior [IMF-TGS]

Auxiliar Principal de Tecnologa de la Informacin

Information Technology Officer [IMF-TGS]

Oficial de Tecnologa de la Informacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page661

English Information Technology Officer, Senior [IMF-TGS]

Spanish Oficial Principal de Tecnologa de la Informacin

Information Technology Policy Committee [IMF]

Comit de Polticas de Tecnologa de la Informacin

Information Technology Section [TGS/DI/IT]

Seccin de Tecnologa de la Informacin

Information Technology Services [TGS/I] IT Services

Servicios de Tecnologa de la Informacin

information technology IT

tecnologa de la informacin informtica

Infoshop [World Bank]

Infoshop

infrastructure assets [GFSM]

activos de infraestructura [MEFP]

Infrastructure Development Division

Divisin de Desarrollo de la Infraestructura

Infrastructure Division [TGS/IR]

Divisin de Infraestructura

ingot [gold]

lingote [lingote de oro]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page662

English Inheritance and Gift Tax

Spanish impuesto a la transmisin gratuida de bienes impuesto sobre herencias y donaciones

inheritance tax death tax

impuesto a la herencia impuesto sobre sucesiones impuesto sucesorio impuesto de herencia

in-house consultant [IMF]

consultor interno

initial contractual value [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

valor contractual inicial [Gua de la deuda, 1993]

initial cost

precio de compra costo inicial

initial margin margin

margen inicial depsito inicial de garanta garanta inicial depsito de garanta

initial public offering IPO

oferta pblica inicial

initiative clause [Paris Club]

clusula de iniciativa

injunctive relief injunction

medida cautelar medida de no innovar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page663

English inland freight [BPM5]

Spanish portes interiores [MBP5]

inland waterway [BPM5]

fluvial y lacustre

input prices: all industry [IFS]

costo de los insumos: todas las industrias

input tax [VAT]

impuesto a los insumos

input [SNA93]

insumo [SCN93]

input-output table IOT input-output matrix

matriz de insumo-producto tabla de insumo-producto TIP

input-output [SNA93]

insumo-producto [SCN93]

inreach efforts

actividades de divulgacin interna

in-service training

perfeccionamiento laboral capacitacin interna capacitacin en el servicio

inside information

informacin privilegiada

inside money

dinero interno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page664

English insider

Spanish persona que tiene acceso a informacin privilegiada especulador que aprovecha informacin interna

insider dealing insider trading

operaciones basadas en informacin privilegiada transacciones basadas en informacin privilegiada especulacin aprovechando informacin interna

insider loan

prstamo vinculado autoprstamo prstamo interno prstamo a personas o entidades vinculadas con el prestamista

insolvency

insolvencia

insolvency practitioner

administrador de la quiebra administrador del concurso

insolvency risk risk of insolvency

riesgo de insolvencia

insolvency system insolvency regime

sistema de insolvencia rgimen de insolvencia

instability [SNA93]

inestabilidad [SCN93]

installation allowance [IMF-HRD]

subsidio de instalacin

installed capacity plant capacity

capacidad instalada capacidad productiva capacidad instalada de produccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page665

English installment loan installment credit

Spanish crdito al consumidor crdito para compras a plazos prstamo reembolsable a plazos prstamo en cuotas crdito de consumo

installment payment installment

cuota pago parcial plazo

Institute for Capacity Development [IMF] ICD

Instituto de Capacitacin ICD

Institute for Financial Stability

Instituto para la Estabilidad Financiera

Institute for International Economics IIE

Instituto de Economa Internacional

Institute for Latin American Integration [IDB] INTAL

Instituto para la Integracin de Amrica Latina INTAL

Institute Library [IMF-INS]

Biblioteca del Instituto

Institute of Internal Auditors IIA

Instituto de Auditores Internos

Institute of International Finance IIF

Instituto de Finanzas Internacionales IIF

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page666

English institutional culture

Spanish cultura institucional idiosincracia institucional

Institutional Development Fund [IBRD] IDF

Fondo para el Desarrollo Institucional FDI

institutional engineering

ingeniera institucional

Institutional Events Division [<a href=mcTermLink|092E06D7-3188-4FEB-8F64B6EADE57F9C2|D0F958B4-ED39-4EEF-B1C5AF0D1F9CD804| class=FieldValue>IMF-SEC</a>]

Divisin de Eventos Institucionales

institutional framework

marco institucional estructura institucional

institutional investor

inversionista institucional

institutional memory

memoria institucional(, personas portadoras de la)

Institutional Repository of Fund Documents [IMF]

Archivo Institucional de los Documentos del FMI

institutional savings

ahorro institucional

institutional sector [SNA93]

sector institucional [Gua de la deuda, 1993]

institutional sectoring [SNA93]

sectorizacin institucional [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page667

English Institutional Table

Spanish cuadro institucional

institutional unit institutional resident

unidad institucional [MEFP]

institutionalization [financial sector]

institucionalizacin

institutionally managed portfolio funds [IBRD]

fondos de cartera administrados institucionalmente

Institutions Integrity Division [MFD/IN]

Divisin de Integridad de las Instituciones

Instrument to Establish the Post-Conflict Emergency Assistance Subsidy Account for PRGF-eligible Members

Instrumento de creacin de la Cuenta de Subvencin para Asistencia de Emergencia a Pases Miembros en Situacin de Posconflicto que pueden acogerse al SCLP

instrumental variables, method of

mtodo de las variables instrumentales

instrumentality of the State

organismo del Estado dependencia del Estado

insurable risk

riesgos asegurables

insurance and pension auxiliaries [FSIG]

auxiliares de seguros y pensiones [GISF]

Insurance and Pensions Section [ADM/SB/..]

Seccin de Seguros y Pensiones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page668

English insurance claim claim [BPM5; BPM6; GFSM; MFSM]

Spanish indemnizacin [MBP5] indemnizacin de seguros [MEFP]

Insurance Code of the Inter-African Conference on Insurance Markets [WAEMU] CIMA Code

Cdigo de Seguros de la Conferencia Interafricana de Mercados de Seguros Cdigo de la CIMA

insurance company insurance corporation insurance enterprise

sociedad de seguros empresa de seguros compaa de seguros compaa de empresas de seguro compaa de aseguradoras

Insurance Core Principles ICP

Principios Bsicos de Seguros PBS

insurance corporations and pension funds [SNA93] insurance companies and pension funds [SNA93]

sociedades de seguros y cajas de pensiones [SCN93] compaias de seguro y cajas de pensin [SCN93]

insurance on imports [BPM5]

seguros de importacin

insurance policy holder policy holder

asegurado

insurance reserves

reserva de seguros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page669

English insurance service

Spanish servicio de seguros

insurance service charge [BPM5]

cargo por servicio de seguro [MBP5]

insurance services on imports rendered by non-residents [SNA93]

servicios de seguros sobre importaciones prestadas por no residentes [SCN93]

insurance services on imports rendered by residents [SNA93]

servicios de seguros sobre importaciones prestadas por residentes [SCN93]

insurance technical reserves

reservas tcnicas de seguros

insurance [BPM5; BPM6; SNA93]

seguro

Insurance, Pensions and Family Services Section [HRD/SB/IF]

Seccin de Seguros, Pensiones y Servicios para Cuestiones de Familia

Insurance, Retirement, and Family Services Section [HRD/SB/IF]

Seccin de Seguros, Pensiones y Servicios para Cuestiones de Familia

insured export credit guaranteed export credit

crdito a la exportacin asegurado crdito a la exportacin garantizado

insurer

aseguradora

intangible

factor intangible intangible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page670

English intangible assets [BPM5; BPM6; GFS 1986; GFSM; SNA93]

Spanish activos intangibles [MBP5; MBP6; MEFP; SCN93] activos inmateriales

intangible fixed assets

activos fijos intangibles

intangible fixed produced assets [SNA93]

activos fijos intangibles producidos [SCN93]

intangible nonproduced assets

activos intangibles no producidos

intangible real resources [BPM5]

recursos reales intangibles [MBP5]

integrated balance sheets and accumulation accounts [SNA93]

hojas integradas de balance y cuentas de acumulacin [SCN93]

Integrated Correspondence System [IMF] ICS

Sistema Integrado de Correspondencia SIC

integrated economic accounts

cuentas econmicas integradas

Integrated Financial Management System [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] IFMS

sistema integrado de gestin financiera SIGF

Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries Integrated Framework IF

Marco integrado para la asistencia tcnica relacionada con el comercio en favor de los pases menos adelantados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page671

English Integrated Framework Steering Committee IFSC

Spanish Comit Directivo del Marco Integrado CDMI

Integrated Framework Working Group IFWG

Grupo de Trabajo del Marco Integrado GTMI

integrated monetary survey IMS

panorama monetario integrado

Integrated Programme for Commodities [UNCTAD]

Programa Integrado para los Productos Bsicos

Integrity Hotline

Lnea Directa en Defensa de la Integridad

integrity [DQAF]

integridad

intellectual property

propriedad intelectual

intellectual property rights

derechos de propiedad intelectual

intensified collaboration [IMF overdue financial obligations] intensified collaborative element intensified collaborative approach enhanced collaborative approach

colaboracin intensificada intensificacin de la colaboracin enfoque de colaboracin intensificada enfoque de colaboracin reforzada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page672

English intensified cooperative approach [IMF] intensified cooperative strategy enhanced cooperative approach enhanced cooperative strategy strengthened cooperative strategy strengthened cooperative strategy on overdue financial obligations strengthened cooperative strategy on arrears arrears strategy

Spanish estrategia de cooperacin intensificada enfoque de cooperacin reforzada estrategia de cooperacin reforzada estrategia de cooperacin reforzada frente a los atrasos en los pagos

intensified surveillance [IMF]

supervisin reforzada intensificacin de la supervisin

Inter-African Coffee Organization IACO

Organizacin Interafricana del Caf OIAC

Inter-African Conference on Insurance Markets CIMA

Conferencia Interafricana de Mercados de Seguros CIMA

Inter-African Conference on Social Security CIPRES

Conferencia Interafricana de Seguridad Social

Inter-African Development Association

Asociacin Interafricana de Desarrollo

Inter-Agency Group on Economic and Financial Statistics

Grupo Interinstitucional sobre Estadsticas Econmicas y Financieras

Inter-Agency Task Force on Environment Statistics

Equipo de Tareas interinstitucional de estadsticas ambientales

Inter-Agency Task Force on International Trade Statistics [UN]

Grupo de Tareas interinstitucional sobre estadsticas del comercio internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page673

English Interagency Task Force on Statistics of International Trade in Services [UN] IATFSITS

Spanish Equipo de tareas sobre estadsticas del comercio internacional de servicios

Inter-American Association of Public Budgeting

Asociacin Interamericana de Presupuesto Pblico

Inter-American Center for Labor Administration [OAS] CIAT

Centro Interamericano de Administracin del Trabajo CIAT

Inter-American Center for Tax Administrators CIAT

Centro Interamericano de Administradores Tributarios

Inter-American Center for Training in Public Administration

CICAP Centro Interamericano de Capacitacin en Administracin Pblica

Inter-American Center of Tax Administrations CIAT

Centro Interamericano de Administraciones Tributarias CIAT

Inter-American Commission on Human Rights [OAS]

Comisin Interamericana de Derechos Humanos [OEA]

Inter-American Committee on the Alliance for Progress [OAS] CIAP

Comit Interamericano de la Alianza para el Progreso [OEA] CIAP

Inter-American Convention Against Corruption

Convencin Interamericana contra la Corrupcin [OEA]

Inter-American Convention against Terrorism

Convencin Interamericana contra el Terrorismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page674

English Inter-American Council for Education, Science, and Culture [OAS] CIECC

Spanish Consejo Interamericano para la Educacin, la Ciencia y la Cultura [OEA] CIECC

Inter-American Council of Commerce and Production IACCP

Consejo Interamericano de Comercio y Produccin CICYP

Inter-American Development Bank IDB IADB

Banco Interamericano de Desarrollo BID

Inter-American Dialogue [USA]

Dilogo Interamericano [OEA]

Inter-American Economic and Social Council [UN] CIES IA-ECOSOC

Consejo Interamericano Econmico y Social CIES

Inter-American Export Promotion Center CIPE

Centro Interamericano de Promocin de Exportaciones CIPE

Inter-American Institute for Cooperation on Agriculture IICA

Instituto Interamericano de Cooperacin para la Agricultura IICA

Inter-American Investment Corporation [IDB] IIC

Corporacin Interamericana de Inversiones CII

Inter-American Savings and Loan Bank BIAPE

Banco Interamericano de Ahorro y Prstamo [WB] BIAPE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page675

English Inter-American Statistical Institute IASI

Spanish Instituto Interamericano de Estadstica IASI

Inter-Arab Investment Guarantee Corporation IAIGC Arab Investment Guarantee Corporation

Compaa Interrabe de Garantas en materia de Inversiones

interbank clearing [SNA93]

compensacin interbancaria [SCN93]

interbank deposit rate [IFS]

tasa de los depsitos interbancarios

interbank market

mercado interbancario

interbank money rate [IFS]

tasa interbancaria del dinero tasa de inters interbancaria del dinero

interbank offered rate IBOR interbank rate

tasa interbancaria de oferta IBOR tasa de inters interbancaria

interbank positions [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

posiciones interbancarias

interbank [SNA93]

interbancario [SCN93]

intercept [mathematics]

ordenada en el origen

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page676

English intercompany debt transactions [BPM5]

Spanish transacciones originadas por deudas entre empresas afiliadas [MBP5]

intercompany lending liability [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

pasivo por prstamos entre empresas [Gua de la deuda, 1993]

intercompany lending [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

crdito entre empresas [Gua de la deuda, 1993]

intercompany transactions [BPM5]

transacciones entre empresas afiliadas [MBP5]

intercountry comparability [BPM5]

comparacin entre pases [MBP5]

inter-dealer broker IDB dealer-to-dealer broker

mediador de mercados

Inter-Departmental IMF Working Group on streamlining structural conditionality in IMF supported programs Inter-Departmental Working Group on streamlining structural conditionality in Fund-supported programs

Grupo de trabajo interdepartamental sobre la racionalizacin de la condicionalidad estructural de los programas respaldados por el FMI

Interdepartmental Low-Income Committee

Comit Interdepartamental sobre los Pases de Bajo Ingreso

Interdepartmental Task force on Food and Fuel Prices

Grupo de Trabajo Interdepartamental sobre los Precios de los Alimentos y los Combustibles

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page677

English Interdepartmental Working Group on Fund Policy Advice [IMF]

Spanish Grupo de Trabajo Interdepartamental sobre el Asesoramiento del FMI en materia de Poltica Econmica

interdependent model interdependent system

modelo interdependiente

interenterprise arrears

atrasos en los pagos entre empresas atrasos entre empresas

interest

inters

interest accrual [BPM5]

intereses devengados

interest arbitrage

arbitraje de tasas de inters

interest costs that have accrued and are not yet payable [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

intereses devengados an no exigibles [Gua de la deuda, 1993]

interest differential interest rate differential

diferencial de tasas de inters diferencia entre las tasas de inters

interest due but not paid [BPM5]

inters devengado pero no pagado [MBP5]

interest elasticity

elasticidad con respecto a la tasa de inters elasticidad-inters

interest in suspense [FSIG]

intereses suspensivos [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page678

English interest margin to gross income [FSIG]

Spanish margen financiero/ingreso bruto [GISF]

interest mismatch

descalce de las tasas de inters

interest on holdings of special drawing rights [BL]

intereses de las tenencias de derechos especiales de giro

interest on securities issued at a discount or premium [BPM5]

intereses sobre valores emitidos con descuento o prima

interest payable

intereses por pagar

interest payment

pago de intereses pago por concepto de intereses

interest rate

tasa de inters [Am.Lat.] tipo de inters [ESP]

interest rate anchor

uso de la tasa de inters como ancla

interest rate cap cap option cap

tasa de inters mxima tope de la tasa de inters

interest rate capping agreements interest rate guarantees IRG

limitacin de las tasas de inters

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page679

English interest rate channel of monetary policy interest rate channel

Spanish tasa de inters como canal de transmisin transmisin de la poltica monetaria a travs de la tasa de inters

interest rate contingency mechanism

mecanismo para contingencias relacionadas con las tasas de inters

interest rate equalization tax interest equalization tax

impuesto de equiparacin de intereses impuesto de igualacin de intereses

interest rate future

contrato de tasas de inters a plazo futuro sobre tasas de inters contrato de tasas de inters a trmino

interest rate parity condition

condicin de paridad de tasas de inters

interest rate parity interest parity

paridad de tasas de inters paridad de intereses

interest rate pegging strategy interest rate pegging

estrategia basada en el control de la tasa de inters

interest rate smoothing

suavizacin de las tasas de inters escalonar las modificaciones de las tasas de inters

interest rate swap

swap de tasas de inters canje de tasas de inters

interest recapture clause

clusula de recuperacin de los intereses

interest receivable [GMBS]

intereses por cobrar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page680

English interest rescheduling interest retiming

Spanish reprogramacin de los pagos de inters modificacin del calendario de pago de intereses

interest sensitivity interest rate sensitivity

sensibilidad a la tasa de inters

interest spread

diferencial de tasas de inters margen entre las tasas de inters

interest subsidy

subvencin de la tasa de inters

interest to residents other than general government [GFSM]

intereses a residentes distintos del gobierno general [MEFP]

interest waiver

exencin de intereses

interest warrant interest coupon

exigencia de pago de intereses vencidos

interest-bearing

con inters que devenga inters remunerado

interest-free loan

prstamo sin inters prstamo que no devenga inters prstamo no remunerado

interest-rate linked instruments [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

instrumentos indexados a una tasa de inters [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page681

English interest-reduction bond par bond

Spanish bono a tasa de inters reducida

interest-sensitive activity

actividad sensible a las variaciones de la tasa de inters

Inter-Governmental Authority on Drought and Development IGADD

Autoridad Intergubernamental de Asuntos Relacionados con la Sequa y el Desarrollo

Intergovernmental Committee for the Integrated Programme for Commodities [UNCTAD]

Comit Intergubernamental Especial del Programa Integrado para los Productos Bsicos

Intergovernmental Conference [EU] IGC

conferencia intergubernamental

Intergovernmental Council of Copper Exporting Countries CIPEC

Consejo Intergubernamental de Pases Exportadores de Cobre CIPEC

intergovernmental fiscal relations

relaciones fiscales intergubernamentales

Intergovernmental Follow-Up and Coordination Committee [Group of 77] IFCC

Comit Intergubernamental de Seguimiento y Coordinacin

intergovernmental grants or transfers

donaciones o transferencias intergubernamentales [GFS 1986] subvenciones o transferencias intergubernamentales

Intergovernmental Group of Experts on the External Indebtedness of Developing Countries [UNCTAD]

Grupo Intergubernamental de Expertos en la Deuda Exterior de los Pases en Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page682

English Intergovernmental Group of Experts to Study a Financing System for Science and Technology for Development [UN]

Spanish Grupo Intergubernamental de Expertos encargado de estudiar el sistema de financiacin para la ciencia y la tecnologa para el desarrollo

Intergovernmental Group of the Whole on the United Nations Financing System for Science and Technology for Development [UN]

Pleno del Grupo Intergubernamental sobre el Sistema de las Naciones Unidas de Financiacin de la Ciencia y la Tecnologa para el Desarrollo

Intergovernmental Group of Twenty-Four on International Monetary Affairs Group of Twenty-Four G-24

Grupo Intergubernamental de los Veinticuatro para Asuntos Monetarios Internacionales Grupo de los Veinticuatro G-24

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development Group of Twenty-Four G-24

Grupo Intergubernamental de los Veinticuatro para Asuntos Monetarios Internacionales y Desarrollo Grupo de los Veinticuatro G-24

Intergovernmental Group on Grains [FAO]

Grupo Intergubernamental sobre Cereales

Intergovernmental Group on Meat [FAO]

Grupo Intergubernamental sobre la Carne

Intergovernmental Group on Rice [FAO]

Grupo Intergubernamental sobre el Arroz

Intergovernmental Group on Supplementary Financing [UNCTAD]

Grupo Intergubernamental para la Financiacin Complementaria

Intergovernmental Group on the Least Developed Countries [UNCTAD]

Grupo Intergubernamental sobre los Pases Menos Adelantados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page683

English Intergovernmental Maritime Consultative Organization IMCO

Spanish Organizacin Consultiva Martima Intergubernamental OCMI

Intergovernmental Panel on Climate Change IPCC

Grupo Intergubernamental de Expertos sobre el Cambio Climtico

intergovernmental transaction [GFS 1986] intragovernmental transaction [GFS 1986]

transaccin intergubernamental transaccin intragubernamental

intergovernmental transfer mechanism

mecanismo de transferencias intergubernamentales

interim arrangement

acuerdo provisional

interim assistance [IMF; PRGF]

asistencia transitoria asistencia durante el perodo intermedio

Interim Committee of the Board of Governors on the International Monetary System [IMF] Interim Committee IC

Comit Provisional de la Junta de Gobernadores sobre el Sistema Monetario Internacional Comit Provisional

interim disbursement

desembolso provisional

interim ESAF

SRAE transitorio

interim period [HIPC]

perodo intermedio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page684

English interim Poverty Reduction Strategy Paper [PRGF] interim PRSP I-PRSP

Spanish DELP provisional Documento Provisional de Estrategia de Lucha contra la Pobreza

interim PRGF [IMF]

SCLP transitorio

interim simplified consultation [IMF] interim consultation

consulta intermedia simplificada consulta intermedia

interim staff visits to countries

visitas del personal tcnico del FMI en el intervalo entre las consultas anuales

interlinkage

interdependencia vinculacin interaccin

intermediary service fees [BOP]

derechos pagados por servicios de intermediacin

intermediary [SNA93]

intermediario [SCN93]

intermediate consumption

consumo intermedio

intermediate consumption of industries [SNA93]

consumo intermedio de las industrias [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page685

English intermediate consumption of producers of government services [SNA93]

Spanish consumo intermedio de los productores de servicios gubernamentales [SCN93]

intermediate input [SNA93]

insumo intermedio [SCN93]

intermediate product [SNA93]

producto intermedio [SCN93]

intermediate technology

tecnologa intermedia

intermediate uses [SNA93]

utilizaciones intermedias [SCN93]

intermediation

intermediacin

Intern [IMF]

pasante

internal audit

auditora interna

internal audit unit [enterprises]

auditora interna

internal auditor

auditor interno

Internal Auditor [IMF]

Auditor Interno

internal balance

equilibrio interno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page686

English internal devaluation

Spanish devaluacin interna

internal governance

gobierno interno estructura de gobierno interno

internal market [EU]

mercado interior [TUE, Art. 109C]

internal rate of return IRR

tasa interna de rentabilidad TIR tasa interna de retorno TIR

internal ratings based approach IRB

mtodo basado en calificaciones internas mtodo IRB

Internal Revenue Code [USA] IRC internal revenue title

Ley de Impuesto sobre la Renta

Internal Revenue Service [USA] IRS

Administracin de Rentas Internas

Internal Training Section [INS/AI/IT]

Seccin de Capacitacin Interna

internal waterway transportation [BPM5]

transporte por vas navegables internas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page687

English internalization of external economies [environment, energy, natural resources; UNEP]

Spanish internalizacin de las externalidades

internalize externalities

internalizar las externalidades

International Accounting Standards 1999

Normas Internacionales de Contabilidad 1999

International Accounting Standards Committee Foundation IASCF

Fundacin del Comit de Normas Internacionales de Contabilidad FCNIC

International Accounting Standards Committee IASC

Comisin de Normas Internacionales de Contabilidad [ttulo no oficial] IASC

International Accounting Standards [FSIG] IAS

Normas Internacionales de Contabilidad NIC Norma Internacional de Contabilidad [GISF]

international accounts [BPM5; BPM6]

cuentas internacionales [MBP6]

International Advisory and Monitoring Board [UN, DFI; IRQ]

Junta Internacional de Asesoramiento y Supervisin

International Agricultural Commodity Agency

Organismo Internacional de Productos Agrcolas Bsicos

International Air Transport Association IATA

Asociacin del Transporte Areo Internacional

International and Regional Organizations and Related Terms

Organismos internacionales y trminos afines

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page688

English international assets [SNA93]

Spanish activos internacionales [SCN93]

International Association for Research in Income and Wealth IARIW

Asociacin Internacional de Investigaciones sobre Rentas y Riqueza

International Association for Social Progress IASP

Asociacin Internacional para el Progreso Social

International Association of Conference Interpreters

Asociacin Internacional de Intrpretes de Conferencias

International Association of Insurance Supervisors IAIS

Asociacin Internacional de Supervisores de Seguros

International Association of Penal Law IAPL

Asociacin Internacional de Derecho Penal AIDP

International Atomic Energy Agency IAEA

Organismo Internacional de Energa Atmica OIEA

International Bank for Economic Co-Operation IBEC

Banco Internacional de Cooperacin Econmica BICE

International Bank for Reconstruction and Development [World Bank Group] IBRD

Banco Internacional de Reconstruccin y Fomento BIRF

International Banking and External Debt Division

Divisin de Banca Internacional y Deuda Externa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page689

English International Banking Facility [USA] IBF

Spanish agencia bancaria internacional abi

international banking statistics [IMF-STA; BPM5; FSIG] IBS

estadsticas bancarias internacionales EBI

international bond

bono internacional

International Bureau of Education [UNESCO] IBE

Oficina Internacional de Educacin OIE

International Bureau of Fiscal Documentation IBFD

Oficina Internacional de Documentacin Fiscal

international business company

sociedad de negocio internacional

International Capital Markets Department [IMF] ICM

Departamento de Mercados Internacionales de Capital

International Capital Markets Division

Divisin de Mercados Internacionales de Capital

international capital markets ICM

mercados internacionales de capital

International Center for Agricultural Research in the Dry Areas ICARDA

Centro Internacional de Investigacin Agrcola para las Zonas Secas ICARDA

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page690

English International Center for Tropical Agriculture CIAT

Spanish Centro Internacional de Agricultura Tropical CIAT

International Centre for Advanced Technical and Vocational Training ICAT

Centro Internacional de Perfeccionamiento Profesional y Tcnico

International Centre for Public Enterprises ICPE

Centro Internacional de Empresas Pblicas CIEP

International Centre for Settlement of Investment Disputes [World Bank Group] ICSID

Centro Internacional de Arreglo de Diferencias Relativas a Inversiones CIADI

International Centre for Training and Education in Environmental Sciences

Centro Internacional para el Entrenamiento y Educacin en Ciencias del Medio Ambiente

International Chamber of Commerce ICC

Cmara de Comercio Internacional CCI

International Civil Aviation Organization ICAO

Organizacin de Aviacin Civil Internacional OACI

International Civil Service Commission [UN] ICSC

Comisin de Administracin Pblica Internacional

International Cocoa Agreement [ICCO]

Convenio Internacional del Cacao

International Cocoa Council [ICCO]

Consejo Internacional del Cacao

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page691

English International Cocoa Organization ICCO

Spanish Organizacin Internacional del Cacao

International Coffee Agreement [ICO]

Convenio Internacional del Caf

International Coffee Council [ICO]

Consejo Internacional del Caf

International Coffee Organization ICO

Organizacin Internacional del Caf OIC

International Commission of Jurists ICJ

Comisin Internacional de Juristas CIJ

International Committee for the Reconstruction of Cambodia [UN] ICORC

Comit Internacional de Reconstruccin de Camboya

International Committee of the Red Cross ICRC

Comit Internacional de la Cruz Roja CICR

international comparability [BPM5]

comparabilidad internacional [MBP5]

International Compilers Working Group on External Debt Statistics [IMF, IBRD, OECD, BIS;Berne Union]

Grupo de Trabajo Internacional de Compiladores de Estadsticas sobre la Deuda Externa

International Confederation of Free Trade Unions ICFTU

Confederacin Internacional de Organizaciones Sindicales Libres CIOSL

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page692

English International Conference of Banking Supervisors ICBS

Spanish Conferencia Internacional de Supervisores Bancarios

International Conference on Economic Assistance to the Palestinian People

Conferencia Internacional sobre Asistencia Econmica al Pueblo Palestino

International Conference on Financing for Development [UN] ICFD FfD Monterrey Conference FfD Conference

Conferencia Internacional sobre la Financiacin para el Desarrollo

International Conference on National Poverty Reduction Strategies International Conference on Poverty Reduction Strategies

Conferencia Internacional sobre Estrategias de Lucha contra la Pobreza

International Convention against the Taking of Hostages

Convencin Internacional contra la toma de rehenes

International Convention for the Suppression of Terrorist Bombings

Convenio Internacional para la represin de los atentados terroristas cometidos con bombas

International Convention for the Suppression of the Financing of Terrorism

Convenio Internacional para la represin de la financiacin del terrorismo

International Convention on the Protection of the Rights of all Migrant Workers and Members of their Families

Convencin internacional sobre la proteccin de los derechos de todos los trabajadores migratorios y de sus familias

International Convention on the Simplification and Harmonization of Customs Procedures Kyoto Convention

Convenio internacional para la simplificacin y armonizacin de los procedimientos aduaneros Convenio de Kioto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page693

English International Convention to Combat Desertification in those Countries Experiencing Serious Drought and/or Desertification, particularly in Africa

Spanish Convencin Internacional de la Lucha contra la Desertificacin en los Pases Afectados por la Sequa Grave o Desertificacin, en particular en Africa

International Convergence of Capital Measurement and Capital Standards: A Revised Framework

Convergencia internacional de medidas y normas del capital: marco revisado

International Convergence of Capital Measurement and Capital Standards: A Revised Framework [FSIG]

Convergencia internacional de medidas y normas del capital: marco revisado [GISF]

international cooperation

cooperacin internacional

International Co-operative Alliance [UN] ICA

Alianza Cooperativa Internacional ACI

International Cotton Advisory Committee ICAC

Comit Consultivo Internacional del Algodn CCIA

International Council on Archives ICA

Consejo Internacional de Archivos

International Court of Justice ICJ

Corte Internacional de Justicia CIJ

International Covenant on Civil and Political Rights

Pacto Internacional de Derechos Civiles y Polticos

International Covenant on Economic, Social and Cultural Rights

Pacto Internacional de Derechos Econmicos, Sociales y Culturales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page694

English International Criminal Police Organization ICPO INTERPOL

Spanish Organizacin Internacional de Polica Criminal OIPC INTERPOL

International Crops Research Institute for the Semi-Arid Tropics ICRISAT

Instituto Internacional de Investigaciones de Cultivos para las Zonas Trpicales Semiridas ICRISAT

International Day for the Eradication of Poverty [UN]

Da Internacional para la Erradicacin de la Pobreza

international debt adjustment facility [IMF]

servicio de ajuste de la deuda internacional

international deposit insurance

seguro internacional de depsitos

International Development Association [World Bank Group] IDA

Asociacin Internacional de Fomento AIF la Asociacin Internacional de Fomento

International Development Goals [OECD] IDGs 2015 targets [Copenhagen Summit]

objetivos de desarrollo internacionales objetivos para el ao 2015

International Development Research Centre [Canada] IDRC

Centro de Investigaciones para el Desarrollo Internacional IDRC

International Economic Association IEA

Asociacin Internacional de Economa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page695

English International Energy Agency IEA

Spanish Agencia Internacional de Energa AIE

International Facilities Unit [TGS/DF/FD/IF]

Unidad de Instalaciones en el Exterior

International Families of the Fund Office [HRD/SB/IN] InFFO InFFO Section

Oficina de Familias Internacionales del FMI

International Federation of Accountants IFAC

Federacin Internacional de Contadores IFAC

International Federation of Agricultural Producers IFAP

Federacin Internacional de Productores Agrcolas

International Finance Corporation [World Bank Group] IFC

Corporacin Financiera Internacional CFI

International Finance Facility for Immunization IFFm

Mecanismo Internacional para la Financiacin de la Inmunizacin

International Finance Facility IFF

Facilidad Financiera Internacional

international financial architecture

arquitectura financiera internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page696

English International Financial Institution Advisory Commission [USA] Meltzer Commission IFIAC

Spanish Comisin Meltzer

international financial institution IFI

institucin financiera internacional

International Financial Reporting Interpretations Committee IFRC

Comit de Interpretaciones de las Normas Internacionales de Informacin Financiera CINIIF

International Financial Reporting Standards [FSIG] IFRS

Normas Internacionales de Informacin Financiera [GISF] NIIF

International Financial Statistics Yearbook [IMF] IFS Yearbook

International Financial Statistics Yearbook anuario de estadsticas financieras internacionales [ttulo no oficial]

International Financial Statistics [IMF] IFS International Financial Statistics

International Financial Statistics Estadsticas financieras internacionales [ttulo no oficial]

International Financial Unit IFU

Unidad Financiera Internacional

International Fiscal Association [UN] IFA

Asociacin Fiscal Internacional AFI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page697

English International Fund for Agricultural Development [WFC] IFAD

Spanish Fondo Internacional de Desarrollo Agrcola FIDA

International Grains Arrangement [IWC]

Acuerdo Internacional sobre los Cereales

International Grains Council

Consejo Internacional del Trigo

International Group for Agricultural Development in Latin America [IBRD] IGAD/LA

Grupo Internacional para el Desarrollo Agrcola en Amrica Latina GIDA/AL

International Information System for the Agricultural Sciences and Technology [FAO] AGRIS

Sistema Internacional de Informacin sobre Ciencias y Tecnologa Agrcolas AGRIS

International Institute for Cotton IIC

Instituto Internacional del Algodn IIA

International Institute for Sustainable Development IISD

Instituto Internacional para el Desarrollo Sustentable IIDS

International Institute of Tropical Agriculture IITA

Instituto Internacional de Agricultura Tropical IITA

international interbank market [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

mercado interbancario internacional [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page698

English International Investment Bank IIB

Spanish Banco Internacional de Inversiones BII

international investment net position [BOP] IIP net external asset position

posicin neta de inversin internacional posicin neta de activos externos

international investment position [BPM5; Debt Guide, 1993; Balance of Payments Compilation Guide 1995; External Debt Statistics: Guide for Compilers and Users, 1993; Debt Guide, 1993] IIP

posicin de inversin internacional [Gua de la deuda, 1993; MBP5] PII

International Labour Office [ILO] ILO

Oficina Internacional del Trabajo OIT

International Labour Organisation ILO

Organizacin Internacional del Trabajo OIT

International Law Association ILA

Asociacin de Derecho Internacional ILA

International Law Commission [UN] ILC

Comisin de Derecho Internacional

International Lead and Zinc Study Group ILZSG

Grupo Internacional de Estudio sobre el Plomo y el Zinc

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page699

English international lending process

Spanish operaciones internacionales de prstamo transacciones internacionales de concesin de crdito

international license bank ILB

banco con licencia internacional BLI

international liquidity [IFS]

liquidez internacional

International Maritime Committee IMC

Comit Martimo Internacional CMI

International Maritime Organization IMO

Organizacin Martima Internacional OMI

international means of payment [SNA93]

medios de pago internacionales [SCN93]

international merchandise trade statistics [UN]

estadsticas del comercio internacional de mercaderas

International Monetary and Financial Committee [IMF] IMFC

Comit Monetario y Financiero Internacional CMFI

International Monetary Fund IMF

Fondo Monetario Internacional FMI

International Monetary Fund's Quarterly Survey on the Currency Composition of Foreign Exchange Reserves

Encuesta trimestral del Fondo Monetario Internacional sobre la composicin por monedas de las reservas en moneda extranjera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page700

English international monetary system IMS

Spanish sistema monetario internacional

International Natural Rubber Agreement [INRO]

Convenio Internacional del Caucho Natural

International Natural Rubber Council [INRO]

Consejo Internacional del Caucho Natural

International Natural Rubber Organization INRO

Organizacin Internacional del Caucho Natural

International Negotiating Committee for the Framework Convention on Climate Change [GEF] INC

Comit Internacional de Negociacin de la Convencin-marco sobre el Cambio Climtico

International Nuclear Information System INIS

Sistema Internacional de Informacin Nuclear

International Olive Oil Agreement [IOOC]

Convenio Internacional del Aceite de Oliva

International Olive Oil Council IOOC

Consejo Olecola Internacional COI

International Organization for Standardization ISO

Organizacin Internacional de Normalizacin ISO

International Organization of Securities Commissions IOSCO

Organizacin Internacional de Comisiones de Valores IOSCO

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page701

English International Organization of Supreme Audit Institutions INTOSAI

Spanish Organizacin Internacional de las Entidades Fiscalizadoras Superiores

International Political Science Association [UNESCO] IPSA

Asociacin Internacional de Ciencias Polticas

International Potato Center CIP

Centro Internacional de la Papa CIP

international recommendations [BPM5]

recomendaciones internacionales

International Reconstruction Fund Facility for Iraq IRFFI

Mecanismo de los fondos internacionales para la reconstruccin del Iraq

International Regulators Forum IRF

Foro Internacional de Reguladores

international reserves and foreign currency liquidity [GFSM]

reservas internacionales y liquidez en moneda extranjera [MEFP]

International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template [IMF]

Reservas internacionales y liquidez en moneda extranjera: Pautas para una planilla de datos

international reserves [BPM6; GFSM; IFS] external reserves

reservas internacionales [MBP6; MEFP] reservas externas reservas exteriores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page702

English International Rice Research Institute IRRI

Spanish Instituto Internacional de Investigaciones sobre el Arroz

International Rubber Study Group IRSG

Grupo Internacional de Estudios sobre el Caucho

International Securities Identification Numbering System ISIN

Sistema Internacional de Numeracin para la Identificacin de Valores [Gua de la deuda, 1993] iSIN

international service transactions [BPM5]

transacciones de servicios internacionales [MBP5]

International Social Security Association ISSA

Asociacin Internacional de la Seguridad Social AISS

International Square Design Unit [ADM/AS/FD/IS]

Unidad de Diseo del Edificio International Square

International Standard Classification of all Goods and Services [UN] ICGS

Clasificacin Internacional Uniforme de todos los Bienes y Servicios CIBS

International Standard Classification of Occupations ISCO-88

Clasificacin internacional uniforme de ocupaciones CIUO-88

International Standard Industrial Classification of all Economic Activities [UN] ISIC

Clasificacin Industrial Internacional Uniforme de todas las Actividades Econmicas CIIU

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page703

English International Standard Industrial Classification of all Economic Activities [BPM5; FSIG] ISIC

Spanish CIIU Clasificacin Industrial Internacional Uniforme de todas las Actividades Econmicas [MBP5] Clasificacin industrial internacional uniforme de todas las actividades econmicas [GISF]

international standards for trade statistics [BPM5]

normas internacionales sobre estadsticas del comercio exterior [MBP5]

International Statistical Institute ISI

Instituto Internacional de Estadstica

International Strategy for Disaster Reduction ISDR

Estrategia Internacional para la Reduccin de Desastres EIRD

International Sugar Agreement [ISO]

Convenio Internacional del Azcar

International Sugar Council [ISO] ISC

Consejo Internacional del Azcar ISC

International Sugar Organization ISO

Organizacin Internacional del Azcar OIA

International Task Force on Commodity Risk Management in Developing Countries [World Bank]

Grupo internacional de trabajo sobre la administracin de riesgos relativos al precio de los productos bsicos en los pases en desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page704

English International Tax Dialogue ITD

Spanish Dilogo Fiscal Internacional DFI

International Tea Organization

Organizacin Internacional del T

International Tea Promotion Association ITPA

Asociacin Internacional para la Promocin del T ITPA

International Telecommunications Satellite Organization INTELSAT

Organizacin Internacional de Telecomunicaciones por Satlite INTELSAT

International Telecommunications Union ITU

Unin Internacional de Telecomunicaciones UIT

International Tin Agreement [ITC]

Convenio Internacional del Estao

International Tin Council ITC

Consejo Internacional del Estao ITC

International Trade Center ITC

Centro de comercio internacional CCI

International Trade Centre UNCTAD-GATT ITC

Centro de Comercio Internacional UNCTAD-GATT CCI

International Trade Commission [USA] ITC

Comisin de Comercio Internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page705

English international trade of services [SNA93]

Spanish comercio internacional de servicios [SCN93]

International Trade Organization ITO

Organizacin Internacional del Comercio OIC

International Trade Statistics [BPM5] ITS

Estadsticas del Comercio Internacional [MBP5] ECI

International Trade Statistics: Concepts and Definitions

Estadisticas del comercio internacional : conceptos y definiciones

international trade taxes [GFSM 2001] taxes on international trade [GFSM 2001]

impuestos sobre el comercio internacional

international transaction

transaccin internacional

international transaction reporting system [BPM5] ITRS

sistema de notificacin de transacciones internacionales [MBP5] ITRS SNTI

international transactions in services classification [BOP]

clasificacin de las transacciones internacionales de servicios

International Union for the Conservation of Nature and Natural Resources IUCN World Conservation Union

Unin Internacional para la Conservacin de la Naturaleza y de los Recursos Naturales UICN Unin Mundial para la Naturaleza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page706

English International Union for the Scientific Study of Population IUSSP

Spanish Unin Internacional para el Estudio Cientfico de la Poblacin

International Union of Credit and Investment Insurers Berne Union

Unin de Seguros y de Crdito Internacionales Unin de Berna

International Wheat Agreement [IWC] IWA

Convenio Internacional del Trigo CIT

International Wheat Council IWC

Consejo Internacional del Trigo CIT

International Working Group of External Debt Statistics IWGEDS

Grupo de Trabajo Internacional de Compiladores de Estadsticas sobre la Deuda Externa

International Working Group of Sovereign Wealth Funds IWG

Grupo de Trabajo Internacional sobre Fondos Soberanos de Inversin

internet provider services [BPM6]

servicios de suministro de Internet [MBP6]

interofficial goods, services and income, other [BPM5]

otros bienes, servicios y renta, transacciones interoficiales [MBP5]

interofficial income [BPM5]

renta interoficial [MBP5]

interofficial transaction

transaccin interoficial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page707

English interofficial unrequited transfers [BPM5]

Spanish transferencias unilaterales interoficiales [MBP5]

interpenetrating sample

muestra interpenetrante

interpenetrating survey

encuesta interpenetrante

interpolation forward extrapolation

interpolacin

Interpretation Division

Divisin de Interpretacin

Interpretation Section

Seccin de Interpretacin

Interpretation Services [TGS/AI/LI]

Servicios de Interpretacin

Interpretative Note

Nota Interpretativa

Interpreter [IMF-TGS/LS]

Intrprete

Interpreter, Chief [IMF-TGS]

Jefe de Intrpretes

Interpreter, Deputy Chief [IMF-TGS/LS]

Subjefe de Intrpretes

Interpreter/Reviser [TGS/L]

Intrprete/Revisor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page708

English Interpreter/Reviser, Senior [IMF-TGS/L]

Spanish Intrprete/Revisor Principal

Interpreter/Translator [IMF-TGS]

Intrprete/Traductor

Interpreter/Translator, Senior [TGS/L]

Intrprete/Traductor Principal

Interregional Expert Group Meeting on Population, Environment and Development

Reunin Interregional del Grupo de Expertos sobre Poblacin, Medio Ambiente y Desarrollo

Interregional Seminar on the Revised System of National Accounts [BPM5; UN, SNA93]

Seminario Interregional sobre el Sistema Revisado de Cuentas Nacionales [MBP5]

interrelated entries [BPM5]

asientos interrelacionados entre s [MBP5] asientos relacionados entre s asientos correlativos

Intersecretariat Group for the Revision of the United Nations System of National Accounts [UN, SNA]

Grupo Intersecretarial para la Revisin del Sistema de Cuentas Nacionales de las Naciones Unidas

Inter-Secretariat Working Group on National Accounts ISWGNA

Grupo Intersecretarial de Trabajo sobre Cuentas Nacionales GITCN

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page709

English Intersecretariat Working Group on Price Statistics [CPI] IWGPS Inter-secretariat Working Group on Price Statistics ISWGPS

Spanish Grupo de Trabajo entre secretaras sobre estadsticas de precios

intersection [mathematics]

interseccin

inter-sectoral flows [BPM5]

flujos intersectoriales [MBP5]

Intersessional Meeting of the Conference of the Heads of State of the CARICOM

Reunin entre perodos de sesiones de la Conferencia de Jefes de Gobierno de la Comunidad del Caribe

inter-spatial [SNA93]

interespacial [SCN93]

interstate bank [FSU]

banco que opera en varios estados

Inter-State Committee to Fight the Drought in the Sahel CILSS

Comit Interestatal Permanente de Lucha contra la Sequa en el Sahel

intertemporal

intertemporal relativo a varios perodos

intertemporal budget constraint

limitacin presupuestaria intertemporal

intertemporal capital asset pricing model ICAPM

Modelo intertemporal de valoracin de activos de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page710

English interval estimation

Spanish estimacin por intercalo(s)

intervention

intervencin

intervention currency currency of intervention

moneda de intervencin

intervention point [exchange rates] divergence threshold maximum fluctuation limit

punto de intervencin

in-the-money option

opcin con beneficio probable

intracompany flows

flujos intraempresas

intra-currency union flows

flujos comerciales dentro de la zona monetaria

intraday

intrada

intragovernmental debt [IFS]

deuda intragubernamental

intra-marginal intervention coordinated intramarginal intervention concerted intervention joint intervention

intervencin intramarginal intervencin conjunta

introducing broker IB

agente de presentacin (en bolsa de pequeos paquetes de acciones a clientes seleccionados)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page711

English introduction of new goods

Spanish introduccin de nuevos artculos introduccin de nuevos bienes

introduction to bop reporting [BPM5]

introduccin a la declaracin de datos de balanza de pagos

intrusive conditionality

condicionalidad intrusiva

inventory accumulation

acumulacin de existencias

inventory change

variacin de (las) existencias

inventory investment

inversin en existencias inversin en mercancas

inventory rundown rundown on inventories

desacumulacin de existencias disminucin de existencias liquidacin de las existencias

inventory shrinkage [GFSM]

prdidas de existencias [MEFP]

inventory valuation

valoracin de existencias

inventory value [SNA93]

valor de inventario [SCN93]

inventory write-off

depreciacin de existencias

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page712

English inventory stocks

Spanish saldos existencias inventario [ARG] bienes de cambio [ARG] tenencias

inverse yield curve inverse term structure

curva de rendimientos invertida

inverse [mathematics]

inversa inverso

Investment Account [IMF] IA

Cuenta de Inversiones

Investment Advisor [IMF-OMD]

Asesor de Inversiones

investment and development banks: liabilities [IFS]

banco de desarrollo e inversin: pasivo (turqua)

investment associated with debt reduction [BPM5]

inversin relacionada con la reduccin de deuda [MBP5]

investment bank [USA] merchant bank [GBR]

banco de inversiones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page713

English investment budget

Spanish presupuesto de inversiones presupuesto de capital

investment climate

clima de inversin

Investment Climate Survey [World Bank]

Encuesta sobre el Clima de Inversin

Investment Committee [IMF-SRP]

Comit de Inversiones [Plan de Jubilacin del Personal]

investment company

compaa de inversiones fondo de inversin

Investment Consultant [IMF-INV]

Consultor de Inversiones

investment expenditure investment spending

gasto de inversin

investment failure of a non-guaranteed pension fund [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

inversiones no rentables de fondos de pensiones [Gua de la deuda, 1993]

investment fund

Fondo Nacional de Inversiones fondo de inversin

investment goods, seasonally adjusted [IFS]

bienes de inversin, desestacionalizados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page714

English investment grade bond [securities]

Spanish bono con calificacin de inversin no especulativa (investment grade)

investment grant

donacin para inversin donacin de inversin

investment house

sociedad de inversin

investment in land [BPM5]

inversin en tierras

investment income

renta de la inversin

investment income-based proxy international income-based proxy IIP

valor de reemplazo basado en la renta de la inversin internacional valor de reemplazo basado en la renta de la inversin

Investment Manager

Administrador de Inversiones

Investment Office [IMF-OMD] INV

Oficina de Inversiones

Investment Officer [IMF-OMD]

Oficial de Inversiones

Investment Officer, Senior [IMF-OMD]

Oficial Principal de Inversiones

investment rate

tasa de inversin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page715

English investment ratio

Spanish coeficiente de inversin

investment slump

cada de la inversin

investment tax credit ITC

bonificacin tributaria a favor de la inversin crdito fiscal a la inversin crdito tributario para inversiones

Investment Unit [FIN/PH/IN]

Unidad de Inversiones

investment vehicle

vehculo de inversin instrumento de inversin

investment [economics]

inversin

investment-grade borrower

prestatario cuyos ttulos tienen calificacin de inversin no especulativa (investment grade)

investment-grade spreads

diferenciales de los ttulos con calificacin de inversin no especulativa (investment grade)

investor base

base de inversores base de inversionistas

investor of last resort

inversionista de ltimo recurso

investor sentiment

actitud de los inversionistas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page716

English investor [SNA93]

Spanish inversionista [SCN93] inversor [SCN93]

invisible hand

la mano invisible

invisible transaction [BOP]

transaccin invisible transaccin de invisibles

invisibles invisible item

partida invisible invisibles

invitation to bid [procurement] ITB

anuncio de subasta llamada a licitacin apertura de concurso [a veces] convocatoria de ofertas

invoice value

valor facturado

inward investment

inversiones del exterior inversiones de no residentes en la economa

inward risk transfer [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

transferencia del riesgo a residentes [Gua de la deuda, 1993]

inward-oriented economy

economa orientada hacia el interior economa autrquica economa orientada al mercado interno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page717

English Iraqi Fund for External Development IFED

Spanish Fondo Iraqu para el Desarrollo Externo IFED

Iraqi Governing Council [UN] Governing Council of Iraq

Consejo de Administracin de Iraq

iron and steel industry

industria siderrgica

irrevocable documentary credit

crdito documentario irrevocable

irrevocable locking of exchange rates [EMS]

fijacin irrevocable de los tipos de cambio

Irving Fisher Committee on Central Bank Statistics

Comit Irving Fisher sobre Estadsticas de Bancos Centrales

IS curve

curva IS

Islamic Development Bank IsDB IDB

Banco Islmico de Desarrollo BIsD BID

Islamic financial institution [FSIG] IFI

institucin financiera islmica [GISF] IFI

Islamic Financial Services Board IFSB

Junta de Servicios Financieros Islmicos IFSB

island country

pas insular

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page718

English isocost

Spanish isocosto

isoquant

isocuanta

issue

emisin

issue a complaint (against a member) [IMF]

formular una queja (contra un pas miembro)

issue and redemption

emisin y rescate

issue cost issuance cost

costo de emisin

issue of liabilities [SNA93]

emisin de pasivos [SCN93]

issue price [SNA93]

precio de emisin [SCN93]

issued by government

emitido por el gobierno

issued capital stock [SNA93]

capital emitido [SCN93]

issuer [BIS]

entidad emisora emisor

issuer-pay business model issuer-pay model

modelo comercial en el cual el emisor paga por la calificacin de sus propios ttulos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page719

English Issues Brief [IMF-EXR]

Spanish estudio temtico

issues for discussion

temas de debate

Issues Paper [World Bank]

documento temtico documento de exposicin de problemas Temas del Banco Mundial

item

artculo partida rubro elemento

items in transit [GMBS]

partidas en trnsito

iteration

iteracin

ITS guidelines [BPM5]

recomendaciones de las ECI [MBP5]

Jacobian (determinant)

jacobino

J-curve

curva J curva en J curva en forma de J

job

empleo puesto de trabajo tarea trabajo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page720

English job creation employment creation

Spanish creacin de empleo creacin de puestos de trabajo

job description

definicin de las funciones, del cargo descripcin de las funciones, del cargo

job displacement

desplazamiento de puestos de trabajo

job evaluation study [IMF, IBRD]

estudio de evaluacin de los puestos de trabajo

job grading exercise [IMF]

estudio de reestructuracin del escalafn

job opportunities

oportunidades de empleo posibilidades de empleo

job search

bsqueda de empleo

job security

estabilidad en el empleo

job seeker

persona en busca de empleo persona que busca empleo

job substitution

sustitucin de puestos de trabajo

job-creating growth

crecimiento generador de empleo

jobless recovery

recuperacin sin empleo [WHD REO]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page721

English Joint Ad Hoc Committee of Arrangements for the Annual Meetings of the Boards of Governors of the Bank and the Fund [IMF/WB] JCAAM

Spanish Comit Conjunto Ad Hoc para la Organizacin de las Reuniones Anuales de las Juntas de Gobernadores del Banco y del Fondo JCAAM

Joint Ad Hoc Committee on Arrangements for the Annual Meetings of the Boards of Governors of the Bank and the Fund [IMF document series; JCAAM/...] JCAAM

documento de la serie JCAAM

Joint Africa Institute [IMF-INS, AfDB, IBRD] JAI

Instituto Multilateral Africano IMA

Joint and Co-sponsored Programme on HIV/AIDS Trust Fund [UN]

Fondo Fiduciario del Programa conjunto y de copatrocinio sobre el VIH/SIDA

joint and several guarantee

garanta solidaria

joint and several liability

responsabilidad solidaria

Joint Bank/Fund Committee of Executive Directors on Staff Compensation [IMF/WB]

Comisin conjunta de los Directores Ejecutivos del Banco y del Fondo sobre la Remuneracin del Personal

Joint Bank-Fund Library [IMF-TGS] JL Joint Bank Library

Biblioteca Conjunta (del Banco y el Fondo)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page722

English Joint China-IMF Training Program [IMF-INS] CTP

Spanish Programa Conjunto de Capacitacin de China y el FMI PCC

joint committee

comisin conjunta, mixta comisin paritaria comit conjunto, mixto

Joint Committee on the Remuneration of Executive Directors and their Alternates [IMF/World Bank] Board of Governors' Committee on the Remuneration of Executive Directors Committee on the Remuneration of Executive Directors [IMF Board of Governors]

Comisin de la Junta de Gobernadores sobre Remuneracin de los Directores Ejecutivos

Joint Consultative Group on Policy [UNDP/UNICEF/UNFRA/WFP] JCGP

Grupo Consultivo Mixto sobre Polticas

Joint ECOFIN/JHA Council

Consejo Conjunto ECOFIN/JAI

Joint External Debt Hub

Central de Informacin sobre la Deuda Externa

joint financing

financiamiento conjunto

joint float

flotacin conjunta

joint Fund/World Bank AML Methodology Document AML Methodology Document

documento conjunto del Banco Mundial y el FMI de metodologa sobre la lucha contra el lavado de dinero documento de metodologa sobre la lucha contra el lavado de dinero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page723

English joint governmental activity [GFS 1986]

Spanish actividad gubernamental conjunta

Joint IMF/World Bank Implementation Committee for the HIPC Initiative and the PRSP Program JIC Joint Implementation Committee

Comit Conjunto de Ejecucin de la Iniciativa para los PPME y los DELP

Joint India-IMF Training Program ITP India Training Center

Programa Conjunto de Capacitacin de India y el FMI

Joint Integrated Technical Assistance Programme [WTO] JITAP

Programa Integrado Conjunto de Asistencia Tcnica [OMC] JITAP

joint issue paper

documento conjunto de exposicin de problemas

joint liability company

sociedad de responsabilidad solidaria

Joint Management Action Plan

Plan Ejecutivo Conjunto de Accin

joint military arrangements [BPM5]

programas militares conjuntos [MBP5]

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Joint Development Committee Development Committee

Comit Ministerial Conjunto de las Juntas de Gobernadores del Banco y del Fondo para la Transferencia de Recursos Reales a los Pases en Desarrollo Comit para el Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page724

English Joint Oil Data Initiative JODI

Spanish Iniciativa Conjunta de Datos del Petrleo

Joint Partnership for Africa

Alianza Multilateral para frica

Joint Procedures Committee [IMF-IBRD Annual Meetings] JPC

Comisin Conjunta de Procedimiento CCP

Joint Regional Training Center for Latin America in Brazil Brazil Training Center [IMF-INS] BTC

Centro Regional Conjunto de Capacitacin para Amrica Latina en Brasil Centro de Capacitacin en Brasil CCB

Joint Research Centre [EC] JRC

Centro Comn de Investigaciones CCI

Joint Research Program on Latin American Economic Integration

ECIEL Estudios Conjuntos sobre Integracin Econmica Latinoamericana

Joint Secretariat Registration, Hotels, and Credentials Office RHC

Oficina de Inscripciones, Hoteles y Credenciales de la Secretara Conjunta

Joint Secretariat [IMF-IBRD Annual Meetings]

Secretara Conjunta

Joint Staff Advisory Note Joint Staff Assessment Note JSAN

Nota Consultiva Conjunta del Personal Tcnico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page725

English Joint Staff Assessment [IMF-IBRD] JSA

Spanish evaluacin conjunta evaluacin conjunta del Banco Mundial y el FMI

joint stock company

sociedad por acciones

Joint United Nations Programme on HIV/AIDS [UNAIDS] UNAIDS

Programa conjunto de las Naciones Unidas sobre el VIH/SIDA ONUSIDA

joint venture joint enterprise

sociedad en participacin [ESP] empresa conjunta sociedad accidental [ESP] unin transitoria de empresas [ARG] asociacin de empresas en participacin operacin conjunta

Joint Vienna Institute [IMF-INS] JVI

Instituto Multilateral de Viena IMV

Joint Year 2000 Council [BIS]

Consejo Multilateral para el Ao 2000

journal [accounting]

libro diario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page726

English Jubilee 2000 Jubilee of the Year 2000 Great Jubilee of the Year 2000

Spanish Jubileo del ao 2000 Jubileo del Ao 2000 Gran Jubileo del Ao 2000 Jubileo 2000

judgmental forecast

pronstico basado en una evaluacin discrecional de la situacin previsin basada en apreciaciones pronstico discrecional previsin discrecional

jumbo borrowing

emprstito de gran magnitud emprstito gigante

jumbo certificate of deposit [USA]

certificado de depsito de un monto considerable

jumbo mortgage

hipoteca jumbo

junior bond

bono subordinado, de rango inferior

junk bond

bono basura bono chatarra bono de alto riesgo

jurisdictional role [IMF, capital account liberalization]

jurisdiccin

just-in-time advice [IBRD]

asesoramiento justo a tiempo

just-in-time production method

mtodo de produccin justo a tiempo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page727

English Kennedy Round (of Multilateral Trade Negotiations) [GATT]

Spanish Ronda Kennedy

Kenya Anti-Corruption Authority KACA

Oficina de lucha contra la corrupcin en Kenya

Kernel density estimation Kernel density estimates Parzen window method

estimaciones de densidad por ncleos

key currency

moneda clave

key performance indicators KPI

indicadores clave de desempeo

key sectors [SNA93]

sectores claves [SCN93]

Keynesian model

modelo keynesiano

kind of activity [SNA93]

clase de actividad [SCN93]

kinked curve

curva quebrada

knock-on effects

efectos indirectos

know your client program [money laundering]

programa de identificacin de clientes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page728

English know-how

Spanish pericia conocimientos tcnicos conocimientos tecnolgicos conocimientos especializados

know-how fund [think tank]

fondo para la transferencia de los conocimientos tecnolgicos

knowledge bank [IBRD]

banco de conocimientos

knowledge management

gestin de los conocimientos

knowledge staff [IBRD]

personal encargado de la base de conocimientos

knowledge-based economy knowledge economy

economa basada en los conocimientos

knowledge-based institution [IBRD]

institucin basada en los conocimientos

Kronecker product

producto de Kronecker

kurtosis [statistics]

curtosis

Kuwait Fund for Arab Economic Development KFAED

Fondo Kuwait para el Desarrollo Econmico Arabe FKDEA

Kyoto Protocol

Protocolo de Kyoto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page729

English LAfrique aide lAfrique AAA

Spanish frica ayuda al frica AAA

labor

trabajo mano de obra

labor cost

costo de la mano de obra costo laboral

labor dispute industrial dispute

conflicto laboral

labor force participation rate labor participation rate participation rate

participacin laboral [WHD REO] tasa de participacin de la fuerza laboral tasa de actividad tasa de participacin

labor force workforce economically active population EAP working population

fuerza de trabajo fuerza laboral poblacin activa poblacin econmicamente activa PEA

labor hoarding

mantenimiento preventivo de personal retencin preventiva de personal

labor income [BPM5]

renta del trabajo [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page730

English labor input

Spanish insumo de trabajo insumo de mano de obra factor trabajo trabajo

labor intensiveness labor intensity

uso intensivo de mano de obra

labor market

mercado de trabajo mercado laboral

labor market rigidity

rigidez del mercado laboral

labor mobility

movilidad de la mano de obra movilidad laboral

labor productivity labour productivity [SNA93] productivity of labor

productividad de la mano de obra productividad del trabajo [SCN93]

labor relations industrial relations

relaciones laborales

labor saving device labor saving innovation

tcnica que desplaza mano de obra innovacin que desplaza mano de obra

labor service

servicio laboral

labor share income share of labor labor income share

participacin de la mano de obra

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page731

English labor supply

Spanish oferta de mano de obra oferta de trabajo mano de obra disponible

labor utilization

utilizacin de mano de obra

labor-intensive

con uso intensivo de mano de obra que requiere mucha mano de obra

labor-output ratio

relacin trabajo-producto razn trabajo-producto

Laffer Curve

curva de Laffer

lagged reserve accounting LRA

contabilizacin diferida de las reservas

lagged value

valor desfasado valor retrasado valor rezagado

lagged variable

variable desfasada variable retardada variable rezagada

lagging indicator

indicador desfasado indicador retardado indicador retrospectivo indicador retrasado

lagging industry

industria en declive sector en declive

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page732

English lagging interest rate [in relation to the rate of inflation]

Spanish tasa de inters desfasada

Lagrange multiplier

multiplicador de Lagrange

laissez-faire laisser-faire

laissez faire

Lake Chad Basin Commission LCBC

Comisin de la Cuenca del Lago Chad [ttulo no oficial]

land

terreno tierra

land and structures [BPM5]

tierras y edificios [MBP5]

land development [agriculture] land improvement land reclamation

recuperacin de tierras saneamiento de tierras aprovechamiento de tierras adecuacin de tierras mejoramiento de tierras y terrenos mejora de tierras y terrenos puesta en cultivo de nuevas tierras

land ownership [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

propiedad de tierras [Gua de la deuda, 1993]

land reform agrarian reform

reforma agraria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page733

English land rent and royalties [SNA93]

Spanish ingreso de la tierra y regalas [SCN93]

land transferred to human activity [SNA93]

tierra transferida a actividades humanas [SCN93]

land under cultivation [SNA93]

tierras bajo cultivo [SCN93]

land underlying buildings and structures [SNA93]

terrenos subyacentes a edificios y estructuras [SCN93]

land underlying buildings and works [SNA93]

terrenos subyacentes a edificios y obras [SCN93]

landed cost landed price

precio al desembarque precio en muelle

landfill, sanitary [USA, waste management] landfilling, sanitary [UK] tipping, controlled [UK]

relleno sanitario

landlocked country

pas sin litoral pas mediterrneo [Am. Lat.]

Language Services Library

Biblioteca de Servicios Lingsticos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page734

English Language Services [TGS/L] LS

Spanish Servicios Lingsticos

Language Technology Advisory Group [TGS-Language Services] LTAG

Grupo Consultivo sobre Tecnologa Lingstica

Laplace-Gauss distribution [statistics] Gaussian distribution normal distribution

ley de Laplace-Gauss distribucin normal(, ley de) ley normal

lapse of time completion of Article IV consultation [IMF]

conclusin de la consulta del Artculo IV por aprobacin tcita del Directorio Ejecutivo sin necesidad de reunin

lapse of time decision [IMF, Executive Board] LOT

decisin aprobada tcitamente por vencimiento del plazo fijado sin que medio objecin de ningn director decisin tcita por vencimiento del plazo decisin aprobada tcitamente por el Directorio sin necesidad de reunin

laptop

ordenador porttil

large complex financial institutions LCFIs

instituciones financieras grandes y complejas

large exposure to capital

grandes exposiciones capital grandes exposiciones crediticias

large sample

muestra grande

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page735

English large taxpayer unit LTU

Spanish unidad de grandes contribuyentes UGC

largely compliant [BIS]

mayormente cumplido relativamente conforme

large-scale access (to the Fund's resources) [IMF] very high access (to the Fund's resources)

nivel de acceso muy elevado volumen muy elevado de utilizacin (de los recursos del FMI)

large-scale asset purchases LSAP

compras de activos a gran escala

largest debtor

pas ms endeudado

last but not least

por ltimo pero no por ello menos importante

last in, first out [inventory accounting] LIFO

mtodo LIFO mtodo de ltimas entradas, primeras salidas mtodo UEPS

lasting interest [BPM5]

participacin duradera [MBP5] participacin permanente [MBP5]

late filer [taxation]

contribuyente moroso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page736

English late interest charges [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] late interest [Paris Club]

Spanish inters por mora

late payment [IMF]

pago atrasado pago en mora pago con retraso

late trading

late trading after-hours trading transacciones tardas operacin fuera de horario de mercado contratacin/mercado despus del cierre de la sesin

Latin American and Caribbean Commission on Development and Environment [IDB]

Comisin de Desarrollo y Medio Ambiente de Amrica Latina y el Caribe

Latin American and Caribbean Institute for Economic and Social Planning

Instituto Latinoamericano y del Caribe de Planificacin Econmica y Social

Latin American and Caribbean region LAC

regin de Amrica Latina y el Caribe [WHD REO] ALC [WHD REO]

Latin American and the Caribbean Regional Office [IBRD] LCR LCA

Oficina Regional de Amrica Latina y el Caribe

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page737

English Latin American Association of Development Financing Institutions ALIDE

Spanish Asociacin Latinoamericana de Instituciones Financieras de Desarrollo ALIDE

Latin American Banking Association FELABAN Federation of Latin American Banks

Federacin Latinoamericana de Bancos FELABAN

Latin American Coffee Agreement

Convenio Latinoamericano del Caf

Latin American Confederation of Credit Unions [IDB] COLAC

Confederacin Latinoamericana de Cooperativas de Ahorro y Crdito COLAC

Latin American Demographic Centre

Centro Latinoamericano de Demografa CELADE

Latin American Economic System SELA

Sistema Econmico Latinoamericano SELA

Latin American Energy Organization OLADE

Organizacin Latinoamericana de Energa OLADE

Latin American Episcopal Council Council of Latin American Episcopal Conferences

Consejo Episcopal Latinoamericano CELAM

Latin American Export Bank

BLADEX Banco Latinoamericano de Exportaciones S.A.

Latin American Free Trade Association LAFTA

Asociacin Latinoamericana de Libre Comercio ALALC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page738

English Latin American Institute for Economic and Social Planning [ECLA] ILPES

Spanish Instituto Latinoamericano de Planificacin Econmica y Social ILPES

Latin American Integration Association LAIA

Asociacin Latinoamericana de Integracin ALADI

Latin American Network of Central Banks and Finance Ministries

Red Latinoamericana de Bancos Centrales y Ministerios de Hacienda

Latin American Reserve Fund LARF Fund for Latin American Reserves

Fondo Latinoamericano de Reservas FLAR

Latin-American Iron and Steel Institute ILAFA

Instituto Latinoamericano del Fierro y el Acero ILAFA

lattice

retculo

law enforcement

aplicacin de la ley aplicacin coercitiva de la ley

Law Librarian [IMF-LEG]

Bibliotecario del Departamento Jurdico

Law Library [IMF-LEG]

Biblioteca Jurdica

law of large numbers

ley de los grandes nmeros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page739

English law of small numbers Poisson distribution

Spanish ley de los pequeos nmeros distribucin de Poisson

law of the land

legislacin nacional derecho comn, civil, general (de un pueblo)

lawlessness and economics

el vaco jurdico y la economa

layering

estratificacin

layoff

despido

lazy dollar hypothesis

hiptesis de que la debilidad de la moneda desincentiva la innovacin empresarial

LDC-plus package

paquete PMA plus

lead agency

organismo director organismo dirigente

lead manager lead bank lead underwriter syndicate leader

banco director

lead speaker [IMF]

orador principal ponente principal

leader market

mercado principal mercado lder

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page740

English leading indicator forward-looking indicator

Spanish indicador anticipado indicador adelantado indicador de pronstico indicador prospectivo

leading sector

sector que fija las pautas sector lder

League of Arab States LAS Arab League

Liga de los Estados Arabes LEA

League of Nations [UN] L of N

Sociedad de las Naciones SN

leakage [economics]

filtracin

leaning against the wind [exchange rate policy]

intervencin en contra de la tendencia

learning and innovation credit [IBRD]

crdito para el aprendizaje y la innovacin

Learning and Innovation Loan [IBRD] LIL

prstamo para el aprendizaje y la innovacin

learning effect

efecto de aprendizaje

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page741

English lease agreement lease [SNA93]

Spanish contrato de alquiler alquiler arrendamiento [SCN93] contrato de arrendamiento arriendo locacin contrato de locacin

lease payment

pago de arrendamiento

leaseback

venta con pacto de arrendamiento retrocesin en arriendo

leased goods [BPM5]

bienes arrendados [MBP5]

leases and other transferable contracts [SNA93]

arrendamientos y otros contratos transferibles [SCN93]

least advanced countries LACs least developed countries LDCs

pases menos adelantados PMA

Least developed countries Fund for Climate Change [IBRD] LDC

Fondo de pases menos adelantados para el cambio climtico

least squares

mnimos cuadrados

least squares fit

ajuste minimocuadrtico, por mnimos cuadrados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page742

English least squares regression

Spanish regresin minimocuadrtica, por mnimos cuadrados

least squares regression analysis

anlisis de regresin minimocuadrtica

least-squares estimate LSE

estimacin por mnimos cuadrados estimacin minimocuadrtica

leave without pay

excedencia licencia sin goce de sueldo

left-hand term [of an equation]

primer miembro

legacy assets

activos heredados

legacy currency

moneda nacional

legal and regulatory framework

marco legal y reglamentario marco legal y regulatorio ordenamiento jurdico rgimen legal y reglamentario

legal authority [BPM5]

autoridad legal

legal change of ownership [BPM5]

traspaso legal de propiedad [MBP5]

Legal Department [IMF] LEG

Departamento Jurdico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page743

English legal framework

Spanish regimen legal marco jurdico rgimen jurdico ordenamiento jurdico

legal framework for the treatment of foreign investment

marco jurdico para el tratamiento de la inversin extranjera

legal life [of a patent] [GFSM]

perodo legal [MEFP]

legal obligor

legalmente obligada, persona

legal owner [GFSM]

titular jurdico [MEFP]

legal tender legal currency

dinero legal moneda de curso legal dinero de poder liberatorio moneda legal

legal, accounting, management consulting, and public relations [BPM5]

jurdicos, contables, de asesoramiento de empresas y de relaciones pblicas [MBP5]

legally binding contract [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

contrato con fuerza vinculante [Gua de la deuda, 1993]

Legislative Guide on Insolvency Law [UNCITRAL]

Gua legislativa sobre el rgimen de la insolvencia (de la CNUDMI)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page744

English lender

Spanish acreedor prestamista

lender of last resort LOLR LLR

prestamista de ltima instancia prestamista de ltimo recurso

lender of record

prestamista titular prestamista oficial

lending capacity

capacidad de prstamo capacidad prestable capacidad de concesin de prstamos

lending facilities

mecanismos de prstamo

lending funds loanable funds

fondos prestables

lending into arrears policy [IMF]

poltica de concesin de prstamos a pases con atrasos

lending into arrears LIA

concesin de prstamos a pases con atrasos

lending minus repayments by function [GFS 1986]

concesin de prstamos menos recuperaciones por funciones

lending minus repayments [GFS 1986; GFSY; IFS]

concesin de prstamos menos reembolsos concesin de prstamos menos recuperaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page745

English lending rate loan rate

Spanish tasa de inters de los prstamos tasa de los prstamos tasa activa

length-of-voyage problem

problema derivado de la duracin del transporte

less developed countries LDCs

pases en desarrollo pases menos desarrollados PMD

less indebted low-income country LILIC

pas de bajos ingresos menos endeudado

less: imports [IFS]

menos: importaciones

less: net factor payments abroad [IFS]

menos: pagos netos por factores del exterior

lessee

arrendatario inquilino

lessor

arrendador

less-skilled workers

mano de obra poco calificada

letter of appointment [IMF]

carta de nombramiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page746

English Letter of Intent [IMF] LOI

Spanish carta de intencin

letter of transmittal cover letter cover note

carta de remisin nota de envo carta de presentacin

letting rental

alquiler arrendamiento

level playing field

terreno neutral condiciones igualitarias igualdad de condiciones condiciones equitativas tratamiento igualitario

level-based surcharge [IMF] level-based interest surcharge

sobretasa basada en el nivel de uso de recursos sobretasa basada en el nivel del crdito pendiente de reembolso

leveling off

nivelacin estabilizacin

leverage

influencia poder ventaja

leverage ratio

coeficiente de apalancamiento relacin de apalancamiento [WHD REO]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page747

English leveraged buyout LBO leveraged takeover

Spanish adquisicin apalancada compra de una empresa con fondos tomados en prstamo

leveraged investment geared investment

inversin apalancada inversin con apalancamiento

leveraged loan

prstamo apalancado

leveraged loan market

mercado de prstamos apalancados mercado de crdito apalancado

leveraged losses

prdidas sobre posiciones apalancadas prdidas sobre inversiones apalancadas

leveraged management buyout LMBO

adquisicin de una empresa por parte de sus empleados

leveraged position

posicin apalancada

leveraged, highly

con un elevado nivel de endeudamiento con alto apalancamiento con un alto grado de apalancamiento

levy charges

cobrar comisiones

levy [GFS 1986; SNA93]

gravamen [SCN93]

liabilities (debt) [GFSM]

obligaciones de deuda [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page748

English liabilities (tax) [GFSM]

Spanish pasivos tributarios [MEFP]

liabilities constituting foreign authorities' reserves [BPM5; IFS] LCFAR(s) reserve liabilities

pasivos que constituyen reservas de autoridades extranjeras [MBP5; Estadisticas Financieras Internacionales] PCRAE pasivos monetarios

liabilities to affiliated enterprises [BPM5]

pasivos frente a empresas filiales [MBP5]

liabilities to direct investors [BPM5]

pasivos frente a inversionistas directos [MBP5]

liabilities to nonbanks

pasivos ante instituciones no bancarias

liability

pasivo [MBP6] elemento del pasivo rubro del pasivo

liability clean-up [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

saneamiento de pasivos [Gua de la deuda, 1993]

liability holdings liabilities

tenencia de pasivos pasivos obligaciones

liability insurance

seguro de responsabilidad civil

liability management

gestin del pasivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page749

English liability operation

Spanish operacin pasiva

liability position vis--vis the Fund

posicin de pasivo en el FMI [MBP5]

liability side

debe

liability-generating occurrence

hecho generador de una obligacin, de una deuda

liberalization

liberalizacin apertura liberacin [precios]

liberalization of the capital account [IMF] capital account liberalization

liberalizacin de la cuenta de capital

Liberation Tigers of Tamil Eelam [LKA] LTTE Tamil National Army

Tigres de Liberacin de la Tierra Tamil LTTE

Libor-OIS spread

diferencial LIBOR-OIS

Librarian [IMF]

Bibliotecario

Librarian, Chief [IMF-TGS]

Jefe de Biblioteca

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page750

English Librarian, Deputy Chief [IMF-TGS/Joint Library]

Spanish Subjefe de Biblioteca

Librarian, Senior [IMF-TGS]

Bibliotecario Principal

Library and Documents Unit [INS/AV/IF/LI]

Unidad de Biblioteca y Documentos

Library Assistant [IMF-TGS]

Auxiliar de Biblioteca

Library Assistant, Senior [IMF-TGS]

Auxiliar Principal de Biblioteca

Library Client Services Section [TGS/DI/LC]

Seccin de Servicio al Cliente de la Biblioteca

Library Operations Section [TGS/DI/LO]

Seccin de Operaciones de Biblioteca

license fee

derecho de licencia

lien [BPM5]

prenda [MBP5]

life annuity

renta vitalicia contrato de renta vitalicia

life cycle hypothesis life cycle theory

teora del ciclo de vida teora del ciclo vital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page751

English life expectancy at birth expectation of life at birth

Spanish esperanza de vida al nacer

life expectancy [BPM5]

vida til probable vida til prevista

life insurance services [SNA93]

servicios de seguro de vida [SCN93]

life insurance total premiums earned [SNA93]

primas totales ganadas de seguros de vida [SCN93]

life insurance [BPM5; IFS; SNA93]

seguro de vida [MBP5; SCN93]

life-cycle [SNA93]

ciclo de vida [SCN93]

lifetime income

ingreso vitalicio

lifetime [SNA93]

vigencia [SCN93]

lighterage [BPM5]

lanchaje [MBP5; BPM54th. ed.]

likelihood function

funcin de verosimilitud

likelihood ratio test [statistics]

prueba de la razn de verosimilitudes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page752

English likelihood [statistics]

Spanish verosimilitud probabilidad [SCN93]

limit order [stock exchange; FSIG] limited order

orden que especifica precio orden limitada [GISF]

limited information method

mtodo de informacin limitada

limited partner silent partner sleeping partner

socio comanditario

limited partnership limited liability partnership

sociedad en comandita sociedad de responsabilidad limitada

limited recourse financing

financiamiento con posibilidad de recurso limitado

limiting clause

clusula restrictiva

limiting normal distribution

ley lmite normal

line ministry [budget] line department line agency

ministerio de ejecucin (de proyectos) ministerio tcnico ministerio de lnea

line of credit credit line

lnea de crdito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page753

English linear constraint

Spanish restriccin lineal

linear correlation

correlacin lineal

linear correlation coefficient

coeficiente de correlacin lineal

linear equation

ecuacin lineal

linear estimation [regression]

estimacin lineal

linear estimation, theory of

teora de la regresin lineal

linear estimator

estimador lineal

linear filter

filtro lineal

linear hypothesis

hiptesis lineal

linear manifold [mathematics] vector subspace

variedad lineal subespacio vectorial

linear process

proceso lineal

linear programming

programacin lineal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page754

English linear regression line linear regression regression line line of best fit line of closest fit trend line

Spanish recta de regresin regresin lineal lnea de ajuste ptimo lnea de tendencia

linear trend

tendencia lineal

linearity

linealidad

linearize, to [econometrics]

linealizar

line-item budget line-item budgeting line-item appropriation

presupuesto por partidas presupuesto partida por partida presupuesto clsico partida por partida

link relative chain relative

eslabones de relativos

link [between development assistance and SDR allocations]

vnculo

linkage

vinculacin eslabonamiento

linkage (between quota increase and approval of Third Amendment) [IMF Ninth Quota Review]

vinculacin (entre el aumento de cuotas y la aprobacin de la Tercera Enmienda)

linked deals

operaciones conexas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page755

English linked price series [CPI]

Spanish series de precios enlazadas

liquid asset

activo lquido [GISF; GMBS]

liquid asset requirement LAR liquid requirement

encaje en activos lquidos liquidez obligatoria requisito de liquidez [ARG]

liquid assets to short-term liabilities [FSIG]

activos lquidos/pasivos a corto plazo [GISF]

liquid liability [IFS]

pasivo lquido [GMBS] pasivo a muy corto plazo pasivo exigible a corto plazo

liquid market

mercado lquido

liquidating dividend [BPM5]

dividendo de liquidacin

liquidating dividends [BPM5]

dividendos de liquidacin [MBP5]

liquidation of the Fund [IMF, Articles of Agreement]

disolucin del FMI

liquidation period [accounting]

perodo de liquidacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page756

English liquidation winding up winding down

Spanish liquidacin

liquidity

liquidez

liquidity crunch money crunch

restriccin monetaria compresin de la liquidez restriccin de la liquidez

liquidity facility

facilidad de liquidez mecanismo de liquidez mecanismo de provisin de liquidez

liquidity forecasting [monetary policy]

previsiones de liquidez pronsticos de liquidez

liquidity injection

inyeccin de liquidez

liquidity loan

prstamo de recursos lquidos prstamo de liquidez

liquidity management [GFSM] liquidity control

gestin de la liquidez [MEFP] regulacin de la liquidez control de la liquidez

liquidity of Fund resources [IMF]

liquidez de los recursos del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page757

English liquidity overhang excess liquidity monetary overhang

Spanish exceso de liquidez excedente de liquidez

liquidity portfolio liquid asset portfolio

cartera lquida cartera de activos lquidos

liquidity position [IMF]

nivel de liquidez posicin de liquidez

liquidity preference

preferencia por la liquidez

liquidity premium

prima de liquidez

liquidity ratio [IMF]

coeficiente de liquidez indice de liquidez [SCN93] razn de liquidez

liquidity risk [securities settlement systems; public debt management; FSIG]

riesgo de liquidez [GISF]

liquidity run

fuga hacia la liquidez fiebre de la liquidez

liquidity squeeze liquidity crisis

contraccin de la liquidez restriccin de la liquidez crisis de liquidez

liquidity transformation

transformacin de la liquidez

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page758

English liquidity trap money trap

Spanish trampa de liquidez trampa monetaria

liquidity/asset ratio liquid assets to total assets liquid asset ratio

razn liquidez/activo activos lquidos/activos totales coeficiente de activos lquidos

liquified natural gas LNG

gas natural licuado

Lisbon agenda [EU]

agenda de Lisboa

Lisbon European Council

Consejo Europeo de Lisboa

Lisbon Strategy [EU]

Estrategia de Lisboa

list price [BPM5]

precio de lista [MBP5] precio de catlogo

list, to [securities; rates]

cotizar en bolsa

listed security quoted security

ttulo cotizado en bolsa valor admitido a cotizacin oficial

listed stock

accin cotizada en la bolsa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page759

English listing

Spanish lista listado

listing of securities

inscripcin de valores en la bolsa admisin de valores en bolsa cotizacin de ttulos en bolsa

literary artistic work

trabajo literario artstico

livelihood

medios de vida subsistencia

livestock

cultivos ganadera

livestock driven across frontiers [BPM5]

ganado arreado que cruce fronteras [MBP5]

livestock for breeding, dairy, draught, etc. [SNA93]

ganado para crianza, leche, tiro, etc. [SCN93]

living trust [trusts] intervivos trust

fideicomiso inter vivos

LM curve

curva LM

loading and unloading of mobile equipment stevedoring

estiba

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page760

English loading charge [BPM5]

Spanish pago de la carga [MBP5]

loading of goods [BPM5]

operacin de carga de bienes [MBP5]

loan

prstamo colocacin emprstito

Loan Administration Change Initiative [IBRD-Strategic Compact] LACI

Iniciativa para la reforma de la administracin de los prstamos

loan agreement

convenio de prstamo contrato de prstamo acuerdo de prstamo [Gua de la deuda, 1993]

loan backed by gold

prstamo con garanta oro

loan claim

crditos por prstamos activos por concepto de prstamos

loan classification

clasificacin de prstamos

loan commitment

compromiso de prstamo oferta de prstamo

loan drawings

giros sobre un prstamo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page761

English loan effectiveness [ADB]

Spanish fecha de entrada en vigor del prstamo

loan guarantee [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

garanta de prstamo [Gua de la deuda, 1993]

loan loss provision [FSIG] allowance for loan losses

previsin para deudas incobrables

loan loss provisioning loan provisioning

previsionamiento (para prstamos incobrables) constitucin de reservas para prstamos incobrables constitucin de reservas para prdidas por concepto de prstamos

loan loss reserve

reservas para prdidas por concepto de prstamos reservas para prstamos incobrables

loan loss loss

deuda incobrable prdida por prstamos incobrables

loan mix

composicin de un prstamo

loan pass-through certificate [IBRD]

certificado de transferencia de prstamos

loan portfolio

cartera de crdito cartera de prstamos cartera crediticia

loan resources

recursos prestables recursos para prstamos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page762

English loan swap

Spanish swap de prstamos canje de prstamos

loan turndown

rechazo de solicitud de prstamo

loan-loss recognition

reconocimiento de los prstamos incobrables

loans as part of development assistance [BPM5]

prstamos como parte de asistencia para el desarrollo

loans extended [BPM5]

prstamos concedidos [MBP5]

loans for bop support [IFS]

prstamos para financiamiento de la balanza de pagos

loans minus repayments

prstamos menos recuperaciones

loans received to finance BOP [IFS]

prstamos recibidos para financiamiento de la balanza de pagos

loans used to finance exports and imports [BPM5]

prstamos para financiar exportaciones e importaciones

loan-to-value ratio LTV ratio

relacin prstamo/valor

local currency clause [Paris Club]

clusula de pagos de contrapartida en moneda nacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page763

English local government social security funds [SNA93]

Spanish fondos de seguridad social del gobierno local [SCN93]

local government subsector [GFSM]

subsector gobierno local [MEFP]

local government [GFSM; SNA93]

gobierno local [MEFP; SCN93]

local identifiability

identificabilidad local

localization

localizacin

localization economies economies of location

economas de la localizacin economas generadas por la localizacin economas de situacin

locally recruited staff [BPM5]

personal local [MBP5]

location of work [IBRD] LOW

localizacin de los servicios desconcentracin

locational international banking statistics [BIS] locational banking statistics [BIS; Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] locational statistics [BIS] locational basis

estadsticas por distribucin geogrfica estadsticas bancarias segn la localizacin geogrfica [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page764

English locational report [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish informe por localizacin geogrfica [Gua de la deuda, 1993]

locational survey

encuesta por pases

lock in reform, to

afianzar las reformas consolidar las reformas

locked-in price [options] locked-in rate

precio acordado tasa acordada

lockout

cierre patronal lockout

locus

lugar geomtrico

logarithmic first difference

primera diferencia logartmica

logarithmic mean

media logartmica

logarithms, common system of

logaritmos decimales, sistema de logaritmos vulgares, sistema de

log-normal distribution

distribucin log(artmico)-normal

Lombard credit

crdito Lombard

Lombard facility

servicio de crdito Lombard

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page765

English Lombard rate

Spanish tasa Lombard

London Approach

enfoque de Londres

London club

club de Londres

London Interbank Bid Rate LIBID

tasa interbancaria de subasta de Londres LIBID

London Interbank Mean Rate LIMEAN

tasa media interbancaria de Londres LIMEAN

London interbank offered rate LIBOR

tasa interbancaria de oferta de Londres Libor

London International Financial Futures Exchange LIFFE

bolsa de futuros financieros de Londres

London Metal Exchange LME

Bolsa de Metales de Londres BML

London terms [Paris Club; Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

condiciones de Londres [Gua de la deuda, 1993]

long- and medium-term debt LMT debt

deuda a largo y mediano plazo

long bank

banco con saldo acreedor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page766

English Long Collegium [IMF]

Spanish Comit de Direccin Amplio

long end of the market

mercado de capitales a largo plazo

long position

posicin sobrecomprada posicin larga

long term bonds [BPM5]

bonos a largo plazo [MBP5]

Long Term Capital Management LTCM

gestin del capital de largo plazo Long Term Capital Management

long term movements [BPM5]

movimientos a largo plazo [MBP5]

long term residential care

atencin domiciliaria prolongada

long term securities [SNA93]

valores de largo plazo [SCN93]

longevity risk

riesgo de longevidad

long-maturities option [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

opcin de vencimiento a largo plazo

long-term

a largo plazo largo plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page767

English long-term bills and bonds [SNA93]

Spanish efectos y bonos a largo plazo [SCN93]

long-term capital

capital a largo plazo

long-term debt ratio

coeficiente de endeudamiento a largo plazo

long-term external debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

deuda externa a largo plazo [Gua de la deuda, 1993]

long-term interest rate long-term rate

tasa a largo plazo tasa de inters a largo plazo

long-term trend

tendencia a largo plazo

loophole

vaco legislativo laguna de la ley laguna de la legislacin escapatoria

Los Cabos Action Plan Los Cabos Growth and Jobs Action Plan

Plan de Accin de Los Cabos Plan de Accin de Los Cabos para el Crecimiento y el Empleo

Los Cabos G20 Summit Los Cabos Summit

Cumbre de Los Cabos

Los Cabos Growth and Jobs Action Plan

Plan de Accin de los Cabos para el Crecimiento y el Empleo

loss and gain balance [SNA93]

estado de prdidas y ganancias [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page768

English loss function

Spanish funcin de prdida

loss-sharing agreement [securities settlement systems] loss sharing rule

acuerdo de distribucin de prdidas

lotteries and gambling

loteras y juegos de azar

low access (to Fund resources)

nivel bajo de acceso (a los recursos del FMI)

low access PRGF arrangements

nivel bajo de acceso a los recursos del SCLP

low frequency data [statistics]

datos de baja frecuencia

low-cost housing

vivienda popular vivienda de bajo costo viviendas de inters social

lower-level substitution bias [CPI]

sesgo de sustitucin de niveles ms detallados (de niveles elementales)

lower-middle-income country LMIC

pas de ingreso mediano bajo PIMB

lower-middle-income-country terms [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

condiciones para pases de ingreso mediano bajo [Gua de la deuda, 1993]

lower-secondary education [GFSM]

educacin secundaria - bsica [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page769

English low-income country under stress LICUS

Spanish pas de bajo ingreso en dificultades

low-income country LIC

pas de bajo ingreso [Gua de la deuda, 1993]

low-inflation country

pas con baja tasa de inflacin pas de baja inflacin

lump sum adjustement

ajuste global

lump sum payment lump sum

tanto alzado cantidad alzada pago de una suma fija suma fija monto global suma global

lumpiness

concentracin indivisibilidad

lumpy investment

inversin concentrada inversin indivisible

Lyon terms [debt restructuring] Lyons terms

condiciones de Lyon [Gua de la deuda, 1993]

Lyons [France]

Lyon

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page770

English machinery and equipment [GFSM; SNA93]

Spanish maquinaria y equipo [MEFP; SCN93]

macro fund

fondo macro

macroaggregate

agregado macroeconmico macroagregado

macrobehavior

comportamiento macroeconmico

macro-critical issue

cuestin esencial para la situacin macroeconmica

macrocritical structural reforms

reformas estructurales crticas desde el punto de vista macroeconmico reformas estructurales macrocrticas

macroeconomic and capacity building credit [IBRD]

crdito macroeconmico y de fortalecimiento de capacidades

Macroeconomic and Financial Management Institute of Eastern and Southern Africa MEFMI Macroeconomic and Financial Management Institute

Instituto de Gestin Macroeconmica y Financiera para frica Oriental y Meridional MEFMI

macroeconomic balance approach

enfoque de equilibrio macroeconmico metodologa de equilibrio macroeconmico

macroeconomic balance exchange rate MBER

tipo de cambio de equilibrio macroeconmico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page771

English Macroeconomic Imbalance Procedure MIP

Spanish procedimiento de desequilibrio macroeconmico PDM

macroeconomic management

gestin macroeconmica

macroeconomic model

modelo macroeconmico

macroeconomic policies

polticas macroeconmicas

macroeconomic policy

poltica macroeconmica

macroeconomic stability macro stability macrostability

estabilidad macroeconmica macroestabilidad

Macroeconomic Studies Division [RES/MT]

Divisin de Estudios Macroeconmicos

macroeconomics

macroeconoma

macro-financial linkage macrofinancial linkages

vnculos macrofinancieros nexos macrofinancieros

macrofinancial stability

estabilidad macrofinanciera

macrofiscal framework

marco macrofiscal

macrofiscal management coordination

coordinacin de la gestin macrofiscal

macroprudential

macroprudencial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page772

English macroprudential analysis

Spanish anlisis macroprudencial

macroprudential framework

marco macroprudencial

macroprudential indicator MPI

indicador macroprudencial IMP

macroprudential policy

poltica macroprudencial

macroprudential regulation

regulacin macroprudencial

macroprudential risk

riesgo macroprudencial

macroprudential tools

instrumentos macroprudenciales herramientas macroprudenciales

mad cow disease bovine spongiform encephalopathy BSE

enfermedad de las vacas locas

Maghreb

Magreb

Maghreb Permanent Consultative Committee CPCM

Comit Consultivo Permanente del Maghreb CPCM

Mail Center [IMF-SEC]

Centro de Servicios de Correo

mail fees [BPM5]

derechos por servicios postales [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page773

English mail room asssistant

Spanish auxiliar del servicio de correos

Mail Room [IMF-ADM]

Sala de Correo

mail [BPM5]

correo

mailbox rentals [BPM5]

alquiler de casillas postales [MBP5]

main aggregates [SNA93]

principales agregados [SCN93]

main heading

ttulo principal epgrafe principal

main output [SNA93]

produccin principal [SCN93]

main product [SNA93]

producto principal [SCN93]

main refinancing operation [ECB] MRO

operacin principal de refinanciacin

mainframe computer

ordenador central computador(a) central

mainframe computing services

servicios centralizados de computacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page774

English Mainland China China: The Mainland China, P.R.: Mainland

Spanish China continental (R.P.) territorio continental de la Repblica Popular de China

mainstream, to

integrar

mainstreaming

generalizacin asimilacin integracin

maintenance

mantenimiento [MBP6; SCN93]

maintenance and repair

mantenimiento y reparaciones [MBP5]

maintenance call [stock exchange] margin call

demanda de cobertura suplementaria

maintenance of value obligation [IMF]

obligacin de mantenimiento del valor (de las tenencias de DEG) obligacin de mantener el valor

maintenance of value [IMF]

mantenimiento de valor

major borrowers

principales pases prestatarios

major classifications [BPM5]

principales clasificaciones [MBP5] clasificaciones principales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page775

English major improvements to non-produced non-financial assets [SNA93]

Spanish mejoras importantes a los activos no financieros no producidos [SCN93]

major industrial countries

principales pases industriales

major oil exporters

principales exportadores de petrleo

major repairs [SNA93]

reparaciones mayores [SCN93]

majority action clause [debt]

clusula de decisin por mayora

majority creditor [London Club]

acreedor mayoritario

majority enforcement provision

disposicin sobre cumplimiento por mayora

majority ownership [corporations] majority interest majority control controlling interest

participacin mayoritaria control accionario

majority restructuring provision

disposicin sobre reestructuracin por mayora

majority-owned affiliates [BPM5]

filiales de propiedad mayoritaria [MBP5]

make-up

composicin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page776

English Making the Global Economy Work for Everyone

Spanish Por una economa mundial para todos

maladjustment

desajuste desequilibrio

managed float dirty float

flotacin regulada flotacin controlada flotacin dirigida flotacin impura flotacin sucia

managed floating with no predetermined path for the exchange rate [IMF exchange rate classification system, 2006]

flotacin dirigida sin una trayectoria predeterminada del tipo de cambio

managed rate

tipo de cambio dirigido tipo de cambio regulado tipo de cambio controlado

managed trade

comercio dirigido [WTO] comercio regulado comercio controlado

Management Assessment Center [IMF-IBRD] MAC

Centro de Evaluacin de la Capacidad de Gestin

management consultant

consultor de administracin de empresas consultor en materia de gestin

management culture

idiosincracia empresarial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page777

English Management Development and Assistance Section [ADM/SD/MD] MDA

Spanish Seccin de Perfeccionamiento y Asistencia para el Personal de Direccin

Management Development Center [IMF-HRD] MDC

Centro de Perfeccionamiento del Personal de Direccin

Management Development Programme [UNDP]

Programa de Desarrollo de la Capacidad de Gestin

Management Development Section [HRD/SD/MD]

Seccin de Perfeccionamento del Personal de Direccin

management fee [securities]

comisin de gestin comisin por administracin honorario por administracin

Management Implementation Plan MIP

Plan de Accin de la Gerencia

Management Information Section [IMF-OBP/BS/IS]

Seccin de Gestin de la Informacin

management information system MIS

sistema de informacin al servicio de la gestin sistema de informacin a la direccin

management letter [IMF]

carta de recomendaciones carta de gerencia

management reporting system [FSIG]

sistema de gestin de la informacin [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page778

English management representation letter representation letter

Spanish carta de representacin de la gerencia carta de representacin del cliente

management services [BPM5]

servicios de gerencia [MBP5]

Management [IMF]

Gerencia, la

manager

gerente administrador director

Manager of the Visitors' Center

Director del Centro de Informacin del FMI

Manager, Technology Training [IMF-TGS]

Administrador de Servicios de Capacitacin Tecnolgica

managerial

gerencial empresarial directivo

managerial accounting management accounting

contabilidad gerencial

managerial know-how

capacidad gerencial

managing director [IBRD]

director gerente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page779

English Managing Director [IMF-OMD] MD

Spanish Director Gerente Directora Gerente

Managing Director, Acting [IMF-OMD]

Director Gerente Interino

Managing Director, Temporary Acting [IMF-OMD]

Director Gerente Interino temporal

Managing Director's Speech [IMF document series; MD/SP/...]

discurso del Director Gerente

Managing Editor

Jefe de Redaccin

mandatory plan

plan imperativo, preceptivo

mandatory prepayment clause [London Club]

clusula de pago anticipado obligatorio

mandatory repurchase [IMF]

recompra obligatoria

mandatory rescheduling compulsory rescheduling

reprogramacin obligatoria

man-day staff-day person-day

da-hombre da-persona da-empleado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page780

English man-hour staff-hour

Spanish hora-hombre hora-persona hora-empleado

Manila Framework Group

Grupo Marco de Manila

manipulate exchange rates, to [AA]

manipular los tipos de cambio

Mano River Union

Unin del Ro Mano

Manual on Fiscal Transparency [IMF]

Manual de Transparencia Fiscal

Manual on Statistics of International Trade in Services [UN]

Manual de estadsticas del comercio internacional de servicios

manufactured goods manufactures

manufacturas productos manufacturados productos elaborados

manufacturing employment

empleo desestacionalizado empleo (en el sector) industrial empleo manufacturero

manufacturing industry manufacturing sector manufacturing

sector industrial sector de transformacin manufacturas industria manufacturera industria fabril sector manufacturero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page781

English manufacturing production [IFS]

Spanish produccin manufacturera

manufacturing production, seasonally adjusted [IFS]

produccin manufacturera, desestacionalizada

many [IMF]

muchos

man-year staff-year person-year

ao-hombre ao-empleado ao-persona

map, to

aplicar

margin

margen [SCN93] depsito de garanta [MEFP]

margin account

cuenta de margen cuenta para comprar al margen cuenta para operaciones en descubierto

margin financing

financiamiento mediante cuentas de margen financiamiento de mrgenes

margin interest

intereses sobre cuentas de margen

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page782

English margin payment [BPM5]

Spanish pago de la porcin del precio de las opciones que necesariamente deben ser al contado [MBP5] prima de garanta

margin requirement

peticin de margen

marginal borrower

prestatario marginal

marginal cost

costo marginal

marginal cost pricing

determinacin del precio en funcin del costo marginal

marginal distribution [statistics]

distribucin marginal

marginal lending facility [Eurosystem]

facilidad de prstamo marginal

marginal propensity to consume

propensin marginal al consumo propensin marginal a consumir

marginal propensity to save

propensin marginal al ahorro propensin marginal a ahorrar

marginal rate of tax [taxation]

tasa marginal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page783

English marginal reserve requirement MRR

Spanish encaje marginal [SCN93] coeficiente marginal de encaje coeficiente marginal de reserva obligatoria

marginal revenue product of capital MRPK

producto marginal del capital

marginal margin, at the

marginal

marginalization social alienation

marginacin exclusin social

marine and aviation insurance [BPM5]

seguro martimo y areo [MBP5]

Maritime Division

Divisin Martima

marked-to-market [FSIG]

ajustado al valor del mercado [GISF]

marked-to-model

valoracin segn modelo

marker crude [petroleum]

crudo de referencia, indicador

market access overall trade restrictiveness index MA-OTRI

ndice global de restriccin del comercio basado en el acceso al mercado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page784

English market activities [SNA93]

Spanish actividades de mercado [SCN93]

market borrower [BPM5]

pas prestatario en el mercado financiero [MBP5]

market borrowers

prestatarios en los mercados

market breadth

amplitud del mercado diversificacin del mercado

market capitalization [enterprises] market cap MCAP

capitalizacin burstil capitalizacin de mercado capitalizacin en el mercado

market clearing price clearing price

precio de equilibrio del mercado precio de equilibrio

market clearing market clearance

desatascamiento del mercado establecimiento del equilibrio del mercado

market confidence

confianza del mercado

market discipline

disciplina de(l) mercado

market disruption

perturbacin del mercado

market economy market-oriented economy

economa de mercado economa orientada al mercado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page785

English market establishment [GFSM 2001]

Spanish establecimiento de mercado [MEFP]

market failure

ineficacia del mercado imperfeccin del mercado deficiencia del mercado falla de mercado fallo del mercado [ESP] mal funcionamiento del mercado

market financing

financiamiento de mercado

market firming up

estabilizacin del mercado

market forces

fuerzas del mercado

market GDP

PIB de mercado

market glut

saturacin del mercado sobreoferta

market gold sales

ventas de oro en el mercado

market information systems based on rural radio and short messaging systems

sistemas de informacin sobre el mercado por radio y mediante mensajes de texto para las zonas rurales

market integrity

integridad del mercado

market intelligence

inteligencia del mercado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page786

English market maker

Spanish agente creador de mercado creador de mercado [ARG] formador de mercado [MEX]

market making

creacin de mercado operaciones de creacin de mercado

market making facility

servicio de creacin de mercado

market meltdown

desplome de los mercados

market neutrality

neutralidad frente al mercado

market niche

segmento del mercado

market output [GFSM 2001; SNA93]

produccin de mercado [MEFP; SCN93]

market output, except in trade [SNA93]

produccin de mercado, excepto en comercio [SCN93]

market power

poder de mercado influencia en el mercado

market price

precio de mercado

market price equivalent

equivalente de precios de mercado

market producer

productor de mercado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page787

English market product

Spanish producto de mercado

market rate

tasa del mercado tasa de mercado tasa de inters de mercado

market rate/par or central rate [IFS]

tipo de mercado/paridad o tipo central

market related market oriented market based

orientado al mercado basado en criterios de mercado en condiciones de mercado

market saturation

saturacin del mercado

market SDR

DEG de mercado

market sentiment

actitud del mercado

market share

participacin en el mercado cuota de mercado

market sharing arrangement

acuerdo de distribucin del mercado acuerdo de reparticin de mercados

market size

tamao del mercado dimensin del mercado magnitud del mercado

market stock [SNA93]

bolsa de valores [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page788

English market stress

Spanish fatiga causada por el mercado tensin creada por el mercado

market terms commercial terms hard terms conventional terms conventional market terms

condiciones del mercado condiciones ordinarias condiciones corrientes

market tightness

rigidez del mercado

market timing

market timing aprovechar los movimientos del mercado sensibilidad inversora llevar el tiempo al mercado

market turnover

volumen de negocios de mercado

market valuation [BPM5; Debt Guide, 1993; Balance of Payments Manual 5th edition; External Debt Statistics: Guide for Compilers and Users, 1993]

valoracin de mercado [MBP5; Gua de la deuda, 1993]

market value added [SNA93]

valor agregado de mercado [SCN93]

market yield

rentabilidad de mercado rendimiento de mercado

marketable good

bien comerciable bien comercializable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page789

English marketable promisory notes [BPM5]

Spanish pagars negociables [MBP5]

market-based approach

enfoque basado en el mercado enfoque basado en tcnicas de mercado

market-based debt reduction

operaciones de reduccin de la deuda basadas en el mercado

market-friendly policy market-oriented policy

poltica favorable a la economa de mercado poltica orientada al mercado

marketing board

junta de comercializacin

marketing facilities marketing channels

circuitos de comercializacin medios de comercializacin

market-oriented reforms

reformas pro mercado reformas de mercado reformas orientadas al mercado

market-related price

precio relacionado con el de mercado

market-related terms [lending]

condiciones de mercado

market-sensitive information market-sensitive data

informacin sensible para los mercados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page790

English marking to market [securities settlement systems]

Spanish liquidacin (diaria) de prdidas y ganancias ajuste al valor de mercado actualizacin del valor de una posicin liquidacin de posiciones

mark-to-market loss

prdida por actualizacin a precios de mercado

mark-to-market mark a position to market mark to the market MTM

revaluar una posicin a precios de mercado actualizar la valoracin de una posicin valorar al precio de mercado

markup mark-up [SNA93]

margen de beneficio margen de utilidad margen de comercializacin margen comercial [SCN93]

Mashreq Arab Mashreq

Mashreq

mass media media [BPM5]

medios de comunicacin [MBP5] medios de comunicacin (de masas, social, masiva)

master sample

muestra maestra

matched currency position

posicin equilibrada en monedas

matching aspects [BPM5]

aspectos correlativos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page791

English matching counterpart [BPM5]

Spanish asiento de contrapartida [MBP5]

matching credit and debit aspects (of a transaction) [BPM5]

aspectos correlativos de crdito y dbito [MBP5]

matching grant [public finance]

subvencin de contrapartida subvencin proporcional subvencin compensatoria

matching offset

asiento compensatorio

matching [securities settlement systems] comparison checking

emparejamiento ajuste

materiality [BPM6]

importancia [MBP6]

materially noncompliant [BIS]

sustancialmente no conforme sustancialmente incumplido sustancialmente disconforme

materials and supplies [GFSM 2001; SNA93]

materiales y suministros [MEFP; SCN93]

matrix calculus

clculo matricial

matrix management multiple channel management

gestin matricial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page792

English matrix notation

Spanish notacin matricial

matrix [SNA93]

matriz [SCN93]

mature market

mercado maduro

mature stabilizer

pas en una etapa avanzada del proceso de estabilizacin

mature technology

tecnologa madura tecnologa establecida

mature [finance]

vencer

maturity date maturity

vencimiento fecha de vencimiento

maturity distribution [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] maturity breakdown maturity profile [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] maturity structure [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] repayment profile

desglose por vencimientos [Gua de la deuda, 1993] perfil de vencimientos estructura de vencimientos [Gua de la deuda, 1993] estructura de los reembolsos perfil de reembolsos calendario de vencimientos [Gua de la deuda, 1993]

maturity extension program MEP

programa de prrroga de vencimientos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page793

English maturity mismatch maturity gap

Spanish desfase de vencimientos descalce de vencimientos

maturity period [Paris Club]

perodo de vencimiento

maturity transformation

transformacin de los vencimientos

maturity value [GFSM]

valor al vencimiento [MEFP]

maximum access entitlement [IMF]

lmite mximo de acceso lmite mximo de acceso a los recursos del FMI

maximum likelihood

mxima verosimilitud

maximum likelihood method [statistics]

mtodo de mxima verosimilitud

maximum potential loss method [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

mtodo basado en el registro de la prdida potencial mxima

MDG Africa Steering Group [UN]

Grupo Directivo sobre los Objetivos de Desarrollo del Milenio en frica

MDRI-I Trust

Cuenta Fiduciaria de la IADM-I

MDRI-II Trust

Cuenta Fiduciaria de la IADM-II

mean absolute error

error medio absoluto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page794

English mean deviation

Spanish desviacin media

mean point

punto medio

mean square

media cuadrtica

mean square deviation

desviacin cuadrtica media

mean value

valor medio

means of payment

medio de pago

means tested benefit

prestacin condicionada al nivel de recursos prestacin condicionada al nivel de ingresos prestacin condicionada al nivel de patrimonio

means-tested assistance

asistencia condicionada al nivel de recursos del beneficiario asistencia condicionada al patrimonio

mean-variance framework analysis

anlisis basado en la media y la varianza

measure of central tendency regression line

medida de la tendencia central

measure of dispersion

medida de dispersin

measure of location

medida de posicin

measure of skewness

medida de asimetra

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page795

English measure of variability

Spanish medida de variabilidad

measured inflation

inflacin observada, constatada, medida

measurement bias

sesgo de medicin

measurement by means of an international transactions reporting system [BPM5]

medicin usando un sistema de notificacin de transacciones internacionales

measurement by means of enterprise surveys [BPM5]

medicin usando encuestas empresariales

measurement by means of household expenditure surveys [BPM5]

medicin usando encuestas de gastos de unidades familiares

measurement by means of international trade statistics [BPM5]

medicin usando estadsticas del comercio internacional

measurement by means of [BPM5]

medicin usando datos del

measurement in an international transaction reporting system [BPM5]

medicin en un sistema de notifacacin de transacciones internacionales

measurement in official sources [BPM5]

medicin en fuentes oficiales

measurement of noncash transactions in an international transactions reporting system [BPM5]

medicin de transacciones que no entraan efectivo en un sistema de notificacin de transacciones internacionales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page796

English measurement of transactions by means of enterprise surveys [BPM5]

Spanish medicin de transacciones usando encuestas empresariales

measurement of transactions by means of official sources [BPM5]

medicin de transacciones usando fuentes oficiales

measurement using data from international institutions [BPM5]

medicin utilizando datos de instituciones internacionales

Media Relations Division [EXR/MR]

Divisin de Relaciones con los Medios

median [statistics]

mediana

Medicaid [USA]

plan de asistencia mdica para personas sin recursos

medical and maternity center services [GFSM]

servicios de centros mdicos y de maternidad [MEFP]

Medical Benefits Plan [IMF] MBP

Plan de Prestaciones Mdicas

medical products, appliances, and equipment [GFSM]

productos, aparatos y equipos mdicos [MEFP]

medical services [BPM5]

servicios mdicos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page797

English medical supplies [BPM5]

Spanish medicinas y material mdico [MBP5]

medicaments, prostheses, medical equipment and appliances, or other prescribed health-related products [GFSY]

medicamentos, prtesis, equipo mdico y aparatos ortopdicos u otros productos de prescripcin relacionados con la salud

Medicare [USA]

plan de asistencia mdica para ancianos e incapacitados

Mediterranean Action Plan [UNEP, environment]

Plan de Accin para el Mediterrneo

medium crude (oil) [petroleum]

petrleo crudo de densidad media

medium of exchange

medio de cambio instrumento de cambio

Medium Term Development Framework MTDF

marco de desarrollo a mediano plazo

medium variant [statistics]

variante media

medium-term budgetary framework MTBF

marco presupuestario a mediano plazo

medium-term expenditure framework MTEF

marco de gasto a mediano plazo MGMP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page798

English medium-term financial assistance [EC] MTFA

Spanish asistencia financiera a mediano plazo AFMP

medium-term instrument [IMF]

instrumento a mediano plazo

medium-term interest rate medium-term rate

tasa de inters a mediano plazo tasa a mediano plazo tasa a plazo medio

medium-term loan

prstamo a plazo medio prstamo a mediano plazo

medium-term strategy MTS

Estrategia a Mediano Plazo

meeting [clearing houses]

sesin de canje sesin

Meetings Arrangements Unit [SEC/OP/MA]

Unidad de Preparativos de las Reuniones

member country [IMF] member [IMF]

pas miembro pas

member in deficit

pas miembro con dficit de balanza de pagos

member in surplus [AA]

pas miembro con supervit (de balanza de pagos)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page799

English membership dues membership fees

Spanish cuotas de admisin cuotas

Membership Engagement Division [IMF-SEC]

Divisin de Relaciones con los Pases Miembros

membership fees paid to international organizations [BPM5]

cuotas de organismos internacionales

membership resolution [IMF]

resolucin de admisin

membership [IMF]

pases miembros calidad de miembro

memorandum account

cuenta de orden

memorandum entry memorandum item

partida informativa pro memoria

Memorandum from the Managing Director to Members of the Staff on (...)

Memorndum del Director Gerente a los funcionarios (del FMI) sobre (...)

memorandum of understanding [IMF] MOU

memorando de entendimiento

Memorandum on Economic and Financial Policies [IMF] MEFP

Memorando de Poltica Econmica y Financiera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page800

English memorandum series [FSIG]

Spanish serie informativa [GISF]

memorandum table [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

cuadro de partidas informativas [Gua de la deuda, 1993]

memory recall [BPM5]

memoria

mentoring program [IMF]

programa de mentores para nuevos empleados programa de mentores

menu approach [debt]

mtodo de la lista de opciones men de opciones enfoque del men

menu item [debt]

opcin del men

merchandise

mercadera mercanca

merchandise component [BPM5]

componente mercancas [MBP5]

merchandise insurance [BPM5]

seguros de mercancas [MBP5]

merchandise item [BPM5]

partida de mercancas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page801

English merchandise trade

Spanish comercio de mercancas [MBP5]

merchandise transaction

transaccin de mercancas

merchandise: exports F.O.B. [IFS]

mercancas: exportacin, F.O.B.

merchandise: imports F.O.B. [IFS]

mercancas: importacin, F.O.B.

merchanting and other trade-related services [BPM5]

servicios de compraventa y otros servicios relacionados con el comercio [MBP5]

merchanting transaction [BPM5]

transaccin de compraventa [MBP5]

merchanting commodities arbitrage

compraventa comercializacin

merchanting, measurement of [BPM5]

compraventa, medicin de

merge, to [IT] collate, to

fusionar (archivos) intercalar mezclar

merger [enterprises]

fusin incorporacin absorcin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page802

English mergers and acquisitions [enterprises]

Spanish fusin y adquisicin de empresas

merging of world economies

integracin mundial de las economas

merit good

bien de inters social

merit increase

aumento por mrito

Messenger [IMF]

Mensajero

Metadata Common Vocabulary MCV

vocabulario comn de metadatos

metadata [EBBS; BPM6]

metadatos [MBP6]

metallic mineral reserves [SNA93]

reservas de minerales metlicos [SCN93]

method of differences

mtodo de las diferencias

Methodology for Assessing Compliance with Anti-Money Laundering and Combating the Financing of Terrorism Standard

Metodologa de evaluacin del cumplimiento de normas de lucha contra el lavado de dinero y el financiamiento del terrorismo

methodology [BPM5]

metodologa

metropolitan currency [AA]

moneda de la metrpoli

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page803

English Mexico/Latin Caribbean Division [WHD/ML]

Spanish Divisin de Mxico y los Pases Latinos del Caribe

mezzanine financing [IFC] mezzanine capital mezzanine investment mezzanine loan

financiamiento anterior a la primera colocacin

MIC report Report of The Working Group on Enhancing World Bank Support to Middle-Income Countries

Informe sobre los pases de mediano ingreso

microbehavior

comportamiento microeconmico

microcredit microlending

microcrdito

microfinance institution MFI

institucin de microfinanciamiento institucin de microcrdito

microprudential regulation

regulacin microprudencial

Middle East and Central Asia Department [IMF] MCD

Departamento del Oriente Medio y Asia Central

Middle East and Central Asia Economic Outlook

Perspectivas econmicas regionales de Oriente Medio y Asia Central

Middle East and Central Asia Regional Division [MCM/R4]

Divisin de la Regin de Oriente Medio y Asia Central

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page804

English Middle East and North Africa Financial Action Task Force MENAFATF

Spanish Grupo de Accin Financiera para Oriente Medio y Norte de frica Grupo de accin financiera para Oriente Medio y el Norte de frica GAFI - Oriente Medio

Middle East and North Africa region MENA region MENA countries MENA

pases de OMNA regin de OMNA Oriente Medio y Norte de frica OMNA

Middle East Division/Area MCD

Divisin/Regin de Oriente Medio

Middle East Technical Assistance Center [IMF] METAC

Centro de Asistencia Tcnica del Oriente Medio METAC

Middle Eastern Department [IMF]

Departamento del Oriente Medio

Middle Eastern Division [INS/MS]

Divisin de Oriente Medio

Middle Eastern oil exporters

pases del Oriente Medio exportadores de petrleo

middle office

middle office oficina de anlisis de riesgo

middle rate midpoint rate [BPM5]

tipo de cambio intermedio tipo intermedio [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page805

English middle-income countries [World Bank] MIC countries MICs

Spanish pases de ingreso mediano [WB]

middle-income country under stress MICUS

pas de mediano ingreso en dificultades

middle-income trap

trampa del ingreso medio

mid-market spot exchange rate [FSIG]

tipo de cambio intermedio al contado [GISF]

midpoint between buying and selling rates [BPM5]

punto medio entre el tipo comprador y vendedor [MBP5]

midpoint spot rate [BPM5]

tipo intermedio al contado

mid-point midpoint

punto medio

mid-term baseline scenario

escenario de referencia a mediano plazo escenario base a mediano plazo

midterm review [IMF programs]

examen de mitad de perodo revisin de mitad de perodo

Midwest African Division [IMF-AFR]

Divisin de Africa del Centro Oeste

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page806

English mid-year population

Spanish poblacin a mediados de ao

midyear review [IMF]

examen de mitad de ejercicio examen de mitad de ao revisin de medio ejercicio

migrants' effects [BPM5]

efectos personales de emigrantes e inmigrantes [MBP5]

migrants' remittances [SNA93]

remesas de emigrantes remesas de migrantes [SCN93]

migrants' transfers [BPM5]

transferencias de emigrantes [MBP5]

milestones [UN]

hitos

military durables [SNA93]

bienes durables de uso militar [SCN93]

military equipment [BPM5]

equipo militar [MBP5]

military establishments [BPM5]

establecimientos militares [MBP5]

military units and agencies abroad [BPM5]

unidades y organismos militares en el extranjero [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page807

English Millennium Africa Renaissance Program Millennium Program for the Renaissance of Africa

Spanish Programa del milenio para el renacimiento africano

Millennium Challenge Account [USA] MCA

Cuenta del Reto del Milenio MCA

Millennium Challenge Corporation

Corporacin del Reto del Milenio

Millennium Development Goals MDG

Objetivos de Desarrollo del Milenio ODM

Millennium Round of Multilateral Trade Negotiations Millennium Round

Ronda de Negociaciones Comerciales Multilaterales del Milenio Ronda del Milenio

mineral exploration

exploracin mineral prospeccin mineral

mineral exporters

exportadores de minerales

mineral fuels

combustibles fsiles

mineral rights

derechos sobre yacimientos de minerales derechos de explotacin minera derechos mineros

minimax estimator

estimador minimax

minimum acceptable bid stop-out price cut-off price

precio de oferta mnimo aceptable oferta mnima aceptable precio de corte

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page808

English minimum bid rate [Eurosystem] main refinancing rate

Spanish tasa de oferta mnima

minimum distance estimator

estimador a distancia mnima

minimum living wage

salario mnimo vital

minimum national social data set MNSDS

conjunto mnimo de datos sociales nacionales

minimum variance estimator

estimador de variancia mnima

minimum wage

salario mnimo salario mnimo

minimum wage in industry

salario mnimo en el sector industrial salario mnimo industrial

mining

minera industria minera

mining and mineral resources, manufacturing, and construction [GFSY]

minera y recursos minerales, manufacturas y construccin

mining employment, seasonally adjusted [IFS]

empleo en minera, desestacionalizado

mining of mineral resources other than mineral fuels [GFSM]

extraccin de recursos minerales excepto combustibles minerales [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page809

English mining production, seasonally adjusted [IFS]

Spanish produccin minera, desestacionalizada

mining, manufacturing, and construction [GFSM]

minera, manufacturas y construccin [MEFP]

Ministerial Conference of the G-8 Countries on Combating Transnational Organized Crime

Conferencia Ministerial de los pases del G8 sobre la lucha contra la delincuencia transnacional organizada

Ministers of finance

Ministros de hacienda

Ministry of Finance

Ministerio de Hacienda y Crdito Pblico [Colombia; Nicaragua] Ministerio de Hacienda [Chile; Costa Rica; El Salvador; Paraguay; Bolivia;] Ministerio de Finanzas [Venezuela] Ministerio de Finanzas Pblicas [Guatemala] Ministerio de Economa y Finanzas [Ecuador; Per] Ministerio de Finanzas

Ministry of Health [Equatorial Guinea]

Ministerio de Sanidad

mini-theater [IMF Center]

sala de proyecciones

minority creditor

acreedor minortario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page810

English mint [coinage]

Spanish casa de la moneda

mintage

acuacin

minus infinity

infinito negativo

minus sign indicates debit [IFS]

el signo menos indica un dbito

minutes [IMF, Executive Board]

acta (de la reunin)

misalignment

desajuste desalineacin

misallocation of resources

asignacin desacertada de los recursos asignacin ineficiente de los recursos

miscellaneous and unidentified revenue [GFSM]

ingresos diversos y no identificados [MEFP]

miscellaneous business, professional, and technical services [BPM5]

servicios empresariales, profesionales y tcnicos varios [MBP5]

miscellaneous current transfers [SNA93]

transferencias corrientes diversas [SCN93]

miscellaneous other accounts receivable/payable [GFSM]

otras cuentas por cobrar/por pagar diversas [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page811

English miscellaneous other capital expense [GFSM]

Spanish otros gastos diversos de capital [MEFP]

miscellaneous other current expense [GFSM]

otros gastos diversos corrientes [MEFP]

miscellaneous other expense

otros gastos diversos

miscellaneous other revenue [GFSM]

otros ingresos diversos [MEFP]

miscellaneous transportation [BPM5]

servicios diversos de transporte [MBP5]

mishandling of funds [BPM5]

administracin irresponsable [MBP5]

misinvestment

inversiones inadecuadas

mismatch ratio

coeficiente de asimetra

misreporting [IMF]

declaracin de datos inexactos

missile carrier [GFSM]

portamisiles [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page812

English mission chief [IMF] mission head head of mission chief of mission

Spanish jefe de misin jefe de la misin

mission creep [IMF]

expansin de la misin desborde de las esferas de incumbencia

mission report [IMF]

informe de la misin

misspecification, model

error de especificacin de un modelo

mixed credit [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

crdito mixto [Gua de la deuda, 1993]

mixed income [BPM6; SNA93]

ingreso mixto [MBP6; SCN93]

mixed income, gross [SNA93]

ingreso mixto, bruto [SCN93]

mixed income, net [SNA93]

ingreso mixto, neto [SCN93]

mixed prices [SNA93]

precios mixtos [SCN93]

mobile equipment [BPM5]

equipo mvil [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page813

English mobility

Spanish movilidad

Mobilizing Financing for Development [IMF, WB]

Movilizacin de financiamiento para el desarrollo

modal tariff [customs]

arancel modal

mode [statistics]

moda

model form

formulario modelo

model of a simple ITRS [BPM5]

modelo de un sistema sencillo del Sistema de Transacciones Internacionales

model questionnaire [BPM5]

modelo de cuestionario

model with distributed lags

modelo con retardos escalonados

model with errors in the variables

modelo con errores en las variables

moderately indebted low-income country MILIC

pas de bajos ingresos moderadamente endeudado

moderately indebted middle-income country MIMIC

pas de medianos ingresos moderadamente endeudado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page814

English Modern Portfolio Theory MPT portfolio theory

Spanish teora moderna de la cartera teora de la cartera

modifying the simple model [BPM5]

modificacin del modelo sencillo

moment about the true origin, first

momento de primer orden respecto al origen verdadero

moment [mathematics]

momento

MONA Database Officer [IMF-PDR]

Responsable de la base de datos MONA

monetary aggregate anchor [IMF monetary policy framework classification system, 2006]

uso de un agregado monetario como ancla

monetary aggregate M1, M2, etc.

agregado monetario

Monetary and Capital Markets Department MCM

Departamento de Mercados Monetarios y de Capital

Monetary and Exchange Affairs Department [IMF] MAE

Departamento de Asuntos Monetarios y Cambiarios

Monetary and Exchange Policy Analysis Division [MAE/ME]

Divisin de Anlisis de las Polticas Monetaria y Cambiaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page815

English Monetary and Exchange Policy Review Division

Spanish Divisin de Examen de las Polticas Monetaria y Cambiaria

Monetary and Exchange Regimes Division [MCM/ME]

Divisin de Regmenes Monetarios y Cambiarios

Monetary and Financial Statistics Manual MFSM

Manual de estadsticas monetarias y financieras MEMF

Monetary and Financial Systems Department [IMF] MFD

Departamento de Sistemas Monetarios y Financieros

Monetary and Foreign Exchange Operations Division Monetary and Forex Operations Division

Divisin de Operaciones Monetarias y Cambiarias

Monetary and Macroprudential Policies Division [MCM/MP] MP

Divisin de Polticas Monetarias y Macroprudenciales

monetary approach [BOP]

enfoque monetario

monetary asset

activo monetario

monetary authorities

autoridades monetarias

monetary authorities subsector

subsector de las autoridades monetarias

monetary authorities: other liabilities

autoridades monetarias: otros pasivos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page816

English monetary board

Spanish junta monetaria comisin monetaria

monetary conditions

condiciones monetarias

monetary conditions index MCI

ndice de las condiciones monetarias [WEO, Oct. &#39;97]

monetary control

control monetario

monetary correction [SNA93]

correccin monetaria [SCN93]

monetary dominance

dominancia monetaria predominio monetario predominio de la poltica monetaria dominio de la poltica monetaria

monetary easing easing of monetary policy

aplicacin de una poltica monetaria ms expansiva

monetary economics

economa monetaria

monetary economy monetized economy

economa monetizada economa monetaria

monetary equilibrium

equilibrio monetario

monetary erosion

erosin monetaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page817

English monetary financing monetary financing of the public sector deficits

Spanish financiamiento monetario financiamiento monetario del dficit del sector pblico

monetary flow

flujo monetario

monetary gold

oro monetario

monetary gold and SDRs [GFSM; SNA93]

oro monetario y DEG [MEFP; SCN93]

monetary gold stock

masa de oro monetario

monetary group

bloque monetario

monetary instability

inestabilidad monetaria

monetary institution

institucin monetaria

monetary liabilities [IFS]

pasivos monetarios

monetary management

gestin monetaria regulacin monetaria

Monetary Management/Central Banking Division

Divisin de Gestin Monetaria y Banca Central

Monetary Operations Division

Divisin de Operaciones Monetarias

monetary policy

poltica monetaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page818

English monetary policy framework

Spanish marco de poltica monetaria rgimen de poltica monetaria

monetary policy instrument [SNA93]

instrumento de poltica monetaria [SCN93]

monetary public corporations [MFSM 2000, GFSM 2001]

corporaciones pblicas monetarias [MEFP]

monetary reserves

reservas monetarias

monetary standard money standard

patrn patrn monetario

monetary survey [IFS]

panorama monetario

monetary target money supply target

meta monetaria objetivo monetario

monetary targeting strategy intermediate monetary targeting monetary targeting

estrategia de objetivos monetarios estrategia de objetivos intermedios de tipo monetario

monetary theory

teora monetaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page819

English monetary tightening tight monetary policy tightening monetary restraint monetary stringency tight money tight money policy

Spanish austeridad monetaria restriccin monetaria contraccin monetaria aplicacin de una poltica monetaria restrictiva poltica monetaria restrictiva

monetary transaction [SNA93]

transaccin monetaria [SCN93]

monetary transmission transmission of monetary policy impulses

transmisin monetaria

monetary union

unin monetaria

Monetary Union of Equatorial Africa

Unin Monetaria del frica Ecuatorial

monetary veil veil of money

velo monetario

monetization

monetizacin

monetization of gold

monetizacin del oro

monetization of government debt monetization of the deficit

monetizacin de la deuda pblica monetizacin del dficit

monetization of the economy

monetizacin de la economa [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page820

English money

Spanish dinero [MEFP; SCN93] moneda

money and banking statistics [IMF]

estadsticas monetarias y bancarias

money creation

creacin de dinero creacin monetaria

money destruction

destruccin del dinero

money illusion

ilusin monetaria

money income nominal income

ingreso nominal ingreso monetario

money laundering reporting officer [money laundering] MLRO

funcionario encargado de declarar actividades de lavado de dinero

money laundering ML

blanqueo de capitales lavado de activos lavado de dinero blanqueo de dinero

money market desk

mesa de dinero

money market instrument [BPM5; BPM6; Debt Guide, 1993; IFS]

instrumento del mercado monetario [MBP5; Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page821

English money market instruments and financial derivatives [BPM5]

Spanish instrumentos del mercado monetario e instrumentos financieros derivados [MBP5]

money market manager

administrador de fondos de inversin en el mercado monetario

money market mutual fund shares [USA] MMMF shares

cuota partes de fondos de inversin en el mercado monetario

money market mutual fund MMMF money market fund MMF

fondo del mercado monetario fondo comn de inversiones en el mercado monetario fondo de inversin en el mercado monetario

money market [FSIG]

mercado del dinero mercado monetario [GISF] mercado de dinero

money multiplier

multiplicador monetario multiplicador del dinero

money order [SNA93] MO

giro [SCN93]

money rate [interest]

costo del dinero tasa de inters tasa de inters a corto plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page822

English money supply [SNA93] supply of money M money stock stock of money

Spanish oferta de dinero oferta monetaria [SCN93] masa monetaria cantidad de dinero

money transfer operator [migrant remittances] MTO

servicio de transferencias monetarias agente de transferencia monetaria

money wage nominal wage

salario nominal

money(, in the) [options]

opcin con beneficio probable

money-like instruments [IFS]

instrumentos similares al dinero

moneyness

liquidez monetizacin grado de monetizacin

Monitoring Policy Unit

Unidad de Poltica de Seguimiento

monitoring system [IMF] monitoring process

mecanismo de supervisin mecanismo de seguimiento (de los tipos de cambio)

monoline insurer

asegurador monolnea aseguradora de bonos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page823

English monopolistic competition imperfect competition

Spanish competencia monopolstica competencia imperfecta

monopoly

monoplico monopolio

monopoly power

poder monopolstico

monopoly supplier [SNA93]

proveedor monoplico [SCN93] oferente monoplico [SCN93]

monopsony

monopsonio

Monte Carlo method Monte Carlo simulation

mtodo de Monte-Carlo

Monterrey Consensus

Consenso de Monterrey

months ending the 21st [IFS]

meses que terminan el da 21

Montreal Protocol on Substances that Deplete the Ozone Layer [UNEP]

Protocolo de Montreal relativo a las substancias agotadoras de la capa de ozono

moonlighting

segundo empleo pluriempleo

moral hazard

riesgo moral

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page824

English moral suasion suasion jawboning window guidance WG

Spanish presin moral persuasin moral disuasin moral

moratorium interest rate [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

tasa de inters renegociada [Gua de la deuda, 1993]

moratory interest [Paris Club] moratorium interest

inters moratorio [ARG] inters por mora inters por atraso en el pago

morbidity rate

tasa de morbilidad

more focused Fund

Fondo concentrado en su misin inicial

mortality

mortalidad

mortality rate

tasa de mortalidad

mortgage

hipoteca

mortgage bank mortgage credit institution mortgage company

banco hipotecario institucin de crdito hipotecario

mortgage bond yield [IFS]

rendimiento de los bonos hipotecarios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page825

English mortgage loan

Spanish prstamo hipotecario

mortgage modification mortgage modification program

programa de modificacin de hipotecas

mortgage redemption

cancelacin de hipoteca extincin

mortgage replacement loan

prstamo para reemplazar una hipoteca

mortgage servicer

agente de gestin de pagos hipotecarios institucin que se ocupa de recibir los pagos hipotecarios

mortgage servicing rights MSR

derechos de gestin de pagos hipotecarios

mortgage-backed security [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] MBS

valores con respaldo hipotecario ttulos hipotecarios [Gua de la deuda, 1993] valores con garanta hipotecaria cdulas hipotecarias letras hipotecarias

mortgagee

acreedor hipotecario

mortgager mortgagor

deudor hipotecario

Moscow Interbank Foreign Currency Exchange [Russian Federation] MICEX

mercado interbancario de cambios de Mosc

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page826

English Moscow [Russian Federation]

Spanish Mosc

most efficient estimator

estimador de mxima eficiencia

most favored nation clause [Paris Club] MFN clause

clusula de la nacin ms favorecida clusula NMF

most immediately impacted countries [IBRD] MIICs MIIs

pases ms inmediatamente afectados MIA

most seriously affected countries [UN] MSAs

pases ms gravemente afectados

most [IMF]

la mayor parte

most-favored-nation treatment, general

trato general de nacin ms favorecida

motion picture film rentals [BPM5]

alquiler de pelculas [MBP5]

motor vehicle tax Motor Vehicle Property Tax

impuesto sobre los vehculos automotores impuesto a la propiedad de vehculos automotores impuesto sobre vehculos automotores

movable assets [GFSM]

activos muebles [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page827

English movable capital goods [BPM5]

Spanish bienes muebles de capital [MBP5]

movable goods [BPM5]

bienes muebles [MBP5]

movable tangible assets

activos tangibles muebles bienes muebles

movement of goods [BPM5]

traslado de bienes [MBP5]

moving average

promedio mvil media mvil

moving peg [exchange rates]

tipo de cambio variable paridad mvil paridad variable

multicollinearity [statistics]

colinealidad colineacin mltiple

multicountry balance of payments summation

recapitulacin multinacional de datos de balanza de pagos

Multi-Country Demobilization and Reintegration Program [Africa] MDRP

Programa Multinacional de Desmovilizacin y Reintegracin para la Regin de los Grandes Lagos

Multi-Country HIV/AIDS Program for Africa MAP

programa de lucha contra el VIH/SIDA en varios pases de frica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page828

English multicurrency borrowing [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish financiamiento en mltiples monedas [Gua de la deuda, 1993]

multicurrency loan

prstamo en varias monedas prstamo multidivisa

multicurrency peg multicurrency pegging

tipo de cambio fijo frente a varias monedas determinacin del tipo de cambio en relacin con varias monedas vinculacin a mltiples monedas

multi-currency reserve system

sistema de mltiples monedas de reserva sistema de reservas en mltiples monedas

Multidonor Technical Assistance Subaccount for Iraq

Subcuenta de asistencia tcnica de mltiples donantes en favor de Iraq

Multidonor Trust Fund for Demobilization and Reintegration for the Great Lakes Region [IBRD]

Fondo Fiduciario del PNUD para la desmovilizacin, la reinsercin, la rehabilitacin

Multilateral Agreement on Investment [OECD-EU] MAI

Acuerdo Multilateral sobre Inversiones AMI

multilateral clearing arrangements [GMBS]

acuerdos multilaterales de compensacin

multilateral consultation on global imbalances

consulta multilateral sobre los desequilibrios mundiales

multilateral credit line

lnea de crdito multilateral

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page829

English multilateral creditor

Spanish acreedor multilateral

multilateral currency union

unin monetaria multilateral

Multilateral Debt Relief Initiative MDRI

Iniciativa para el Alivio de la Deuda Multilateral IADM

multilateral development bank MDB

banco multilateral de desarrollo

Multilateral Exchange Rate Model [IMF] MERM

modelo multilateral de tipos de cambio modelo MERM

Multilateral Framework on Investment [UNCTAD] MFI

Marco multilateral para la inversin

Multilateral Guarantee Fund [EC]

Fondo Multilateral de Garanta

Multilateral Investment Fund [IDB] MIF

Fondo Multilateral de Inversiones FOMIN

Multilateral Investment Guarantee Agency [World Bank Group] MIGA

Organismo Multilateral de Garanta de Inversiones MIGA

multilateral netting [securities settlement systems]

compensacin multilateral

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page830

English multilateral regional arrangements [GMBS]

Spanish acuerdos regionales de compensacin

multilateral safeguard system

sistema multilateral de salvaguardias

multilateral settlement

liquidaciones multilaterales pagos multilaterales

Multilateral Steel Arrangement

Acuerdo Multilateral Relativo al Acero

multilateral surveillance

supervisin multilateral

multilateral system of payments

sistema multilateral de pagos

multilateral trade agreement [WTO] MTA multilateral agreement [WTO]

acuerdo multilateral acuerdo comercial multilateral

multilateral trade negotiations MTN

negociaciones comerciales multilaterales NCM

Multilateral Trade Organization MTO

Organizacin Multilateral de Comercio OMC

Multimedia Services Division

Divisin de Servicios Multimedia

multinational enterprise transnational enterprise

empresa multinacional empresa transnacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page831

English Multinational Programming and Operational Center MULPOC

Spanish Centro Multinacional de Programacin y Operaciones MULPOC

multi-option financing facility MOFF multi-option facility MOF [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

servicio financiero con opciones mltiples servicios financieros con opciones mltiples [Gua de la deuda, 1993]

multiphase contract [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

contrato de mltiples etapas [Gua de la deuda, 1993]

multi-phase sampling

muestreo polifsico

multiple correlation coefficient

coeficiente de correlacin mltiple

multiple currency practice multiple exchange rate practice

prctica de tipos de cambio mltiples

multiple effective exchange rate

tipos de cambio efectivos mltiples

multiple exchange rate system multiple rate system

sistema de tipos de cambio mltiples rgimen de tipos de cambio mltiples

multiple exchange rates split exchange rates

tipos de cambio mltiples tasas de cambio mltiples

multiple factor analysis MFA

anlisis factorial mltiple

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page832

English multiple of quotas [IMF]

Spanish mltiplo de las cuotas

multiple official exchange rates [BPM6]

tipos de cambio mltiples oficiales [MBP6]

multiple options facility [Debt Guide, 1993; FSIG]

servicio con opciones mltiples [GISF]

multiple regression

regresin mltiple

multiple regression estimate

estimacin obtenida mediante regresin mltiple

multiplier

multiplicador [SCN93]

multiplier effect

efecto multiplicador

multiproduct firm

empresa de produccin mltiple empresa de produccin diversificada

multipurpose bank multiservice bank multiple bank all-purpose bank universal bank

banco universal multibanco banco de operaciones generales

multipurpose development projects [GFSM]

proyectos de desarrollo con fines mltiples [MEFP]

multipurpose survey

encuesta con objetivos mltiples

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page833

English multiregion econometric model [IMF] MULTIMOD econometric model

Spanish modelo economtrico multirregional modelo MULTIMOD

multisector regulatory agency MRA

organismo regulador multisectorial

multisectoral mission multisectoral statistics mission [IMF-STA] multitopic mission

misin multisectorial misin sobre estadsticas multisectoriales

multi-stage sampling

muestreo polietpico

multivariate

de mltiples variables multidimensional

multivariate analysis

anlisis multidimensional

multiyear arrangements [BOP]

acuerdos plurianuales

multiyear debt rescheduling arrangement [Paris Club] MYRA multiyear rescheduling arrangement multiyear debt rescheduling agreement multiyear debt rescheduling multiyear rescheduling agreement

acuerdo de reprogramacin multianual de la deuda [Gua de la deuda, 1993] ARMD

municipal bond muni

bono municipal ttulo municipal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page834

English municipality

Spanish municipalidad municipio

murky protectionism

proteccionismo turbio

Mustapha Pasha loan Pasha loan

prstamo Pasha

mutual accountability shared responsibility

responsabilidad compartida

Mutual Aid and Loan Guarantee Fund of the Entente Council [Council of the Entente]

Fondo de Ayuda Mutua y de Garanta de Prstamos del Consejo de la Entente

Mutual Assistance of the Latin American Oil Companies

ARPEL Asistencia Recproca Petrolera Empresarial Latinoamericana

mutual fund shares [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

acciones de fondos mutuos de inversin [Gua de la deuda, 1993]

mutual funds enterprise

empresa administradora de fondos mutuos

mutual legal assistance

asistencia judicial mutua asistencia judicial recproca

mutual savings bank MSB

banco mutualista de ahorro

mutual surveillance

supervisin mutua

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page835

English mutuality of interests

Spanish comunidad de intereses

mutually exclusive

mutuamente excluyentes

mutually uncorrelated

no correlativos no correlacionados

myopia

miopa

Nagorno-Karabakh [UN]

Nagorno-Karabaj

naive forecasting model naive model

modelo simplista

naked short sale naked shorting

venta en descubierto

naming and shaming

sealar y avergonzar

naming structure [FSIG]

nomenclatura [GISF]

Naples terms [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

condiciones de Npoles [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page836

English narrowly defined money supply narrow money transaction money

Spanish dinero en sentido estricto medio circulante [Am. Lat.] oferta monetaria en sentido estricto base monetaria reducida

Nash equilibrium

equilibrio de Nash

national accounting national accounts

contabilidad nacional cuentas nacionales

National Asset Management Agency [Ireland]

Organismo Nacional de Gestin de Activos

National Association of Securities Dealers Automated Quotations system [USA] Nasdaq

Sistema electrnico de cotizaciones de la Asociacin nacional de negociantes de valores

national bank

banco nacional

national bank: other liabilities [IFS]

banco nacional: otros pasivos

national bias

sesgo nacional

National Commission on Fiscal Responsibility and Reform [USA] Fiscal Responsibility and Reform Commission Fiscal Commission FC

Comisin Nacional de Responsabilidad y Reforma Fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page837

English national consolidation [MPI]

Spanish consolidacin a nivel nacional consolidacin nacional

national currency units per U.S. dollar [annual average] [GFSY]

unidades de moneda nacional por dlar de EE.UU. [promedio anual]

national currency national money

moneda nacional

national disposable income [SNA93]

ingreso nacional disponible [SCN93]

National Economic Empowerment and Development Strategy [NGA] NEEDS

estrategia NEEDS

national economy [SNA93]

economa nacional [SCN93]

national estimates

estimaciones de las autoridades nacionales estimaciones proporcionadas por las autoridades nacionales

national expenditure [SNA93]

gasto nacional [SCN93]

National Forestry Action Plan [IBRD] NFAP

Plan Nacional de Accin Forestal

national frontiers [BOP]

fronteras nacionales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page838

English national heritage heritage assets [AUS]

Spanish patrimonio nacional activos que constituyen el patrimonio comn del pas activos que representan patrimonio nacional [MEFP]

National Household Survey Capability Program [UN]

Programe para desarrollar la capacidad nacional de efectuar encuestas por hogares

national income

ingreso nacional renta nacional

national income at market prices

ingreso nacional a precios de mercado

national interest account

cuenta de inters nacional

National Investment Fund [Benin]

Fondo Nacional de Inversiones

national poverty assessment [IBRD]

evaluacin nacional de la pobreza

national presentation [BPM5]

presentacin nacional [MBP5] presentacin de los datos nacionales

national private non-financial corporations [SNA93]

sociedades no financieras privadas nacionales [SCN93]

national product

producto nacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page839

English national saving [SNA93]

Spanish ahorro nacional [SCN93]

National Statistics Institute National Institute of Statistics [BEL; CHL] INE

Instituto Nacional de Estadsticas [CHL] INE

National Summary Data Page [SDDS] NSDP

pgina de datos nacionales resumidos

national supervisors [FSIG]

organismos nacionales de supervisin [GISF]

National Technical Cooperation Assessment and Programs [UN] NATCAP

Evaluaciones y Programas Nacionales de Cooperacin Tcnica

national treatment [GATT]

trato nacional

national wealth national worth

patrimonio nacional

Nationality of Focus initiatives NoF initiatives

iniciativas sobre las nacionalidades de inters especial

natural cultivated assets [SNA93]

activos naturales cultivados [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page840

English natural disaster, assistance in case of [IMF]

Spanish catstrofe natural, asistencia para casos de

natural growth of non-cultivated biological resources [SNA93]

crecimiento natural de recursos biolgicos no cultivados [SCN93]

natural growth products [SNA93]

productos de crecimiento natural [SCN93]

natural hedge

operaciones convencionales de cobertura coberturas naturales

natural person individual

persona fsica particular individuo

natural rate of growth

tasa natural de crecimiento

natural rate of unemployment nonaccelerating inflation rate of unemployment NAIRU normal unemployment rate full-employment unemployment rate warranted unemployment rate

tasa natural de desempleo tasa de desempleo no aceleradora de los precios nivel de desempleo no inflacionario nivel de desempleo no inflacionista

natural resource based product [GATT]

producto obtenido de la explotacin de recursos naturales

Natural Resource Management and Conservation Project [IDA]

proyecto de ordenacin y conservacin de recursos naturales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page841

English natural unwinding of the inventory cycle

Spanish giro natural del ciclo de inventarios [WHD REO]

naturally occurring assets

activos de origen natural

navigational aid [BPM5]

ayuda de navegacin [MBP5]

near abroad, (countries of) the [Russian Federation]

pases prximos

near market interest rates

tasa de inters cercana a la de mercado

near-program

cuasiprograma

negative correlation

correlacin negativa

negative equity

patrimonio negativo

negative expenses [GFSM]

gastos negativos [MEFP]

negative externality external diseconomy

externalidad negativa deseconoma externa

negative goodwill [FSIG]

minusvala mercantil

negative pledge clause [London Club] covenant of equal coverage

clusula de pignoracin negativa clusula de obligacin negativa clusula de abstencin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page842

English negative taxes [GFSM]

Spanish impuestos negativos [MEFP]

negotiable order of withdrawal account [USA] NOW account

cuenta a la vista remunerada, a la vista con inters, corriente con inters

negotiable security marketable security

valor negociable ttulo negociable

Negotiating Group on Agriculture [GATT]

Grupo de Negociacin sobre la Agricultura

Negotiating Group on Trade Related Aspects of Intellectual Property Rights, Including Trade in Counterfeit Goods [GATT]

Grupo de Negociacin sobre los Aspectos de los Derechos de Propiedad Intelectual Relacionados con el Comercio, Incluido el Comercio de Mercancas Falsificadas

Negotiating Group on Trade Related Investment Measures [GATT]

Grupo de Negociacin sobre las Medidas en Materia de Inversiones Relacionadas con el Comercio

neighborhood [mathematics]

entorno

neoclassical model neoclassical theory

modelo neoclsico

net acquisition approach [CPI]

enfoque de (la) adquisicin neta

net acquisition of financial assets other than cash [GFSM]

adquisicin neta de activos financieros, excluido el efectivo [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page843

English net acquisition of financial assets [BPM6; GFSM; SNA93]

Spanish adquisicin neta de activos financieros [MBP6; MEFP; SCN93]

net acquisition of liabilities [GFSM]

pasivos netos contrados [MEFP]

net acquisition of nonfinancial assets [GFSM]

adquisicin neta de activos no financieros [MEFP]

net acquisition [GFSM]

adquisicin neta [MEFP]

net acumulation [SNA93]

acumulacin neta [SCN93]

net addition to the stock of fixed assets [SNA93]

aumento neto de existencias de activos fijos [SCN93]

net against each other [BPM5]

compensarse cancelarse mutuamente anularse mutuamente [MBP5]

net asset value NAV net asset value per share

valor de los activos netos valor neto de los activos valor patrimonial neto

net basis [BPM5]

en cifras netas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page844

English net borrowing

Spanish prstamos netos recibidos endeudamiento neto obtencin neta de prstamos emprstitos netos

net borrowing country net borrower

prestatario neto

net borrowing: (name of currency) [IFS]

obtencin neta de prstamos: en moneda nacional

net borrowing: domestic [IFS]

obtencin neta de prstamos internos

net borrowing: foreign currency [IFS]

obtencin neta de prstamos: en moneda extranjera

net borrowing: foreign [IFS]

obtencin neta de prstamos externos

net borrowing: monetary authorities [IFS]

obtencin neta de prstamos: autoridades monetarias

net borrowing: other [IFS]

obtencin neta de prstamos: otros

net capital flows NCF

flujos de capital netos

net capital formation

formacin neta de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page845

English net cash basis

Spanish en valores netos de caja

net cash income

ingreso lquido neto ingreso neto de caja

net cash inflow from financing activities [GFSM]

entrada neta de efectivo por actividades de financiamiento [MEFP]

net cash inflow from operating activities [GFSM]

entrada neta de efectivo por actividades operativas [MEFP]

net cash inflow [GFSM]

entrada neta de efectivo [MEFP]

net cash outflow [GFSM]

salida neta de efectivo [MEFP]

net cash settlement payment

liquidacin mediante un pago neto al contado

net casualty insurance premiums [SNA93]

primas netas por seguro de riesgos [SCN93]

net change in the stock of cash [GFSM]

varaicin neta de las tenencias de efectivo [MEFP]

net creditor country

acreedor neto

net creditor position net credit position [securities settlement systems]

saldo acreedor neto posicin acreedora neta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page846

English net cumulative allocation

Spanish asignacin acumulativa neta

net current revenue NCR

ingresos corrientes netos

net debit position [securities settlement systems]

posicin deudora neta

net debtor country

deudor neto

net debtor fuel exporter

deudores netos exportadores de combustibles

net debtor position

saldo deudor neto

net disbursement

desembolso neto

net domestic assets NDA

activos internos netos AIN

net domestic product NDP

producto interno, neto [SCN93] producto interno neto PIN

net earnings [accounting]

resultados resultado neto

net equity of household in life insurance and pension funds

participacin neta de los hogares en las reservas de las compaas de seguros de vida y de las cajas de pensiones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page847

English net equity of households in life insurance reserves and in pension funds [BPM5; SNA93]

Spanish participacin neta de los hogares en las reservas de los seguros de vida y en las cajas de pensiones [SCN93] participacin neta de capital de las unidades familiares en las reservas de los seguros de vida y en las cajas de pensiones [MBP5]

net equity of households in life insurance reserves [SNA93]

participacin neta de los hogares en las reservas de seguros de vida [SCN93]

net equity of households in pension funds [SNA93]

participacin neta de capital de los hogares en las cajas de pensiones [SCN93]

net errors and omissions net E&O

errores y omisiones netos

net exporting country net exporter

pas exportador neto

net exports

exportacin neta demanda exterior neta [Banco de Espaa]

net external debt position [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

saldo neto de la deuda externa [Gua de la deuda, 1993]

net external financial position of the nation [SNA93]

posicin financiera externa neta de la nacin [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page848

English net factor income

Spanish renta neta de los factores de produccin ingreso neto de los factores de produccin

net factor income from abroad

renta neta de factores recibida del exterior

net factor income/payments abroad [IFS]

renta/pagos netos por factores del exterior

net financial wealth position [GFSM 2001]

posicin de riqueza financiera neta [MEFP] riqueza financiera neta [MEFP]

net financial worth change due to transactions [GFSM]

variacin del patrimonio financiero neto debido a transacciones [MEFP]

net fixed capital formation [SNA93]

formacin neta de capital fijo [SCN93]

net flow [Debt Guide, 1993; SNA93]

flujo neto [Gua de la deuda, 1993; SCN93]

net foreign assets NFA

activos externos netos AEN

net foreign exchange exposure to equity [FSIG]

exposicin cambiaria neta/patrimonio neto [GISF]

net income after taxes [FSIG]

ingreso neto despus de impuestos [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page849

English net income from the investment of all (both life and non-life) insurance technical reserves [SNA93]

Spanish ingreso neto de inversiones de todas las reservas tcnicas de los seguros (tanto de vida como no de vida) [SCN93]

net income [IMF]

ingresos netos

net incurrence of liabilities

incurrimiento neto de pasivos pasivos netos incurridos emisin neta de pasivos

net indirect taxes [SNA93]

impuestos indirectos netos [SCN93]

net insurance premiums [BPM6]

primas netas de seguros [MBP6]

net interest income [FSIG; MPI]

renta neta por concepto de intereses ingreso financiero neto [GISF]

net interest margin NIM

margen financiero neto [GISF]

net international reserves NIR

reservas internacionales netas RIN

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page850

English net lending

Spanish financiamiento neto prstamo neto [SCN] prstamo neto concedido concesin neta de prstamos [GFS 1986]

net lending country net lender

acreedor neto prestamista neto

net lending/net borrowing

prstamo neto/endeudamiento neto

net material product [centrally planned economies] NMP

producto material neto

net national income NNI

ingreso nacional neto

net national product NNP

producto nacional neto PNN

net negative value

valor neto negativo

net non-life insurance premiums [SNA93]

primas netas de seguros no de vida [SCN93]

net of tax

deducidos los impuestos descontados los impuestos

net official holdings

tenencias oficiales netas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page851

English net oil exporter

Spanish pas exportador neto de petrleo

net oil importer

pas importador neto de petrleo

net open position in equities to capital [FSIG]

posicin abierta neta en acciones y otras participaciones de capital/capital [GISF]

net open position in foreign exchange to capital [FSIG]

posicin abierta neta en moneda extranjera/capital [GISF]

net operating balance [GFSM 2001]

resultado operativo neto [MEFP]

net operating surplus

supervit neto de explotacin excedente neto de explotacin

net operational income [IMF]

ingreso neto por operaciones

net out [BPM5]

registrar con carcter neto [MBP5]

net position [MPI]

posicin neta

net positive value

valor neto positivo

net premium income [BPM5]

ingreso neto por primas [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page852

English net present value of debt [HIPC Initiative] NPV of debt

Spanish VNA de la deuda valor neto actualizado (VNA) de la deuda [Gua de la deuda, 1993] valor presente neto de la deuda valor neto actualizado de la deuda

net present value of debt-to-export ratio [HIPC Initiative] NPV of debt-to-export ratio PV/X

razn valor actual de la deuda/exportaciones VA/E razn valor presente neto de la deuda/exportacin relacin entre el valor presente neto de la deuda y la exportacin relacin entre el VPN de la deuda y la exportacin

net present value of debt-to-fiscal revenue target [HIPC Initiative] NPV of debt-to-fiscal revenue target

meta para la relacin entre el VPN de la deuda y el ingreso fiscal

net present value NPV

valor actual neto valor presente neto VPN valor neto actualizado VNA

net recording [BPM5]

registro neto [MBP5] contabilizacin en valores netos registro en cifras netas [MBP5]

net reserves indicator

indicador de reservas netas

net resource transfer [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

transferencia neta de recursos [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page853

English net saving [SNA93]

Spanish ahorro neto [SCN93]

net SDR charges [IMF]

cargos netos sobre las tenencias de DEG

net settlement system [securities settlement systems] NSS

sistema de liquidacin neta

net settlement [securities settlement systems]

liquidacin neta

net taker of funds

prestatario neto de fondos

net wages and salaries [SNA93]

sueldos y salarios netos [SCN93]

net worth adjusted for bad debts

valor neto ajustado por deudas incobrables

net worth and its changes [GFSM]

patrimonio neto y sus variaciones [MEFP]

net worth of an economy net worth net wealth position net wealth

patrimonio de una economa [MBP5] valor neto patrimonio neto riqueza neta posicin de riqueza neta

net worth of the migrant [BPM5]

patrimonio del emigrante [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page854

English net worth capital net assets owner equity owners' equity stockholder equity equity

Spanish patrimonio patrimonio neto

net yield [securities]

rendimiento neto

net-back approach netback pricing [oil]

mtodo de fijacin de precios tomando como base el valor neto de mercado

net-back price

precio netback precio basado en el valor neto de mercado

netting

registro neto [MBP5; MEFP] neteo [MBP6]

netting agreement [securities settlement]

acuerdo de compensacin

netting by novation [individual debt]

compensacin por novacin compensacin de saldos por novacin

network analysis

anlisis de redes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page855

English network externalities network effect

Spanish externalidades de red

network industry

industria de red

networking

creacin de redes establecimiento de redes

neutral holding gains/losses account [SNA93]

cuenta de ganancias/prdidas neutrales de capital por tenencia [SCN93]

neutral holding gains/losses [BPM5; SNA93]

ganancias/prdidas neutrales de capital por tenencia [MBP5; SCN93]

New Africa Initiative

Nueva Iniciativa Africana

New Arrangements to Borrow [IMF] NAB new agreements to borrow

Nuevos Acuerdos para la Obtencin de Prstamos NAP

new classical macroeconomic model new classical model

nuevo modelo clsico

new commercial bank money

nuevos prstamos de bancos comerciales

New Deal on Global Food Policy New Deal for a Global Food Policy

Nuevo acuerdo para una poltica alimentaria mundial

new economy

nueva economa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page856

English new good bias

Spanish sesgo de aparicin de nuevos productos

new income model

nuevo modelo de ingresos

new intangible fixed assets [SNA93]

activos fijos intangibles nuevos [SCN93]

New International Development Strategy [UN]

Nueva Estrategia Internacional del Desarrollo

New International Economic Order NIEO

Nuevo orden econmico internacional

new look [IC]

new look nueva imagen

new money bond [debt restructuring] NMB

bono de fondos nuevos

new money facilities

servicios de provisin de nuevos fondos

new money [London Club] new credit fresh money

nuevos fondos nuevos recursos nuevos crditos nuevos prstamos recursos frescos

New Partnership for Africa's Development NEPAD

Nueva Alianza para el Desarrollo de frica NEPAD

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page857

English New Staff and Family Briefing Center [IMF-HRD]

Spanish Centro de Informacin para Nuevos Funcionarios y sus Familiares

new tangible fixed assets [SNA93]

activos fijos tangibles nuevos [SCN93]

new trade theory

nueva teora del comercio internacional

New York commodity exchange

bolsa de productos de Nueva York

New York [USA]

Nueva York

newly independent states NIS

nuevos Estados independientes NEI

newly industrialized Asian economies

economas asiticas recientemente industrializadas

newly industrialized country NIC

pas recientemente industrializado

newly industrialized economy [IMF] NIE

economa de reciente industrializacin ERI

newly industrializing country [IMF, OECD] NIC

pas de reciente industrializacin PRI

newly mined gold [BPM5]

oro de nueva extraccin [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page858

English newly produced asset [GFSM]

Spanish activo recin producido [MEFP]

News and External Communications Division [EXR/NE]

Divisin de Noticias y Comunicaciones Externas

News and External Communications Section [EXR/AI/EC]

Seccin de Noticias y Comunicaciones Externas

News Brief [IMF document series; NB/...] NB

nota informativa

NFC deposit rate

tasa depsitos CFN

NIFS [BPM5]

NIF [MBP5] pagars a corto plazo en el marco de los servicios de emisin de pagars [MBP5]

Niger Basin Authority NBA

Autoridad de la Cuenca del Nger [ttulo no oficial]

Nigeria Trust Fund [Nigeria] NTF

Fondo Fiduciario de Nigeria

ninja loan NINJA no income, no job, no asset No-income no-job no-asset verification loan

prstamo ninja

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page859

English NO ENGLISH TERM FOUND deconcentration

Spanish desconcentracin (administrativa)

no-load fund

fondo sin comisin

Nomenclature for the Classification of Goods in Customs Tariffs Customs Co-operation Council Nomenclature CCCN Brussels Tariff Nomenclature BTN Brussels Nomenclature

Nomenclatura para la Clasificacin de Mercancas en los Aranceles de Aduanas Nomenclatura del Consejo de Cooperacin Aduanera NCCA Nomenclatura Arancelaria de Bruselas NAB Nomenclatura de Bruselas

nominal

nominal [SCN93]

nominal amount of a financial derivative contract [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

monto nominal de un contrato de derivados financieros [Gua de la deuda, 1993] monto hipottico de un contrato de derivados financieros [Gua de la deuda, 1993]

nominal anchor [exchange policy; monetary policy]

anclaje nominal ancla nominal

nominal balance [budget]

saldo nominal

nominal convergence [EC]

convergencia nominal

nominal effective exchange rate index NEER index

ndice del tipo de cambio efectivo nominal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page860

English nominal fee nominal price

Spanish nominal mnimo simblico terico

nominal fiscal balance

saldo fiscal nominal

nominal GDP money GDP current-price GDP GDP at current prices

PIB nominal

nominal GNP split

fraccionamiento del PNB nominal

nominal holding gains/losses [SNA93]

ganancias/prdidas nominales de capital por tenencia [SCN93]

nominal income

renta nominal ingreso nominal

nominal income target strategy nominal income target

estrategia basada en objetivos de renta nominal

nominal interest rate stated interest rate nominal interest

tasa de inters nominal inters nominal [SCN93]

nominal maturity [BPM5]

vencimiento nominal [MBP5]

nominal protection

proteccin nominal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page861

English nominal value money value par value face value denomination

Spanish valor nominal valor facial denominacin

nominee account [money laundering]

cuenta a nombre de interpsita persona cuenta a nombre de un tercero

nominee shareholder

tenedor nominativo de acciones accionista interpuesto

nominee [securities settlement systems]

nominatario representante

non traded annuities [MFSM]

anualidades no negociables [MEMF]

nonaccelerating wage rate of unemployment NAWRU

tasa de desempleo no aceleradora de los salarios

nonacceleration clause

clusula de no caducidad de plazos [ARG]

nonaccrual loan nonaccruing loan problem loan nonaccrual asset nonaccrual credit

prstamo improductivo activo improductivo crdito improductivo

nonaccrual status, country on nonaccrual country

pas cuyos prstamos son declarados improductivos (y no devengan intereses)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page862

English nonagency securitized mortgage

Spanish prstamo hipotecario titulizado por un organismo no federal

nonautonomous pension fund

caja de pensin no autnoma [MEFP]

nonbank bank near bank

institucin cuasibancaria

nonbank financial institution NBFI nonbank financial corporation

institucin financiera no bancaria sociedad financiera no bancaria

nonbank financing

financiamiento no bancario

nonbanks

sector no bancario entidades no bancarias instituciones no bancarias

nonborrowed reserves own reserves owned reserves

reservas propias

nonborrowing program [IMF]

programa sin financiamiento

nonbudgeted expense

gasto no registrado en el presupuesto, no presupuestado

noncapital goods

bienes que no son de capital bienes, excluidos los bienes de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page863

English noncash asset

Spanish activo no monetario activo no realizable activo ilquido

noncash economy

economa desmonetizada

noncash issuance (of government securities)

emisin (de valores pblicos) sin contrapartida monetaria

noncash transactions [BPM5; GFSM]

transacciones que no entraan el uso de efectivo [MEFP] transacciones que no entraan efectivo

non-central distribution [statistics]

ley no central

non-centrality parameter [statistics]

parmetro de excentricidad

noncommercial transaction [BPM5]

transaccin no comercial [MBP5]

noncompetitive bid [securities auctions]

oferta sin cotizacin de precio oferta no competitiva oferta fuera de concurso

non-compliant [BIS]

no conforme incumplido disconforme

noncomplying disbursement

desembolso improcedente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page864

English noncomplying purchase [IMF]

Spanish compra improcedente

nonconcessional terms

condiciones no concesionarias

nonconcessionary flow nonconcessional flow

corriente no concesionaria corriente de capital no concesionaria flujo de capital no concesionario flujo de capital de carcter no concesionario

nonconditional grant unconditional grant

subvencin incondicional transferencia incondicional

non-conforming mortgage

prstamo hipotecario no convencional hipoteca no estndar

nonconsolidated debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

deuda no consolidada [Gua de la deuda, 1993]

noncontractual pensions [BPM5]

pensiones no contractuales [MBP5]

nonconvertible currency

moneda no convertible

noncooperation

no cooperacin falta de cooperacin

non-cooperative countries and territories [money laundering] NCCTs

pases y territorios no cooperantes PTNC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page865

English non-cooperative country [money laundering] noncooperative country [money laundering]

Spanish pas que no est cooperando pas que no est cooperando en la prevencin del lavado de dinero

noncore bank

banco secundario

noncultivated biological resources

recursos biolgicos no cultivados

non-cultivated [SNA93]

no cultivados [SCN93]

non-debt obligation [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

obligacin que no genera deuda [Gua de la deuda, 1993]

non-debt-generating flow non-debt-creating flow nondebt flow

corriente de capital no relacionada con la deuda flujo de capital no generador de deuda corriente de capital que no crea deuda flujo de capital no relacionado con la deuda

nondedicated investor crossover investor

inversionista no especializado inversionista oportunista

nondeliverable forward contract nondeliverable forward

contrato a plazo liquidable por diferencias contrato a trmino liquidable por diferencias contrato a trmino sin entrega (fsica del activo subyacente)

nondepository financial intermediaries [BPM5]

intermediarios financieros que no aceptan depsitos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page866

English nondurable good

Spanish bien no durable [SCN93] bien no duradero bien consumible

nonearning asset

activo improductivo

non-emerging market developing countries

pases en desarrollo que no son mercados emergentes

nonemployed person [GFSM] nonemployed [GFSM]

no empleado [MEFP]

nonentitlement spending

gastos en prestaciones que no constituyen un derecho adquirido

nonequity financial flow

flujo financiero no destinado a inversin en participaciones de capital flujo financiero no destinado a inversin en acciones

nonequity security

valores que no constituyen una participacin de capital ttulo que no constituye una participacin de capital

nonfactor inputs

insumos no factoriales insumos no atribuibles a factores

nonfactor payments

pagos no destinados a los factores de produccin

nonfactor services

servicios no factoriales servicios no atribuibles a factores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page867

English nonfiler [taxation]

Spanish contribuyente omiso no declarante

nonfinancial accounts

cuentas no financieras

nonfinancial assets

activos no financieros

nonfinancial corporate and quasi-corporate enterprise sector [GFS 1986]

sector de empresas no financieras constituidas en sociedades y cuasisociedades de capital

nonfinancial corporation

corporacin no financiera sociedad no financiera

nonfinancial corporations sector [GFSM]

sector de corporaciones no financieras [MEFP]

nonfinancial economic values [BPM5]

valores econmicos no financieros [MBP5]

nonfinancial enterprises, corporate and quasi-corporate

empresas no financieras, sociedades y cuasisociedades

nonfinancial intangible assets nonfinancial intangibles

activos no financieros intangibles activos intangibles no financieros

nonfinancial net borrowing/non financial net lending

endeudamiento neto no financiero/prstamo neto no financiero

nonfinancial operations matrix [SNA93]

matrices de operaciones no financieras [SCN93]

nonfinancial private enterprises [GFSM]

empresas privadas no financieras [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page868

English nonfinancial property income [BPM5]

Spanish renta de la propiedad no financiera [MBP5]

nonfinancial public corporation

corporacin pblica no financiera

nonfinancial public enterprise NPE

empresa pblica no financiera EPN

nonfinancial public sector [GFSM 2001; GMBS] NFPS

sector pblico no financiero [MEFP] SPNF

nonfranc country

pas que no pertenece a la zona del franco

nonfuel exporters

exportadores de productos no combustibles

nonfuel primary products

productos bsicos no combustibles

nongold reserves

reservas, excluido el oro

Non-governmental Liaison Service [UN]

Servicio de enlace con las organizaciones no gubernamentales

nongovernmental organization NGO

organizacin no gubernamental ONG

nongovernmental sector

sector no gubernamental

non-guaranteed private sector external debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

deuda externa privada sin garanta [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page869

English nonguaranteed suppliers credit

Spanish crdito de proveedores sin garanta

non-identifiable structure

estructura no identificable

non-income poverty

pobreza no monetaria

nonindustrial and incidental sales [GFS 1986]

ventas no industriales y secundarias

noninstitutional financial sector informal financial sector

sector financiero informal sector financiero paralelo sector financiero no estructurado

non-interest bearing demand deposit [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

depsito a la vista que no devenga intereses [Gua de la deuda, 1993]

noninterest expenditure [budget] noninterest expenses

gastos no financieros gasto no correspondiente a intereses gasto, excluidos los intereses

noninterest expenses to gross income [FSIG]

gastos no financieros/ingreso bruto [GISF]

noninterest income

ingreso no financiero

non-interest-bearing

sin intereses que no devenga inters no remunerado improductivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page870

English nonlabor cost

Spanish costos no salariales costos no laborales

non-lending services [IBRD] NLS

servicios no crediticios

nonlife insurance claims

indemnizaciones de seguros no de vida

non-life insurance premiums less service charges [SNA93]

primas de seguros no de vida menos cargos por servicios [SCN93]

nonlife insurance services

servicios de seguro no de vida

nonlife insurance total premiums earned

primas totales ganadas de seguros no de vida

nonlife insurance [BOP]

seguro no de vida seguros excepto los de vida

non-linear regression

regresin no lineal

nonmarket

no mercado no de mercado

nonmarket activity

actividad ajena al mercado

nonmarket economy

economa dirigida economa no basada en principios de mercado economa controlada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page871

English nonmarket establishment [GFSM 2001]

Spanish establecimiento no de mercado [MEFP]

nonmarket nonprofit institutions [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

instituciones sin fines de lucro que operan fuera del mercado [Gua de la deuda, 1993]

nonmarket output

produccin no de mercado

nonmarket producer

productor no de mercado

nonmarket product

producto no de mercado

nonmarket service

servicio no de mercado servicio de no mercado

nonmarket value added

valor agregado no de mercado

nonmarketable financial items [BPM5]

activos financieros no negociables [MBP5]

nonmarketable financial obligation [ECB]

obligacin financiera no negociable

non-marketed output [SNA93]

produccin no comercializada [SCN93]

nonmatching grant [public finance]

subvencin sin contrapartida subvencin no compensatoria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page872

English nonmember country [IMF]

Spanish pas no miembro

nonmerchandise insurance

seguro no relativo a mercancas

non-metallic mineral reserves [SNA93]

reservas de minerales no metlicos [SCN93]

nonmilitary goods and services [BPM5]

bienes y servicios no militares [MBP5]

nonmonetary capital

capital no monetario

nonmonetary financial institution

institucin financiera no monetaria

nonmonetary financial public corporation

corporacin pblica financiera no monetaria

nonmonetary gold [BPM5; BPM6; GMBS]

oro no monetario [MBP5; MBP6]

nonmonetary international organization

organizacin internacional no monetaria

nonmonetary public sector

sector pblico no monetario

nonmonetary transactions [GFSM]

transacciones no monetarias [MEFP]

nonnegotiable security nonmarketable security

valor no negociable ttulo no negociable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page873

English nonobservance [IMF] noncompliance

Spanish inobservancia incumplimiento

nonofficial transactors [BPM5]

partes que efectan transacciones no oficiales [MBP5]

nonoil deficit

dficit del sector no petrolero

non-oil developing country NODC

pas en desarrollo no petrolero PDNP

non-oil GDP

PIB no petrolero PIB, excluido el petrleo

non-oil Middle Eastern country

pas no petrolero del Oriente Medio

non-oil primary producing country

pas no petrolero de produccin primaria

nonoperating enterprise

empresa sin actividades de explotacin

nonparametric method

mtodo no paramtrico

nonparametric model

modelo no paramtrico

nonparametric statistic

estadstica no paramtrica

nonparticipant in the SDR Department [IMF]

no participante en el Departamento de DEG

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page874

English nonparticipating official creditor [Paris Club]

Spanish acreedor oficial no participante

nonparticipating preferred share

accin preferente que no entraa participacin

nonperformance [contracts]

incumplimiento

nonperforming loan [BPM6; FSIG] NPL nonperforming asset [FSIG] nonperforming credit

cartera vencida prstamo no rentable prstamo improductivo [GISF] activo improductivo [MBP6] prstamo en mora [GISF; MBP6] prstamo moroso [MBP6] prstamo en situacin de incumplimiento prstamo en situacin irregular cartera irregular prstamo no redituable

nonperforming loans net of provisions to capital [FSIG]

cartera en mora neta de provisiones/capital [GISF]

nonperforming loans to total gross loans [FSIG]

cartera en mora/cartera bruta [GISF]

nonpermanent debt [BPM6]

deuda no permanente [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page875

English nonpermanent worker [BPM6]

Spanish trabajador no permanente [MBP6]

nonproduced asset

activo no producido

nonproduced, nonfinancial assets

activos no financieros no producidos

nonprofit

sin fines de lucro sin fines lucrativos

nonprofit institution NPI nonprofit organization NPO nonprofit body

institucin sin fines de lucro sociedad sin fines lucrativos institucin sin nimo de lucro [COL]

nonprofit institutions serving households NPISH

instituciones sin fines de lucro que sirven a los hogares ISFLSH

nonproject loan nonproject lending

prstamo no destinado a proyectos

nonpublic sector

sector no pblico

nonpublic utilities

servicios pblicos prestados por empresas privadas

nonquoted unlisted

no cotizada no cotizada en bolsa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page876

English nonrecourse financing

Spanish financiamiento sin posibilidad de recurso [BIRF] financiamiento de rembolso limitado [GATT]

nonrecurrent expenditure nonrecurrent expense nonrecurrent outlay

gasto extraordinario gastos extraordinarios

nonrecurrent levies on property [GFSY]

gravmenes extraordinarios sobre la propiedad

nonrecurrent revenue nonrecurrent receipt nonrecurrent income

ingreso extraordinario ingresos extraordinarios

nonrecurrent taxes on property [GFSY]

impuestos no permanentes sobre la propiedad

nonrecurrent [GFSM; SNA93]

no peridico [SCN93] no recurrente [MEFP]

nonrecurring transactions [BPM5]

transacciones no recurrentes [MBP5]

nonrepayable margin

depsito de garanta no rembolsable

nonreserve capital [BPM5]

capital que no constituye reservas capital que no es de reserva [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page877

English nonreserve claim

Spanish activo que no constituye reservas activo no incluido en las reservas

nonreserve currencies

monedas que no constituyen monedas de reserva monedas no utilizadas como reserva

nonresident creditor sector [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

sector de acreedores no residentes [Gua de la deuda, 1993]

nonresident deposits [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

depsitos de no residentes [Gua de la deuda, 1993]

nonresidential

no residencial

nonresidential buildings

edificios no residenciales

nonresidential investment

inversin no destinada a viviendas

nonresidents

no residentes

nonresponse [BPM5]

falta de respuestas sin respuesta

nonretroactive country [PRGF] nonretroactive country cases

casos no retroactivos

nonsalary earner

no asalariado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page878

English nonsense correlation

Spanish correlacin aberrante, sin sentido

non-singular matrix

matriz no singular

non-standard operations

operaciones atpicas

nonsufficient funds NSF insufficient funds

sin provisin de fondos fondos insuficientes

nonsystematic risk idiosyncratic risk

riesgo no sistemtico

nontariff measure nontariff NTM nontariff barrier NTB

medida no arancelaria barrera no arancelaria obstculo no arancelario

nontax revenue [GFSY; GFSM]

ingreso no tributario [MEFP] ingresos no tributarios

nontradable goods nontradables

bienes no comercializables bienes no transables bienes no comerciables bienes no exportables o importables

nontraded good

bien no comerciado bien no comercializado bien que no es objeto de comercio exterior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page879

English nontransferable (instrument)

Spanish no transferible intransferible nominativo [a veces]

nonvoting preferred shares [BPM5]

acciones preferentes sin derecho a voto [MBP5]

nonwage awards

prestaciones no salariales prestaciones complementarias

nonwage income

ingreso no salarial

nonwage labor costs

costos indirectos de la mano de obra costos no salariales de la mano de obra costos laborales indirectos

nonzero

no igual a cero

non-zero probability range

recorrido de probabilidad no nula

Nordic Development Fund NDF

Fondo Nrdico de Desarrollo FND

Nordic Investment Bank NIB

Banco Nrdico de Inversiones

norm for remuneration [IMF]

norma de remuneracin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page880

English normal distribution curve bell curve bell-shaped curve Gaussian curve normal probability curve

Spanish curva de distribucin normal curva campaniforme curva acampanada

normal law of error

ley normal de errores

normal variable

variable normal

normality [statistics]

normalidad

normalization rule normalizing rule

regla de normalizacin

normalize [measurement]

normalizar

normalized unit labor cost

costo unitario normalizado del trabajo costo unitario normalizado de la mano de obra

normally distributed

que sigue una distribucin normal

normative economics

economa normativa

North African Division

Divisin de Africa Septentrional

North American Division [WHD/NB]

Divisin de Amrica del Norte

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page881

English North American Free Trade Agreement NAFTA

Spanish NAFTA Tratado de Libre Comercio de Amrica del Norte TLCAN

North Atlantic Treaty Organization NATO

Organizacin del Tratado del Atlntico Norte OTAN

North Sea Offshore Authorities Forum NSOAF

Foro de las autoridades competentes en materia de instalaciones marina de de los pases del Mar del Norte NSOAF

Northeastern Division [EUR/NE]

Divisin de Europa Nororiental

Northern Division [EUR/NO]

Divisin de Europa Septentrional

Northern I, II Division [EUR/N1, N2]

Divisin de Europa Septentrional I, II

Northwest African Division

Divisin de Africa Noroccidental

nostro account due from foreign bank demand account our balances with them due from balances

cuenta nostro

not applicable n.a.

no se aplica n.a. no aplicable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page882

English not available n.a.

Spanish no disponible n.d. dato no disponible

not elsewhere classified [GFSM] n.e.c.

no clasificado separadamente n.c.s. n.e.p. no clasificado en otra parte [MEFP] n.c.o.p.

not elsewhere specified n.e.s.

no especificado en otra parte n.e.o.p. no especificado separadamente n.e.s.

not for public use [IMF information security] for internal use [sometimes]

reservado para uso interno

not included elsewhere n.i.e.

no incluido separadamente n.i.s. no incluido en otra parte n.i.o.p.

not separately recorded n.s.r.

no registrado separadamente n.r.s.

note issuance facility NIF note purchase facility

servicio de emisin de pagars SEP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page883

English note purchase agreement NPA

Spanish Acuerdo de Compra de Pagars ACP

notes

pagars

notes and coins held by the public [SNA93]

billetes y monedas en poder del pblico [SCN93]

notes and coins [GFSM; SNA93]

billetes y monedas [MEFP; SCN93]

notes in circulation [IFS]

billetes en circulacin

notice of award [GA]

aviso de adjudicacin

notice of failure to fulfill obligations [IMF]

notificacin de incumplimiento de las obligaciones

notification system [IMF, exchange arrangements]

sistema de notificacin

notional

nocional ficticio hipottico terico imaginario

notional amount of a financial derivative contract notional amount

monto hipottico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page884

English notional bond

Spanish bono nocional bono ficticio bono hipottico

notional drawing right [IMF]

derecho de giro hipottico

notional entity [BPM5]

entidad conceptual [MBP5] unidad conceptual [MBP5]

notional government bond

obligacin hipottica del Estado

notional institutional unit notional unit

unidad ficticia unidad hipottica unidad terica

notional item [BPM5]

partida hipottica [MBP5]

notional loan [GFSM 2001]

prstamo ficticio [SCN 93] prstamo imaginario prstamo hipottico

notional market value [BPM5]

valor hipottico de mercado [MBP5]

notional unitary rate [BPM5]

tipo de cambio nico hipottico [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page885

English notional value [BPM5; Debt Guide, 1993; Balance of Payments Manual 5th edition; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish valor terico [Gua de la deuda, 1993] valor hipottico [BPM6] valor nominal [MBP5]

nuclear waste [BPM5]

desechos nucleares [MBP5]

nuisance tax

impuesto con rendimiento limitado impuesto de difcil administracin

null and void

nulo y sin valor

null hypothesis null, the

hiptesis nula

null [SNA93]

nulo [SCN93]

number of applications for protection from creditors [FSIG]

nmero de solicitudes de proteccin frente a los acreedores [GISF]

numeraire

numerario unidad de cuenta

numerical analysis [mathematics]

clculo numrico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page886

English nursing and convalescent home services [GFSM]

Spanish servicios de hogares para personas de la tercera edad y para convalecientes [MEFP]

oak

roble

objective function

funcin-objetivo

Objectives and Principles for Regulation of Securities [IOSCO]

Objetivos y principios para la regulacin de los mercados de valores

obligation to provide currency [IMF]

obligacin de proporcionar moneda(s)

obligation [securities settlement systems]

obligacin compromiso

obligations for social security benefits [GFSM]

obligaciones por beneficios de la seguridad social [MEFP]

obligations regarding exchange arrangements [AA]

obligaciones referentes a regmenes de cambio

obligor [debt restructuring] obligator

deudor prestatario

observation studies [BPM5]

estudios de observacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page887

English obsolescence aging

Spanish envejecimiento obsolescencia

OBU: assets [IFS]

UBE: activo

OBU: foreign assets [IFS]

UBE: activos externos

OBU: foreign liabilities [IFS]

UBE: pasivos externos

OBU: liabilities [IFS]

UBE: pasivo

Occasional Paper [IMF]

estudio de la serie Occasional Papers

occupational earnings

ingreso profesional

occupied territories [West Bank and Gaza Strip] OT

territorios ocupados

occupied [SNA93]

ocupado [SCN93]

odd lot

unidad de contratacin inferior a la normal

odious debt

deuda odiosa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page888

English OECD debt data [BPM5]

Spanish datos sobre la deuda de la OCDE

OECD High Level Group on Commodities

Grupo de Alto Nivel de la OCDE sobre Productos Bsicos

OECD Principles of Corporate Governance

Principios de la OCDE para el Gobierno de las Sociedades

of which: at factor cost, seasonally adjusted [IFS]

del cual: al costo de factores, desestacionalizado

of which: claims on nonbanks [IFS]

del cual: entidades no bancarias

of which: currency outside banks [IFS]

de la cual: efectivo en poder del pblico

of which: government and official entities [IFS]

de los cuales: gobierno y entidades oficiales

of which: liabilities to nonbanks [IFS]

del cual: entidades no bancarias

of which: official entities deposits [IFS]

de la cual: depsitos de entidades oficiales

of which: outstanding Fund borrowing

de la cual: emprstitos del FMI pendientes de rembolso

of which: policy loans [IFS]

del cual: prstamos sobre plizas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page889

English of which: private sector deposits [IFS]

Spanish de la cual: depsitos del sector privado

of which: revaluations [IFS]

de la cual : revalorizaciones

of which: to private sector [IFS]

de los cuales: sector privado

of which: valuation adjustment [IFS]

del cual: ajuste por valoracin

off balance sheet banking [BPM5]

actividades bancarias al margen del balance [MBP5]

off balance sheet obligation [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

obligacin que no se incluye en el balance general

off-balance sheet liability

pasivo fuera del balance pasivo instrumentado fuera del balance

off-balance-sheet item below-the-line item off-balance-sheet account

partida por debajo de la lnea partida complementaria partida extraordinaria partida no incluida en el balance general

off-budget transaction off-budget activity

operacin extrapresupuestaria

offense

delito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page890

English office audit desk audit documentary audit off-site supervision off-site inspection

Spanish auditora basada en archivos verificacin documental inspeccin a distancia

office automation

ofimtica

Office for Project Services [UNDP]

Oficina de Servicios para Proyectos

Office for Special Relief Operations OSRO

Oficina de Operaciones Especiales de Socorro

Office in Europe [IMF] PAR

Oficina Europea

Office in Geneva [IMF] GEN

Oficina de Ginebra

Office Manager [IMF]

Responsable de Gestin Administrativa

Office of Budget and Planning [IMF-OMD] OBP

Oficina de Presupuesto y Planificacin

Office of Control, Research and Promotion of Timber Species OCIPEF

Oficina de Control, Investigacin y Promocin de Especies Forestales OCIPEF

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page891

English Office of Executive Directors [IMF] OED

Spanish Oficinas de los Directores Ejecutivos

Office of Executive Secretary, Joint Development Committee [IMF-OED] DC JDC

Oficina del Secretario Ejecutivo del Comit Ministerial Conjunto para el Desarrollo

Office of Foreign Assets Control OFAC

Oficina para el Control de Activos Extranjeros OFAC

Office of Internal Audit and Inspection [IMF-OMD] OIA

Oficina de Auditora e Inspeccin Internas

Office of Internal Audit and Review OIR

Oficina de Auditora y Revisin Internas

Office of Management and Budget [USA] OMB

Oficina de Administracin y Presupuesto [EE.UU.]

Office of Professional Ethics [WB] OPE

Oficina de tica Profesional

Office of Secretariat Services for Economic and Social Matters [UN]

Oficina de los Servicios de Secretara para Cuestiones Econmicas y Sociales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page892

English Office of Technical Assistance Management [IMF-OMD] OTM

Spanish Oficina de Gestin de la Asistencia Tcnica

Office of the Deputy Managing Director [IMF-OMD]

Oficina del Subdirector Gerente

Office of the Director General for Development and International Economic Co-operation [UN]

Oficina del Director General de Desarrollo y Cooperacin Econmica Internacional

Office of the First Deputy Managing Director [IMF-OMD]

Oficina del Primer Subdirector Gerente

Office of the Managing Director [IMF] OMD

Oficina del Director Gerente

officer in charge

encargado de ...

Offices in Europe [IMF] EUO

Oficinas del FMI en Europa

official borrowers

prestatarios en fuentes oficiales paises prestatarios en fuentes oficiales

official capital

capital oficial

official capital flows official flows official financial flows

flujos oficiales de capital flujo de capital oficial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page893

English official community

Spanish instituciones oficiales

official creditor

acreedor oficial

official debt

deuda oficial deuda frente a acreedores oficiales

official development assistance loans [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

prstamos de asistencia oficial para el desarrollo [Gua de la deuda, 1993]

official development assistance [Debt Guide, 1993; OECD] ODA

asistencia oficial para el desarrollo [Gua de la deuda, 1993] AOD

official development bank [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

banco oficial de desarrollo [Gua de la deuda, 1993]

Official Development Finance ODF

financiamiento oficial para el desarrollo [Gua de la deuda, 1993]

official entity

entidad oficial

official exchange rate

tipo de cambio oficial

Official Financing Operations Division [SPR/OC] OFOD

Divisin de Operaciones de Financiamiento Pblico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page894

English official foreign exchange reserves official foreign reserves

Spanish reservas internacionales oficiales reservas oficiales en moneda extranjera

official holdings

tenencias oficiales

official income [BPM5]

renta oficial [MBP5]

official multilateral debt renegotiation

renegociacin multilateral de la deuda oficial

official sector involvement OSI

participacin del sector oficial

official sector [BPM5]

sector oficial [MBP5]

official settlement balance

balanza segn liquidaciones oficiales saldo segn liquidaciones oficiales

official sources [BPM5]

fuentes oficiales

official transactions [BPM5]

transacciones oficiales [MBP5]

official traveler [BPM5]

viajero en misin oficial

official unrequited transfers [BPM5; IFS]

transferencias unilaterales oficiales [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page895

English official unrequited transfers, NIE [IFS]

Spanish transferencias unilaterales oficiales, N.I.O.P.

official value [customs] posted value administrative value standard value

valor fijado por la aduana aforo aduanero aforo fijado por la aduana valuacin oficial

official [SNA93]

funcionario representante oficial oficial [SCN93]

officially guaranteed trade-related claims

crditos con garanta oficial relacionados con el comercio exterior

officially supported export credit [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

crdito a la exportacin con respaldo oficial

off-line [IT]

desconectado

off-market transaction [gold sales] off-market gold sale

transaccin directa transaccin al margen del mercado

offset agreement [trade] offset

acuerdo de compensacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page896

English offset [BPM5; SCN93]

Spanish saldar compensar [MBP5; SCN93]

offsetability on the market

compensabilidad en el mercado

offsetting contract

contrato compensatorio

offsetting credit and debit entries [BPM5]

asientos compensatorios de crdito y dbito [MBP5]

offsetting entry [BPM5] balancing entry contra entry offset

asiento compensatorio asiento de contrapartida

offsetting tax measures

medidas tributarias compensatorias

offshorable

internacionalmente mvil deslocalizable

offshore

offshore extraterritorial

offshore (oil) field

yacimiento (petrolfero) submarino

offshore bank offshore deposit taker

institucin de depsito offshore banco extraterritorial banco offshore

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page897

English offshore banking center

Spanish centro bancario extraterritorial centro bancario offshore

offshore banking unit OBU

UBE unidad bancaria offshore unidad bancaria extraterritorial

offshore cost

costo de fabricacin en el extranjero

offshore enterprise

empresa extraterritorial

offshore financial center assessment report OFC assessment report

informe de evaluacin de centros financieros offshore

Offshore Financial Center Program

Programa sobre Centros Financieros Extraterritoriales programa de centros financieros offshore

offshore financial center [BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for Compilers and Users, 1993] OFC

centro financiero extraterritorial [MBP6; Gua de la deuda, 1993] centro financiero offshore

offshore financial centers OFCs

centros financieros offshore

offshore financial market

mercado financiero offshore mercado financiero extraterritorial

offshore fund

fondo offshore

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page898

English Offshore Group of Banking Supervisors OGBS

Spanish Grupo Extraterritorial de Supervisores Bancarios (OGBS)

offshore installation

instalacin marina

offshore processing industry offshore enterprise

maquiladora empresa maquiladora

offshore processing offshore assembly

ensamblado en el extranjero maquila montaje de material fabricado en otro pas ensamblaje en el extranjero

offshore transaction

transaccin offshore

offshore trust [trusts]

fideicomiso extraterritorial fideicomiso internacional

offshoring

relocalizacin relocalizacin de procesos productivos en zonas geogrficas que ofrecen ventajas competitivas movilidad transterritorial

offtake ratio [cattle raising]

tasa de extraccin

off-the-shelf product [IT] commercial off-the-shelf product COTS

producto estndar producto comercial estndar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page899

English off-track

Spanish descarrilado mal encaminado desviado de sus metas desviado de su curso

oil bill

costo total del petrleo importado costo de las importaciones de petrleo

oil country

pas petrolero

oil country tubular goods OCTG

tuberas para perforacin petrolera [OMC]

oil drilling rigs [BPM5]

equipos de perforacin de yacimientos de petrleo [MBP5]

oil element [CCFF]

componente relativo al petrleo

Oil Facility [IMF; IFS]

servicio del petrleo Servicio Financiero del Petrleo

oil intensity

intensidad energtica medida como consumo de petrleo por cada unidad de PIB intensidad energtica

oil platform [BPM5]

plataforma petrolera [MBP5]

oil-exporting country

pas exportador de petrleo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page900

English old age [GFSM]

Spanish tercera edad [MEFP]

oligopoly

oligopolio

oligopsony

oligopsonio

Ombudsman [IMF] Ombudsperson

Ombudsman

Omega Plan Omega Economic Plan for Africa Omega Plan for Africa: an African Strategy for Globalization Wade Plan

Plan Omega

omitted transaction [BPM5]

transaccin omitida [MBP5]

Omnibus (Trade) Law [USA]

Ley General (de Comercio)

on an annual basis annualized basis, on an full-year basis, on a

elevado a cifras anuales en cifras anualizadas tomando como base el ao completo con base anual

on consignment

en consignacin

ON LINE [key]

comunicacin, tecla de

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page901

English on official settlement basis [BPM5]

Spanish segn liquidaciones oficiales [MBP5]

on other party [SNA93]

contra tercero [SCN93]

once-for-all transaction

transaccin nica

one-crop economy single-crop economy

economa de monocultivo

one-dimensional probability distribution

ley de probabilidad unidimensional

one-stop shop one-stop window

ventanilla nica oficina centralizadora

one-tailed test [statistics] one-sided test single-tailed test

prueba a un extremo prueba unilateral

one-time tax [GFSM]

impuesto por una sola vez [MEFP]

one-year budget rule annuality [IMF]

principio de anualidad presupuestaria

one-year FCC [IMF]

capacidad de compromiso futuro a un ao

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page902

English onlending cost

Spanish costo de los reprstamos costo de intermediacin

on-lending of borrowed funds onlending

reprstamo de fondos prestados reprstamo

online access

acceso directo acceso on-line acceso en lnea

online course [IMF-INS]

curso en lnea

online filing [taxes] webfiling

declaracin de impuestos a travs de Internet

online information network

red de informacin de acceso online red de informacin de acceso en lnea red de informacin de acceso directo

Online Registration System [IMF]

Sistema de Reservas por Internet

on-line time series [BPM5]

series cronolgicas en lnea [MBP5]

onshore (oil) field

yacimiento (petrolfero)) continental

onshore bank

banco sujeto a la reglamentacin nacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page903

English on-site description

Spanish descripcin ocular descripcin in situ

on-the-job training OJT

capacitacin prctica en el empleo capacitacin prctica en el trabajo

on-track

bien encaminado encarrilado

OPEC Fund for International Development OPEC Fund

Fondo de la OPEP para el Desarrollo Internacional Fondo OPEP

OPEC Special Fund

Fondo Especial de la OPEP

op-ed article

artculo de opinin

open book account

asiento de venta

open capital account [IMF]

cuenta de capital abierta apertura de la cuenta de capital

open economy

economa abierta

open foreign exchange position

posicin cambiaria en descubierto posicin abierta en divisas

open general license (system) OGL

liciencia general de importacion (sistema de)

open inflation

inflacin abierta inflacin manifiesta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page904

English open interest parity uncovered interest parity UIP

Spanish paridad de tasas de inters sin cobertura paridad de intereses no cubierta

open ITRS [closed ITRS] open-type ITRS

sistema de notificacin de transacciones internacionales abierto

open lending policy

poltica liberal de crdito

open market

mercado abierto

open market operation

operacin de mercado abierto

open market price

precio de libre competencia precio de mercado abierto

open position

posicin abierta posicin en descubierto

Open Society Institute OSI

Open Society Institute

open unemployment

desempleo abierto desempleo manifiesto desempleo declarado

open-end grant [public finance]

subvencin de monto indeterminado subvencin ilimitada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page905

English open-end mutual fund mutual fund unit trust [GBR] open-end investment company open-end investment trust open-end investment fund

Spanish fondo comn de inversin [MBP5; MBP6] fondo de inversin colectiva fondo de inversiones abierto sociedad de inversin mobiliaria (con capital variable) fondo comn de inversin [MBP5; MBP6]

opening asset

activo al inicio del ejercicio activo de apertura

opening balance sheet

balance de apertura

opening inventories [SNA93]

existencias de apertura [SCN93]

opening liability

pasivo al inicio del ejercicio pasivo de apertura

opening remarks

palabras de apertura

openness

apertura

operating account

cuenta de operaciones [Gua de la deuda, 1993] cuenta de explotacin

operating activities [GFSM]

actividades operativas [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page906

English operating balance operating profit or loss operating position

Spanish saldo de operacin resultado de explotacin resultado operativo resultado de operaciones saldo operativo

operating budget

presupuesto de operacin presupuesto operativo presupuesto operacional presupuesto de operaciones presupuesto de explotacin

operating costs [MPI] operational costs [MPI]

costos de operacin costos de operaciones costos operativos costos de explotacin

operating deficit operating loss

prdida de operacin dficit de explotacin dficit de operacin dficit de operaciones

operating earnings operating profits operational earnings operational profits

utilidades provenientes de la explotacin de la empresa utilidad de operacin

operating income [FSIG] operational income

ingresos de operaciones ingreso por operaciones [GISF] ingresos de explotacin ingresos de operacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page907

English operating lease operating leasing operational lease operational leasing

Spanish arrendamiento operativo arrendamiento de explotacin arrendamiento de operacin contrato de arrendamiento operativo

operating liability

pasivo de operaciones

operating ratio

coeficiente neto de explotacin

operating surplus

supervit de operacin supervit de explotacin excedente de explotacin

operating target

meta operativa

Operation Restore Hope

Operacin Esperanza

operation [finance]

operacin

operational budget [IMF]

presupuesto de operaciones

operational charge

cargo por operaciones

Operational Core Services Network [IBRD] OCSN OCS Network

Red de Servicios Operacionales Bsicos

operational deposits

depsitos para operaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page908

English operational expenses [IMF]

Spanish gastos por operaciones

operational fiscal balance operational balance

saldo fiscal operacional saldo operativo saldo operacional saldo fiscal operativo

Operational Guidelines for the Data Template on International Reserves and Foreign Currency Liquidity [IMF-STA]

Directrices operativas para la planilla de declaracin de datos sobre las reservas internacionales y la liquidez en moneda extranjera

operational leasing services [BPM5]

servicios de arrendamiento de explotacin [MBP5]

operational leasing without operators [BPM5]

arrendamiento de explotacin sin personal [MBP5]

operational risk

riesgo operativo

operational staff [IMF]

personal de operaciones

operations account [franc zone]

cuenta de operaciones

Operations and Maintenance Section [TGS/DF/OM]

Seccin de Operaciones y Mantenimiento

Operations Division for General Resources

Divisin de Operaciones relativas a Recursos Generales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page909

English Operations Division for SDRs and Administered Accounts

Spanish Divisin de Operaciones relativas a DEG y Cuentas Administradas

Operations Division [SEC/OP]

Divisin de Operaciones

Operations Evaluation Department [WB] OED

Departamento de Evaluacin de Operaciones

Operations Officer

Oficial de Operaciones

Operations Officer, Senior

Oficial Principal de Operaciones

operations research O.R. OR

investigacin operativa investigacin operacional

Operations Wing [IMF-AFR]

rea de Operaciones

operator of mobile equipment

explotador de equipo mvil

operator [markets; BPM5]

operador agente empresa explotadora [MBP5]

opportunity cost [SNA93]

costo de oportunidad [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page910

English opt back in [SDR]

Spanish ejercer la opcin de reintegro optar por volver a recibir

opt out [SDR]

ejercer la opcin de rechazo optar por no recibir

optimal currency area [EMS] OCA optimum currency area [EMS]

zona monetaria ptima ZMO

optimization of Fund reserve management

optimizacin de la gestin de las reservas del FMI

optimum allocation of a sample

fijacin ptima de una muestra

optimum search strategy

estrategia de bsqueda ptima

option

opcin

option contract option

contrato de opcin opcin

option exchange

mercado de opciones

option price option premium

prima de una opcin precio de una opcin

option writer writer of the option

emisor de una opcin emisor de la opcin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page911

English optional tranche [IMF]

Spanish tramo opcional

option-pricing techniques [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

tcnicas de valoracin de opciones [Gua de la deuda, 1993]

options approach

men de opciones

opt-out

no aplicacin

order book

cartera de pedidos libro de pedidos

order check check payable to order

cheque a la orden

order condition

condicin de orden

order instrument order paper

instrumento a la orden ttulo a la orden

order of magnitude

orden de magnitud

order statistics

estadsticas ordinales

order-driven market auction market

mercado dirigido por rdenes (subasta)

order-driven system

sistema dirigido por rdenes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page912

English orderly liberalization of capital movements

Spanish liberalizacin ordenada de los movimientos de capital

orderly marketing arrangement OMA orderly marketing agreement

acuerdo de comercializacin ordenada

orderly underlying conditions [AA]

condiciones fundamentales ordenadas

ordinary annuity

anualidad ordinaria

ordinary dividends [SNA93]

dividendos ordinarios [SCN93]

ordinary least squares [statistics] OLS

mnimos cuadrados ordinarios MCO

ordinary resources [IMF]

recursos ordinarios

ordinary share price

cotizacin de las acciones ordinarias

Organisation for Economic Co-operation and Development OECD Organization for Economic Cooperation and Development [IMF]

Organizacin para la Cooperacin y el Desarrollo Econmicos OCDE

Organization for European Economic Co-operation OEEC

Organizacin Europea de Cooperacin Econmica OECE

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page913

English Organization for International Economic Cooperation

Spanish Organizacin Internacional de Cooperacin Econmica

Organization for International Economic Relations IER

Organizacin para las Relaciones Econmicas Internacionales

Organization for Security and Cooperation in Europe OSCE

Organizacin para la Seguridad y Cooperacin en Europa OSCE

Organization for the Development of the Gambia River

Organizacin de Desarrollo del Ro Gambia

Organization for the Development of the Senegal River OMVS

Organizacin para el Desarrollo del Ro Senegal OMVS

Organization for the Harmonization in Africa of Business Law OHADA

Organizacin para la Armonizacin de la Legislacin Empresarial en frica

Organization of African Unity (OAU) Convention on the Prevention and Combating of Terrorism

Convenio de la Organizacin de la Unidad Africana (OUA) para la Prevencin y Lucha contra el Terrorismo Convencin de la Organizacin de la Unidad Africana (OUA) sobre la prevencin y la lucha contra el terrorismo

Organization of African Unity OAU

Organizacin de la Unidad Africana OUA

Organization of American States OAS

Organizacin de los Estados Americanos OEA

Organization of Arab Petroleum Exporting Countries OAPEC

Organizacin de Pases Arabes Exportadores de Petrleo OPAEP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page914

English Organization of Central American States OCAS

Spanish Organizacin de Estados Centroamericanos ODECA

Organization of Eastern Caribbean States OECS

Organizacin de los Estados del Caribe Oriental OECO

Organization of Latin American and Caribbean Supreme Audit Institutions

Organizacin Latinoamericana y del Caribe de Entidades Fiscalizadoras Superiores OLACEFS

Organization of the Cooperatives of America OCA

Organizacin de las Cooperativas de Amrica OCA

Organization of the Petroleum Exporting Countries OPEC

Organizacin de Pases Exportadores de Petrleo OPEP

Organization of the Senegal Riparian States OERS

Organizacin de Estados Ribereos del Ro Senegal OERS

organizational chart organization chart

organigrama

organized financial derivatives exchange organized exchange

bolsa organizada de instrumentos financieros derivados bolsa organizada

origin/consumption [BPM5]

origen/consumo [MBP5]

original interest [BPM5]

intereses originales [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page915

English original issue discount bond OID

Spanish bono emitido con descuento descuento de emisin original

original maturity [BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for Compilers and Users, 1993] initial maturity

plazo de vencimiento inicial plazo de vencimiento original vencimiento inicial vencimiento original [Gua de la deuda, 1993; BPM6]

original member [IMF]

pas miembro fundador

original sin

pecado original

originate and hold model O&H

modelo originar y retener

originate to distribute model [USA] originate and distribute model originate and distribute strategy

modelo de originacin y distribucin estrategia de originacin y distribucin

originating lender originator

prestamista originante

orthogonal hypothesis

hiptesis ortogonal

orthogonal regression

regresin ortogonal

orthogonality

ortogonalidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page916

English orthonormal matrix

Spanish matriz ortonormal

other (monetary policy framework) [IMF monetary policy framework classification system, 2006]

otros marcos

other (than direct investment) income [BPM5]

otra renta (no procedente de la inversin directa [MBP5] otra renta (no procedente de la inversin directa) [MBP5]

other accounts receivable/payable, other

otras cuentas por cobrar/por pagar, otras

other accumulation entries [SNA93]

otras partidas de acumulacin [SCN93]

other accumulation transactions [SNA93]

otras transacciones de acumulacion [SCN93]

other acquisitions of materials and supplies [SNA93]

otras adquisiciones de materiales y suministros [SCN93]

other administrative expenses [IMF]

otros gastos administrativos

other assets [BPM5]

otros activos [MBP5]

other banklike institutions [IFS]

otras instituciones de tipo bancario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page917

English other banks [IFS]

Spanish otros bancos

other BOP grants [IFS]

otras donaciones balanza pagos

other buildings and construction works [SNA93]

otros edificios y trabajos de construccin [SCN93]

other buildings and structures [SNA93]

otros edificios y estructuras [SCN93]

other business services [BPM5]

otros servicios empresariales [MBP5]

other business services, trade-related [BPM5]

otros servicios empresariales relativos al comercio [MBP5]

other capital transfers [SNA93]

otras transferencias de capital [SCN93]

other capital [BPM5]

otro capital [MBP5]

other capital, NIE [IFS]

otro capital, N.I.O.P.

other changes in assets accounts [SNA93]

cuentas de otras variaciones en los activos [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page918

English other changes in classification of assets or liabilities other than monetization/ demonetization of gold [SNA93]

Spanish otras variaciones en la clasificacin de activos o pasivos distintos a la monetizacin/desmonetizacin del oro [SCN93]

other changes in volume of assets account [SNA93]

cuenta de otras variaciones en el volumen de los activos [SCN93]

other changes in volume of assets and liabilities [GFSM 2001]

otras variaciones en el volumen de activos y pasivos

other changes in volume of assets [BPM6; SNA93]

otras variaciones en el volumen de los activos [SCN93] otras variaciones del volumen de los activos [MBP6]

other changes in volume of fixed assets [SNA93]

otras variaciones del volumen de los activos fijos [SCN93]

other changes in volume of fixed assets, net [SNA93]

otras variaciones netas en el volumen de los activos fijos [SCN93]

other changes in volume of non-financial assets [SNA93]

otras variaciones del volumen de los activos no financieros [SCN93]

other claims on affiliated enterprises [BPM5]

otros activos frente a empresas filiales [MBP5]

other claims on direct investor [BPM5]

otros activos frente a inversionistas directos [MBP5]

other claims on residents

otros crditos a residentes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page919

English other claims [BPM5]

Spanish otros activos [MBP5]

other construction works [SNA93]

otros trabajos de construccin [SCN93]

other conventional fixed peg arrangements [IMF exchange rate classification system, 2006]

otros regmenes convencionales de tipo de cambio fijo

other countries [IFS]

otros pases

other current taxes [SNA93]

otros impuestos corrientes [SCN93]

other current transfers of general government [BPM5]

otras transferencias corrientes del gobierno general [MBP5]

other current transfers of other sectors [BPM5]

otras transferencias corrientes de otros sectores [MBP5]

other current transfers [SNA93]

otras transferencias corrientes [SCN93]

other debt instrument [BPM6]

otro instrumento de deuda [MBP6]

other debt liabilities [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

otros pasivos de deuda [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page920

English other deficits or surpluses [IFS]

Spanish otros dficit o supervit

other deposit

otro depsito

other depository corporations ODC

otras sociedades de depsito otras corporaciones de depsito

other economic flows [GFSM 2001]

otros flujos econmicos [MEFP]

other education [GFSY]

otra enseanza

other elements on goods and services [SNA93]

otros elementos sobre bienes y servicios [SCN93]

other equity [BPM5; GFSM]

otras participaciones de capital [MBP5; MEFP]

other expense [GFSM]

otros gastos [MEFP]

other financial auxiliaries [FSIG]

otros auxiliares financieros [GISF]

other financial corporations other financial institutions

otras empresas financieras otras instituciones financieras

other financial institutions: assets [IFS]

otras instituciones financieras: activo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page921

English other financial institutions: liabilities [IFS]

Spanish otras instituciones financieras: pasivo

other financial intermediaries, except insurance companies and pension funds [SNA93]

otros intermediarios financieros, excepto sociedades de seguro y cajas de pensiones [SCN93]

other financing other finance

otro financiamiento

other fixed assets [GFSM]

otros activos fijos [MEFP]

other general government units [GFSM]

otras unidades del gobierno general [MEFP]

other general services [GFSM]

otros servicios generales [MEFP]

other goods and services [BPM5; SNA93]

otros bienes y servicios [MBP5; SCN93]

other goods, services and income interofficial [BPM5]

otros bienes, servicios y renta transacciones interoficiales [MBP5]

other goods, services and income [BPM5]

otros bienes, servicios y renta [MBP5]

other goods, services and income: credit [IFS]

otros bienes, servicios y renta: crdito

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page922

English other goods, services and income: debit [IFS]

Spanish otros bienes, servicios y renta: dbito

other goods, services and income: net [IFS]

otros bienes, servicios y renta (neto)

other holder of SDRs [IMF]

otro tenedor de DEG

other housing and community amenities [GFSY]

otros servicios de vivienda y comunitarios

other import charges [GFSY]

otros cargos sobre la importacin

other industries [GFSM]

otras industrias [MEFP]

other intangible fixed assets [SNA93]

otros activos fijos intangibles [SCN93]

other intangible non-produced assets [SNA93]

otros activos intangibles no producidos [SCN93]

other intergovernmental grants [BPM5]

otras donaciones intergubernamentales [MBP5]

other inventories [GFSM 2001]

otras existencias [MEFP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page923

English other investment income [BPM5]

Spanish renta de otra inversin [MBP5] otra renta de la inversin [MBP5]

other investment [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993; Balance of Payments Manual - 5th edition (BPM5)]

otra inversin

other items (net) [IFS]

otras cuentas (neto)

other land and associated surface water [SNA93]

otras tierras y terrenos y aguas superficiales asociadas [SCN93]

other land [SNA93]

otras tierras y terrenos [SCN93]

other liabilities of direct investors [BPM5]

otros pasivos de inversionistas directos [MBP5]

other liabilities to direct investors [BPM5]

otros pasivos frente a inversionistas directos [MBP5]

other liabilities [BPM5]

otros pasivos [MBP5]

other loans received [BPM5]

otros prstamos recibidos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page924

English other loans to finance bop [IFS]

Spanish otros prstamos para financiamiento de la balanza de pagos

other long term capital [BPM5]

otro capital a largo plazo [MBP5]

other long term capital, NIE [IFS]

otro capital a largo plazo, N.I.O.P

other machinery and equipment [GFSM; SNA93]

otra maquinaria y equipo [MEFP; SCN93]

other macroeconomic variables [GFSM]

otras variables macroeconmicas [MEFP]

other medical products [GFSM]

otros productos mdicos [MEFP]

other miscellaneous current transfers [SNA93]

otras transferencias corrientes diversas [SCN93]

other monetary institutions [IFS; SNA93]

otras instituciones monetarias [SCN93]

other naturally occurring assets [GFSM]

otros activos de origen natural [MEFP]

other nonfinancial corporations [FSIG]

otras empresas no financieras [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page925

English other non-market output [SNA93]

Spanish otra produccin no de mercado [SCN93]

other nonrecurrent taxes on property [GFS 1986, GFSM 2001]

otros impuestos no recurrentes sobre la propiedad* [MEFP] otros impuestos no recurrentes sobre la propiedad

other nonresidents sector [GFSM 2001]

sector de otros no residentes

other nonresidents [GFSM]

otros no residentes [MEFP]

other official flows OOF

otros flujos oficiales

other official holdings [IFS]

otras tenencias oficiales

other primary product exporter

pas exportador de otros productos primarios

other recurrent taxes on property

otros impuestos permanentes sobre la propiedad otros impuestos recurrentes sobre la propiedad

other taxes on use of goods and on permission to use goods or perform activities

otros impuestos sobre el uso de bienes y sobre el permiso para usar bienes o realizar actividades

other taxes [GFSM; GFSY]

otros impuestos [MEFP]

other volume changes in assets

otras variaciones en el volumen de activos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page926

English Our Common Future Brundtland Report

Spanish Nuestro futuro comn Informe Brundtland

Our Own Agenda [Latin American and Caribbean Commission on Development and Environment]

Nuestra Propia Agenda

outbreak

brote

outflow of capital capital outflow

salida de capital

outgoing chairman outgoing official

funcionario que deja su puesto funcionario que llega al fin del mandato presidente saliente funcionario saliente

outgoings outlay(s)

desembolsos gastos egresos

outlay

desembolso desembolsos erogacin gasto [SCN93]

outlay overrun [budget]

exceso sobre la asignacin presupuestaria

outlet store(, factory)

tienda de venta directa de fbrica [Am. Lat.]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page927

English outlet [CPI]

Spanish punto de venta

outlier [FSIG]

dato atpico elemento atpico [GISF] valor atpico cifra atpica

out-of-lineness [IMF]

desajuste entre la cuota relativa calculada y la cuota relativa efectiva

out-of-the-money option [options]

con valor cero no rentable fuera de dinero

output capacity

capacidad de produccin

output gap production gap

diferencia entre la produccin efectiva y la produccin potencial brecha entre el producto tendencial y el efectivamente observado brecha del producto brecha de produccin brecha entre el producto efectivo y el potencial

output of non-life insurance services

produccin de servicios de seguros no de vida

output [SNA93] product [SNA93]

produccin [SCN93] salida producto [SCN93] resultado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page928

English outreach program [IMF] outreach seminar

Spanish programa de consultas programa de divulgacin seminario de divulgacin

outreach session

sesin de consulta sesin de informacin

outright gift

regalo propiamente dicho

Outright Monetary Transactions OMT

Operaciones Monetarias de Compraventa OMC

outright purchase [IMF]

compra directa

outside consultant, expert [IMF]

especialista ajeno a la institucin experto externo, independiente consultor externo, independiente

outside money

dinero originado por presiones ajenas al banco central

outsourcing of national production

externalizacin de la produccin nacional [Esp.] contratacin de la produccin nacional en otros pases [Am. Lat.]

outsourcing vendorization contracting out

tercerizacin [Am. Lat.] externalizacin [ESP] contratacin de servicios con terceros subcontratacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page929

English outstanding bonds outstanding securities [BPM5]

Spanish bonos en circulacin valores en circulacin [MBP5]

outstanding borrowing

emprstitos pendientes de reembolso

outstanding claim

crdito vigente

outstanding commitment [budget] undischarged commitment

gasto comprometido

outstanding debt

deuda pendiente deuda viva saldo de la deuda

outstanding debt by type of debt holder

deuda pendiente por tipo de tenedor

outstanding debt by type of debt instrument

deuda pendiente por tipo de instrumento

outstanding drawings (on the Fund)

giros (contra el FMI) pendientes de reembolso

outstanding Fund credit outstanding use of Fund credit

crdito del FMI pendiente de reembolso saldo del crdito del FMI

outstanding interest

intereses pendientes intereses por pagar

outstanding liabilities outstanding stock of liabilities

obligaciones pendientes saldo de los pasivos saldo total de pasivos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page930

English outstanding loans

Spanish saldo de los prstamos prstamos pendientes de reembolso prstamos pendientes no amortizados

outstanding obligation

obligacin pendiente

outstanding public debt outstanding government debt

deuda pblica viva saldo de la deuda pblica deuda pblica pendiente

outstanding purchases [IMF]

compras pendientes de recompra

outstanding risks

riesgos pendientes

outward direct investment outward outward investment

inversiones en el exterior inversin de residentes en el extranjero [MBP5]

outward-looking policy

poltica de fomento de las exportaciones poltica econmica orientada hacia el exterior poltica econmica de apertura al exterior

outward-oriented economy outward-looking economy

economa orientada hacia el exterior economa abierta al exterior

outward-oriented growth strategy

estrategia de crecimiento orientada hacia el exterior estrategia de crecimiento basada en el fomento de las exportaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page931

English outward-oriented strategy export promotion strategy export expansion strategy

Spanish estragia orientada hacia el exterior estrategia de apertura al exterior estrategia de fomento de las exportaciones estrategia de expansin de las exportaciones

outyear [multiyear budgeting]

ejercicio posterior

overall balance of payments [BPM5] overall balance

balanza global [MBP5] balanza de pagos global

overall budget

presupuesto global

overall deficit

dficit global

overall demand

demanda global

overall fiscal balance [GFSM 2001] overall balance [GFSM; IFS]

resultado fiscal global [MEFP] saldo fiscal global saldo global

overall mean

media del conjunto

overall primary balance [GFSM 2001]

resultado primario global [MEFP]

overall surplus

supervit global

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page932

English overall trade restrictiveness index OTRI

Spanish ndice global de restriccin del comercio

overdetermined

sobredeterminado

overdraft

sobregiro

overdraft against collateral of securities

giro en descubierto contra caucin de ttulos descubierto garantizado con pignoracin de ttulos

overdraft checking account

cuenta corriente con autorizacin para girar en descubierto

overdraft credit

crdito en descubierto

overdraft facility

servicio de sobregiro

overdrawn check

cheque sin provision de fondos cheque sin cobertura

overdue

vencido y en mora atrasado en mora [IMF] moroso [IMF] vencido

overdue country [IMF]

pas miembro con obligaciones financieras en mora

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page933

English overdue financial obligation to the Fund [IMF] overdue financial obligation

Spanish obligacin financiera en mora ante el FMI

overdue payment to the Fund [IMF]

pago en mora ante el FMI

overdue repurchase

recompra en mora recompra vencida

overestimate

sobreestimacin sobrestimacin

overexposed bank

banco en situacin de riesgo excesivo

overexposure

concentracin excesiva de riesgos volumen excesivo de prstamos

overgrazing

pastoreo excesivo

overhang effect [debt] stock effect

efecto de sobreendeudamiento

overhead expenses overhead overhead costs

gastos generales [GISF] gastos fijos gastos indirectos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page934

English overheating [economics]

Spanish sobrecalentamiento de la economa sobrecalentamiento [WHD REO] recalentamiento [WHD REO] recalentamiento de la economa

overidentification, test of

superidentificacin, test de

overidentified model

modelo superidentificado

overindebtedness

sobreendeudamiento exceso de endeudamiento

overinvestment

exceso de inversin sobreinversin

overinvoicing [BPM5]

datos sobrefacturados [MBP5] sobrefacturacin

overnight credit overnight loan overnight money overnight funds

crdito da a da dinero de un da para otro prstamo de un da para otro fondos a un da

overnight deposit

depsito da a da

overnight interest rate swap overnight index swap OIS

swap de tasas de inters a un da

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page935

English overnight security repurchase agreement

Spanish acuerdo de recompra de valores a un da

overpopulation

sobrepoblacin

overrepresented countries

pases sobrerrepresentados

over-resourcing the IMF

dotar al FMI de recursos excesivos

oversaving

sobreahorro exceso de ahorro

overseas allowance

subsidio por servicio en el exterior bonificacin por trabajo en el exterior prima por trabajo en el exterior

Overseas Training Unit [INS/AV/TR/OV]

Unidad de Capacitacin en el Exterior

oversee the international monetary system [AA]

supervisar el sistema monetario internacional

overshooting

reajuste excesivo reaccin excesiva correccin excesiva

oversight

supervisin fiscalizacin control

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page936

English Oversight Committee on Fraud or Corruption Involving World Bank Staff [World Bank]

Spanish Comit de supervisin de prcticas fraudulentas o corruptas que impliquen a personal del Banco Mundial

Oversight Committee [IMF]

Comit de Investigacin

overstaffing overmanning overemployment

exceso de personal exceso de empleo

oversubscription

exceso de suscripcin

oversupply excess supply

exceso de oferta sobreoferta

overt devaluation

devaluacin manifiesta

overt subsidy

subvencin explcita

over-the-counter

extraburstil

over-the-counter dealing

transaccin extraburstil

over-the-counter financial derivative OTC financial derivative

instrumentos financieros derivados extraburstiles

over-the-counter market OTC

mercado extraburstil [Gua de la deuda, 1993; GISF] bolsn

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page937

English over-the-counter option OTC option

Spanish opcin extraburstil

over-the-counter stock

acciones negociadas fuera de la Bolsa acciones negociadas en forma extraburstil

overvaluation

sobrevaluacin sobrevaloracin

overvalued currency

moneda sobrevaluada moneda sobrevalorada

overwhelming benefit of the doubt

beneficio de la duda, darle totalmente el

own consumption

consumo propio autoconsumo

own funds book value OFBV

valor contable de los recursos propios

own resources

recursos propios

own saving [GFS 1986]

ahorro propio

own-account consumption

propio consumo autoconsumo consumo propio

own-account final consumption

autoconsumo final

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page938

English own-account final consumption in subsistence economy

Spanish autoconsumo final en economa de subsistencia

own-account fixed capital formation

formacin de capital fijo por cuenta propia

own-account producer [SNA 1993]

productor por cuenta propia

own-account workers [SNA 1993]

trabajador por cuenta propia

owner occupied dwellings owner-occupied housing

viviendas ocupadas por sus propietarios viviendas ocupadas por los propietarios

owners' equivalent rent OER

valor locativo

ownership

en rgimen de propiedad propiedad

ownership transfer costs [GFSM 2001]

costos de traspaso de propiedad

ownership transfer [SNA 1993]

traspaso de propiedad transferencia de la propiedad [SCN 93]

ozone depleting substance [UN] ODS

sustancia nociva para el ozono

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page939

English Pacific Basin Central Bank Conference on Econometric Modeling

Spanish Conferencia de Bancos Centrales de la Cuenca del Pacfico sobre Modelos Economtricos

Pacific Basin Economic Council PBEC

Consejo Econmico de la Cuenca del Pacfico

Pacific Division [WHD/PA]

Divisin del Pacfico

Pacific Economic Cooperation Council PECC

Consejo de Cooperacin Econmica del Pacfico

Pacific Financial Community CFP

Comunidad Financiera del Pacfico CFP

Pacific Financial Technical Assistance Centre PFTAC

Centro de Asistencia Tcnica Financiera del Pacfico

Pacific Rim (countries)

Cuenca del Pacfico(, pases de la)

package

conjunto de medidas paquete

Pacto de Toledo [ESP]

Pacto de Toledo

paid-up capital paid-in capital

capital integrado [ARG] capital desembolsado capital pagado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page940

English paid-up shares paid-up stock full-paid stock

Spanish acciones pagadas acciones integradas [[ARG]]

paintball attack paint ball attack

ataque con bolas de pintura

paired accounts

cuentas emparejadas

paired values

pares de valores

Palestine Liberation Organization PLO

Organizacin de Liberacin de Palestina OLP

Palestinian Investment Fund

Fondo de Inversin Palestino

Palestinian National Authority PNA Palestinian Authority PA

Autoridad Nacional Palestina ANP Autoridad Palestina

Pan-American Association of Educational Credit Institutions APICE

Asociacin Panamericana de Instituciones de Crdito Educativo APICE

Pan-American Coffee Bureau PACB

Oficina Panamericana del Caf

Pan-American Development Foundation PADF

Fundacin Panamericana para el Desarrollo FUPAD

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page941

English Pan-American Health Organization PAHO

Spanish Organizacin Panamericana de la Salud OPS

Pan-American Railway Congress Association PARCA

Asociacin del Congreso Panamericano de Ferrocarriles ACPF

Pan-American Scientific Federation

CCP Confederacin Cientfica Panamericana

pandemic

pandemia

panel discussion

mesa redonda

panel expert [IMF-FAD, MAE]

experto experto consultor

Panel of Experts on Developing Island Countries

Grupo de Expertos sobre Pases Insulares en Desarrollo

panel regression panel data regression

regresin de datos de panel

Panel Study on Income Dynamics PSID

Estudio de Panel sobre Dinmica del Ingreso

panel expert panel

grupo de expertos grupo de consultores panel panel de expertos

panelist

panelista

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page942

English paper currency paper money [BPM5]

Spanish papel moneda [MBP5]

paper loss unrealized loss book loss

prdida contable

paper [finance]

efectos papeles comerciales ttulos

par bond exchange [debt restructuring]

canje de bonos a la par operacin de canje de bonos a la par

par bond [debt restructuring]

bono a la par

par exchange

cambio a la par canje a la par

par value of currency central parity central parity rate

paridad

par value system

sistema de paridades

parallel banks

bancos paralelos

parallel contingency financing

financiamiento paralelo para contingencias financiamiento paralelo para imprevistos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page943

English parallel currency

Spanish moneda paralela

parallel economy

economa paralela

parallel exchange market

mercado de cambio paralelo

parallel exchange rate

tipo de cambio paralelo

parallel financing facility [Japan]

servicio de financiamiento paralelo

parallel financing side financing

financiamiento paralelo

parallel market [SNA93]

mercado paralelo [SCN93]

parameter

parmetro

parastatal

empresa paraestatal

paratariff paratariff measure

medida paraarancelaria

parent bank

casa bancaria matriz

parent company parent corporation parent enterprise

sociedad matriz empresa matriz casa matriz

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page944

English parent population

Spanish poblacin madre

Pareto distribution

ley de Pareto

pari passu clause [London Club]

clusula pari passu clusula de igualdad de rango

Paris Agreement Louvre Agreement

Acuerdo de Paris Acuerdo del Louvre

Paris Club Secretariat

Secretara del Club de Pars

Paris Club standards

normas del Club de Pars

Paris Club [SNA93; Debt Guide 1993]

Club de Pars [Gua de la deuda, 1993; SCN93] Club de Paris

Paris Declaration on Aid Effectiveness

Declaracin de Pars sobre la Eficacia de la Ayuda

Paris Office [IMF-EUR] EUO/PA

Oficina del FMI en Pars

parity

relacin de paridad paridad [SCN93]

parity grid grid of parities grid

parrilla de paridades red de relaciones de paridad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page945

English parity value

Spanish valor a la par, nominal valor paritario

Parliamentary Network on the World Bank [World Bank] PNoWB

Red Parlamentaria sobre el Banco Mundial PNoWB

parsimonious conditionality parsimony principle of parsimony

condicionalidad restringida condicionalidad de alcance limitado

partial convertibility

convertibilidad parcial

partial correlation

correlacin parcial

partial correlation coefficient

coeficiente de correlacin parcial

partial derivative (of x with respect to y) [mathematics]

derivada parcial

partial dollarization de facto dollarization

dolarizacin parcial dolarizacin de facto

partial interest forgiveness

condonacin parcial de los intereses adeudados

partial topping-up

aumento parcial del alivio

participant [IMF, SDR Department]

participante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page946

English participating preferred share participating preference share [corporations]

Spanish accin preferente que entraa participacin accin con preferencia en materia de participacin accin preferencial con derecho a dividendos

participating share participating stock

accin privilegiada accin con privilegio de participacin

participation certificate [BPM5]

certificado de participacin [MBP5]

participation instrument

instrumento de participacin

participative management

direccin participativa gestin participativa

participatory poverty assessment [World Bank]

evaluacin de la pobreza con participacin de los afectados

participatory PRSP [PRGF] full participatory PRSP

proceso plenamente participativo de elaboracin del DELP

partition function

funcin de particin

partition value

valor de particin

partner

socio copartcipe

Partner States of East African Community

Estados Asociados de la Comunidad del Africa Oriental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page947

English partnership

Spanish asociacin sociedad sociedad colectiva

Partnership for Capacity Building in Africa [IBRD] PACT

Asociacin para el Fortalecimiento de las Capacidades en Africa

Partnership for Peace [NATO]

Alianza para la Paz

Partnership for Sustainable Global Growth, Declaration on [Interim Committee]

Alianza para el crecimiento sostenible de la economa mundial, Declaracin sobre la

Partnership Group [IBRD-PACT]

Grupo de Fomento de las Asociaciones

partnerships [BPM6]

sociedades limitadas [MBP6]

part-time employment

empleo a jornada incompleta empleo a tiempo parcial empleo a jornada parcial

part-time worker

trabajador a media jornada empleado a jornada incompleta trabajador a tiempo parcial

party line [telephony]

lnea compartida

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page948

English Pascal distribution negative binomial distribution

Spanish distribucin de Pascal

pass on [lending]

represtar

passbook savings account passbook account

cuenta en libreta de ahorro cuenta en cartilla de ahorros

passenger services [BPM5]

servicios de pasajeros [MBP5]

passive bribery

soborno pasivo corrupcin pasiva cohecho pasivo

pass-through basis, borrowing on a

transferencia inmediata, prstamo con

pass-through certificate pass-through security

certificado de transferencia de prstamos valor titulizado

pass-through of international prices

traspaso de los precios internacionales a los precios internos

pass-through taxation pass-through shifting of tax

percusin del impuesto transmisin traslado traslacin del impuesto repercusin del impuesto

password

contrasea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page949

English past due interest PDI

Spanish intereses vencidos

past due loan

vencido [MEFP]

patent

patente

patent life

duracin de las patentes

patented entity

derecho patentado patente

PATS Unit [INS/AV/IF/PA] Participant Applicant Tracking System Unit

Unidad del Sistema de Seguimiento de Solicitantes y Participantes

pattern of trade trade pattern

estructura del comercio estructura de los intercambios comerciales

pay parity

paridad salarial

payable

por pagar pagadero exigible

payable-receivable basis [SNA93]

registro de derechos exigibles [SCN93] base de derechos exigibles [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page950

English payable-through account [money laundering]

Spanish cuenta de transferencias de pagos en otras plazas [ALD/LFT]

pay-as-you-earn withholding PAYE

retencin del impuesto en la fuente retencin en la fuente retencin en el origen

pay-as-you-go financing [retirement; insurance] PAYG pay-as-you-earn financing

financiamiento mediante el sistema de reparto financiamiento con ingresos corrientes

pay-as-you-go system PAYG unfunded system unfunded pension plan [Balance of Payments Manual - 5th edition] unfunded retirement scheme

rgimen de reparto sistema de reparto rgimen de financiacin de los pagos con ingresos corrientes caja de pensin financiada sin constitucin de un fondo especial para pagos futuros sistema de jubilacin no basado en fondos asignados

pay-back period

perodo de recuperacin de la inversin

paying agency paying agent

organismo pagador organismo que efecta el desembolso

paying bank

banco pagador

payment approach

enfoque del pago enfoque de pago

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page951

English payment arrears [IMF] arrears

Spanish pagos en mora mora atrasos en los pagos atrasos pagos atrasados [SCN93] atrasos de pagos

payment in kind

pago en especie

payment leads and lags

adelantos y atrasos en los pagos

payment order

orden de pago autorizacin de pago

payment voucher payment form

recibo de pago comprobante de pago

payment [securities settlement systems]

pago

payments dollarization

dolarizacin de pagos

payments restriction

restricciones de pagos restricciones a los pagos

pay-out ratio

tasa de recuperacin de la inversin

payroll tax

cargas sociales impuestos sobre sueldos y salarios impuesto sobre la nmina cotizaciones salariales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page952

English payroll tax relief

Spanish reduccin de los impuestos sobre la nmina

Payroll Unit [FIN/AX/PP/PA]

Unidad de Liquidacin de Sueldos

payroll [GFSM]

nmina [MEFP] planilla de liquidacin de sueldos

Payroll, Pensions and Tax Unit

Unidad de Liquidacin de Sueldos, Pensiones e Impuestos

Peace Agreement [UN]

Acuerdo de Paz

peace dividend

dividendo de la paz

Peace Pole

Pilar de la Paz

peace-loving nation

pas pacifista pas amante de la paz

peak

nivel mximo nivel ms alto cima del ciclo econmico cresta

peakedness

apuntamiento

Pecking Order Theory of Financial Gearing pecking-order model of financing choice

Teora de la jerarqua de fuentes de financiamiento Teora del pecking order

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page953

English peer pressure

Spanish presin de los pares presin social

peer review [Publications] group review

juicio de los pares examen de los pares presin de los pares referato

PEFA Public Expenditure and Financial Accountability program [IBRD]

Programa de gasto pblico y rendicin de cuentas financieras [IBRD]

peg a currency to

fijar la paridad vincular una moneda a establecer un tipo de cambio fijo en relacin con

peg [exchange rates]

unidad de referencia moneda de referencia

pegged exchange arrangement pegged exchange rate regime pegged regime currency peg pegging

rgimen de tipo de cambio fijo rgimen cambiario fijo

pegged exchange rate

tipo de cambio fijo tipo de cambio fijo frente a otra moneda

pegged exchange rates within horizontal bands [IMF exchange rate classification system, 2006]

tipos de cambio fijos dentro de bandas horizontales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page954

English penalty

Spanish sancin sancin pecuniaria

penalty charge [arrears]

cargo punitivo comisin de penalizacin

penalty clause

clusula penal clusula de penalizacin

penalty interest rate penalty interest penalty rate

inters punitivo inters punitorio [Arg.] inters de penalizacin

penalty rate [fig.] punitive rate

tasa disuasoria tasa punitiva

pending claim outstanding claim

demanda pendiente

pending litigation

litigio pendiente

pension

jubilacin pensin

pension and annuity services [BPM5]

servicios relacionados con las cajas de pensiones y de renta vitalicia [MBP5]

Pension and Tax Unit [FIN/AX/PP/PT]

Unidad de Pensiones e Impuestos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page955

English pension benefits

Spanish prestaciones jubilatorias prestaciones de jubilacin

Pension Committee [IMF] PC

Comisin de Jubilaciones

pension fund [BPM5; BPM6; GFSM]

fondo de pensiones [MBP6] caja de pensiones [MBP5; MEFP]

pension funds services [SNA93]

servicios de cajas de pensiones [SCN93]

pension parity adjustment system

sistema de ajuste del valor de las pensiones

pension plan pension scheme

caja de pensiones sistema de jubilacin plan de jubilaciones plan de pensiones fondo de pensiones caja de jubilaciones

pension portability portability pension transferability transferability

transferibilidad

pensionable salary pensionable wage

sueldo computable a efectos de la jubilacin salario computable a efectos jubilatorios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page956

English pent-up demand

Spanish demanda reprimida demanda latente

per capita per head

per cpita por habitante

per night allowance [IMF-HRD] per diem

viticos dietas

perceived risk [FSIG]

riesgo percibido [GISF]

percentage change

variacin porcentual

percentage point

punto porcentual

percentile [statistics]

percentil

perfect capital mobility

movilidad perfecta del capital

perfect competition

competencia perfecta

perfect foresight

previsin perfecta

perfect foresight model

modelo de previsin absoluta modelo de previsin perfecta

perfect substitute

sustituto perfecto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page957

English performance appraisal performance evaluation performance assessment

Spanish evaluacin del desempeo

performance bond

garanta de ejecucin fianza de cumplimiento (de un contrato) garanta de cumplimiento

performance budgeting system performance-based budgeting performance budgeting performance budget output budget

presupuesto por resultados sistema presupuestario en base a resultados

performance clause

clusula de ejecucin

performance criterion [IMF] PC

criterio de ejecucin

performance indicators of public expenditure

indicadores de evolucin del gasto pblico indicadores de eficiencia del gasto pblico

performance of financial obligations

cumplimiento de obligaciones financieras

performance period [HIPC]

perodo durante el cual los pases deben producir resultados perodo de cumplimiento de obligaciones

performance shortfalls

resultados no logrados

performance test [HIPC]

verificacin de los resultados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page958

English performance variable

Spanish variable de resultados

performance [BPM5; GFSM]

desempeo [MEFP] resultado [MBP5] situacin evolucin trayectoria

performance-related contract performance contract management contract development contract

contrato vinculado a resultados contrato por resultado contrato de gestin contrato de desarrollo

performing loan performing debt

deuda al corriente prstamo redituable prstamo productivo prstamo en situacin regular

perimeter of regulation regulatory perimeter

permetro de la regulacin permetro regulatorio

period analysis sequence analysis

anlisis de secuencia

period of consent [IMF quota increase]

plazo de aceptacin plazo para notificar la aceptacin plazo de notificacin del consentimiento

period of consolidation

perodo de consolidacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page959

English periodic charges [IMF]

Spanish cargos peridicos

periodic consultation [IMF]

consulta peridica

Periodic Monitoring Report PMR

Informe Perodico de Seguimiento

Periodicals Section [ADM/JL/XP]

Seccin de Publicaciones Peridicas

periodicity [IMF-EBB]

periodicidad (de los datos)

periodogram

periodograma

peripatetic mission

misin peridica de corto plazo

periphery countries euro area periphery

pases de la periferia periferia de la zona del euro

Permanent Commission for Foreign Trade [Council for Mutual Economic Assistance]

Comisin Permanente para el Comercio Exterior [Consejo de Asistencia Econmica Mutua]

Permanent Committee of the Industrial Development Board [UNIDO]

Comit Permanente de la Junta de Desarrollo Industrial

permanent debt [BPM6]

deuda permanente [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page960

English Permanent Executive Committee of the Inter-American Council for Education, Science, and Culture [OAS] CEPCIECC

Spanish Comisin Ejecutiva Permanente del Consejo Interamericano para la Educacin, la Ciencia y la Cultura CEPCIECC

Permanent Executive Committee of the Inter-American Economic and Social Council [OAS] CEPCIES

Comisin Ejecutiva Permanente del Consejo Interamericano Econmico y Social CEPCIES

Permanent Interstate Committee for Drought Control in the Sahel

Comit Interestatal Permanente sobre Control de la Sequa en el Sahel

permanent liquidity [IMF]

liquidez permanente

Permanent Secretariat of the General Treaty on Central American Economic Integration SIECA

Secretara Permanente del Tratado General de Integracin Econmica Centroamericana SIECA

perpetual bond nonredeemable bond nonmaturing bond annuity bond consol [GBR]

bono perpetuo

perpetual floating rate note

pagar perpetuo con tasa de inters variable pagar perpetuo con tasa de inters flotante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page961

English perpetual inventory method PIM perpetual inventory system

Spanish mtodo de inventario permanente sistema de inventario perpetuo mtodo de inventario perpetuo

Personal Assistant to the Managing Director [IMF-OMD]

Asistente Personal del Director Gerente

personal computer PC

ordenador personal [Esp.] computador(a) personal [Am. Lat.]

personal consumption expenditure PCE private consumption expenditure

gasto de consumo personal gasto de consumo privado

personal effects [BPM5] personal property

efectos personales [MBP5]

personal exemption [taxation] personal allowance

deduccin por gastos personales o cargas de familia

personal income tax

impuesto sobre la renta de las personas fsicas IRPF

personal income [macroeconomics]

renta de los particulares renta personal ingreso personal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page962

English personal property [taxation]

Spanish bienes muebles

personal savings

ahorro personal ahorro de los particulares

personal travel [BOP]

viajes personales

Personnel Assistant

Auxiliar de Personal

Personnel Assistant, Senior

Auxiliar Principal de Personal

Personnel Committee [IMF]

Comite de Asuntos relativos al Personal

Personnel Manager, Senior [IMF] SPM

Gerente de Recursos Humanos

Personnel Officer

Oficial de Personal

Personnel Officer, Senior [IMF-ADM]

Oficial Principal de Personal

Personnel Payments Section [FIN/AX/PP]

Seccin de Pagos al Personal

Personnel Records Section

Seccin de Registros de Personal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page963

English Personnel Systems Manager [IMF-TGS]

Spanish Administrador de Sistemas Informticos del Servicio de Personal

Personnel Systems Manager, Senior [IMF-TGS]

Administrador Principal de Sistemas Informticos del Servicio de Personal

Personnel Systems Officer [IMF-TGS]

Oficial de Sistemas Informticos del Servicio de Personal

perturbation (analysis)

anlisis de perturbacin

perverse effect

efecto perverso efecto pernicioso

peso problem

problema del peso

pesoization pesofication pesification

pesificacin [Argentina]

petrodollar

petrodlar

petty cash

caja chica, de gastos menores, para pagos menores

phase out

eliminar por etapas abolir progresivamente

phased debt operations

operaciones escalonadas de (reprogramacin de la) deuda

phasing clause

clusula de escalonamiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page964

English phasing of purchases [IMF] phasing

Spanish escalonamiento [P45] escalonamiento de las compras

Phillips curve

curva de Phillips

Photographer [IMF-TGS]

Fotgrafo

Photographic and Digital Imaging Unit [ADM/AS/GR/PH]

Unidad de Fotografa e Imgenes Digitales

Photographic Unit [TGS/DG/GR/PH]

Unidad de Fotografa [TGS/LS]

Photography Unit [ADM/AS/GR/PH]

Unidad de Fotografa

physical asset real asset tangible asset

activo fsico activo material

physical capital

capital fsico

physical infrastructure

infraestructura fsica

physical inspection

inspeccin material

physical product [centrally planned economies]

producto fsico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page965

English PIBS

Spanish participaciones de capital permanentes que devengan intereses

pie chart

grfico de sectores sectores circulares grfico circular grfico sectorial

piecemeal approach

enfoque fragmentario enfoque parcial

piecemeal development

desarrollo gradual

pierce the corporate veil

penetrar el velo de la responsabilidad quebrar el velo corporativo descorrer el velo societario

Pigouvian tax corrective tax ecotax

impuesto de Pigou impuesto Pigou ecotasa

PIGS countries GIPS

grupo de pases PIGS grupo integrado por Portugal, Irlanda, Grecia y Espaa

pioneer industry

industria de vanguardia industria pionera

pipeline [oil, gas]

oleoducto gasoducto

pipeline, in the

preparacin, en tramitacin, en

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page966

English place holder [budget]

Spanish partida provisoria

placement of issues

colocacin de emisiones

placement [securities]

colocacin

plain vanilla asset-backed security vanilla ABS vanilla asset-backed security

valores bsicos respaldados pro activos (plain vanilla) ABS bsico

Plan of Action for Strengthening Co-operation, Solidarity and the Action Capacity of Non-aligned and other Developing Countries

Plan de Accin para Fortalecer la Cooperacin, la Solidaridad y la Capacidad de Accin de los Pases no Alineados y dems Pases en Desarrollo

Plan of Action of Mar del Plata

Plan de Accin de Mar del Plata

planning agency

organismo de planificacin

Planning Team Unit [TGS/DF/PT]

Unidad de Planificacin

planning-programming-budgeting system PPBS program-based budgeting system program budget program budgeting

sistema de planificacin, programacin y presupuestacin sistema de presupuesto planificado de programas SPPP presupuesto por programas presupuesto programa

plant and equipment

instalaciones y equipo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page967

English platemaker

Spanish clisador

Plaza accord Plaza agreement

Acuerdo del Plaza

pledge [BPM5]

dar en garanta pignorar [MBP5] dar en prenda

pledged account

cuenta comprometida

pledged asset pledge

activo comprometido prenda activo dado en prenda activo prendado caucin garanta

pledged gold

oro en prenda

pledging conference [debt restructuring]

conferencia para anunciar contribuciones

plotting paper

papel cuadriculado

plow back

reinvertir

plus infinity

infinito positivo

point estimate

estimacin puntual

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page968

English point of valuation

Spanish punto de valoracin

point-in-time rating PIT

calificacin PIT

point-of-sale terminal [banking; US]

terminal de punto de venta

Poland and Hungary Action for Restructuring of the Economy PHARE

Polonia-Hungra: Accin para la Reestructuracin Econmica [EC] PHARE

Ple-Dette [BEAC/BCEAO] Regional Debt Management Training Unit for Central Africa and Western Africa

Ple Dette Unidad Regional de Capacitacin en Gestin de la Deuda, para el frica Central y Occidental

policies and practices of the IMF

polticas y prcticas del FMI

policies and procedures of the Fund

polticas y procedimientos del FMI

policy

poltica

policy advice

asesoramiento de poltica econmica

Policy Advisor, Senior [IMF-RES]

Asesor Principal sobre Polticas [SV]

policy Board paper

documento del Directorio sobre cuestiones de poltica

policy buffer

margen de maniobra para aplicar polticas anticclicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page969

English Policy Communication Division [EXR/PO]

Spanish Divisin de Comunicaciones sobre Polticas

Policy Development and Review Department [IMF] PDR

Departamento de Elaboracin y Examen de Polticas

Policy Discussion Paper [IMF document series; PDP/...] PDP

documento de anlisis de poltica econmica

policy framework paper [IMF-IBRD] PFP

documento sobre parmetros de poltica econmica

Policy Implementation Committee PIC

Comite de Aplicacin de Polticas

policy instrument

instrumento de poltica (econmica, monetaria, ...)

policy interest rate policy rate policy-related rate

tasa de inters indicativa tasa de inters indicativa de la poltica monetaria tasa de inters de poltica monetaria [WHD REO] tasa de inters de intervencin tasa de intervencin tasa de inters clave tasa de inters bsica

policy issue [IMF, Executive Board]

cuestin de poltica cuestin de poltica econmica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page970

English policy matrix [PRSP]

Spanish matriz de poltica econmica

policy mix

combinacin de medidas (de poltica econmica) articulacin de las polticas

Policy Monitoring Arrangement PMA

Mecanismo de Seguimiento de las Polticas MSP

policy of restraint

poltica de moderacin poltica de austeridad [a veces]

Policy on Categories of Employment [IMF]

Reglas sobre categoras de empleo

policy on enlarged access to the Fund's resources [IMF] enlarged access policy [IMF] EAP

poltica de mayor acceso a los recursos del FMI poltica de mayor acceso

policy package

paquete de medidas conjunto de medidas (de poltica) programa de medidas

Policy Review Division [SPR/PR] PRD

Divisin de Examen de Polticas

policy space

libertad de accin politika alan

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page971

English policy statement

Spanish declaracin de principios declaracin de poltica

Policy Support Instrument [IMF] PSI

Instrumento de Apoyo a la Poltica Econmica IAPE

policy traction

capacidad de traccin de las polticas traccin de las polticas

policy variable

variable de poltica variable de poltica econmica

Policy Wing [IMF-AFR]

rea de Polticas

policy-based guarantee [IBRD]

garanta en apoyo de polticas

policy-based lending [IBRD] policy loans

prstamos en apoyo de polticas

policymaker

autoridad responsable de la poltica econmica encargado de formular la poltica econmica responsable de la poltica econmica

policymaking

formulacin de la poltica econmica formulacin de polticas

policy-related asset

activo para fines de poltica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page972

English political economy

Spanish economa poltica

political price

precio poltico

political society

sociedad poltica

politically correct pc

polticamente correcto

politically exposed person PEP

personas del medio poltico PEP

polity

estructura poltica rgimen poltico organizacin poltica forma de gobierno

polity index

ndice de organizacin poltica

pollutant

contaminante

polluter country [environment]

pas contaminador

pollution tax

tasa retributiva por contaminacin [Col.]

polynomial

polinomio

polynomial function

funcin polinmica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page973

English Pontifical Council for Justice and Peace

Spanish Pontificio Consejo Justicia y Paz

Ponzi game Ponzi scheme

pirmide financiera de Ponzi

pooled mean group estimation [statistics]

estimacin sobre medianas de grupos

pooling arrangement

acuerdo de mancomunacin de recursos

pooling of interests method [accounting]

consolidacin de balances, mtodos de

population characteristics [statistics]

caractersticas de la poblacin

population growth

crecimiento demogrfico

population parameters [statistics]

parmetros de la poblacin

population pressure demographic pressure

presin demogrfica

population pyramid age pyramid

rbol de poblacin pirmide de poblacin pirmide etaria

population register

registro de poblacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page974

English population universe

Spanish poblacin

port services [BPM5]

servicios portuarios [MBP5]

portfolio

cartera portafolio

portfolio adjustment

ajuste de la cartera reajuste de la cartera

portfolio assets

activos en cartera

portfolio balance approach portfolio balance channel

enfoque de equilibrio de cartera

portfolio capital

capital de cartera

portfolio choice

seleccin de la cartera

portfolio choice theory

teora de la seleccin de carteras

portfolio composition

composicin de la cartera

portfolio debt flow

flujo de inversin de cartera en ttulos de deuda flujo de inversin de cartera en activos de renta fija

portfolio equity flow

flujo de inversin de cartera en acciones flujo de inversin de cartera en activos de renta variable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page975

English portfolio flow

Spanish flujo de inversin de cartera

portfolio insurance

cobertura de una cartera de acciones

portfolio investment

inversin de cartera

Portfolio Investment Survey

Encuesta coordinada sobre inversin de cartera

portfolio management

gestin de la cartera

portfolio manager

administrador de cartera

portfolio performance [IBRD] country portfolio performance [IBRD]

resultados de las operaciones de la cartera

portfolio shift portfolio reshuffling portfolio switching

reestructuracin de la cartera cambio de composicin de la cartera

Portugal, Ireland, Italy, Greece and Spain GIIPS PIIGS

grupo GIIPS Portugal, Irlanda, Italia, Grecia y Espaa grupo PIIGS

Portuguese Institute for Development Support [PRT] IPAD

Instituto Portugus de Apoyo al Desarrollo IPAD

Portuguese Section [TGS/LC/LP]

Seccin de Portugus

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page976

English position

Spanish posicin saldo situacin

position in the Fund net Fund position Fund position

posicin en el FMI saldo neto en el FMI posicin neta en el FMI

position paper [G-24]

documento en que se expone la posicin del Grupo documento en que se anuncia la posicin del Grupo

position statement

balance de situacin

position trading [futures] swing trading

especulacin a largo plazo

positive economics

economa positiva

positive externality external economy

externalidad positiva economa externa

positive feedback loop

cadena de interacciones positivas interaccin positiva

possibility curve

curva de posibilidad

post [a debit or credit], to [accounting]

traspasar trasladar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page977

English post cut-off date PCOD

Spanish fecha posterior a la fecha de corte

Post SCA-2 Administered Account

Cuenta Administrada Post CEC-2

post-activation review [CCL]

examen posterior a la activacin

postal saving system

servicio de ahorro postal

postal savings bank

caja postal de ahorros

postal services

servicios postales

post-allocation distribution [SDR]

distribucin posterior a la asignacin

Post-conflict and Natural Disaster Emergency Assistance Subsidy Account Post-Conflict Emergency Assistance Subsidy Account for PRGF-eligible members

Cuenta de Subvencin para Asistencia de Emergencia a Pases en Situacin de Posconflicto y para Catstrofes Naturales Cuenta de Subvencin para Asistencia de Emergencia a Pases en Etapa de Posguerra habilitados en el marco de la Iniciativa para los PPME

post-conflict country

pas en situacin de posconflicto

post-conflict fund [IBRD] PCF

fondo para situaciones de posconflicto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page978

English Post-Conflict Reconstruction Fund [IBRD] PCRF

Spanish Fondo para la Reconstruccin de Pases en Etapa de Posconflicto Fondo Posconflicto

post-conflict recovery [post-conflict assistance]

reconstruccin en la etapa de posconflicto

post-conflict situation

situacin de posconflicto

postdated check

cheque posdatado cheque a fecha [CHL]

posted price

precio anunciado

post-ineligibility review [IMF, overdue financial obligations]

revisin ex-post de inhabilitacin revisin ex-post de la decisin de inhabilitacin

postpayment [BPM5]

pago diferido [MBP5]

post-program monitoring [IMF] PPM

seguimiento posterior a un programa

post-shortfall year [IMF, compensatory financing]

ao posterior a la insuficiencia

potential for drawing [IMF]

capacidad de giro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page979

English potential growth

Spanish crecimiento potencial crecimiento posible

potential output [macroeconomics]

producto potencial

Poverty and Social Impact Analysis Section [FAD/EP/PA]

Seccin de Anlisis del Impacto Social y en la Pobreza

Poverty and Social Impact Analysis poverty and social impact assessment PSIA

Anlisis del Impacto Social y en la Pobreza [WB] AISP

poverty assessment

evaluacin del nivel de pobreza determinacin del nivel de pobreza

poverty gap depth of poverty

brecha de pobreza

poverty head count

medicin de la pobreza

poverty line poverty income threshold

lnea de pobreza umbral de pobreza

poverty rate

ndice de pobreza

poverty reducing expenditure PRE pro-poor spending

gasto en reduccin de la pobreza gasto favorable a los pobres gasto que contribuye a reducir la pobreza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page980

English Poverty Reduction and Economic Management Network PREM

Spanish Red sobre Reduccin de la Pobreza y Gestin Econmica

Poverty Reduction and Growth Facility [IMF] PRGF

Servicio para el Crecimiento y la Lucha contra la Pobreza SCLP

Poverty Reduction and Growth Trust PRGT

Fondo Fiduciario para el Crecimiento y la Lucha contra la Pobreza FFCLP

Poverty Reduction Strategies Trust Fund [World Bank, HIPC] PRSTF

Fondo Fiduciario para las Estrategias de Reduccin de la Pobreza FFERP

Poverty Reduction Strategy Paper [IMF-IBRD] PRSP National Poverty Reduction Strategy Paper [GNB] NPRSP

Documento de Estrategia de Lucha contra la Pobreza DELP ERP

Poverty Reduction Strategy PRS

estrategia de reduccin de la pobreza ERP

Poverty Reduction Support Credit [World Bank] PRSC

crdito de apoyo a la lucha contra la pobreza

poverty trap low-wage trap

trampa de la pobreza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page981

English poverty-reducing growth [IBRD]

Spanish polticas de crecimiento orientado a la reduccin de la pobreza, la aminoracin de la pobreza

power

potencia

power of a test

potencia de una verificacin

power of the polynomial

potencial del polinomio

power of the test against the alternative

potencia del test contra la alternativa

power of variation [IMF]

margen de interpretacin

power to postpone

facultad para aplazar

PPP-GDP

PIB PPA

PPP-GDP booster

complemento por PIB PPA

Precautionary and Liquidity Line PLL

Lnea de Precaucin y Liquidez LPL

precautionary arrangement [IMF] precautionary program

acuerdo precautorio acuerdo de carcter precautorio

precautionary balances [IMF]

saldos precautorios [P45] saldos de precaucin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page982

English Precautionary Credit Line PCL

Spanish Lnea de Crdito Precautorio LCP

precautionary demand for money

demanda precautoria de dinero demanda de dinero por motivo de precaucin demanda de dinero con fines de precaucin

precautionary instrument

instrumento precautorio

precautionary motive

motivo de precaucin motivo precaucin

precautionary saving

ahorro por precaucin

precious metals and stones

metales y piedras preciosas

pre-cutoff-date-debt [Paris Club]

deuda anterior a la fecha de corte

predatory pricing

precios desleales(, prctica de) precios abusivos(, prctica de)

predetermined drain (on foreign currency assets) predetermined net drain (on foreign currency assets) predetermined drain

drenaje predeterminado drenaje predeterminado neto

predetermined variable

variable predeterminada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page983

English predicate offense [money laundering] underlying offense predicate crime underlying crime

Spanish delito subyacente delito determinante

predictability

previsibilidad

predictive power

capacidad predictiva poder de prediccin capacidad de prediccin

predominant center of economic interest center of predominant economic interest

centro de inters econmico predominante [MBP6]

pre-emerging market country

pas de mercado preemergente

preference bond

obligacin preferente obligacin privilegiada bono preferencial bono preferido

preference erosion

erosin de las preferencias

preference margin

margen de preferencias margen preferencial

preferential tariff arrangement

acuerdo arancelario preferencial

preferential trade agreement PTA

acuerdo de comercio preferencial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page984

English Preferential Trade Area for Eastern and Southern African States PTA

Spanish Zona de comercio preferencial para los Estados del frica Oriental y del frica Austral ZCP

preferred creditor

acreedor privilegiado

preferred share preferred stock preference share [GBR]

accin que confiere preferencia accin preferente accin privilegiada accin preferencial

preferred share/equity

acciones preferenciales

pre-industrial society

sociedad pre-industrial

pre-investment study

estudio de preinversin

premium received

prima cobrada

premium [in general]

prima de seguro [SCN93] prima

premiums less claims [BPM5]

primas menos indemnizaciones [MBP5]

prepaid expenses unexpired expenses

gastos prepagados gastos pagados por adelantado

Preparatory Commission of the International Fund for Agricultural Development

Comisin Preparatoria del Fondo Internacional para el Desarrollo Agrcola

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page985

English Preparatory Committee for HABITAT at United Nations Headquarters

Spanish Comit Preparatorio para HABITAT en la Sede de las Naciones Unidas

Preparatory Committee for the New International Development Strategy [UN]

Comit Preparatorio de la Nueva Estrategia Internacional del Desarrollo

Preparatory Committee for the United Nations Conference on Trade and Employment

Comisin Preparatoria de la Conferencia de Comercio y Empleo

Preparatory Committee of the United Nations Conference on Environment and Development

Comit Preparatorio de la Conferencia de las Naciones Unidas sobre el Medio Ambiente y el Desarrollo

prepayment

pago anticipado anticipo

prepayment clause [lending]

clusula de reembolso anticipado

prepayment of debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] debt prepayment

pago anticipado de la deuda [Gua de la deuda, 1993] reembolso anticipado de deudas [Gua de la deuda, 1993]

prepayment of premiums and reserves against outstanding claims

pago anticipado de primas y reservas contra indemnizaciones pendientes anticipo de primas y reservas contra indemnizaciones pendientes de liquidacin

prerequisite of quality [DQAF]

condicin previa de la calidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page986

English prescribed operation [SDR]

Spanish operacin autorizada

prescribed SDR holder [IMF] prescribed holder of SDRs

tenedor autorizado de DEG

prescribed standard [IMF-EBB]

norma obligatoria

prescription of currency requirements [IMF, AREAER] prescription of currency

moneda que debe utilizarse en los pagos moneda de pago

present discounted value [GFSM] PDV present value time value of money

valor presente valor actualizado valor descontado valor actual

pre-shortfall year [IMF, compensatory financing]

ao anterior a la insuficiencia

President [European Court of Auditors]

Presidente

press briefing

rueda de prensa conferencia de prensa

press conference

conferencia de prensa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page987

English Press Information Notice [IMF-EXR] PIN

Spanish nota de informacin a la prensa

Press Officer [IMF-EXR]

Oficial de Prensa

press operator

operador de prensa

Press Release [IMF document series; PR/...] PR

comunicado de prensa

Press Report [IMF document series; PREP/...] PREP

informe de prensa

Press Summary [IMF]

Resumen de prensa

presumed publication

autorizacin presunta de publicacin autorizacin implcita de publicacin

presumptive assessment [taxation]

liquidacin sobre base presuntiva [Am. Lat.]

prevailing market price

precio vigente en el mercado

prevailing market rate going rate

tipo de cambio del mercado tipo de cambio vigente en el mercado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page988

English prevention [IMF overdue financial obligations] preventive action preventive measure

Spanish prevencin accin preventiva medida preventiva

preventive measures

medidas preventivas

previously rescheduled debt [Debt Guide, 1993; Paris Club] PRD

deuda previamente reprogramada [Gua de la deuda, 1993] DPR

PRGF and HIPC Financing Division [FIN/PH]

Divisin de Financiamiento del SCLP y la Iniciativa para los PPME

PRGF arrangement [IMF]

acuerdo en el marco del SCLP

PRGF Operations Division [SPR/GF] POD

Divisin de Operaciones del Servicio para el Crecimiento y la Lucha contra la Pobreza Divisin de Operaciones del SCLP

PRGF subaccount [IMF]

subcuenta de los PPME

PRGF Trust Loan Account Loan Account

Cuenta de Prstamos de la Cuenta Fiduciaria del SCLP Cuenta de Prstamos

PRGF Trust loan [IMF]

prstamo de la Cuenta Fiduciaria del SCLP prstamo en el marco de la Cuenta Fiduciaria del SCLP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page989

English PRGF Trust Reserve Account [IMF] Reserve Account

Spanish Cuenta de Reservas de la Cuenta Fiduciaria del SCLP

PRGF Trust Subsidy Account Subsidy Account

Cuenta de Subvencin de la Cuenta Fiduciaria del SCLP Cuenta de Subvencin

PRGF Trust [IMF]

Cuenta Fiduciaria del SCLP

PRGF/EFF blending

combinacin SCLP/SAF

PRGF-ESF Trust

Cuenta Fiduciaria SCLP-SSE

PRGF-HIPC subaccount [IMF]

subcuenta SCLP-PPME

PRGF-HIPC Trust Account [IMF]

Cuenta Fiduciaria SCLP-PPME

PRGF-HIPC Trust Instrument

Instrumento de creacin del Fondo Fiduciario SCLP-PPME

PRGF-HIPC Trust [IMF]

Fondo Fiduciario SCLP-PPME

price and volume measures

medidas de precio y volumen

price boom

alza sbita aumento explosivo de los precios alza de precios rpida alza repentina

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page990

English price change

Spanish cambio de precio variacin de los precios

price collection

recoleccin de precios recoleccin de datos sobre precios

price collector [CPI]

agente de recoleccin de precios agente encargado de recolectar los (datos sobre) precios

price component

componente precio

price control

control de (los) precios regulacin de (los) precios

price cutting

recorte de precios reduccin de precios

price data

datos de precios datos sobre (los) precios

price discovery [FSIG]

descubrimiento de precios [GISF]

price discrimination discriminatory pricing

discriminacin de precios fijacin discriminatoria de precios

price elasticity

elasticidad con respecto al precio elasticidad-precio

price elasticity of demand

elasticidad-precio de la demanda elasticidad de la demanda con respecto al precio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page991

English price expectation

Spanish expectativa de precios expectativa con respecto a los precios

price fixing agreement

fijacin de precios por acuerdo pacto de imposicin de precios

price follower

seguidor de precios

price formation

formacin de precios [GISF]

price freeze

congelacin de precios

price incentive

incentivo de precios incentivo a travs de los precios

price index

ndice de precios

price indexation

indizacin de precios

price inflation

inflacin de precios

price leader

agente econmico que impone el precio lder de precios empresa lder en materia de precios

price leadership

liderazgo de precios

price level [SNA93]

nivel de precios [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page992

English price maker price setter

Spanish agente econmico que determina el precio formador de precios

price movement

evolucin de (los) precios variacin de (los) precios

price premium

sobreprecio

price raising agreement [international commodity agreements]

convenio de elevacin de los precios

price range

escala de precios gama de precios

price ratio

cociente de precios relacin de precio

price rationing

racionamiento por medio de los precios

price rigidity

rigidez de precios

price sensitivity

sensibilidad al precio sensibilidad con respecto al precio

price shock

shock de precios

price signal

seal emitida por los precios

price stability

estabilidad de precios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page993

English price taker

Spanish agente econmico sin influencia en el precio tomador de precios

price updating of weights [CPI]

actualizacin de los precios de las ponderaciones

price-earnings ratio PER PE ratio

relacin precio-beneficios relacin precio-ganancia

price-sensitive information price-sensitive data

informacin que podra influir sobre los precios datos que podran afectar a los precios

pricing policy price policy

poltica de fijacin de precios poltica de precios

pricing price setting price determination

fijacin de precios clculo de precios determinacin de precios

primary budget

presupuesto primario

Primary Commodities Price Index PCPI

ndice de precios de productos primarios

primary dealer

operadores primarios

primary deficit [budget]

dficit primario

primary deposit

depsito primario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page994

English primary education [GFSM] elementary education

Spanish educacin primaria [MEFP]

primary energy

energa primaria

primary exporting country

pas exportador de productos primarios

primary fiscal balance primary balance

saldo fiscal primario resultado primario

primary health care

atencin primaria de salud

primary input

insumo primario

primary liquidity

liquidez primaria

primary market

mercado primario

primary money

dinero primario

primary operating balance

resultado operativo primario

primary producing country

pas de produccin primaria

primary product primary commodity commodity

producto primario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page995

English primary reserve assets primary reserves [banking; USA]

Spanish reservas primarias activos primarios de reserva

primary sampling unit PSU

unidad primaria de muestreo UPM

primary surplus [budget]

supervit primario

prime borrower

prestatario de primera clase prestatario de primera lnea

prime conforming mortgage prime conforming

hipoteca convencional de bajo riesgo hipotecas normales de bajo riesgo

prime corporate paper

efectos emitidos por empresas de primera clase

prime rate base lending rate BLR

tasa de inters preferencial tasa prime

principal

principal

principal enhancement [debt]

refuerzo de la calidad del principal

Principal Global Indicators PGI

iniciativa del G-20 sobre principales indicadores mundiales

principal income earner

principal sostn econmico (de la familia)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page996

English principal reserve asset

Spanish principal activo de reserva

principal-agent problem

problema principal-agente

principle of proximity

principio de proximidad

Principles and Guidelines for Effective Insolvency and Creditor Rights Systems [World Bank]

Principios y lneas rectoras para sistemas eficientes de insolvencia y de derechos de los acreedores (del Banco Mundial)

Principles for Stable Capital Flows and Fair Debt Restructuring in Emerging Markets [IMF]

Principios para la estabilidad de los flujos de capital y la reestructuracin equitativa de la deuda en los mercados emergentes

Principles for the Guidance of Members' Exchange Rate Policies PGMs Principles for the Guidance of Members

Principios que orientarn las polticas de tipo de cambio de los pases miembros Principios rectores

Printer/Copier Operator [IMF-TGS]

Operador de Impresora/Copiadora

Printing Unit

Unidad de Impresin

prior action [IMF arrangements] PA

acciones previas medidas previas

prior challenge, not subject to [IMF]

objetar a priori, no

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page997

English prior probability [statistics] ex-ante probability

Spanish probabilidad ex-ante

prioritization of debt ranking of claims

establecimiento de un orden de prioridad de la deuda establecimiento de un orden de prelacin de los crditos establecimiento de un orden de precedencia de los crditos

prisoner's dilemma

dilema del prisionero

private banking

bancos privados banca privada

private consumption [IFS]

consumo privado

private contingent credit lines PCCL

lnea de crdito contingente privada

private creditor

acreedor privado

private demand

demanda privada

private enterprise

empresa privada

private equity

capital riesgo capital de riesgo

private equity firm

empresa de capital riesgo sociedad de capital riesgo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page998

English private equity fund private equity partnership

Spanish fondo de capital riesgo

private money supply

masa monetaria del sector privado medios de pago del sector privado

private nonprofit institution private nonprofit entity

institucin privada sin fines de lucro

private paper

ttulos privados efectos privados

private placement [securities] private offering

colocacin privada emisin privada suscripcin restringida

private rate of return PRR

tasa de retorno privada tasa de rentabilidad del sector privado tasa de rentabilidad para el sector privado

private savings

ahorro del sector privado ahorro privado

private savings rate

tasa de ahorro privado tasa de ahorro del sector privado

private sector development [IBRD] PSD

promocin del sector privado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page999

English private sector involvement [financial crises] PSI

Spanish participacin del sector privado

private sector [Paris Club]

sector privado

private unrequited transfers [IFS]

transferencias unilaterales privadas

private, public, and other partners PPOP

socios privados, pblicos y otros

private-label security

ttulo hipotecario privado

privatization

privatizacin

privatization receipts

ingresos por privatizaciones

privatization voucher

cupn de privatizacin

probability coefficient

coeficiente de probabilidad

probability distribution

distribucin de probabilidad

probability level [statistics] probability

probabilidad nivel de probabilidad

probability of default PD

probabilidade de cesacin de pagos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1000

English probability sampling

Spanish muestreo probabilstico

problem bank [bank supervision]

banco en situacin problemtica banco en dificultades

procedural guidelines [IMF Executive Board]

normas de procedimiento

procedures for conversion conversion procedures

procedimientos de conversin

proceedings [minutes]

actas

proceeds (from a sale)

producto (de una venta)

processing industry

industria de transformacin

processing trade [trade] processing traffic

trfico de perfeccionamiento [trade]

processing [BPM5; SNA93]

transformacin [MBP5] elaboracin procesamiento [SCN93] tratamiento

procurement

adquisiciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1001

English procurement price

Spanish precio oficial al proveedor precio oficial al productor

Procurement Section [TGS/DG/PR]

Seccin de Compras

procyclical

procclico que sigue los movimientos de la coyuntura

procyclical bias

sesgo procclico

pro-cyclical regulatory response

adopcin de medidas de regulacin procclicas

procyclicality

carcter procclico prociclicidad

produced asset

activo producido

producer price index PPI

IPP ndice de precios industriales IPI ndice de precios al productor IPP ndice de precios a la produccin

producer subsidy equivalent [GATT] PSE

equivalente en subvenciones al productor ESP

producer surplus

supervit del productor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1002

English producer's price producer price

Spanish precio al productor precio a la produccin precio en fbrica [a veces] precio de productor

producer's value

valor a precio de productor

product

producto

product moment [mathematics]

momento-producto

product wage

salario en unidades de producto

production account [BPM5; GFS 1986; SNA93]

cuenta de produccin [MBP5; SCN93]

production boundary

limite de la produccin

production externality

externalidad en la produccin

production factor factor of production factor input

factor de produccin

production function

funcin de produccin

production incentive

incentivo a la produccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1003

English production possibility frontier PPF production frontier production possibility boundary production possibility curve transformation curve

Spanish frontera de produccin frontera de las posibilidades de produccin curva de las posibilidades de produccin

production quota [OPEC]

cuota de produccin (de la OPEP)

production schedule

programa de produccin plan de produccin

production sharing contract PSC

contrato de reparticin de la produccin contrato de distribucin de la produccin

production-income lag

desfase produccin-ingreso

productive base

base de produccin base productiva

productive efficiency

eficiencia de la produccin eficiencia productiva

productivity

productividad [SCN93]

productivity gain

incremento de la productividad aumento de la productividad aumento de productividad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1004

English professional staff [IMF]

Spanish personal profesional

profit

beneficio lucro utilidad ganancia

profit and loss sharing certificate [FSIG; MFSM 2000] PLS

certificado de distribucin de utilidades y prdidas [GISF]

profit ratio profit margin margin

margen de beneficios tasa de rentabilidad margen de ganancia margen de utilidad

profit recipient

perceptor de beneficios

profit sharing

participacin en los beneficios participacin en las utilidades participacin en las ganancias

profit squeeze

reduccin de los mrgenes de beneficio reduccin de los mrgenes de utilidad reduccin de los mrgenes de ganancia

profit taking

toma de ganancias realizacin de utilidades toma de utilidades realizacin de beneficios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1005

English profit tax

Spanish impuesto sobre los beneficios impuesto sobre las ganancias impuesto sobre las utilidades

profit test

criterio de beneficio

profitability earning power

rentabilidad

profit-price spiral

espiral precios-beneficios

profits of export or import monopolies [GFSM; GFSY]

utilidades de los monopolios de exportacin o de importacin [MEFP]

profits of fiscal monopolies

utilidades de monopolios fiscales utilidades de los monopolios fiscales

program adjuster [IMF]

factor de ajuste automtico de un programa

program country [IMF]

pas que aplica un programa aprobado por el FMI

Program for Economic Cooperation among Developing Countries [UNIDO] ECDC Program

Programa de Cooperacin Econmica entre Pases en Desarrollo

program loan

prstamo para programas financiamiento para programas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1006

English program monitoring [IMF]

Spanish supervisin de programas [P45] monitoreo de programas [P45]

Program of (Technical) Assistance for the Commonwealth of Independent States PACIS

Programa de Ayuda Tcnica para los Pases de la Comunidad de Estados Independientes PACIS

Program of Assistance to Mitigate the Social Costs of Adjustment PAMSCAD

Programa de medidas para mitigar los costos sociales del ajuste

program review [IMF]

examen del programa revisin del programa

program trading [securities]

contratacin programada de valores burstiles

program-based approach PBA

enfoque programtico

Programmatic Structural Adjustment Loan [IBRD] PSAL

prstamo programtico para ajuste estructural

Programme of Action for the Least Developed Countries in the 1990's

Programa de Accin en favor de los Pases Menos Adelantados para el Decenio

Programme of Action of the International Conference on Population and Development

Programa de Accin de la Conferencia Internacional sobre la Poblacin y el Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1007

English Programme of Action of the World Summit for Social Development

Spanish Programa de Accin de la Cumbre Mundial sobre Deesarrollo Social

Programs Assistant [IMF-INS]

Auxiliar de Programas

progress payment

pago parcial pago a cuenta pago progresivo pago parcial

progress report status report

informe de avance [DELP] informe de situacin [DELP] informe sobre la labor realizada informe sobre la marcha de los trabajos informe de progreso

progressive tax

impuesto progresivo

progressivity [taxation]

progresividad

prohibition of short-sale prohibition of short sale

prohibicin de vender al descubierto

Project Administrator [IMF-FAD]

Administrador de Proyectos

project bonds

bonos para la financiacin de proyectos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1008

English project, to

Spanish prever segn las proyecciones efectuar una proyeccin

project-based partial credit guarantee

garanta parcial de crditos basada en los proyectos

project-based partial risk guarantee [IBRD]

garanta parcial contra riesgos basada en los proyectos

projected unit credit method [pension plans]

mtodo basado en las unidades de crdito proyectadas

projection

proyeccin

Projects Officer, Senior [IMF]

Oficial Principal de Proyectos

project-specific grant [public finance] project grant

subvencin para proyectos

project-to-project approach

enfoque basado en proyectos individuales

prolonged user of IMF resources [IMF]

pas que utiliza los recursos del FMI de manera prolongada

promissory note loan

prstamo garantizado con pagars

promissory note note

pagar

promotional cost

costo de promocin de ventas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1009

English prompt points [SDDS]

Spanish pautas de preparacin (de estadsticas)

proofreader

corrector de pruebas

Proofreader Indexer/Editor [IMF-BLS]

Corrector de Pruebas Indizador/Redactor

Proofreader/Editor

Corrector/Redactor

Proofreader/Editor, Senior

Corrector de Pruebas/Redactor Principal

Proofreader/Indexer [IMF-BLS]

Corrector de Pruebas/Indizador

Proofreading Assistant [TGS/L]

Auxiliar de Correccin de Pruebas

propensity to consume

propensin al consumo propensin a consumir

propensity to save

propensin al ahorro propensin a ahorrar

property and assets of the Fund [IMF]

bienes y activos del FMI

property expense

gastos de la propiedad

property expense attributed to insurance policyholders [GFSM 2001]

gasto de la propiedad atribuido a titulares de plizas de seguros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1010

English property income

Spanish renta de la propiedad ingreso de la propiedad

property income attributed to insurance policyholders

renta de la propiedad atribuida a los titulares de plizas de seguros ingreso de la propiedad atribuido a titulares de plizas de seguros ingreso de la propiedad atribuido a titulares de plizas de seguros

property right

derecho de propiedad

property tax tax on property

impuesto inmobiliario impuesto sobre la propiedad impuesto predial

property unit trust

fondo de inversin inmobiliaria

proportional income tax

impuesto proporcional sobre la renta

proposed amendment [IMF]

propuesta de enmienda [AA] propuesta de modificacin

proposed resolution [IMF]

propuesta de resolucin

proprietary product [IT]

producto exclusivo de la empresa fabricante

proprietary system

sistema protegido por derechos de propiedad intelectual

proprietary trading strategic trading

negociacin por cuenta propia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1011

English prospect theory

Spanish teora de las perspectivas

prospectus [securities issues]

folleto de emisin

protective tariff

arancel proteccionista

Protocol for the Suppression of Unlawful Acts against the Safety of Fixed Platforms located on the Continental Shelf

Protocolo para la represin de actos ilcitos contra la seguridad de las plataformas localizadas en la plataforma continental Protocolo para la represin de actos ilcitos contra la seguridad de las plataformas fijas emplazadas en la plataforma continental

Protocol for the Suppression of Unlawful Acts of Violence at Airports Serving International Civil Aviation, supplementary to the Convention for the Suppression of Unlawful Acts against the Safety of Civil Aviation

Protocolo para la represin de actos ilcitos de violencia en los aeropuertos que presten servicios a la aviacin civil internacional, complementario del Convenio para la represin de actos ilcitos contra la seguridad de la aviacin civil Protocolo para la represin de los actos ilcitos de violencia en los aeropuertos que presten servicios a la aviacin civil internacional, complementario del Convenio para la represin de actos ilcitos contra la seguridad de la aviacin ci

protracted arrears (to the Fund) [IMF]

atrasos persistentes ante el FMI atrasos prolongados en los pagos al FMI

protracted balance of payments problems

problemas persistentes de balanza de pagos

proven reserves [oil]

reservas comprobadas

provident fund [GMBS]

fondo de previsin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1012

English provision for uncollectible accounts allowance for bad debt provision for bad debts

Spanish provisin para cuentas de cobro dudoso provisin para deudas incobrables

provision [GBR] accruals [USA]

reserva [GISF] provisin [GISF] previsin [Arg]

provisional administration [bank supervision; insolvency] conservatorship

sindicatura intervencin cautelar [ARG] tutelaje [SPA] administracin provisional intervencin administracin judicial

provisional administrator [bank supervision; insolvency] conservator

administrador provisional interventor

Provisional Central Product Classification CPC Provisional CPC

Clasificacin Central Provisional de Productos revisada CPC CPC Provisional

provisional credit [GA]

abono provisional en cuenta

provisional liquidation

liquidacin provisional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1013

English provisional mean

Spanish media provisional

provisioning [BPM5; Debt Guide, 1993; FSIG] establishment of provisions

constitucin de reservas [Gua de la deuda, 1993] aprovisionamiento [MBP5] constitucin de provisiones [GISF]

proximate determinant

determinante prximo

proxy indicator [HIPC]

indicador aproximado

proxy variable proxy value proxy

variable sustitutiva variable representativa valor sustitutivo valor representativo valor indicativo

proxy [power of attorney]

procuracin poder(es) mandato

PRSP approach PRSP process [PRGF]

proceso de los DELP proceso de elaboracin de los DELP mecanismo de los DELP

PRSP Preparation Status Report [IMF-IBRD]

Informe de situacin sobre la preparacin del DELP

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1014

English PRSP Progress Report Annual PRSP Progress Report [IMF, World Bank-IDA] APR

Spanish Informe anual de situacin sobre la preparacin del DELP

prudent management rule

normas de gestin prudente

prudential

prudencial

prudential ratios [bank supervision]

coeficientes prudenciales

prudential regulation

regulacin prudencial

prudential standards

normas prudenciales reglas prudenciales

prudential supervision [banking]

supervisin prudencial

Public Affairs Division [EXR/PU]

Divisin de Relaciones Pblicas

Public Affairs Officer [IMF-EXR]

Oficial de Relaciones Pblicas

Public Affairs Officer, Senior [IMF-EXR]

Oficial Principal de Relaciones Pblicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1015

English public and publicly guaranteed debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish deuda pblica y deuda con garanta pblica [Gua de la deuda, 1993]

public auction

subasta pblica remate pblico

public authorities

autoridades pblicas autoridades gubernamentales

public authority budget

presupuesto estatal presupuesto pblico

public capital formation

formacin de capital del sector pblico

public choice

teora de la eleccin colectiva

public consumption

consumo pblico

public debt [Debt Guide, 1993; SNA93]

deuda pblica [Gua de la deuda, 1993; SCN93]

public domain

dominio pblico

public enterprise public corporation state enterprise state-owned enterprise SOE state-owned corporation government enterprise government corporation

empresa estatal empresa del Estado empresa pblica sociedad pblica corporacin pblica unidad productiva del gobierno

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1016

English public enterprises sector adjustment program [IBRD]

Spanish programa de ajuste del sector de las empresas pblicas

Public Expenditure Management Division I, II PEM1, PEM2

Divisin de Gestin del Gasto Pblico I, II

Public Expenditure Management Division PEMD

Divisin de Gestin del Gasto Pblico

public expenditure management PEM

gestin del gasto pblico GGP

Public Expenditure Review [IBRD] PER

estudio del gasto pblico

public finance [SNA93]

finanzas pblicas [SCN93]

public financial institution [GFS 1986] PFI

institucin financiera pblica

Public Financial Management Division, I, II [FAD/M1, M2] M1, M2

Divisin de Gestin de las Finanzas Pblicas I, II

public financial management PFM

gestin financiera pblica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1017

English Public Information Center [WB] PIC

Spanish Centro de Informacin Pblica PIC

Public Information Notice [IMF-EXR] PIN

nota de informacin al pblico

public issue of shares

colocacin pblica de acciones emisin pblica de acciones

public nonfinancial corporation

sociedad no financiera pblica

public nonmonetary enterprise [GFS 1986]

empresa pblica no monetaria

public offering [securities] public placement

emisin pblica

public or publicly guaranteed debt government or government-guaranteed debt

deuda contrada o garantizada por el Estado

public order and safety [GFS; GFSM; GFSY]

orden pblico y seguridad [MEFP]

public policy [GFSM]

poltica pblica [MEFP]

public sale

venta pblica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1018

English public sector bonds [BPM5; GFS 1986]

Spanish bonos del sector pblico [MBP5] bonos del Estado [GFS 1986]

public sector borrowing

endeudamiento del sector pblico

public sector borrowing requirement(s) PSBR

necesidades de financiamiento del sector pblico NFSP

public sector investment program PSIP public investment program PIP

programa de inversin pblica PIP programa de inversiones del sector pblico

public sector [GFSM]

sector pblico [MEFP]

public service government service

servicio pblico servicio estatal

public utility public service corporation utility

empresa de servicios pblicos

Publication Services Section [EXR/EP/PS]

Seccin de Servicios de Publicaciones

Publications Assistant [IMF-EXR]

Auxiliar de Publicaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1019

English Publications Assistant, Senior [IMF-EXR]

Spanish Auxiliar Principal de Publicaciones

Publications Officer [IMF-EXR]

Oficial de Publicaciones

Publications Section

Seccin de Publicaciones

Publications Stock Room [IMF-EXR]

Depsito de Publicaciones

Publications Unit

Dependencia de Publicaciones

publicly funded

financiado con fondos pblicos

publicly issued

emitido mediante suscripcin pblica emitido por suscripcin pblica

publicly listed company publiclly listed firm publicly traded company

sociedad cuyas acciones se cotizan en bolsa

publicly traded share

accin cotizada en bolsa

public-private partnership PPP PPIP

asociacin pblico-privada

pull factor

factor de atraccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1020

English punitive measure [IMF overdue financial obligations]

Spanish medida punitiva

purchase and assumption operations P&A

operaciones de compra y asuncin operaciones de exclusin de activos y pasivos

purchase [IMF]

compra

purchased goodwill [GFSM 2001; SNA93]

plusvala adquirida fondos de comercio adquiridos [SCN 93]

purchaser's price

precio de comprador precio de adquisicin

purchasers' value

valor a precio de comprador

Purchasing Assistant [TGS/D]

Auxiliar de Adquisiciones

Purchasing Assistant, Senior [TGS/D]

Auxiliar Principal de Adquisiciones

Purchasing Managers' Index PMI

Indicador de Pedidos Manufactureros [WHD REO]

Purchasing Officer [TGS/D]

Oficial de Adquisiciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1021

English Purchasing Officer, Senior [TGS/D]

Spanish Oficial Principal de Adquisiciones

purchasing power

poder de compra poder adquisitivo

purchasing power parity exchange rate PPP exchange rate

tipo de cambio basado en la paridad del poder adquisitivo

purchasing power parity PPP

paridad de poder adquisitivo paridad de poder de compra

pure competition

competencia pura competencia libre

pure economic rent

renta econmica pura renta de situacin [a veces]

pure numbers

nmeros abstractos

pure price change

cambio puro de los precios variacin pura de los precios

pure private good

bien exclusivamente privado

pure public good

bien exclusivamente pblico

pure signaling instrument

instrumento de sealizacin pura

purely indeterministic process

proceso puramente indeterminable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1022

English purely random process

Spanish proceso puramente aleatorio

purposive sample

muestra intencional

push factor

factor de rechazo

put bond putable bond

bono de rescate anticipado

put option clause put option put

clusula de rescate anticipado opcin de rescate anticipado

put option put

opcin de venta [MBP5; MEFP] put [GISF; MBP5; MEFP]

qat [agriculture] khat kat cat

t de Arabia

quadratic mean

media cuadrtica

quadruple entry system

partida cudruple

qualified

idneo calificado cualificado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1023

English qualified countries

Spanish pases habilitados

qualified data

PIB calculado segn la PPA

qualified majority voting QMV

votacin por mayora cualificada [ESP] votacin por mayora especial votacin por mayora calificada

qualifying member

pas miembro que rene los requisitos pas miembro habilitado

qualifying shareholding

depsito de acciones en garanta de los miembros del Consejo de Administracin posesin de acciones necesarias para acceder a determinados derechos societarios

quality assurance testing

pruebas de control de calidad

quality bias

ajuste por calidad

quality changes

cambios de calidad cambios de la calidad

quality control [BPM5]

control de calidad

quality dimension [DQAF]

dimensin de la calidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1024

English quantification [SNA93]

Spanish cuantificacin [SCN93]

quantitative benchmark

parmetro cuantitativo

quantitative easing QE

expansin cuantitativa flexibilizacin cuantitativa

quantitative limits cover limits

lmites cuantitativos lmites de las garantas del crdito a la exportacin

quantitative restriction [IBRD loans] QR

restriccin cuantitativa

quantity discount

descuento por cantidad rebaja por cantidad

quantity measurement quantum measure

medicin cuantitativa

quantity rationing

racionamiento cuantitativo

quantity sensitivity

sensibilidad con respecto al volumen sensibilidad a la cantidad sensibilidad con respecto a la cantidad sensibilidad al volumen

quantity theory of money

teora cuantitativa del dinero

quantum index

nmero ndice de cantidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1025

English quantum leap

Spanish aumento sustancial

Quarterly External Debt Statistics database QEDS Quarterly External Debt Database [IMF]

estadsticas trimestrales sobre la deuda externa base de datos trimestrales sobre la deuda externa

Quarterly National Accounts Manual--Concepts, Data Sources, and Compilation [IMF] Quarterly National Accounts Manual QNA Manual

Manual de cuentas nacionales trimestrales: Conceptos, fuentes de datos y compilacin Manual de cuentas nacionales trimestrales

quarter-on-quarter growth rate

crecimiento intertrimestral

quartile [statistics]

cuartil

quasi-autonomous variable

variable cuasiautnoma

quasi-corporate enterprise quasi-corporation

cuasisociedad cuasicorporacin

quasi-corporated

en cuasisociedad

quasi-fiscal

cuasifiscal

quasi-fiscal deficit QFD

dficit cuasifiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1026

English quasi-fiscal operations quasi-fiscal activities

Spanish operaciones cuasifiscales actividades cuasificales

quasi-maximum likelihood

cuasimxima verosimilitud

quasi-money instrument near cash instrument

instrumento cuasimonetario

quasi-money near-money

cuasidinero

quasi-official borrowing

prstamos cuasioficiales

queuing theory queueing theory

teora de las colas

quick asset

activo de liquidez inmediata activo inmediatamente realizable

quick disbursing loan [IBRD]

prstamo de desembolso rpido

quick disbursing short term liquidity facility

mecanismo de provisin de liquidez a corto plazo y de desembolso rpido

quick-yielding project

proyecto de rpido rendimiento

quid pro quo [BPM5]

contrapartida quid pro quo [MBP5] contraprestacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1027

English quiet facility

Spanish servicio financiero discreto

quota

cuota

quota and governance reform

reforma del rgimen de cuotas y la estructura de gobierno

quota and voice

cuotas y representacin

quota and voice reform

reforma de las cuotas y la representacin

quota formula

frmula de clculo de las cuotas

Quota Formula Review Group [IMF] QFRG

Grupo de Examen de las Frmulas de Clculo de las Cuotas

quota limit [IMF; ESAF]

lmite de acceso definido en funcin de la cuota

quota ratio [GAB]

razn acceso a los AGP/total de cuotas

quota review [IMF] review of quotas

revisin de cuotas [AA]

quota sampling

muestreo por cuotas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1028

English quota share [IMF] actual quota share share in actual quotas share in total quotas

Spanish cuota relativa cuota efectiva relativa

quota shift

redistribucin de cuotas

quota-based institution

institucin cuyos recursos provienen principalmente de las cuotas

quotation

cotizacin

quoted price [BPM5]

precio de cotizacin [MBP5] precio cotizado

quote-driven market dealer market

mercado dirigido por precios (creadores de mercado)

quote-driven system price-driven system

sistema de cuotas sistema basado en cuotas

R D: agriculture, forestry, fishing, and hunting [GFSM]

investigacin y desarrollo relacionados con agricultura, silvicultura, pesca y caza [MEFP]

radicalism radical approach radical strategy

radicalismo

railway transport rail transport

transporte por ferrocarril transporte ferroviario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1029

English rainfed crop

Spanish cultivo de secano

rampant inflation runaway inflation galloping inflation [SNA93]

inflacin galopante [SCN93] inflacin desenfrenada

random

aleatorio

random access memory RAM

memoria en acceso aleatorio

random disturbance

pertubacin aleatoria

random error

error aleatorio

random factor

factor aleatorio

random number

nmero aleatorio

random process

proceso aleatorio

random sampling

muestreo aleatorio

random variable

variable aleatoria

random walk

paseo aleatorio recorrido aleatorio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1030

English randomness

Spanish aleatoriedad carcter aleatorio

range

rango intervalo gama recorrido

range of reasonable estimates

gama de estimaciones razonables

rank

rango

rank condition

condicin de rango

rank correlation [statistics] rank order correlation

correlacin de rangos

ranked data

datos ordenados por rangos

ranking

clasificacin

Rapid Access Line RAL

lnea de crdito de acceso rpido

Rapid Credit Facility RCF

Servicio de Crdito Rpido SCR

Rapid Financing Instrument

Instrumento de Financiamiento Rpido

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1031

English rapporteur [JPC] reporting secretary [JPC] reporting member [IMF]

Spanish relator

ratchet effect

efecto trinquete efecto irreversible

rate of charge [IMF; SDR use]

tasa de cargos

rate of crawl

tasa de ajuste del tipo de cambio tasa de ajuste

rate of profit

tasa de beneficios

rate of remuneration

tasa de remuneracin

rate of return

tasa de retorno tasa de rentabilidad [MBP6] tasa de rendimiento [MBP6]

rate setting policy pricing policy

poltica de tarifas

rate tiering tiering

diferenciacin por medio de las tasas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1032

English rated capacity [power plants, machinery]

Spanish capacidad nominal, asignada

rates [GBR]

tarifas municipales contribuciones impuestos municipales

rating shopping credit rating shopping

tendencia del emisor a operar con la agencia que le dar la mejor calificacin

rating [securities]

calificacin calificacin de valores clasificacin de valores

ratio

ratio relacin razn coeficiente cociente

ratio of arithmetic mean (price) approach [CPI]

mtodo del cociente de las medias aritmticas (de los precios)

ratio of global reserves to imports [IMF quota increase]

razn reservas mundiales/importacin

ratio of the gradients

relacin entre las pendientes

rational expectations [SNA93]

expectativas racionales [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1033

English raw data crude data

Spanish datos brutos

raw moment

momento bruto

reaccess to capital markets

restablecimiento del acceso a los mercados de capital

reach for yield

bsqueda de rendimiento

reactivating country [IBRD] reactivated country

pas rehabilitado

read-only memory ROM

memoria de slo lectura

real

efectivo real

real balances effect Pigou effect

efecto Pigou efecto de saldos reales efecto de saldos reales en efectivo

real disposable income

renta real disponible

real dollarization

dolarizacin real

real economy real sector

economa real sector real sector real de la economa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1034

English real effective exchange rate index REER index

Spanish ndice del tipo de cambio efectivo real

Real Estate Section [TGS/DF/RE]

Seccin de Bienes Races

real estate tax

impuestos sobre bienes races

real flow

flujo real

real gross fixed investment

inversin fija bruta real

real income

renta real ingreso real

real interest rate

tasa de inters real

real money balances

saldos monetarios reales

real property transfer tax real estate transfer tax

impuesto a la transferencia de bienes inmuebles

real purchasing power [CPI]

poder adquisitivo real

Real Sector Division [STA/RE]

Economista Principal de la Divisin Sector Real del FMI Divisin del Sector Real

real terms of trade

relacin real de intercambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1035

English real terms in real terms constant terms

Spanish trminos reales en trminos reales en valores reales

real unit of value

unidad real de valor

real wage

salario real

realignment of quota shares

realineacin de las cuotas relativas

realignment [EMS]

reajuste realineacin reordenacin

realization [accounting]

realizacin liquidacin

realized price price realized

precio obtenido

real-time assessment of conditionality [IMF]

evaluacin de la condicionalidad en tiempo real

real-time gross settlement system RTGS real time gross settlement system [FSIG]

sistema de liquidacin bruta en tiempo real [GISF] LBTR

real-time operation

operacin en tiempo real

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1036

English reassignment of transactions [GFSM 2001]

Spanish reasignacin de transacciones

rebalancing of portfolio [IMF, P45] portfolio rebalancing

reequilibrio de la cartera

recapitalization [banks]

recapitalizacin

recapture clause

clusula de recuperacin

receipts [GFSM]

entradas [MEFP]

receiver [bank supervision; insolvency]

interventor liquidador sndico interventor bancario

receivership

intervencin con liquidacin de activos intervencin (para venta/fusin) intervencin (para cierre(liquidacin) sindicatura Intervencin y liquidacin

receiving industry

industria compradora, utilizadora

Recent Economic Developments [IMF background paper] RED

documento sobre la evolucin econmica reciente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1037

English recession [SNA93]

Spanish recesin [SCN93]

recipient countries [BPM5]

pases beneficiarios

recipient [SNA93]

beneficiario destinatario receptor [SCN93]

reciprocal currency arrangement cross-currency swap foreign currency swap swap arrangement currency swap arrangement swap currency swap agreement

swap acuerdo de crdito recproco acuerdo de swap crdito cruzado crdito de dobles crdito recproco crdito swap operacin de swap

reciprocal exchange guarantee

garanta cambiaria recproca

reciprocal [mathematics]

recproco inversa multiplicativa

reclassification [BOP]

reclasificacin

recognition bond [pensions] pension recognition bond

bono de reconocimiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1038

English recognition [accounting]

Spanish contabilizacin registro

recognize, to [accounting]

contabilizar registrar

reconciliation account

cuenta de conciliacin

reconciliation table

cuadro de conciliacin

reconstitution need [SDR]

necesidad de reconstitucin de las tenencias de DEG

reconstitution of SDR holdings

reconstitucin de las tenencias de DEG

record for, I am on (the)

he declarado oficialmente he declarado pblicamente

record [accounting]

registro

record, everything is for the [press conferences, public statements]

toda esta informacin es oficial

record, for the

para dejar constancia para que conste en acta

record, I want to say for the

deseara dejar constancia (en las actas)

record, off the

extraoficial(mente) sin que conste en actas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1039

English Recording Officer [IMF-SEC]

Spanish Redactor de Actas

Recording Officer, Senior [IMF-SEC]

Redactor Principal de Actas

record-keeping system recording system [BPM5]

sistema de contabilizacin sistema de registro mtodo de registro [MBP5]

Records and Information Section [SEC/AI/RI]

Seccin de Archivos e Informacin

Records Assistant [IMF]

Auxiliar de Archivos

Records Assistant, Senior [IMF]

Auxiliar Principal de Archivos

Records Division

Divisin de Archivos

Records Management Assistant [IMF-SEC]

Auxiliar de Administracin de Archivos

Records Management Assistant, Senior [IMF-SEC]

Auxiliar Principal de Administracin de Archivos

Records Management Unit [SEC/RC/AR/RM]

Unidad de Administracin de Registros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1040

English Records Officer [IMF-LEG]

Spanish Oficial de Archivos

recoupment

resarcimiento, recuperacin

recovery [loans]

recuperacin cobranza reembolso

recreational, cultural, and religious affairs and services [GFS; GFSY]

asuntos y servicios recreativos, culturales y religiosos

Recruiting and Training Division

Divisin de Contratacin y Formacin de Personal

Recruitment and Staffing Division [HRD/RS] RSD

Divisin de Contratacin y Asignacin del Personal

Recruitment Division [HRD/RD]

Divisin de Contratacin de Personal

recruitment mission [IMF]

misin de contratacin

recurrent budget

presupuesto ordinario

recurrent expenditure recurrent expense recurrent outlay

gasto ordinario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1041

English recurrent revenue recurrent receipts recurrent income

Spanish ingreso ordinario

recurrent tax

impuestos permanentes

recurrent taxes on immovable property [GFSM; GFSY]

impuestos permanentes sobre bienes races impuestos recurrentes sobre la propiedad inmueble [MEFP]

recurrent taxes on net wealth [GFS; GFSM; GFSY]

impuestos recurrentes sobre la riqueza neta [MEFP] impuestos permanentes sobre el patrimonio neto

recursive model

modelo recursivo

recuse oneself, to [legal]

excusarse declararse impedido

recycling [finance]

reciclaje recirculacin

red interest

intereses deudores, de emprstitos

redemption (of a pledge)

liberacin

redemption retirement

redencin [a veces] rescate amortizacin reembolso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1042

English redemption, right of

Spanish retroventa, derecho de

redeployment

redistribucin

redeployment (of staff) [IBRD-Strategic Compact]

redistribucin (de personal)

rediscount ceiling [central banking] rediscount quota

cuota de redescuento tope de redescuento lmite de redescuento

rediscount facility [central banking]

lnea de redescuento

rediscount rate

tasa de redescuento

redistributional effect

efecto redistributivo, de redistribucin

redistributional transfer payments

transferencias redistributivas

reduced interest par bond exchange [debt restructuring]

canje de crditos por bonos a la par de inters reducido

reduced model

modelo reducido

reduced-form equation

ecuacin de forma reducida

reduction of data

reduccin de datos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1043

English reemployment right

Spanish derecho de reempleo derecho de reincorporacin laboral

reengineering

reconfiguracin

reenhanced HIPC Initiative [IMF] HIPC-3

Iniciativa HIPC superreforzada Iniciativa PPME superreforzada PPME-3

re-exports

reexportacin

reference currency

moneda de referencia

reference price

precio de referencia

reference rate [MPI]

tasa de referencia

Reference Section [ADM/JL/XR]

Seccin de Referencias

reference shareholder

accionista de referencia

Reference Unit

Unidad de Referencias

reference zone (of rates)

zona de referencia

Reference, Terminology, and Documentation Section RTD

Seccin de Referencias, Terminologa y Documentacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1044

English refinancing [Debt Guide, 1993; SNA93]

Spanish refinanciamiento [Gua de la deuda, 1993; SCN93] refinanciacin [SCN93]

reflation

reflacin

reflow [SNA93]

reembolso de prstamos [SCN93]

reflows of flight capital return of flight capital repatriation of flight capital

repatriacin de capitales retorno del capital fugado regreso del capital fugado repatriacin del capital fugado

reflows [IDA] IDA reflows

reembolsos de los crditos de la AIF reflujos de los crditos de la AIF

reflows, use of Trust Fund [IMF]

utilizacin de los recursos procedentes de los reembolsos del Fondo Fiduciario utilizacin de los reembolsos del Fondo Fiduciario

refocus [IBRD-Strategic Compact]

reorientar

refocusing the work of the Fund refocusing the Fund

reorientacin de la labor del FMI

Reform Task Force

Grupo de estudio sobre la reforma

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1045

English refund (of charges) [IMF, burden sharing]

Spanish reintegro (de cargos)

refund of charges [IMF]

reintegro de cargos

refunding [repayment]

reembolso

region of acceptance [statistics]

regin de aceptacin

region of rejection [statistics]

regin de rechazo

Regional Advisory Group

Grupo Regional de Asesoramiento

regional allocation

imputacin regional

regional balance of payments statement [BPM5]

presentacin regional de la balanza de pagos estado regional de balanza de pagos [MBP5] balanza de pagos regional

regional central bank [BPM5; BPM6]

banco central regional [MBP6]

Regional Conference of the International Consortium on Governmental Financial Management

Conferencia sobre Acontecimientos en la Administracin Financiera Gubernamental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1046

English Regional Cooperation for Development RCD

Spanish Cooperacin Regional para el Desarrollo CRD

regional development bank RDB

banco regional de desarrollo

Regional Division 2

Divisin de Asia y el Pacfico y del Hemisferio Occidental Divisin Regional 2

regional economic communities RECs

comunidades econmicas regionales

Regional Economic Outlook [IMF] REO

Perspectivas econmicas regionales

Regional Economic Outlook [IMF] REOs

Perspectivas Econmicas

regional economy

economa regional

Regional Employment Programme for Latin America and the Caribbean

PREALC Programa Regional de Empleo para Amrica Latina y el Caribe

regional financial arrangements

acuerdos financieros regionales

regional financing arrangements

acuerdos de financiamiento regionales

Regional Integration Facilitation Forum RIFF

Foro para la Facilitacin de la Integracin Regional FFIR

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1047

English Regional Manager for Western Hemisphere Countries [IMF-MAE]

Spanish Gerente Regional para los Pases de Amrica

Regional Office for Asia and the Pacific [IMF] OAP

Oficina Regional para Asia y el Pacfico

Regional Office for Central Europe and the Baltics [IMF]

Oficina Regional para Europa Central y los Pases Blticos

regional outreach

actividades regionales de divulgacin

Regional Strategy Notes [IMF] RSN

notas estratgicas regionales

regional surveillance

supervisin regional

regional technical assistance center [IMF] RTAC

centro regional de asistencia tcnica CRAT

Register of Conventional Arms [UN]

Registro de Armas Convencionales

register tonnage [ships]

tonelaje de arqueo bruto

registered check register check

cheque de caja

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1048

English registered instrument registered security

Spanish ttulo nominativo

registered unemployment

desempleo registrado

Registration Officer [IMF, Annual Meetings]

oficial encargado de las inscripciones

regressand [statistics]

variable dependiente

regression analysis

anlisis de regresin

regression coefficient

coeficiente de regresin

regression equation

ecuacin de regresin

regression model [statistics]

modelo de regresin

regression of the pth order

regresin de orden p-simo

regression of Y on X

regresin de Y sobre X regresin de Y en X

regressive tax

impuesto regresivo

regressivity [taxation]

regresividad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1049

English regressor [statistics]

Spanish regresor variable independiente

regular appointment [IMF]

nombramiento de carcter permanente empleo por plazo indefinido empleo por plazo indeterminado

regular election [IMF, Executive Directors]

eleccin ordinaria

regular employment

empleo regular

regular meeting [IMF, Executive Board]

reunin ordinaria

regulation

reglamentacin regulacin

Regulation and Supervision Division [MCM/FR]

Divisin de Regulacin y Supervisin

regulatory agency

organismo regulador organismo con potestad normativa

regulatory arbitrage

arbitraje regulatorio

regulatory capital requirements

capital exigido por las normas normas sobre capital regulador

regulatory capital to risk-weighted assets

capital regulador/activos ponderados en funcin del riesgo [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1050

English regulatory capital [FSIG]

Spanish capital regulador [GISF]

regulatory capture

captura regulatoria

regulatory forbearance

aplicacin poco estricta de las normas tolerancia en la aplicacin de las normas tolerancia regulatoria dispensa de las normas

regulatory framework

reglamentacin rgimen reglamentario marco reglamentario marco regulatorio

regulatory incentive

incentivo regulatorio

regulatory or policy risk [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

riesgo normativo o regulatorio [Gua de la deuda, 1993]

regulatory power

facultades reguladoras potestad normativa facultades reglamentarios facultades regulatorias

regulatory Tier 1 capital to risk-weighted assets [FSIG]

capital regulador de nivel 1/activos ponderados en funcin del riesgo [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1051

English rehabilitation

Spanish rehabilitacin reorganizacin saneamiento recuperacin

rehabilitation import credit [IBRD] RIC

crdito para importaciones con fines de rehabilitacin

rehabilitation import loan [IBRD] RIL

prstamo para importaciones con fines de rehabilitacin

rehabilitation loan [IBRD]

prstamo para rehabilitacin

rehabilitation program [enterprises]

programa de reorganizacin programa de saneamiento programa de reestructuracin

reintermediation

reintermediacin

reinvested earnings [BPM5; BPM6]

reinversin de ganancias reinversin de beneficios utilidades reinvertidas [MBP5; MBP6] reinversin de utilidades

rejection limits

lmites de rechazo

related entity [MPI]

entidad vinculada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1052

English relational database management system RDBMS

Spanish sistema de gestin de bases de datos relacionales RDBMS

relations with nonmembers

relaciones con pases no miembros

relative and adjustable reciprocity [GATT]

reciprocidad relativa y ajustable

relative exchange rates

tipos de cambio relativos

relative mean deviation

deviacin media relativa

relative share

participacin relativa

Relaunching African economic and social development: The Cairo Agenda for Action

Relanzamiento del desarrollo econmico y social de frica: Programa de Accin de El Cairo

release calendar [IMF-EBB]

calendario de publicacin

release, to

liberar

relending

reprstamo reciclaje de los prstamos

reliability [IMF, metadata]

confiabilidad fiabilidad

relinquish [BPM5] resign

enajenar [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1053

English remedial measure [IMF overdue financial obligations] corrective action corrective measure remedial action

Spanish medida correctiva

remit

mandato rea de responsabilidad

remit-independence-accountability framework RIA framework

marco de objetivos, independencia y rendicin de cuentas de la supervisin marco de objetivos, independencia y evaluacin de la supervisin

remittance

remesa

remittance of funds

remesa de fondos

remittance recipient

pas receptor de remesas

remitted earnings [BPM5]

utilidades remitidas [MBP5]

remote contingent losses [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

prdidas contingentes remotas [Gua de la deuda, 1993]

removable discontinuity

discontinuidad evitable

remunerated reserve tranche position [IMF]

posicin remunerada en el tramo de reserva saldo remunerado en el tramo de reserva [P45]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1054

English remuneration coefficient [IMF]

Spanish coeficiente de remuneracin

remuneration [IMF]

remuneracin

remuneration, rate of [IMF]

tasa de remuneracin

renewable replenishable reproducible

renovable reproducible

Renewal Program [IBRD-Strategic Compact]

programa de renovacin

renewal theory

teora de la renovacin

rental

alquiler

rental equivalent approach [CPI]

mtodo del alquiler equivalente

rental income

renta locativa renta por concepto de alquileres ingresos por alquiler

rent-seeking

afn de enriquecimiento bsqueda de ventaja econmica bsqueda de renta econmica bsqueda de rentas oligoplicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1055

English rent-seeking opportunities

Spanish oportunidades para enriquecerse posibilidades de enriquecimiento

reorganization [banks]

reorganizacin

repairs of investment goods investment goods for repairs repairs on investment goods

reparaciones de bienes de inversin

repayable margin

depsito de garanta rembolsable

repayable transaction [GFS 1986]

transaccin recuperable

repayment (by the Fund)

reembolso (por el Fondo)

repayment capacity

capacidad de pago capacidad de reembolso

repayment of principal principal repayment

amortizacin del capital reembolso del principal

repayment period [Paris Club; Debt Guide, 1993]

plazo de reembolso [Gua de la deuda, 1993]

repayment schedule

calendario de vencimientos calendario de reembolso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1056

English repayment [GFSM; SNA93]

Spanish reembolso [MEFP; SCN93] amortizacin

repayments on loans extended [BOP]

rembolsos de prstamos concedidos

rephase purchases, to [IMF]

modificar el calendario fijado para las compras reescalonar las compras

rephasing of an agreement

modificacin del calendario fijado en un acuerdo

replacement rate [pensions]

tasa de sustitucin de ingresos porcentaje de reemplazo tasa de reemplazo porcentaje de sustitucin (de ingresos)

replenish the Fund's holdings of currencies [IMF-AA]

reponer las monedas en poder del FMI

replenishment of Fund resources [IMF]

reposicin de los recursos del FMI

replenishment of reserves

reconstitucin de reservas

repo rate repurchase rate

tasa de las operaciones de reporto tasa de los repo tasa de las operaciones de recompra

report of the Executive Board [IMF]

informe del Directorio Ejecutivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1057

English Report on Implementation of Standards and Codes RISC

Spanish Informe sobre la Aplicacin de las Normas y Cdigos

Report on the Observance of Standards and Codes [IMF] ROSC

ROSC Informe sobre la Observancia de los Cdigos y Normas IOCN

reportable position

posicin a declarar

reported income

ingresos declarados

reporting agency [IMF-STA]

organismo notificador

reporting country

pas declarante

reporting currency [FSIG]

moneda de cuenta [GISF]

reporting economy

economa declarante

reporting period [BPM5]

perodo que se declara perodo al cual se refiere la declaracin de datos perodo de declaracin de datos

reporting to the IMF

presentacin de datos al FMI declaracin de datos al FMI

reporting unit

unidad informante

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1058

English representation of balance of payments financing need [IMF] representation of need declaration of BOP-related need declaration of need

Spanish declaracin de necesidad de financiamiento de la balanza de pagos declaracin de necesidad

representative product [CPI; sampling]

producto representativo

representative rate [IMF; exchange]

tipo de cambio representativo

representative set of currencies [IMF]

conjunto representativo de monedas

Representative to the WTO [IMF-EUO]

Representante ante la OMC

repricing of risk

revaloracin del riesgo

repricing period

perodo de redeterminacin de las tasas de inters

reprogrammed time deposit corralon

corraln [ARG] depsito a plazo reprogramado

repudiation of debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

repudio de la deuda [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1059

English repurchase agreement repo RP repurchase operation repurchase transaction

Spanish operacin de pase activo [ARG] operacin con pacto de recompra repo [GISF; MBP6] acuerdo de recompra operacin de reporto reporto operacin de reporto activo operacin de pase [ARG]

repurchase expectation [IMF]

expectativa de recompra

repurchase in installments [IMF]

recompra a plazos

repurchase market repo market

mercado de repos mercado de reportos

repurchase of accelerated set-aside amounts [IMF debt reduction scheme] accelerated set-aside amounts repurchase

recompra de montos consignados adquiridos de manera acelerada

repurchase [IMF]

recompra

reputational risk

riesgo de reputacin riesgo reputacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1060

English request for proposal [procurement] RFP

Spanish solicitud de propuestas llamado a licitacin

required reserve ratio minimum reserve ratio reserve requirement reserve ratio legal reserve ratio

coeficiente de reservas obligatorias coeficiente de encaje legal encaje legal coeficiente de encaje encaje coeficiente de caja [ESP]

required spending

gastos obligatorios

requirement of need [IMF; SDR]

principio relativo a la necesidad

requited current transfer

transferencias corrientes con contrapartida [SCN93]

requited payment [GFS 1986]

pago con contraprestacin

re-regulation

re-reglamentacin

rerouting

redireccionamiento [MBP6; MEFP]

rescheduling country rescheduler

pas que reprograma su deuda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1061

English rescheduling coverage

Spanish cobertura de la reprogramacin deudas comprendidas en la reprogramacin

research and development R&D

investigacin y desarrollo I&D

Research and Information Centre on Transnational Corporations

Centro de Informacin e Investigaciones sobre las Empresas Transnacionales

Research Assistant [IMF]

Auxiliar de Investigacin

Research Department [IMF] RES

Departamento de Estudios

Research Officer [IMF]

Oficial de Investigacin

Research Officer, Senior [IMF-RES]

Oficial Principal de Investigacin

research program [G-24]

programa de estudios

reservation income

ingreso de reserva

reservation price

precio de reserva

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1062

English reservation price (of labor) reservation wage

Spanish precio de reserva de la mano de obra precio de reserva salario de reserva

reserve accretion

aumento de las reservas

reserve asset

activo de reserva

Reserve Assets Technical Expert Group RESTEG

Grupo de Expertos Tcnicos sobre Activos de Reserva RESTEG

reserve assets [BPM5; IFS]

activos de reserva [MBP5]

Reserve Augmentation Line [IMF] RAL

lnea de aumento de las reservas

reserve center

centro de reservas

reserve control

control de las reservas

reserve creation [BPM5]

creacin de reservas [MBP5]

reserve currency

moneda de reserva

reserve depletion

agotamiento de las reservas

reserve deposit

depsito de reserva depsito de encaje

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1063

English reserve ease reserve cushion

Spanish amplitud de las reservas colchn de reservas

reserve inadequacy reserve deficiency inadequacy of reserves

insuficiencia de reservas insuficiencia de las reservas

reserve indicator

indicador de reservas

reserve pooling arrangement

mecanismo de mancomunacin de reservas

reserve position [country]

saldo de las reservas situacin de las reservas nivel de las reservas

reserve requirement [SNA93] minimum reserve requirement required reserves

encaje legal [SCN93] reservas obligatorias

reserve stringency

escasez de reservas

reserve target [IMF]

monto de reservas fijado como objetivo

reserve tranche position [IMF]

saldo en el tramo de reserva [P45] posicin en el tramo de reserva

reserve tranche purchase [IMF]

compra en el tramo de reserva

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1064

English reserve [SNA93]

Spanish reserva [SCN93] provisin

reserve-import ratio

relacin de reservas a importaciones

reserve-related official borrowing

prstamos oficiales relacionados con las reservas

reserve-related transaction

transaccin relacionada con las reservas

resettlement allowance [IMF-HRD]

subsidio de reinstalacin

resettlement benefits [IMF]

prestaciones por reinstalacin

residence

residencia [MBP6; SCN93]

residence of enterprises

residencia de las empresas

residence of individuals [BPM5]

residencia de las personas fsicas [MBP5]

Resident Advisor

Asesor Residente

resident official sector [BPM5]

sector oficial residente [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1065

English Resident Representative [IMF] Res. Rep.

Spanish Representante Residente

Resident Representative, Senior [IMF]

Representante Residente Principal

Resident Scholar [IMF-RES]

Investigador Residente

resident [GFSM]

residente [MEFP]

residential construction

construccin de viviendas construccin residencial

residential demand

demanda de los particulares demanda de los hogares

residential investment

inversin en viviendas

residential land [urbanism]

terreno residencial

resident-to-resident transaction [BOP]

transaccin entre residentes

residual

residuo

residual item [BPM5]

partida residual [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1066

English residual maturity [BPM6; Debt Guide, 1993; BPM6 Annoted Outline; External Debt Statistics: Guide for Compilers and Users, 1993] remaining maturity [Debt Guide, 1993; FSIG]

Spanish vencimiento remanente [GISF] vencimiento residual [MBP6; Gua de la deuda, 1993] plazo residual

residual method

mtodo de los residuos

residual, as a

por diferencia (entre ...) como residuo como valor residual

resilience [FSIG]

resiliencia capacidad de recuperacin capacidad de adaptacin ductilidad fortaleza y resistencia resistencia capacidad de reaccin flexibilidad [GISF] capacidad de resistencia

resolution and recovery plan RRP living will

testamento vital plan de resolucin y recuperacin

resolution [IMF]

resolucin

Resolving Crisis, Building Recovery

Resolver la crisis, construir la recuperacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1067

English resource allocation plan RAP

Spanish plan de asignacin de recursos

resource allocation allocation of resources

asignacin de (los) recursos

Resource and Information Management Section [FAD/AI/RI] RIMS

Seccin de Gestin de Recursos e Informacin

Resource and Information Management Unit

Unidad de Gestin de Recursos e Informacin

resource base

recursos disponibles base de recursos

resource curse paradox of plenty

maldicin de la abundancia maldicin de los recursos maldicin de la abundancia de recursos

resource gap

dficit de recursos insuficiencia de recursos

Resource Management Division [MCM/RM] RM

Divisin de Gestin de Recursos

Resource Management Wing [IMF-AFR]

rea de Gestin de Recursos

resource rich countries

pases ricos en recursos naturales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1068

English resources and expenditures [SNA]

Spanish recursos y gastos

respondent bank

banco demandado

respondent [GATT]

parte demandada demandado

responsive

sensible que reacciona

responsiveness [e.g., output]

capacidad de reaccin sensibilidad grado de reaccin

rest of the world account [BPM5; BPM5; SNA] ROW Account rest of the world sector [BPM5, SNA 1993, GFSM 2001]

cuenta del resto del mundo [MBP5]

restitution of gold restitution [AA]

restitucin

restocking

reposicin de existencias

restricted account [GMBS]

cuenta restringida

restricted deposit [GMBS]

depsito restringido

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1069

English restricted distribution [IMF information security] restricted circulation

Spanish distribucin restringida

restricted session [IMF, Executive Board]

sesin restringida

restrictive business practices

prcticas comerciales restrictivas

results-based aid [IBRD]

ayuda basada en resultados

resumption of exchange transactions

reanudacin de las transacciones de cambio

Resurgent India Bonds RIBs

bonos RIB bonos Resurgent India

retail bank

banco minorista

retail deposit

depsitos de particulares

retail funding

financiamiento minorista

retail price index RPI

ndice de precios al por menor ndice de precios minoristas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1070

English retained earnings [BPM6; FSIG] undistributed earnings [BPM5] undistributed profits retained gains

Spanish utilidades no distribuidas [MBP5; MBP6] utilidades retenidas [GISF] beneficios no distribuidos beneficios no repartidos [GISF]

retainee

profesional contratado contratista

retainer [professional services] retainer fee

adelanto de honorarios

retaliatory measure

medida de represalia medida de retorsin

retention quota

cuota de retencin

Retired Staff Benefits Investment Account [IMF] RSBIA

Cuenta de inversiones para prestaciones al personal jubilado

retirement of outstanding debt

rescate de la deuda rescate anticipado de la deuda amortizacin de la deuda amortizacin anticipada de la deuda

Retirement Reserve Account [IMF]

Cuenta de Reserva para Jubilaciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1071

English retooling the Bank's knowledge base [IBRD-Strategic Compact]

Spanish reorganizar la base de conocimientos del Banco

retreat, management

retiro

retrenchment from risk

reduccin de las inversiones en activos de riesgo

retrenchment [personnel]

supresin de puestos reduccin de personal

retroactive country [HIPC, PRGF] retroactive country cases

casos retroactivos

return of investment [capital flows]

retorno del capital invertido retorno de la inversin rentabilidad de la inversin rendimiento del capital invertido

return on assets [FSIG] ROA

rendimiento de los activos [GISF]

return on equity ROE

rendimiento del capital rendimiento del patrimonio neto

return on investment ROI return on capital employed return on capital invested

rendimiento del capital invertido retorno de la inversin rendimiento de la inversin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1072

English returned exports and imports [BPM5]

Spanish exportaciones e importaciones devueltas [MBP5]

returns to scale

rendimientos de escala rendimientos a escala

revaluation

revaluacin [MBP6; SCN93] revaloracin [SCN93] revalorizacin

revaluation changes

variaciones por revaloracin

revamping institutional capabilities [IBRD-Strategic Compact]

reestructurar la capacidad institucional

revenue

ingreso [SCN93] renta [SCN93] ingresos

revenue administration

administracin de ingresos pblicos

Revenue Administration Division I, II [FAD/R1, R2] RAD1 RAD2

Divisin de Administracin de Ingresos Fiscales I, II

Revenue Administration Division RAD

Divisin de Administracin de Ingresos Fiscales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1073

English revenue and grants [GFS 1986]

Spanish ingreso y donaciones

revenue base

base de generacin de ingresos

revenue collection

recaudacin de ingresos recaudacin de rentas

revenue mobilization

movilizacin de ingresos pblicos

revenue sharing grant [public finance]

transferencia a ttulo de participacin en los ingresos fiscales transferencia de coparticipacin coparticipacin

revenue sharing tax revenue sharing tax sharing arrangement

coparticipacin de impuestos participacin en los ingresos fiscales participacin en los ingresos tributarios coparticipacin de ingresos [ARG]

revenue shortfall

dficit de ingresos insuficiencia de ingresos

revenue source

fuente de ingresos

revenue stamp tax stamp

impuesto de sellos timbre fiscal estampilla fiscal

revenue-enhancing measures

medida orientada a aumentar el ingreso fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1074

English reversal of a loan [IMF]

Spanish reintegro de un prstamo

reversal of direction

cambio de sentido cambio de signo

reverse discrimination [USA]

discriminacin inversa

reverse equity investment reverse investment in equity reverse direct investment reverse investment

inversin directa en sentido contrario [MBP6] inversin de una filial en la matriz [GISF] inversin en sentido contrario [MBP5; MBP6]

reverse graduate [World Bank]

desgraduarse

reverse mortgage reverse annuity mortgage RAM

hipoteca inversa con renta vitalicia hipoteca inversa

reverse repurchase operation reverse operation reverse transaction [BPM6] matched sale-purchase agreement [USA] MSP reverse repo [BPM6]

reporto pasivo operacin de reporto pasivo [MBP6] pase pasivo [ARG] operacin de pase pasivo [ARG]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1075

English reverse stand-by arrangement

Spanish acuerdo de derecho de giro a iniciativa del FMI

Review Committee [IMF] RC

Comit de Examen

Review Group on the Organization of Financial Sector and Capital Markets Work [IMF]

Grupo de Estudio de la Organizacin de la Labor del FMI sobre el Sector Financiero y los Mercados de Capital

review mission (Fund)

misin de revisin de un programa

Review of Fund Statistics [IMF]

Examen de las Actividades de la Direccin de Estadstica

review [IMF]

revisin (de un programa) examen (de un programa) reconsideracin (de una decisin)

reviews-based approach

enfoque basado en revisiones supervisin basada en revisiones peridicas

revised downward

corregido a la baja revisado a la baja

Revised Kyoto Convention on the Simplification and Harmonization of Customs Procedures RKC

Convenio revisado de Kyoto para la simplificacin y armonizacin de los procedimientos aduaneros

revised upward

corregido al alza revisado al alza

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1076

English Reviser [TGS/L]

Spanish Revisor

Reviser, Senior [TGS/L]

Revisor Principal

reviser-editor [IMF-BLS]

revisor-redactor

Revision of the Balance of Payments Manual, Fifth Edition (Annotated Outline) Annotated Outline

Revisin del Manual de Balanza de Pagos, Quinta Edicin (Resea Comentada) Resea Comentada

revocation

revocacin

revolving character of resources [IMF]

carcter rotatorio de los recursos

revolving credit facility revolving credit

crdito rotatorio crdito renovable servicio de crdito rotativo facilidad de crdito revolvente crdito rotativo crdito revolvente

revolving fund [SNA93]

fondo rotatorio [SCN93] fondo renovable [SCN93] fondo revolvente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1077

English revolving underwriting facility [Debt Guide, 1993; FSIG] RUF [BPM5; Debt Guide, 1993; Balance of Payments Manual 5th edition; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish servicio de suscripcin renovable [GISF] suscripcin renovable garantizada compromiso de suscripcin continuada RUF servicios de suscripcin rotatorios [Gua de la deuda, 1993]

right to terminate participation [IMF]

derecho a dar por terminada la participacin

right to withdraw [IMF]

derecho de retiro derecho a retirarse

right [SNA93]

derecho [SCN93]

rights accumulation program [Debt Guide, 1993] RAP

programa de acumulacin de derechos [Gua de la deuda, 1993]

rights approach [IMF] rights approach [IMF]

enfoque de los derechos [P45]

rightsizing

racionalizacin

rightward tilt

inclinacin hacia la derecha sesgo hacia la derecha

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1078

English rigid price inflexible price sticky price

Spanish precio rgido

ring system [indirect taxation]

sistema de suspensin del impuesto

ringfence ringfencing

delimitacin del mbito de aplicacin

ring-fenced country

pas comprendido en la Iniciativa PPME

Rio Declaration

Declaracin de Ro de Janeiro

ripple effect

efecto de propagacin

risk

riesgo

risk acceptance

aceptacin del riesgo

Risk and Crisis Management Division

Divisin de Gestin de Crisis y Riesgos

risk appetite index RAI

ndice de apetito de riesgo

risk appetite appetite for risk

apetito de riesgo apetito por el riesgo apetito por riesgo [WHD REO]

risk asset

activo de riesgo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1079

English risk asset ratio Cooke ratio

Spanish proporcin de activos de riesgo

risk aversion

aversin al riesgo

risk avoider

agente econmico que rehuye el riesgo

risk capacity risk-taking capacity risk-bearing capacity

capacidad para asumir riesgos

risk category (of financial derivatives)

categora de riesgo (de los instrumentos financieros derivados)

risk exposure exposure

exposicin riesgo exposicin al riesgo

risk management risk management process

gestin del riesgo gestin de riesgos

risk map

mapa de riesgos

risk mutualization

mutualizacin de riesgos

risk neutral

neutral al riesgo

risk perception

percepcin del riesgo

risk pooling

distribucin de riesgos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1080

English risk premium on interest rates risk premium

Spanish prima de riesgo sobre la tasa de inters prima de riesgo prima por riesgo

risk taker

agente econmico dispuesto a asumir riesgos

risk tolerance

tolerancia al riesgo

risk-adjusted return on capital [FSIG] RAROC

rendimiento del capital ajustado en funcin del riesgo [GISF] RAROC

risk-free interest rate

tasa de inters libre de riesgo

risk-on, risk-off RORO

sincronizacin de los mercados en funcin de los riesgos

risk-weighted asset RWA risk-adjusted asset

activo ponderado por riesgo APR activo ponderado en funcin del riesgo

risk-weighted capital ratio risk-based capital ratio

coeficiente de capital ponderado en funcin del riesgo

risk-weighted capital risk-based capital

capital ponderado en funcin del riesgo capital medido en funcin del riesgo

River Niger Commission

Comisin del Ro Nger

River Plate Division [WHD/RL]

Divisin del Ro de la Plata

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1081

English RMBS residential mortgage-backed security

Spanish ttulo garantizado por hipotecas residenciales

robust procedures

procedimientos robustos

robustness

solidez robustez

rogue state rogue nation renegade government

estado proscrito estado paria estado bandolero estado delincuente

Roll Back Malaria RBM RBM Initiative

Hacer Retroceder la Malaria

rollback commitment [WTO]

compromiso de desmantelamiento de restricciones

rollback of NAB credit arrangements

reduccin del monto de los acuerdos de obtencin de prstamos (NAP)

rollback, tariff

desmantelamiento

rollover

renovacin refinanciacin [SCN93] refinanciamiento [Gua de la deuda, 1993; SCN93]

rollover credit

crdito renovable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1082

English roll-over date

Spanish fecha de renovacin fecha del refinanciamiento

rollover pressure

presin para refinanciar

rollover risk

riesgo de refinanciamiento

root-mean square

media cuadrtrica

root-mean square error RMSE

error cuadrtrico medio

ROSC mission

misin ROSC misin de preparacin del informe sobre la observancia de los cdigos y normas misin de preparacin del IOCN

ROSC module

mdulo del IOCN

round [GATT]

ronda

rounding tripping roundtripping

ida y vuelta de fondos [MBP6]

Round-Table Meeting for the Least Developed Countries in the Asia and Pacific Region

Reunin de Mesa Redonda para los Pases Menos Adelantados de la Regin de Asia y el Pacfico

row (of a matrix)

fila

row vector

vector-fila

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1083

English royalties payable

Spanish derechos de patente pagaderos, de autor pagaderos regalas pagaderas

royalty

regala derecho de patente

ruble area

zona del rublo

Ruding Committee [EU]

Comit Ruding [Unin Europea]

rule of law

Estado de derecho imperio de la ley

rules and practices of the Fund [IMF] standard practices (of the Fund)

normas y prcticas del FMI

Rules and Regulations [IMF]

Reglamento

rules for designation [SDR]

normas de designacin

rules for reconstitution [SDR]

normas de reconstitucin

rules for repurchase [IMF]

normas de recompra

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1084

English rules of origin [customs]

Spanish reglas de origen normas de origen

run a regression [statistics]

calcular una regresin

run on a currency

movimiento especulativo contra una moneda corrida contra una moneda [Am. Lat.]

run [statistics]

racha

run-off runoff

liquidacin por extincin natural de las obligaciones (sin originacin de nuevos activos) liquidacin por extincin natural de los activos liquidacin por extincin natural de las responsabilidades

rush of expenditure rush for expenditure rush in expenditure

urgencia por gastar urgencia de gasto prisa por gastar

Russia Division

Divisin de Rusia

Russian Division

Divisin de Ruso

sacrifice ratio [production; employment]

tasa de sacrificio del empleo tasa de sacrificio tasa de sacrificio de la produccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1085

English SAD culture (of the IMF) secrecy, arrogance, and dominance SAD

Spanish lamentable cultura lamentable cultura del secreto, la arrogancia y la dominacin

safe haven currency

moneda de refugio

safeguard measure [SNA93] safeguard clause safeguard [SNA93]

salvaguardia [SCN93] salvaguardia [SCN93] medida de salvaguardia clusula de salvaguardia

safeguard provision [IMF, tax arrangement for staff]

proteccin, clusula de

safeguards assessment

evaluacin de las salvaguardias

Safeguards Assessment Unit

Unidad de Evaluacin de Salvaguardias

Safeguards Assessments Division [FIN/SA]

Divisin de Evaluacin de Salvaguardias

safeguards on the use of Fund resources and misreporting of information

salvaguardias en relacin con el uso de los recursos del FMI y la declaracin de datos inexactos

safeguards on the use of Fund resources safeguards

salvaguardias en relacin con el uso de los recursos del FMI

Sahel Division

Divisin del Sahel

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1086

English salary

Spanish sueldo remuneracin

salary scale [general] salary schedule wage scale wage schedule pay scale pay schedule pay table

escala de sueldos escala salarial escala de salarios

sales of land and intangible assets [GFSY]

ventas de tierra y activos intangibles

sales tax [GFS 1986; GFSM]

impuesto sobre las ventas [GFS 1986] impuesto a las ventas

same-day funds [securities settlement systems]

fondos intrada

sample

muestra

sample census

censo muestral

sample characteristic

caracterstica muestral

sample design sampling design [CPI]

plan de muestreo diseo diseo muestral

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1087

English sample error

Spanish error de muestreo

sample frame sampling framework

marco de muestreo

sample mean

media muestral; media emprica

sample of no commercial value [BOP]

muestra sin valor comercial

sample point

punto muestral

sample space

espacio muestral

sample survey [BPM5]

encuesta por muestreo encuesta por sondeo encuesta muestral

sample value

valor muestral

sample variance sampling variance [CPI]

varianza muestral

sampling with replacement

muestreo con remplazamiento

sampling [BPM5]

muestreo

Samurai bond

bono samurai

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1088

English satellite account

Spanish cuenta satlite

satellite currency

moneda satlite

saturated market filled market

mercado saturado

Saudi Arabian Monetary Agency SAMA

Instituto Monetario de Arabia Saudita SAMA

Saudi Fund for Development SFD

Fondo Saudita para el Desarrollo FSD

saver [SNA93]

ahorrador ahorrista [SCN93]

saving

ahorro [SCN93]

saving rate saving(s) ratio

tasa de ahorro

savings account

banco de ahorro [SCN] banco de ahorros [MBP5] cuenta de ahorro caja de ahorro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1089

English savings and loan association S&L

Spanish asociacin de ahorro y prstamo [GMBS] AAP

savings and loan crisis

crisis de las asociaciones de ahorro y prstamo

savings and loan insurance fund SLIF

fondo de garanta de los depsitos en instituciones de ahorro y prstamo

savings association [GMBS]

cooperativa de ahorro

savings bank [BPM5]

caja de ahorros [MBP5] banco de ahorros [MBP5]

savings bond

bono de ahorro

savings certificate

certificado de ahorro

savings deposit

depsito de ahorro

savings glut

exceso de ahorro saturacin del ahorro

savings passbook

cartilla de ahorro libreta de ahorro

scalar

escalar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1090

English scalar function

Spanish funcin escalar

scalar multiplier

multiplicador escalar

scalar product

producto escalar

scalar quantity

cantidad escalar

scale effect

efecto de escala

scale factor scaling factor

factor de escala

scale of charges for drawings [IMF]

tarifa de cargos por giros

scale up projects

mejorar el alcance llegar a un mayor nmero de personas incrementar la cobertura

scale variable

variable de escala

scaling-up of aid

expansin de los flujos de ayuda aumento de la ayuda

scalping [commodities market; securities market]

especulacin

scanner data [CPI]

dato(s) escaneado(s)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1091

English scanner [IT]

Spanish escner

scarce currency

moneda escasa

scarcity rent hotelling rent HR

renta de escasez renta derivada de la escasez

scarcity value [BPM5]

valor de escasez [MBP5]

scatter coefficient

coeficiente de dispersin

scatter diagram

diagrama de dispersin

scatter plot

diagrama de dispersin

scenario

escenario marco hipottico

schedular tax

impuesto cedular

schedule of charges

escala de cargos

schedule of par values

lista de paridades

schedule of repurchases

calendario de recompras plan de recompras

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1092

English schedule annex

Spanish anexo

scheduled repurchase [IMF]

plazo previsto en el plan de recompras recompra programada

scheme [SNA93] system [SNA93] arrangement [SNA93] regime

Arreglo [SCN93] esquema [SCN93] programa [SCN93] rgimen plan [SCN93] sistema [SCN93] mecanismo

Schwarz inequality

desigualdad de Schwarz

Scientific and Technical Advisory Panel [GEF] STAP

Grupo Asesor Cientfico y Tecnolgico

Scientific and Technical Research Committee [EC] CREST

Comit de Investigacin Cientfica y Tcnica [EC] CREST

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1093

English scope [BPM5; SNA93; statistics; CPI]

Spanish alcance [SCN93] ambito [SCN93] campo general de estudio [SCN93] cobertura [SCN93]

SDDS Plus

NEDD Plus

SDR as numeraire SDR qua numeraire

DEG como numerario

SDR as reserve instrument SDR as reserve SDR qua reserve

DEG como instrumento de reserva

SDR as unit of account SDR qua unit of account

DEG como unidad de cuenta

SDR assessment assessment

contribucin de DEG contribucin para el funcionamiento del Departamento de DEG

SDR charges

cargos sobre las asignaciones de DEG

SDR Department

Departamento de DEG

SDR holdings account SDR account

cuenta de tenencias de DEG cuenta de DEG

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1094

English SDR interest and charges [IMF]

Spanish intereses y cargos sobre las tenencias de DEG [P45]

SDR interest rate

tasa de inters del DEG

SDR interest rate basket SDR basket

cesta de la tasa de inters del DEG cesta de clculo de la tasa de inters del DEG

SDR interest [IMF]

intereses sobre las tenencias de DEG

SDR loan facility same-day loan facility [review of quotas] SDR loan arrangement same-day, no cost SDR loan SDR same-day facility same-day borrowing/repayment of SDRs same-day loan and repayment in SDRs SDR Facility

servicio de prstamos de DEG

SDR use [IMF]

uso de DEG

SDR valuation

valoracin del DEG

SDR valuation basket SDR basket

cesta de valoracin del DEG cesta del DEG

SDR weighted average interest rate

tasa media de inters ponderada segn la frmula del DEG tasa media ponderada del DEG

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1095

English SDR-denominated

Spanish denominado en DEG expresado en DEG

sealed bid [GA]

licitacin en pliego cerrado

seasonal adjustment [BPM6; SNA93]

desestacionalizacin [SCN93] ajuste estacional [MBP6; SCN93]

seasonal credit crop credit

crdito estacional crdito para una campaa agrcola

seasonal dummy variable seasonal dummy

variable ficticia estacional

seasonal labor force seasonal labor seasonal workers migrant labor migrants

trabajadores de temporada trabajadores estacionales trabajadores migratorios emigrantes

seasonal peak

mximo estacional(, punto)

seasonal unemployment

desempleo estacional

seasonally adjusted annual rate SAAR

tasa anual desestacionalizada

seasonally adjusted money [IFS]

dinero desestacionalizado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1096

English seasonally adjusted [IFS]

Spanish desestacionalizado

seasoned security

valor mobiliario acreditado ttulo acreditado

seat [securities exchange]

puesto de bolsa

Second Central Bank Gold Agreement CBGA2

Segundo Acuerdo sobre el Oro de los Bancos Centrales

second generation of reforms

segunda generacin de reformas reformas de segunda generacin

second stage [HIPC Initiative]

segunda etapa

secondary instrument

instrumento secundario

secondary market

mercado secundario [SCN93]

secondary reserves [banking: USA] secondary line of reserves

reservas secundarias lnea secundaria de reservas

secondary sampling unit SSU

unidad secundaria de muestreo USM

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1097

English second-best solution second-best optimum

Spanish opcin subptima segunda opcin ptima segunda alternativa ptimo de segundo grado

second-best theory

teora del segundo ptimo

secondment [personnel]

envo en comisin de servicio adscripcin

second-order moment

momento de segundo orden

second-round price effect

efecto de segunda ronda del alza de precios

second-tier bank

banco de segundo piso banco de segunda lnea

secret [IMF information security]

secreto

secretarial assistant [IMF]

auxiliar de secretara

Secretary (of the Fund) [IMF-SEC]

Secretario (del FMI)

Secretary for Conferences, Assistant [IMF-SEC; BFCO]

Secretario Adjunto de Conferencias

secretary [IMF, in general]

secretario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1098

English Secretary, Assistant [IMF-SEC]

Spanish Secretario Adjunto

Secretary, Deputy [IMF-SEC]

Subsecretario

Secretary-General [UN]

Secretario General

Secretary's Circular [IMF document series; SEC/CIRC/...] CIRC

circular del Secretario

Secretary's Department [IMF] SEC

Departamento de Secretara

Secretary's Journal of Executive Board Informal Sessions [IMF document series; IS/...] Secretary's Journal of Executive Board Informal Sessions: Final Minutes of Meeting IS/... IS

acta definitiva de la reunin oficiosa del Directorio Ejecutivo

Section Chief [IMF]

Jefe de Seccin

Section Chief, Deputy [IMF]

Subjefe de Seccin

Section I, II [SEC/CM/S1, S2]

Seccin I, II

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1099

English section [IMF]

Spanish seccin

sector adjustment credit [IDA]

crdito para ajuste sectorial

sector GDP

PIB sectorial

Sector Investment and Maintenance Loan [IBRD] SIM Loan

prstamo para inversin y mantenimiento sectoriales

sector [BPM5; SNA93]

sector [SCN93]

sectoral

sectorial

sectoral adjustment loan [IBRD] SECAL

prstamo para ajuste sectorial

Sectoral and Information Technology Resource Center [IMF-WB] SITRC Sectoral and IT Resource Center

Centro de Asesoramiento en Tecnologa Sectorial y de la Informacin

sectorization

sectorizacin

sectorize

sectorizar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1100

English secular trend

Spanish tendencia secular tendencia a muy largo plazo

secure area [IMF information security]

zona segura

secured note [USA]

pagar garantizado

Securing the recovery and anchoring the future

Asegurar la recuperacin y afianzar el futuro

Securities Account [IMF]

Cuenta de Valores

Securities and Exchange Commission [USA] SEC

Comisin de Bolsa y Valores [ttulo no oficial]

securities auction

subasta de valores, de ttulos

securities broker security dealer

corredor de bolsa operador de valores corredor de bolsa agente de corretaje corredor de valores

securities debt

deuda mobiliaria

securities exchange stock exchange stock market

bolsa bolsa de valores mercado de valores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1101

English securities house

Spanish corredor de bolsa casa de bolsa casa de valores

securities index future stock index future share price index future index future

contrato de futuro sobre ndices burstiles contrato de futuro sobre ndices de cotizaciones de acciones futuro sobre ndices de valores futuro sobre ndices burstiles futuro sobre ndices de cotizaciones de acciones contrato de futuro sobre ndices de valores

securities lending [BPM6]

prstamo de valores [MBP6]

Securities Markets Program SMP

Programa para los Mercados de Valores PMV

securities other than shares [GFSM; FSIG; SNA93]

valores distintos de acciones [MEFP; SCN93; GISF] Otros valores distintos de acciones

securities-driven repos [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

repos en base a valores [Gua de la deuda, 1993]

securitization [BPM5; BPM6; MFSM]

bursatilizacin [MEX] securitizacin titulizacin [MBP6; MEMF] titularizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1102

English securitized asset

Spanish activo securitizado activo titulizado activo titularizado

security classification level classification [SNA93]

nivel de seguridad clasificacin [SCN93]

security classification [process] information classification classification

clasificacin determinacin del nivel de seguridad

Security Council Committee established pursuant to Resolution 841 (1993) concerning Haiti

Comit del Consejo de Seguridad establecido por la resolucin 841 (1993) relativa a Hait

Security Council [UN]

Consejo de Seguridad

security issued for cash

valor emitido a cambio de efectivo

Security Officer [IMF]

Oficial de Seguridad

Security Operations Center [IMF] SOC

Centro de Operaciones de Seguridad

Security Section

Seccin de Seguridad

Security Services Division [TGS/SE]

Divisin de Servicios de Seguridad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1103

English Security Services Unit

Spanish Unidad de Servicios de Seguridad

security [finance]

ttulo valor valor mobiliario

seed capital [SNA93] start-up capital initial capital

capital inicial [SCN93] capital generador capital simiente

seemingly unrelated regression SUR

regresin aparentemente no relacionada

segmentation [IMF support activities]

segmentacin

seigniorage [GFS 1986; IFS]

seoreaje monedaje

seizure

incautacin

seizure (of property)

embargo confiscacin decomiso

Select Committee of Experts on the Evaluation of Anti-Money Laundering Measures PC-R-EV Committee

Comit de Expertos del Consejo de Europa MONEYVAL

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1104

English Selected Decisions of the International Monetary Fund and Selected Documents [IMF]

Spanish Recopilacin seleccionada de decisiones del Fondo Monetario Internacional y otros documentos

Selected Issues papers SI

documento de la serie Selected Issues Papers

selection of Chairman and Vice-Chairmen [BL; Board of Governors]

seleccin del presidente y de los vicepresidentes

selective capital increase SCI

aumento selectivo del capital

selective default [debt] SD

incumplimiento selectivo

selective excises on goods

impuestos selectivos sobre la produccin y el consumo de bienes

selective increase in quotas

aumento selectivo de las cuotas

self

mismo propio idntico

self-adjustment

autoajuste autocorreccin autorregulacin

self-assessment [taxation]

liquidacin del impuesto por el propio contribuyente autoliquidacin del impuesto autoliquidacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1105

English self-consumption

Spanish autoconsumo consumo propio

self-dealing

autocontratacin

self-defeating prophecy

profeca autodestructiva

self-employed [GFSM; SNA93] independent labor force

trabajadores independientes trabajadores por cuenta propia [MEFP] trabajadores autnomos

self-financing

autofinanciamiento

self-fulfilling prophecy

profeca autovalidante

self-liquidating [projects]

autoamortizable

self-regulatory organization SRO

organismo autorregulado

self-rule

autonoma poltica

self-sufficiency [in general] self-reliance

autosuficiencia independencia autonoma

self-sustained ESAF [IMF] self-financing ESAF

SRAE autofinanciado SRAE autosuficiente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1106

English self-sustained PRGF

Spanish SCLP autofinanciado

self-sustaining self-sustained

autosostenido

sell on margin, to [securities]

vender a crdito

sell short shorting

vender en corto vender en descubierto sobrevender especular a la baja

selldown

colocacin ntegra

sellers' market

mercado de vendedores mercado favorable a los vendedores

selling exchange rate selling rate seller's rate offer rate

tipo de cambio vendedor tipo vendedor tipo de cambio de venta

semidurable good

bien semiduradero

semi-elasticity [statistics]

semi-elasticidad

semifinished good semimanufacture unfinished good

producto semimanufacturado producto semielaborado producto semiacabado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1107

English semilogarithmic plotting paper

Spanish papel semilogartmico

seminar

seminario

Seminars and Overseas Section [INS/AV/SO]

Seccin de Seminarios y Actividades en el Exterior

semipublic enterprise parapublic enterprise mixed enterprise

empresa mixta

semiskilled labor semiskilled manpower semiskilled worker

mano de obra semicalificada trabajador semicalificado

Senadi Dialogue

Dilogo de Sendai

senior accountant

contador principal

senior admissions assistant

auxiliar principal de admisiones

Senior advisor

Asesor Principal

senior auditor

auditor principal

senior bindery operator

operador principal de encuadernacin

senior bond

obligacin prioritaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1108

English Senior Consultant to the Managing Director [IMF-OMD]

Spanish Consultor Principal del Director Gerente

Senior Counsellor

Consejero Jurdico Principal

senior creditor

acreedor privilegiado acreedor de mayor rango

senior debt senior loan

crdito privilegiado crdito de rango superior

senior documents distribution assistant

auxiliar principal de distribucin de documentos

senior documents preparation assistant

auxiliar principal de preparacin de documentos

senior drafter

dibujante principal

Senior EDP Auditor

Auditor Principal (Informtica)

senior Executive Board services assistant

auxiliar principal de servicios del Directorio Ejecutivo

senior information management assistant

auxiliar principal de clasificacin de la informacin

senior messenger [IMF-ADM]

mensajero principal

senior official high official senior officer [IMF]

alto funcionario alto cargo [ESP]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1109

English senior pensions officer

Spanish oficial principal de jubilaciones

senior platemaker

clisador principal

senior press operator

operador principal de prensa

senior proofreader

corrector de pruebas principal

senior proofreader-indexer

corrector de pruebas-indexador principal

senior staff [IMF]

personal directivo altos funcionarios altos cargos

senior telecommunications assistant

auxiliar principal de telecomunicaciones

senior transcriber

transcriptor principal

senior transportation assistant

auxiliar principal de transportes

sensitivity analysis

anlisis de sensibilidad

sensitivity stress test [bank supervision]

prueba de sensibilidad a la tensin

Seoul Action Plan

Plan de Accin de Sel

Seoul [Korea]

Sel

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1110

English separate currencies (within a member's territories) [IMF]

Spanish monedas diversas

separate trading of registered interest and principal of securities [BPM6] STRIPS

ttulos desmantelados [MBP6] bonos segregables [MBP6] segregacin de los flujos que un bono genera a lo largo de su vida

Separation Benefits Fund [IMF]

Fondo de Indemnizacin del Personal

separation grant [IMF-HRD]

asignacin por cese de funciones

separation of powers

separacin de poderes

sequence of the observations

secuencia de las observaciones orden de las observaciones

sequencing

sequencing

sequential cropping multiple cropping

cultivos sucesivos, multiples

sequestration [budget; FSU]

embargo presupuestario embargo presupuestario automtico

serial bond issue

emisin de bonos en serie emisin de obligaciones con vencimiento escalonado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1111

English serial correlation test SCT

Spanish prueba de autocorrelacin

serial multiyear rescheduling arrangement serial MYRA serial multiyear rescheduling agreement

reprogramacin multianual en serie acuerdo de reprogramacin multianual en serie

Service and Supply Section

Seccin de Servicios y Suministros

Service Assistant [IMF]

Auxiliar de Servicios Generales

Service Assistant, Senior [IMF-TGS]

Auxiliar Principal de Servicios Generales

service charge [BPM5] service fee

cargo de giro comisin por servicio

service economy tertiary economy

economa de servicios economa terciaria

Service Officer [IMF-TGS]

Oficial de Servicios Generales

Service Officer, Senior [IMF-TGS]

Oficial Principal de Servicios Generales

service provider

proveedor de servicios

serviceable loan

prstamo susceptible de cumplimiento

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1112

English services on merchandise

Spanish servicios relacionados con mercancas

set of equations system of equations [mathematics]

sistema de ecuaciones

set off against each other [obligations]

compensar obligaciones

set [mathematics]

conjunto

set-aside account

cuenta de recursos afectados

set-aside amount set-aside(s)

recursos afectados

settlement agent

agente de liquidacin agente de pago

settlement currency

moneda de pago moneda de liquidacin

settlement day

da de liquidacin de valores de la Bolsa de Londres

settlement of accounts

liquidacin de cuentas

settlement of commitments

liquidacin de obligaciones

settlement of currency valuation adjustment

liquidacin del ajuste de valoracin de la moneda

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1113

English settlement of disagreements [IMF] settlement of disputes

Spanish arreglo de desacuerdos arreglo de diferencias

settlement of financial obligations

liquidacin de las obligaciones financieras

settlement risk

riesgo de liquidacin riesgo de falta de pago

settlement system [securities settlement systems]

sistema de liquidacin sistema de pagos

settlement [securities settlement systems]

liquidacin pago

settling-in grant [IMF-HRD]

asignacin para gastos de instalacin

severance pay severance package layoff pay severance payments

indemnizacin por despido pagos por separacin

severance tax [GFS 1986]

impuesto sobre la extraccin (de productos minerales)

Severe Acute Respiratory Syndrome SARS

Sndrome respiratorio agudo severo SRAS Neumona atpica

severely indebted low-income countries SILICs

pases de bajo ingreso gravemente endeudados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1114

English severely indebted middle-income countries SIMICs

Spanish pases de ingreso mediano gravemente endeudados

sex and gender issues

problemas de discriminacin relacionados con el sexo o gnero

sexual harassment

acoso sexual

shadow banking system

sistema bancario paralelo

shadow economy gray economy underground economy [SNA93]

economa irregular economa clandestina economa invisible economa negra economa no registrada economa gris economa sumergida [SCN93] economa informal economa subterrnea [SCN93] economa oculta

shadow exchange rate accounting exchange rate

tipo de cambio sombra tipo de cambio contable

shadow price

precio sombra precio contable precio virtual

shadow program

programa sombra

shallow financial market

mercado financiero poco profundo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1115

English Shanghai Cooperation Organization SCO

Spanish Organizacin de Cooperacin de Shanghai OCS

share capital capital stock

capital social capital accionario

share price index

ndice burstil

share [SNA93]

accin [SCN93] participacin

Shared Services Unit [TGS/DF/SS]

Unidad de Servicios Compartidos

shareholder [SNA93]

accionista [SCN93]

shares and other equity [FSIG; GFSM; SNA93]

acciones y otras participaciones de capital [GISF; MEFP; SCN93]

shares [BPM5; GFSM]

acciones [MBP5; MEFP]

sharing clause

clusula de distribucin de los pagos recibidos de los deudores clusula de distribucin equitativa clusula de distribucin

shelf company [BPM6] off-the-shelf company ready-made company

sociedad en reserva [MBP6]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1116

English shell bank

Spanish banco fantasma banco ficticio banco simulado banco cscara banco pantalla

shell company dormant company front company

sociedad fantasma sociedad testaferro sociedad pantalla sociedad ficticia sociedad testaferra

sheltered sector

sector protegido

shift between reserve assets

cambio de composicin de los activos de reserva

shift in the adequacy of global reserves

variacin de la suficiencia de las reservas mundiales

shift in the demand curve shift in demand demand shift

desplazamiento de la demanda desplazamiento de la curva de demanda

shift in the supply curve shift in supply supply shift

desplazamiento de la oferta desplazamiento de la curva de oferta

shift of short-term funds

movimiento de fondos a corto plazo desplazamiento de fondos a corto plazo

shifting of tax burden [tax policy] shifting of tax

transferencia de la carga tributaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1117

English shipment [BPM5]

Spanish embarques [MBP5]

Shipping Unit [IMF]

Unidad de Embarques

shocks window

mecanismo de financiamiento para casos de shock mecanismo para casos de shock

Shogun bond

bono shogun

short bank

banco con saldo deudor

Short Collegium [IMF]

Comit de Direccin Restringido

short end of the market

mercado de capitales a corto plazo

short position

posicin sobrevendida posicin corta posicin en descubierto

short positions

posiciones cortas

short selling short sale [securities]

especulacin a la baja venta en descubierto sobreventa

short squeeze

contraccin alcista

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1118

English short term facility rate STF rate

Spanish tasa del servicio a corto plazo

shortfall

prdida diferencia entre el resultado y lo previsto deficiencia disminucin insuficiencia [SCN93] dficit [SCN93]

shortfall year [CCFF]

ao de la insuficiencia

shorthand method

mtodo simplificado

short-term

corto plazo

short-term asset

activo a corto plazo

short-term capital [BOP]

capital a corto plazo

short-term debt [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993] liquid debt

deuda lquida deuda a corto plazo [Gua de la deuda, 1993]

short-term expert [AFRITAC] STX

experto a corto plazo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1119

English short-term interest rate short-term rate

Spanish tasa de inters a corto plazo tasa a corto plazo

Short-Term Liquidity Facility SLF

Servicio de Liquidez a Corto Plazo SLC

short-term liquidity line SLL

lnea de liquidez a corto plazo

short-term paper

efectos comerciales a corto plazo ttulos a corto plazo

short-term propensity

propensin en el corto plazo propensin a corto plazo

Shua'a

Shua'a

shuttle trade

comercio de frontera [WTO; MBP6] turismo comercial comercio fronterizo

sick leave [IMF-HRD]

licencia mdica

side effects

efectos colaterales

side letter

carta complementaria

sight deposit liabilities

pasivos por depsitos a la vista

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1120

English signaling

Spanish emisin de seales sealizacin

signature loan unsecured loan personal loan character loan

prstamo personal prstamo sin garanta real prstamo a sola firma

significance level [statistics]

nivel de significacin nivel de significancia

simple interest rate

tasa de inters simple

simple model

modelo simple

simple regression

regresin simple

simplified assumption

supuesto simplificado

simplifying assumption

supuesto simplificador

simulation model

modelo de simulacin

simulation techniques and models

tcnicas y modelos de simulacin

simultaneous equations

ecuaciones simultneas

simultaneous least squares

mnimos cuadrados simultneos

simultaneous regressions

regresiones simultneas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1121

English sinecure

Spanish cambur [VEN] aviadores [MEX] botella [DOM] oqui [ARG]

Singapore interbank offered rate SIBOR

tasa interbancaria de oferta de Singapur

single banking license provision [EC]

disposicin sobre la autorizacin bancaria nica

single currency

moneda nica

single currency loan monocurrency loan

prstamo en una sola moneda

single discrete step depreciation

depreciacin discreta nica (importante)

Single European Act [EC] Single Act

Acta nica Europea Acta nica

Single European Market [EC] Single Market [EC]

Mercado nico Europeo Mercado nico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1122

English Single Market program [EC]

Spanish Programa para la realizacin del mercado nico

single monetary policy [EMU]

poltica monetaria nica

single-currency pegging single peg single-currency link unicurrency peg unicurrency pegging

tipo de cambio fijo en relacin con una sola moneda determinacin del tipo de cambio en relacin con una sola moneda vinculacin a una sola moneda

single-factor terms of trade

relacin de intercambio de factor nico

single-purpose expenditure rule

principio de especialidad presupuestaria

single-stage tax

impuesto monofsico impuesto de etapa nica

single-topic mission single-sector mission

misin relativa a un solo sector misin sobre un solo sector

singular matrix

matriz singular

sinking continent [Africa]

continente que naufraga

sinking fund debenture

obligacin de un fondo de amortizacin

sinking fund [GFS 1986]

fondo de amortizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1123

English Sino-British Joint Declaration

Spanish Declaracin conjunta sino-britnica

sinusoidal

sinusoidal

site office

oficina local

Six Markets Group G-6 Asian G-6

Grupo de los Seis Mercados G-6 Asitico

size of a sample sample size [CPI]

tamao de la muestra tamao

size of each credit tranche

cuanta de cada tramo de crdito

size of the Fund

magnitud de los recursos del FMI monto de los recursos del FMI

skewed distribution

distribucin asimtrica

skewness skew

asimetra distribucin simtrica

skilled labor skilled manpower skilled worker

mano de obra calificada trabajador especializado

slack capacity idle capacity underemployed capacity

capacidad no utilizada capacidad ociosa capacidad subutilizada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1124

English slack [economics]

Spanish atona falta de dinamismo capacidad ociosa [WHD REO]

sleeping giant [Africa]

gigante dormido

sliding span [statistics]

subperodo mvil

sliding-scale clause

clusula de escala mvil

slippage [policy]

desviacin

slope [mathematics]

pendiente

slot charter

fletamento de parte del espacio o lugar de una embarcacin

slow adjusters

pases que aplicaron (un) ajuste(s) gradual(es) pases con ajuste gradual

sluggishness

atona

slumpflation

depreflacin depresin con inflacin

Slutzky effect

efecto Slutzky

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1125

English small and medium taxpayers SMT

Spanish pequeas y medianos contribuyentes

small and medium-sized enterprises SMEs small and medium-size enterprises small and medium-scale enterprises small and medium-sized industries SMIs

pequea y mediana empresa PYME

small cap company

empresa de baja capitalizacin

small denomination note

billete de baja denominacin

small economy with an international financial center SEIFiC

PECFI

small ingot

pequeo lingote

small island economy

pequea economa insular

small low-income economies

economas pequeas de bajo ingreso

small sample

muestra pequea

smart card stored value card electronic purse

smart card tarjeta inteligente monedero electrnico

smart economics

economa inteligente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1126

English Smithsonian exchange rates

Spanish tipos de cambio del acuerdo del Smithsonian

Smoot-Hawley Tariff Act of 1930 Tariff Act of 1930

Ley Smoot-Hawley de 1930 sobre Aranceles

smoothing

suavizacin atenuacin de las variaciones

smurfing structuring

pitufeo atomizacin de transacciones smurfing

social accounting matrix SAM

matriz de contabilidad social MCS

social accounting [GBR] social accounts

cuentas nacionales contabilidad social

social assistance benefits [GFSM; SNA93]

prestaciones de asistencia social [MEFP]

social assistance scheme [GFSM 2001]

sistema de asistencia social

social assistance [SNA93]

asistencia social [SCN93]

social benefits

prestaciones sociales

social capital

capital social

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1127

English social charges

Spanish cargas sociales

social compact

pacto social

social contributions [BPM5; GFSM 2001; BPM6; SNA93]

aportaciones a la seguridad social [MBP5] contribuciones sociales [MBP5; BPM5; SNA; MEFP; MBP6; SCN93]

social cost

costo social costo colectivo

social divide

fractura social fractura de la sociedad

social dumping [WTO]

dumping social

social expenditure social wage

gasto social

social impact analysis SIA

anlisis del impacto social AIS

social impact assessment [World Bank] SIA

evaluacin de los efectos sociales

social inclusion

inclusin social

social infrastructure

infraestructura social

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1128

English social insurance benefits [GFSM; SNA93]

Spanish prestaciones de los seguros sociales [MEFP] prestaciones del seguro social

social insurance contributions [GFSM]

contribuciones de seguridad social contribuciones a los seguros sociales [MEFP] cotizaciones de seguridad social

social insurance scheme [GFSM 2001]

sistema de seguro social

social insurance [SNA]

seguro social

social marginal productivity

productividad marginal social

social overhead capital overhead capital

capital social fijo capital nacional fijo

social programs assistant

auxiliar de programas sociales

social protection floor SPF

proteccin social mnima piso de proteccin social piso social

social protection scheme

sistema de proteccin social

social rate of return SRR

tasa de rentabilidad social tasa de retorno social

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1129

English social risk

Spanish riesgo social

social safety

proteccin social

social safety net safety net [GFSM]

red de proteccin red de proteccin social [MEFP] medidas de proteccin social

social security

seguridad social [SCN93] seguro social

social security contributions [GFS 1986; GFSM; GFSY; SNA93]

contribuciones al seguro social contribuciones a la seguridad social

social security funds [GFS 1986; GFSM; SNA93]

fondos de seguridad social [MEFP] fondos de seguro social

social security system social security scheme

plan de seguridad social seguridad social sistema de seguridad social rgimen de seguridad social

social surplus net social benefit of production

supervit social

social wage

salario social

social welfare welfare

bienestar social asistencia social

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1130

English socialization of private debt

Spanish socializacin de la deuda privada

socially oriented financial institution SOFI

institucin financiera con vocacin social IFVS

Society for International Development [USA] SID

Sociedad Internacional para el Desarrollo SID

socioeconomic development social and economic development

desarrollo socioeconmico

soft budget constraint SBC

limitacin presupuestaria flexible limitacin presupuestaria poco estricta

soft commodities

materias primas agrcolas

soft convertibility

convertibilidad sin tipo de cambio fijo

soft currency

moneda dbil

soft landing

aterrizaje suave

soft loan

prstamo en condiciones concesionarias prstamo en condiciones favorables crdito en condiciones favorables [SCN93] crdito blando [SCN93] prstamo concesionario prstamo blando

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1131

English soft patch

Spanish desaceleracin temporal desaceleracin transitoria

soft peg soft pegging

paridad blanda tipo de cambio menos rgido

soft put [options]

opcin blanda

soft restructuring

reestructuracin blanda

soft terms [lending]

condiciones concessionarias, favorables

software site license agreement [IT]

acuerdo de explotacin del software

software [BPM5; SNA93]

software [SCN93] soporte lgico de computacin [SCN93] programa de computacin [SCN93] programa(s) (de informtica) soporte lgico (software) [MBP5]

sole source procurement single source procurement noncompetitive procurement

adquisiciones directas contratacin directa con un solo proveedor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1132

English Solidarity Fund for Economic and Social Development in the Non-Aligned Countries

Spanish Fondo de Solidaridad para el Desarrollo Econmico y Social de los Pases no Alineados

solve for x [equations]

despejar la x

solvency ratio

coeficiente de solvencia

some [IMF]

algunos

sorting [BPM5]

reparto clasificacin [MBP5]

soundness

solidez

source data

datos fuente

source language

idioma de partida, de origen

South Africa Customs Union

Unin Aduanera del frica Meridional

South African Customs Union SACU Southern African Customs Union

Unin Aduanera del frica Meridional SACU

South American Commission for Peace, Regional Security and Democracy

Comisin Sudamericana para la Paz, la Seguridad Regional y la Democracia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1133

English South Asian Association for Regional Cooperation SAARC

Spanish Asociacin del Asia Meridional para la Cooperacin Regional SAARC

South Commission [North-South Dialogue]

Comisin Sur [ttulo no oficial]

South Pacific Bureau for Economic Co-operation SPEC

Oficina del Pacfico Sur para la Cooperacin Econmica SPEC

South Pacific Commission SPC

Comisin del Pacfico Meridional CPM

South Pacific Forum [IBRD]

Foro del Pacfico Sur

South/Central American I, II Division [WHD/S1, S2]

Divisin de Amrica del Sur/Amrica Central I, II

Southeast Asia and Pacific Department SEA

Departamento de Asia Sudoriental y el Pacfico

South-East Asia Treaty Organization SEATO

Organizacin del Tratado del Sudeste de Asia SEATO

South-East Asian Central Banks Research and Training Centre SEACEN Centre

Centro de Investigaciones y de Capacitacin de los Bancos Centrales de Asia Sudoriental

Southeastern Division

Divisin Sudoriental

Southeastern Division I, II, III [EUR/O1, O2, O3]

Divisin de Europa Sudoriental I, II, III

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1134

English Southern African Development Community SADC

Spanish Comunidad del Desarrollo de frica Meridional SADC

Southern African Development Coordination Conference SADCC

Conferencia para la Coordinacin del Desarrollo de frica Meridional SADCC

Southern African Division I, II, III

Divisin de frica Meridional I, II, III

Southern basin of the Mediterranean region [EC] SMR

pases del Sur del Mediterrneo

Southern Common Market MERCOSUR

Mercado Comn del Sur MERCOSUR

Southern Division

Divisin Meridional

Southern European Division I, II

Divisin de Europa Meridional I, II

Southern I, II Division [EUR/S1, S2]

Divisin de Europa Meridional I, II

Southwest African Division [IMF-AFR]

Divisin de frica Sudoccidental

sovereign arrears

atrasos en los pagos de la deuda soberana atrasos de la deuda soberana

Sovereign Asset and Liability Management Division [MCM/AL]

Divisin de Gestin de Activos y Pasivos Soberanos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1135

English sovereign borrower

Spanish prestatario soberano

sovereign ceiling

techo soberano lmite soberano tope soberano

sovereign ceiling clause

clasula de techo soberano

sovereign credit

crdito soberano

sovereign credit ratings

calificaciones crediticias de la deuda soberana

sovereign debt

deuda soberana

Sovereign Debt Dispute Resolution Forum [SDRM] SDDRF

Foro de Solucin de Controversias sobre la Deuda Soberana

sovereign debt restructuring mechanism Sovereign Debt Resolution Mechanism SDRM

mecanismo de reestructuracin de la deuda soberana

sovereign default

cesacin de pagos soberanos

sovereign rating [debt]

calificacin soberana calificacin del prestatario soberano

sovereign risk premium

prima de riesgo soberano

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1136

English sovereign risk political risk

Spanish riesgo soberano riesgo de la deuda soberana riesgo poltico [Gua de la deuda, 1993]

sovereign spreads sovereign bond spreads interest rate spreads

diferenciales de los bonos soberanos

sovereign wealth fund SWF

fondo soberano de inversin

sovereign yields

rendimientos de las emisiones soberanas rendimientos de los ttulos soberanos

sovereignty expenses

gastos reservados

space arbitrage two-point arbitrage

arbitraje espacial

space charter

fletamento de espacio en una embarcacin

Space Planner, Senior [IMF-SEC]

Responsable Principal de la Distribucin de las Salas de Conferencia

space transport

transporte espacial

spaghetti bowl

maraa de acuerdos comerciales

Spanish Division

Divisin de Espaol

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1137

English Spanish flu

Spanish gripe espaola

spare capacity

capacidad de reserva capacidad ociosa [WHD REO] capacidad no utilizada

spatial economics

economa espacial

speaking notes [IMF]

fichas para la intervencin

special account [Paris Club]

cuenta especial

Special Advisor on Diversity

Asesor Especial sobre Diversidad

Special Advisor to the Deputy Managing Director

Asesor Especial del Subdirector Gerente

Special Advisor to the Managing Director [IMF-OMD]

Asesor Especial del Director Gerente

special and differential treatment SDT

trato especial y diferenciado

Special Appointee [IMF-APD]

Funcionario Designado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1138

English Special Arab Aid Fund for Africa SAAFA Arab Special Fund for Africa ASFA

Spanish Fondo Arabe Especial de Ayuda para frica [ttulo no oficial] SAAFA Fondo Arabe Especial para Africa ASFA

Special Assistant for Operations

Auxiliar Especial de Operaciones

Special Assistant to the Deputy Managing Director [IMF-OMB]

Asistente Especial del Subdirector Gerente

Special Assistant to the Director [IMF]

Asistente Especial del Director

Special Assistant to the Treasurer

Asistente Especial del Tesorero

Special Association (agreement) [IMF relations with U.S.S.R.]

acuerdo de asociacin especial

special charges [IMF] additional charges

cargos especiales cargos adicionales

Special Committee on Latin American Co-ordination SCLAC

Comisin Especial de Coordinacin Latinoamericana CECLA

Special Contingent Account 1 First Special Contingent Account SCA-1

Primera Cuenta Especial para Contingencias CEC-1

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1139

English Special Contingent Account 2 SCA-2 Second Special Contingent Account

Spanish Segunda Cuenta Especial para Contingencias CEC-2

Special Contingent Account [BPM5]

Cuenta Especial para Contingencias [MBP5]

Special Contingent Accounts--First and Second [IMF]

cuentas especiales para contingencias (primera y segunda) [P45]

Special Counsellor to the Managing Director

Consejero Especial del Director Gerente

Special Data Dissemination Standard [IMF-EBB] SDDS special standard more demanding standard

Normas Especiales para la Divulgacin de Datos NEDD normas especiales normas ms rigurosas

Special Disbursement Account SDA

Cuenta Especial de Desembolsos CED

Special Drawing Account [AA]

Cuenta Especial de Giro

special drawing rights [BPM5] SDR paper gold [SDR] special drawing right

derechos especiales de giro [MBP5; SNA93] derecho especial de giro [MBP6; MEFP] DEG oro papel

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1140

English special election [IMF, Executive Directors]

Spanish eleccin extraordinaria

Special Facilities and Issues Division

Divisin de Servicios y Asuntos Especiales

Special Facility for Sub-Saharan Africa [IBRD] SFSA Special Facility for Africa SFA Africa Facility

Servicio Especial de Asistencia para frica al sur del Sahara SEAASS Servicio Especial para frica SEA Servicio Africano

special facility [IMF]

servicio financiero especial

Special Financial Operations Unit [IBRD] SFO

Unidad de Operaciones Financieras Especiales

Special Financial Supervisory Issues Division

Divisin de Asuntos Especiales de Supervisin Financiera

Special Financial Supervisory Issues Section [MAE/AI/...]

Seccin de Cuestiones Especiales de Supervisin Financiera

Special Fund for Land-locked Countries [UN]

Fondo Especial de las Naciones Unidas para los Pases en Desarrollo Carentes de Litorales

Special Inspector General for the Troubled Asset Relief Program

Inspector Especial General del Programa de Alivio de Prstamos Problemticos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1141

English special interest group SIGS lobby

Spanish grupo de inters, de intereses especficos, de presin

special majority qualified majority supermajority

mayora especial mayora calificada mayora cualificada [ESP]

special meeting [IMF, Executive Board]

reunin extraordinaria

special mention

con nota especial potencialmente riesgoso potencialmente dudoso

Special Office Support Group [HRD/RSD] SOS

Grupo Especial de Apoyo Administrativo

special one-time allocation of SDRs [IMF] one-time special SDR allocation equity allocation of SDRs special SDR allocation special allocation of SDRs

asignacin especial de DEG de carcter excepcional asignacin especial de DEG

Special Operations Division

Divisin de Operaciones Especiales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1142

English Special Program of Assistance (for the Low-Income DebtDistressed Countries in Sub-Saharan Africa) [IBRD] SPA Special Program of Assistance (to Sub-Saharan Africa)

Spanish Programa Especial de Asistencia (para los Pases de Bajos Ingresos de frica al Sur del Sahara Agobiados por la Deuda)

Special Projects Assistant [IMF]

Auxiliar de Proyectos Especiales

Special Projects Officer [IMF]

Oficial de Proyectos Especiales

Special Projects Officer, Senior [IMF]

Oficial Principal de Proyectos Especiales

special purpose entity SPE

entidad con fines especficos entidad con fines especiales EFE entidad para fines especiales

special purpose vehicle SPV special purpose entity

vehculo con fines especficos VFE unidad creada para fines especficos

Special Recommendations on Terrorist Financing [FATF] FATF 8 Eight Special Recommendations 8 Special Recommendations on Terrorist Financing FATF 8 Special Recommendations

8 Recomendaciones Especiales sobre la financiacin del terrorismo 9 Recomendaciones Especiales sobre la financiacin del terrorismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1143

English Special Representative to the EU [IMF-EUO]

Spanish Representante Especial ante la UE

Special Representative to the United Nations

Representante Especial ante las Naciones Unidas

special reserve

reserva especial

special revenue bond

bono con garanta especial, rescatable con recursos especficos

special services departments

departamentos de servicios especiales

Special Structural Adjustment Loan [IBRD]

prstamo especial para ajuste estructural

Special Trade Representative/Director [IMF-GEN]

Representante Especial para Asuntos Comerciales/Director

special trade system

sistema de comercio especial sistema comercial especial

special transactions plan [IMF]

plan de transacciones especial

special treatment

trato especial

Special United Nations Fund for Economic Development [UN]

Fondo Especial de las Naciones Unidas para el Desarrollo Econmico

specialized agency [UN]

organismo especializado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1144

English Specialized Programs Unit [INS/AV/TR/SP]

Spanish Unidad de Programas Especializados

Specific Investment Loan [IBRD]

prstamo para una inversin especfica

specification

especificacin

spectral analysis

anlisis espectral

spectral density

densidad espectral

spectral regression

regresin espectral

spectrum

espectro

speculation

especulacin [SCN93]

speculative attack

ataque especulativo

speculative bubble

burbuja especulativa

speculative demand for money

demanda de dinero por motivo especulacin demanda especulativa de dinero demanda de dinero con fines especulativos

speculative motive speculation motive

motivo especulacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1145

English Speech by Managing Director [IMF document series; MD/SP/...] MDSP

Spanish discurso del Director Gerente

Speechwriter [IMF-EXR]

Redactor de Discursos

speed [IT]

velocidad

spending-production lag

desfase gasto-produccin

Spexit

salida de Espaa de la zona del euro

spherical normal distribution

distribucin normal esfrica

spillover effect spillover spinoff effect spillovers

efectos de arrastre efectos derivados efectos secundarios repercusiones efectos indirectos efectos de contagio efecto derrame

spillover report

informe sobre efectos de contagio

spin-off [enterprises]

cesin de activos

split pricing differential pricing

diferenciacin de precios desdoblamiento de precios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1146

English split-off [enterprises]

Spanish escisin

sponsor

patrocinador

sponsorship

patrocinio

spot market cash market

mercado de entrega inmediata mercado spot mercado al contado

spot price spot quotation spot rate cash price

precio de entrega inmediata cotizacin al contado tipo de cambio al contado tipo al contado

spot transaction spot exchange transaction

operacin de cambio al contado

spouse allowance [IMF-HRD]

asignacin por cnyuge a cargo

spouse and child allowance [IMF-HRD] SCA

asignacin por familiares a cargo

spread between highest and lowest interbank rate [FSIG] SIR

diferencial entre las tasas interbancaria mxima y mnima [GISF]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1147

English spread between reference lending and deposit rates [FSIG] SLDR

Spanish diferencial entre las tasas de referencia activa y pasiva [GISF]

spread effect

efecto de propagacin

spread option contract [derivatives] spread option

opcin sobre diferenciales opcin sobre diferenciales de tasas de inters

spread over LIBOR

margen por encima de la LIBOR

spread [SNA93]

diferencial de tasas de inters [WHD REO] spread diferencial diferencia [SCN93] margen [SCN93]

spreading of risks risk spreading risk diversification

diversificacin de los riesgos distribucin de los riesgos

spreadsheet

hoja de clculo planilla electrnica

Spring Meetings [IMF; IBRD]

Reuniones de Primavera

spurious correlation

correlacin espuria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1148

English square matrix

Spanish matriz cuadrada

Stability and Growth Pact SGP

Pacto de Estabilidad y Crecimiento

stability condition

condicin de estabilidad

stabilization fund [IMF, GMBS]

fondo de estabilizacin

stabilization measure

medida de estabilizacin

stabilization policy

poltica de estabilizacin

Stabilization System for Export Earnings [Lom Convention] STABEX

Sistema de estabilizacin de los ingresos de exportacin STABEX

stabilizing speculation

especulacin estabilizadora

stable but adjustable par values

paridades estables pero ajustables

Staff and Family Services Section

Seccin de Servicios al Personal y sus Familiares

Staff Assistant [IMF]

Asistente de Secretara

Staff Association Committee [HRD/AI/SA] SAC Office SAC

Comit de la Asociacin del Personal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1149

English Staff Association [IMF]

Spanish Asociacin del Personal

Staff Benefits Division

Divisin de Prestaciones al Personal

Staff Bulletin [IMF document series; SB/...] SB

boletn de informacin al personal

Staff Development Center [IMF-HRD]

Centro de Perfeccionamiento del Personal

Staff Development Division [HRD/SD]

Divisin de Perfeccionamiento del Personal

staff development [personnel]

perfeccionamiento del personal

staff dispersal

dispersin del personal

staff estimates [IMF]

estimaciones del personal tcnico del FMI estimaciones de los funcionarios del FMI

staff member [IMF]

funcionario

Staff Memorandum [IMF document series; SM/...] SM staff report

memorando del personal tcnico del FMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1150

English staff mission [IMF]

Spanish misin del personal tcnico del FMI misin del FMI

staff on temporary assignment [IMF] staff on TAP

personal adscrito temporalmente

Staff Papers

Staff Papers estudios preparados por el personal tcnico del FMI [[ttulo no oficial]]

Staff Position Note Staff Position Paper

nota de sntesis del personal tcnico del FMI nota de sntesis

staff projections [IMF]

proyecciones del personal tcnico del FMI proyecciones de los funcionarios del FMI

staff regulations [IMF]

disposiciones sobre el personal

staff report for the Article IV consultations Article IV report

informe del personal tcnico sobre las consultas del Artculo IV informe sobre la consulta del Artculo IV

Staff Retirement Fund [IMF] SRF

Fondo de Jubilaciones del Personal

Staff Retirement Plan [IMF] SRP

Plan de Jubilacin del Personal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1151

English staff team [IMF]

Spanish equipo de funcionarios del FMI

staffing schedule

plan de personal

staff-monitored program SMP Fund-monitored program

programa supervisado por el FMI

stage one [IMF, safeguards assessment]

primera etapa

stage two [IMF, safeguards assessment]

segunda etapa

stagflation

estanflacin [SCN93]

stagnation

estancamiento

stakeholder

actor protagonista tercero involucrado parte interesada interesado interesado principal

stale check

cheque vencido cheque caducado

stamp tax

impuesto de timbre impuesto de sellos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1152

English stand alone Article IV reports

Spanish informe sobre la consulta del Artculo IV exclusivamente

standard basket [currencies]

cesta tipo canasta tipo

Standard Central American Tariff Code Regulations

RECAUCA Reglamento del Cdigo Aduanero Uniforme Centroamericano

Standard Central American Tariff Code CAUCA

Cdigo Aduanero Uniforme Centroamericano CAUCA

standard component

componente normalizado

standard data report form SDRF standardized data report form standard report form SRF

formularios estandarizados de declaracin de datos FEDD

standard deviation

desviacin normal desviacin tpica desviacin estndar

standard error of estimate SEE SE

error tpico de estimacin error estndar de estimacin

Standard International Trade Classification [UN] SITC

Clasificacin Uniforme para el Comercio Internacional [MBP5] CUCI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1153

English standard market quotation

Spanish cotizacin corriente de mercado cotizacin estndar de mercado

standard normal distribution

distribucin normal tpica distribucin normal estndar

standard normal variable

variable normal estndar variable normal tpica

standard of living [CPI]

nivel de vida

standard of value

patrn de valor

standardization

normalizacin estandarizacin estandardizacin

standardized variable

variable tipificada

standards

normas

Standards and Codes Initiative

Iniciativa sobre Normas y Cdigos

Standards and Coordination Unit [PDR/AI/SC]

Unidad de Normas y Coordinacin

Standards for the Professional Practice of Internal Auditing

Normas para la Prctica Profesional de la Auditora Interna [IIA]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1154

English standard-setting organization

Spanish organismo normativo entidad normativa

stand-by agreement [SNA93]

acuerdo stand-by [SCN93] acuerdo de derecho de giro [SCN93]

Stand-By Arrangement [IMF] SBA

acuerdo de derecho de giro Acuerdo Stand-By

stand-by charge [IMF]

cargo por acuerdo de derecho de giro

Standby Credit Facility SCF

Servicio de Crdito Stand-By SCS

stand-by credit stand-by loan

crdito en el marco de un acuerdo de derecho de giro

Stand-By Operations Division [SPR/ST] SBO

Divisin de Operaciones relativas a Acuerdos de Derecho de Giro

standing committee

comisin permanente comit permanente

standing crops

cosechas en pie

standing instructions

instrucciones permanentes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1155

English Standing Interpretations Committee SIC

Spanish Comit Permanente de Interpretacin de Normas Internacionales de Contabilidad CPI Comit de Interpretaciones de Normas CIN

standing timber

arboles en pie

standstill agreement standstill [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

acuerdo de mantenimiento del statu quo

standstill commitment [WTO]

compromiso de statu quo

standstill on payments standstill agreement

moratoria de pagos (por acuerdo mutuo) moratoria autorizada

STAP Ad Hoc Working Group on Biodiversity [GEF] AWGB

Grupo Especial de Trabajo sobre la Diversidad Biolgica del Grupo Asesor Cientfico y Tecnolgico

staple crop

cultivo bsico

start-up cost

costos iniciales costos de puesta en marcha

State Asset Supervision and Administration Commission [CHN] SASAC

Comisin de Supervisin y Administracin de Activos Estatales SASAC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1156

English state capture

Spanish conquista del Estado control del Estado

State Committee for Property [Russian Federation] GKI

Comit Estatal encargado de la Propiedad Pblica

State Department [USA]

Departamento de Estado

state government

gobierno estatal gobierno provincial

state trading economy

economa de comercio estatal

state, provincial or regional government subsector

subsector gobierno estatal, provincial o regional

state, provincial, or regional government

gobierno estatal, provincial o regional

statement of account [banking] account statement

estado de cuenta extracto de cuenta

Statement of Government Operations [GFSM 2001]

estado de operaciones del gobierno [MEFP]

statement of income and expenses statement of income income statement profit and loss statement income and expense statement

estado de resultados cuenta de resultados estado de prdidas y ganancias estado de ingresos y gastos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1157

English statement of other economic flows [GFSM 2001]

Spanish estado de otros flujos economicos

statement of sources and uses of cash

estado de fuentes y usos de efectivo [MEFP]

Statement of Surveillance Priorities

Declaracin de prioridades de la supervisin

static efficiency

eficiencia esttica

stationary process

proceso estacionario

stationary state

estado estacionario

statistic

estadgrafo estadstico

statistical advisor

asesor en cuestiones de estadstica

Statistical Advisory Committee [FAO] SAC

Comit Asesor de Estadstica

statistical annex [IMF documents]

anexo estadstico

Statistical Appendix [IMF]

apndice estadstico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1158

English statistical boundary boundary

Spanish lmite contorno frontera [SCN93] frontera estadstica lmite estadstico [MBP5]

Statistical Commission [UN]

Comisin de Estadstica

statistical correspondent [IMF-STA] correspondent on statistical matters

corresponsal de estadsticas corresponsal encargado de estadsticas

Statistical Data and Metadata Exchange initiative SDMX initiative

Iniciativa sobre el intercambio de datos y metadatos estadsticos

Statistical Data and Metadata Exchange SDMX

intercambio de datos y metadatos estadsticos

statistical data source [MPI]

fuente de los datos estadsticos

statistical decision theory decision analysis

teora de las decisiones estadsticas

statistical discrepancy [statistics]

discrepancia estadstica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1159

English Statistical Division [UN] UNSD

Spanish Divisin de Estadstica

statistical inference

inferencia estadstica

Statistical Information Management Section [STA/AI/SI] SIMS

Seccin de Gestin de la Informacin Estadstica

Statistical Measurement of Financial Derivatives

Medicin estadstica de los instrumentos financieros derivados

statistical noise

ruido estadstico

Statistical Office of the European Communities [EU] EUROSTAT

Oficina Estadstica de las Comunidades Europeas EUROSTAT

statistical unit

unidad estadstica

statistical update [IMF documents]

actualizacin estadstica

statistically significant

estadsticamente significativo

Statistics Department [IMF] STA

Departamento de Estadstica

status of the Fund

condicin jurdica del Fondo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1160

English status, immunities, and privileges [AA]

Spanish condicin jurdica, inmunidades y privilegios

Statute of the European System of Central Banks and of the European Central Bank

Estatutos del Sistema Europeo de Bancos Centrales y del Banco Central Europeo

statutory ceiling

lmite legal

statutory power

poder legal facultad legal

statutory reserve [banking; insurance] legal reserve

reserva legal encaje legal

stay of payments

suspensin de pagos con acuerdo de los acreedores suspensin de pagos

stay of proceedings

suspensin de las acciones judiciales

stay on creditor litigation

suspensin de las acciones de los acreedores

steady state

estado estable

steady-state growth

crecimiento en estado estable crecimiento a una tasa constante

steering committee

comit de coordinacin comit de direccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1161

English Steering Committee on Coordination of Technical Assistance in Statistics to countries of the Former Soviet Union Steering Committee on the Coordination of Technical Assistance in Statistics to the Countries of the Former Soviet Union [IMF-STA] Steering Committee to Coordinate Technical Assistance in Statistics to countries of the former Soviet Union Steering Committee on the Coordination of Technical Assistance in Statistics to the Baltic countries, Russia, and other countries of the former Soviet Union Steering Committee on Coordination of Technical Assistance in Statistics to Countries of the Former Soviet Union SCCTAS Technical Assistance Unit

Spanish Comit de Coordinacin de Asistencia Tcnica en materia de Estadsticas a los Pases de la Antigua Unin Sovitica

stem and roll back [trade restrictions]

frenar y desmantelar

stem cell

clula madre clula troncal clula precursora clula pluripotencial

step depreciation discrete depreciation one-off depreciation discrete step depreciation

depreciacin discreta

step function

funcin escalonada, en escalera

step-like line

lnea escalonada

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1162

English sterilization

Spanish esterilizacin esterilizacin monetaria neutralizacin

sterilize [funds]

esterilizar

sterilized intervention [central banking]

intervencin esterilizada

steward [GEF]

custodio

stickiness downward rigidity

inflexibilidad a la baja rigidez adhesividad rigidez a la baja

stigma

estigma

stochastic

estocstico

stochastic model

modelo estocstico modelo aleatorio

stochastic process

proceso estocstico

stochastic relationship

relacin aleatoria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1163

English stock buyback share repurchase share buyback

Spanish recompra de acciones propias formacin de autocartera

stock cycle inventory cycle

ciclo de existencias ciclo de inventario

stock data position data

datos de saldos datos sobre saldos

stock dividend [USA] scrip issue [GBR]

dividendo en acciones

stock index option contract

contrato de opcin basado en ndices burstiles

stock ledger [accounting] share ledger

registro de accionistas

stock of gold [BPM5]

cantidad de oro [MBP5] masa de oro

stock option plan

plan de opcin de compra de acciones

stock split [securities] split split-up

fraccionamiento de acciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1164

English stock variable

Spanish variable de stock variable de saldo

stock [SNA93]

saldo [MEFP] tenencias [MBP5; MBP6] stock masa

stockbuilding

acumulacin de existencias

stock-of-debt operation [Paris Club; HIPC Initiative; Debt Guide, 1993] debt stock agreement

operacin sobre el saldo de la deuda [Gua de la deuda, 1993] operacin de reduccin del saldo de la deuda

stockpiling

acumulacin de existencias de reservas

Stockroom [IMF]

almacn de material

stocks and flows

stocks y flujos [SCN] saldos y flujos tenencias y flujos

stock-to-use ratio

relacin existencias/uso

stop payment (of a check), to

bloquear (el pago de un cheque)

stop-filer [taxation]

contribuyente omiso

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1165

English stopgap measure palliative measure

Spanish medida de emergencia paliativo medida provisional

stop-go (policy) stop and go

poltica de avance intermitente alternancia rpida de medidas de expansin y contraccin

stop-loss rules

normas para limitar el dao

store of value

reserva de valor

stores and fuel [BPM5]

pertrechos y combustible

straddle

straddle

straight bond

bono ordinario

straight debt

deuda ordinaria

straight-line depreciation [accounting] linear depreciation

amortizacin por el mtodo de la lnea recta depreciacin lineal amortizacin constante amortizacin lineal amortizacin de cuotas fijas

Strategic Compact [IBRD]

Pacto Estratgico

Strategic Directions

orientaciones estratgicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1166

English Strategic Framework on Development and Climate Change DCCSF Development and Climate Change: A Strategic Framework for the World Bank Group Strategic Framework on Climate Change and Development SFCCD

Spanish Desarrollo y cambio climtico: Marco estratgico para el Grupo del Banco Mundial

Strategic Issues Division [RES/SI]

Divisin de Asuntos Estratgicos

Strategic Partnership with Africa [IBRD] SPA

Alianza Estratgica para frica

strategic risk

riesgo estratgico

Strategy and Planning Unit [MCM/AI SU] SU

Unidad de Estrategia y Planificacin

Strategy, Policy, and Review Department [IMF] SPR

Departamento de Estrategia, Polticas y Evaluacin Departamento de Estrategia, Polticas y Evaluacin

stratification

estratificacin

stream

corriente

streamline, to

agilizar simplificar racionalizar modernizar

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1167

English streamlined Article IV consultations

Spanish consultas del Artculo IV simplificadas

streamlining of conditionality

racionalizacin de la condicionalidad

streamlining of the public sector

racionalizacin del sector pblico

Streamlining Structural Conditionality in Fund-Supported Programs: Interim Guidance Note [IMF] Interim Guidance Note on Streamlining Structural Conditionality

Nota preliminar de orientacin: Racionalizacin de la condicionalidad estructural de los programas respaldados por el FMI Nota preliminar de orientacin para racionalizar la condicionalidad estructural

strengthened bilateral surveillance

supervisin bilateral reforzada

strengthened debt strategy [IMF]

estrategia reforzada ante la deuda

strengthening and/or transforming the Interim Committee

el fortalecimiento y/o la transformacin del Comit Provisional fortalecimiento y/o transformacin del Comit Provisional

strengthening of ownership

mayor identificacin de los pases con los programas

stress test scenario [bank supervision]

escenario con prueba de resistencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1168

English stress test [Debt Guide, 1993; FSIG] stress testing [FSAP]

Spanish prueba de esfuerzo [Gua de la deuda, 1993] prueba de tensin [GISF] prueba de estrs prueba de tensin (stress test) [WHD REO] prueba de resistencia

strict linear dependence

dependencia lineal estricta

strictly confidential [IMF information security]

estrictamente confidencial

strike

paro [Am. Lat.] huelga

stripped bond stripped security

bono desprovisto de cupn bono sin cupn ttulo desmantelado

stripping (of coupons from bonds)

corte de cupn

strong adjusters [IMF/WEO]

pases que aplicaron (un) ajuste(s) riguroso(s) pases con ajuste riguroso

strong axiom

axioma fuerte

strong law of large numbers

ley fuerte de los grandes nmeros

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1169

English structural adjustment credit [IBRD] SAC

Spanish crdito para ajuste estructural [BIRF]

Structural Adjustment Lending [IBRD] SAL

prstamo para ajuste estructural prstamo para fines de ajuste estructural

Structural Adjustment Loan [IBRD] SAL

prstamo para ajuste estructural

structural benchmark SB

parametro de referencia estructural

structural change

cambio estructural

structural change in output

cambio en la estructura de (la) produccin

structural conditionality

condicionalidad estructural

structural equation [econometrics]

ecuacin estructural

structural funds [EC]

fondos estructurales

Structural Impediments Initiative [USA; trade] SII

plan encaminado a superar los obstculos estructurales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1170

English structural model

Spanish modelo estructural

structural parameter

parmetro estructural

structural policy

reforma estructural poltica estructural

structural reforms

reformas estructurales

structural rigidity structural inflexibility

rigidez estructural inflexibilidad estructural

structural unemployment

desempleo estructural

structure space

espacio de estructuras

structured bond

bono estructurado

structured finance

productos de crdito estructurados

structured floating rate note

pagar estructurado con tasa de inters flotante

structured investment vehicle SIV

vehculo de inversin estructurada

structured note

pagar estructurado

Student table

mesa estudiantil tabla de Student

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1171

English Student's t-distribution t-distribution Student distribution

Spanish distribucin de Student ley de Student

Student's t-statistic [statistics] t-statistic t-ratio

estadstico t coeficiente de Student coeficiente t

Study Group on Deposit Insurance [FSF]

Grupo de Estudio sobre la Garanta de Depsitos

stunted growth

crecimiento frenado crecimiento retardado

stylized fact

hecho estilizado generalizacin

Subaccount for Japan Advanced Scholarship Program

Subcuenta para el Programa Japons de Becas de Estudios Superiores

Subcommittee on Statistical Activities [UN-ACC]

Subcomit de actividades estadsticas

subcomponent

subcomponente

subcontract

subcontrato

subject to charges

sujeto a comisiones

subject to repurchase

sujeto a recompra

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1172

English submission of bids

Spanish presentacin de ofertas

subnational government

gobierno subnacional niveles inferiores de gobierno

subordinated debt junior debt

deuda subordinada crdito de rango inferior

subordinated loan

prstamo subordinado

subprime mortgage crisis

crisis de las hipotecas de alto riesgo

subprime mortgage market nonprime mortgage market

mercado de prstamos hipotecarios de alto riesgo mercado de hipotecas de alto riesgo

subprime mortgage subprime loan

prstamo hipotecario de alto riesgo

subprime sector

sector de hipotecas de alto riesgo

Subregional Integration Agreement Andean Pact [Andean Group]

Acuerdo de Integracin Subregional Pacto Andino

Sub-Saharan Africa Regional Economic Outlook

Perspectivas econmicas regionales de frica

sub-Saharan Africa SSA

frica subsahariana frica al sur del Sahara

Sub-Saharan Africa: From Crisis to Sustainable Growth [IBRD]

frica al Sur del Sahara: de la crisis a un crecimiento viable [ttulo no oficial]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1173

English subsample

Spanish submuestra

subscribe to the standard [GDDS, SDDS]

acogerse a las normas adherirse a las normas

subscriber country [GDDS, SDDS]

pas adherente pas participante pas suscriptor

subscript

subndice

subscription to the standard [GDDS, SDDS]

adhesin a la norma suscripcin a la norma

subscriptions of members [IMF]

suscripciones de los pases miembros

subsection

apartado

subset [mathematics]

subconjunto

subsidiarity [EU]

subsidiariedad subsidiaridad

subsidiary coin, the issue of

emisin de moneda fraccionaria

subsidiary enterprise subsidiary incorporated branch subsidiary company

filial compaa subsidiaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1174

English subsidiary services to education

Spanish servicios auxiliares a la educacin

subsidization of post-conflict emergency assistance [IMF]

subvencin de la asistencia de emergencia a los pases en situacin de posconflicto

subsidized interest rate

tasa de inters subvencionada tasa de inters subsidiada

subsidy

subvencin subsidio

subsidy resources

recursos para subvenciones

subsistence income

ingreso de subsistencia ingreso mnimo vital

subsoil asset

activo del subsuelo

substandard asset subpar asset

activo de calidad inferior activo inferior

Substantial New Programme of Action for the 1980's for the Least Developed Countries [UN]

Nuevo Programa Sustancial de Accin para el decenio de 1980 en favor de los pases menos adelantados

substitute for x [equations]

remplazar la x por ...

substitute good substitute competitive good

bien sustitutivo sucedneo sustituto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1175

English substitution

Spanish sustitucin

substitution account

cuenta de sustitucin

substitution bias

sesgo de sustitucin sesgo por sustitucin

substitution effect

efecto de sustitucin

substitution of securities for currency [IMF]

sustitucin de monedas por valores

substitution threshold price [international commodity agreements]

precio umbral de sustitucin

subsystem

subsistema

successful bidder successful tenderer

adjudicatario

successor financial arrangement

nuevo acuerdo financiero

successor state [IMF membership]

pas que sucede como miembro sucesor(, pas)

sudden stop of capital flows sudden stop SS sudden stop crises

interrupcin repentina de flujos externos frenada brusca de la afluencia de capitales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1176

English sufficient estimator

Spanish estimador exhaustivo estimador suficiente

sufficient statistic

estadstico suficiente resumen exhaustivo estadgrafo suficiente

Suming-up Room [IMF-SEC]

Sala de Redaccin de Actas

summary accounting

contabilidad sinttica

summary proceedings summary record

acta resumida

summary statement [IMF, operations and transactions]

estado resumido

summary table [GFSY]

cuadro sinttico

summation

sumacin

summation sign

sumatorio

Summit Conference of Non-Aligned Countries

Conferencia en la Cumbre de los Pases no Alineados

Summit Level Group for South-South Consultations and Cooperation Group of Fifteen Group of 15

Grupo Cumbre de Consulta y Cooperacin Sur-Sur Grupo de los Quince G-15

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1177

English Summit of South American - Arab Countries Braslia Declaration

Spanish Cumbre Amrica del Sur - Pases rabes Declaracin de Brasilia

sum-of-the-years'-digits [accounting] SOYD

mtodo de amortizacin decreciente

sundry cash accounts [BL]

cuentas diversas de caja

sunk cost sunken cost

costo hundido costo irrecuperable

sunset clause

clusula de caducidad automtica

sunset legislation [USA] sunset act

ley de caducidad automtica ley con disposicin de extincin automtica

sunset review

examen por causa de extincin examen por extincin

Super 301 Clause [USA; Structural Impediments Initiative]

clusula super 301

super gold tranche [AA]

supertramo de oro

superlative index

ndice superlativo

superscript

ndice superior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1178

English Supervisor [IMF]

Spanish Supervisor

Supervisory Capital Assessment Program [USA] SCAP

Programa de evaluacin del capital de los bancos programa SCAP

supervisory data source [MPI]

fuente de los datos de supervisin

supervisory practice and regulation

normas y prcticas de supervisin

supplement existing reserve assets, long term global need to [AA]

complementar los activos de reserva existentes, necesidad global a largo plazo de

supplement reserves, need to [IMF]

necesidad de complementar las reservas

Supplemental Reserve Facility [IMF] SRF

Servicio de Complementacin de Reservas SCR

Supplemental Retirement Benefit Plan [IMF] SRBP

Plan de Jubilacin Suplementario PJS

supplementary budget supplementary appropriation

presupuesto complementario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1179

English Supplementary Financing Facility Subsidy Account [IMF] SFF Subsidy Account [IMF]

Spanish Cuenta de Subvencin del Servicio de Financiamiento Suplementario

Supplementary Financing Facility [IMF] SFF

Servicio de Financiamiento Suplementario SFS

supplementary financing instrument SFI

instrumento de financiamiento suplementario

supplementary information supplementary statement

estado suplementario informacin complementaria informacin suplementaria

supplementary item

partida suplementaria

Supplementary Special Deposit Scheme The Corset

rgimen complementario especial sobre los depsitos el corse [GBR]

supplementary table

cuadro complementario

supplemented with enterprise surveys

complementada con encuestas empresariales

supplier industry upstream industry

industria abastecedora

supplier [economics]

proveedor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1180

English supplier's credit [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

Spanish crdito de proveedores [Gua de la deuda, 1993]

supplies and equipment [BPM5]

suministros y equipo [MBP5]

supply and use table

cuadro de oferta y utilizacin

supply and use [SNA93]

oferta y utilizacin [SCN93]

supply bottleneck

estrangulamiento de la oferta estrangulamiento en el suministro

supply curve

curva de oferta

supply schedule

tabla de oferta

supply [SNA93]

oferta [SCN93] abastecimiento aprovisionamiento

supply-chain disruptions

trastornos de la cadena de suministro

supply-side economics

ofertismo economa de oferta doctrina macroeconmica basada en la oferta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1181

English supply-side policy

Spanish poltica de incentivos a la oferta poltica de oferta poltica de estmulo a la oferta

supply-sider

partidario de la economa de oferta ofertista

Support Group Secretarial Staff SSG Secretarial Support Group SSG

Grupo Auxiliar de Servicios de Secretara

support group [debt, arrears]

grupo de apoyo

support intervention [exchange market]

intervencin de apoyo

support price

precio garantizado precio sostn precio de apoyo precio de subvencin

support ratio

tasa de sustento razn poblacin activa/poblacin inactiva tasa de dependencia inversa

support remittance

remesa de manutencin

support services [IMF]

servicios de apoyo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1182

English support staff [IMF]

Spanish personal auxiliar personal de apoyo

supporting document

comprobante documentacin probatoria documentacin justificativa

supporting policies

polticas complementarias, de apoyo medidas complementarias, de apoyo

supporting table

cuadro bsico, detallado, explicativo

suppressed inflation repressed inflation

inflacin reprimida inflacin contenida inflacin latente

supranational authorities and institutions [GMBS]

autoridades e instituciones supranacionales

supranational authorities [GFS 1986]

autoridades supranacionales

supreme audit institutions

SAIs

surcharge

recargo sobretasa (IMF facilities)

surcharge to the basic rate of charge [IMF]

sobretasa adicional a la tasa de cargos bsica

surging capital inflow

afluencia (masiva) de capital

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1183

English surplus country

Spanish pas con supervit pas superavitario

surplus value

plusvala

surplus [accounting]

supervit excedente

surrender of foreign exchange

liquidacin de divisas cesin de divisas entrega de divisas

surtax

sobretasa

surveillance

supervisin

surveillance (ongoing)

supervisin (continua)

surveillance agenda SA

agenda de supervisin

Surveillance and Review Division [MCM/SR]

Divisin de Supervisin y Evaluacin

Surveillance Body [Uruguay Round]

Organo de Vigilancia

Surveillance Committee [IMF, Executive Board]

Comisin de Supervisin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1184

English Surveillance document [IMF document series; SUR/...] SUR

Spanish documento SUR documento de la serie SUR

Surveillance Operations Division [SPR/SV]

Divisin de Operaciones de Supervisin

surveillance over exchange arrangements [IMF]

supervisin de los regmenes de cambios

Surveillance Policy Division SPD

Divisin de Poltica de Supervisin

Surveillance Review Division [SPR/SW]

Divisin de Examen de la Supervisin

survey form questionnaire

cuestionario

Survey of Geographical Distribution of Securities held by International Organizations SSIO

Encuesta sobre la distribucin geogrfica de valores que mantienen organismos internacionales EVOI

Survey of Implementation of Methodological Standards for Direct Investment SIMSDI

Encuesta sobre la aplicatin de normas metodolgicas para la inversin directa EANMID

Survey of the Geographical Distribution of Securities Held as Foreign Exchange Reserves SEFER Survey

Encuesta sobre la distribucin geogrfica de valores que se mantienen como reservas de divisas EVARD

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1185

English survey on capital markets [IMF]

Spanish panorama de los mercados de capital

surveying

topografa

suspend provisions, to

suspender la aplicacin de disposiciones

suspense account transit account clearing account

cuenta suspensiva cuenta de suspensin cuenta transitoria cuenta provisoria

suspension of interest posting

suspensin de la contabilizacin de los intereses

suspicious activity report [USA] SAR suspicious transaction report [GBR] STR

reporte de operaciones sospechosas ROS informe sobre operaciones sospechosas

sustainability

sostenibilidad viabilidad sustentabilidad

sustainable debt

deuda sustentable deuda sostenible deuda viable

sustainable development

desarrollo sostenible desarrollo viable desarrollo sustentable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1186

English Sustainable Development and Poverty Reduction Program SDPRP

Spanish Programa de Desarrollo Sostenible y Lucha contra la Pobreza

sustainable growth

crecimiento sostenible crecimiento viable crecimiento sustentable

sustained capital outflow

salida continua de capital

sustained growth

crecimiento duradero crecimiento sostenido

swap arrangement swap

permuta permuta financiera operacin de pase pase operacin de canje [MEFP] swap acuerdo de swap swap canje

swap line temporary reciprocal currency arrangement

lnea de crdito recproco

swaption swap option

opcin sobre un swap

sweep account

cuenta sweep

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1187

English swine flu swine influenza H1N1 Flu influenza A (H1N1) Novel influenza A (H1N1) swine influenza A/H1N1

Spanish gripe porcina gripe por A(H1N1)

swing credit

crdito recproco al descubierto lnea de crdito a muy corto plazo

Swiss National Bank [Switzerland]

Banco Nacional de Suiza

switch operation

acuerdo bilateral

switch transaction [exchange market]

transaccin de arbitraje

SWOT analysis strengths, weaknesses, opportunities, and threats

anlisis FODA anlisis de fortalezas, oportunidades, debilidades y amenazas

symmetrical action [AA]

medidas simtricas

syndicate consortium pool

consorcio bancario consorcio de bancos

syndicated loan syndicated credit

prstamo sindicado prstamo de un consorcio bancario prstamo suscrito por un consorcio bancario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1188

English syndication [ICM]

Spanish constitucin de un consorcio bancario

synthetic collateralized debt obligation synthetic CDO

obligacin sinttica garantizada con deudas

synthetic instrument

instrumento sinttico

system of accounting and internal control

sistema de contabilidad y control interno

System of Balances of the National Economy [BPM5] System of Material Product Balances [BPM5] MPS

Sistema de Balances de la Economa Nacional [MBP5] Sistema de Balances del Producto Material [MBP5] SPM

System of National Accounts 1993 [UN] SNA 1993

Sistema de Cuentas Nacionales 1993 SCN 1993

System of National Accounts [BPM5; SNA93] SNA

sistema de cuentas nacionales [SCN93] SCN

systematic risk [financial sector] market risk undiversifiable risk beta risk

riesgo sistemtico riesgo de mercado riesgo no diversificable

Systemic and Interstate Issues Unit

Unidad de Cuestiones Sistmicas e Interestatales

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1189

English Systemic Banking Issues Division

Spanish Divisin de Cuestiones Sistmicas del Sector Bancario

Systemic Issues and Crisis Resolution Division [MCM/SI]

Divisin de Cuestiones Sistmicas y Resolucin de Crisis

systemic risk regulator

rgano regulador del riesgo sistmico

systemic risk [securities settlement systems]

riesgo sistmico

Systemic Transformation Facility [IMF] STF

Servicio para la Transformacin Sistmica STS

systemically important advanced countries

pases avanzados de importancia sistmica

systemically important country

pas de importancia sistmica

systemically important financial institutions SIFI

instituciones financieras de importancia sistmica

systemically important institution

institucin de importancia sistmica

Systems Development Division

Divisin de Desarrollo de Sistemas

Systems Production Division

Divisin de Explotacin de Sistemas

TA Area Chief [IMF] Technical Assistance Area Chief

Jefe de rea

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1190

English table top exercise desk top exercise

Spanish simulacin ejercicio de simulacin

tabulation

tabulacin presentacin en forma de tabla presentacin en forma de cuadro

TAC Technical Assistance Committee

Comit de Asistencia Tcnica CAT

t-account

cuenta T

Taif Agreement for National Reconciliation [Lebanon]

Acuerdo de Taif para la Reconciliacin Nacional

tail event

variaciones extremas evento extremo

tail risk

riesgo de variaciones extremas riesgo de cola riesgo extremo [WHD REO]

tailwinds

impulso favorable vientos de cola

TAIMS Technical Assistance Information Management System

Sistema de Gestin de la Informacin sobre Asistencia Tcnica

tainted asset

activo txico activo contaminado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1191

English take to court, to

Spanish presentar una demanda recurrir a la justicia

takeoff [economics]

reactivacin impulso despegue arranque

take-or-pay contract

contrato firme de compra (sin derecho de rescisin)

takeover [enterprises]

toma de control adquisicin absorcin [MBP5]

tangible common equity TCE tangible equity capital

capital en acciones ordinarias

tangible fixed assets

activos fijos tangibles

tangible nonproduced asset

activo tangible no producido

Tankan Survey

encuesta Tankan

tap issue [government securities]

emisin continua

target group

grupo beneficiario grupo escogido como meta grupo meta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1192

English target language

Spanish idioma meta, de destino

target range

banda meta banda fijada como meta

target variable

variable objetivo variable meta

target zone [exchange rates]

zona meta banda cambiaria zona de referencia

targeted redundancies

cancelacin selectiva de cargos

targeting

focalizacin orientacin fijacin de metas

tariff barrier

barrera arancelaria obstculo arancelario

tariff binding [trade] binding

consolidacin arancelaria consolidacin

tariff escalation

progresividad arancelaria escalada de los aranceles progresin arancelaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1193

English tariff heading [BTN] tariff item [BTN, SITC]

Spanish partida arancelaria

tariff peak [GATT] peak [BPM5]

cresta mximo arancelario [MBP5] cresta arancelaria

tariff preference

preferencias arancelarias

tariff rate quota system [trade]

sistema de cuotas arancelarias

tariff reduction

reduccin de aranceles

tariff schedule

arancel de aduanas

task force

grupo de estudio grupo de trabajo

Task Force for Palestinian Reforms Task Force on Palestinian Reform

Grupo de Trabajo para las Reformas Palestinas

Task Force on Anti-Money Laundering and the Financing of Terrorism [IMF]

Grupo de trabajo del FMI sobre la lucha contra el lavado de dinero y el financiamiento del terrorismo

Task Force on Concessional Flows [Development Committee]

Grupo de Estudio sobre Corrientes de Fondos en Condiciones Concesionarias

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1194

English Task Force on Coordinated Portfolio Investment Survey [IMF-STA]

Spanish Grupo de Trabajo del FMI para la Realizacin de una Encuesta Coordinada sobre la Inversin de Cartera

Task Force on External Debt and Reserves [IMF]

Grupo de estudio del FMI sobre la deuda externa y las reservas internacionales

Task Force on Finance Statistcs TFFS Inter-Agency Task Force on Finance Statistics [UN]

Grupo de tareas interinstitucional sobre estadsticas financieras GTIEF

Task Force on Finance Statistics [UN]

Grupo de Tarea sobre Estadsticas Financieras

Task Force on Implementation of Standards [FSF]

Grupo de Trabajo sobre la Aplicacin de las Normas

Task Force on Multilateral Development Banks [Development Committee]

Grupo de estudio sobre los bancos multilaterales de desarrollo

Task Force on Nonconcessional Flows [Development Committee]

Grupo de Estudio sobre Corrientes de Fondos en Condiciones no Concesionarias

Task Force on Statistics of International Trade in Services [UN]

equipo de tareas en estadsticas del comercio internacional de servicios

Task Force on the Harmonization of Public Sector Accounting TFHPSA

Grupo de Trabajo para la Armonizacin de las Prcticas Contables del Sector Pblico

Task Force on the Reform of the International Monetary and Financial System [Group of 24]

Grupo de Trabajo sobre la Reforma del Sistema Monetario y Financiero Internacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1195

English tax

Spanish impuesto

tax abatement

rebaja de impuestos

Tax Administration Division

Divisin de Administracin Tributaria

tax administration [agency] tax bureau

administracin de impuestos administracin tributaria administracin impositiva

tax allowance application form [IMF-ADM]

formulario de solicitud de subsidio por concepto de impuestos

tax amnesty

amnista fiscal

tax and social security ratio

coeficiente de impuestos y cotizaciones al seguro social con respecto al PIB

tax arbitrage

arbitraje de impuestos arbitraje tributario

tax arrears

impuestos en mora impuestos morosos

tax assessment [GFSM] assessment

determinacin de la base imponible clculo del impuesto tasacin base imponible

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1196

English tax audit

Spanish auditora impositiva auditora fiscal inspeccin tributaria inspeccin de hacienda

tax avoidance

elusin fiscal evasin no ilegal de impuestos evasin de impuestos

tax base

base imponible base impositiva base tributaria

tax betterment levy betterment levy

impuesto sobre la plusvala impuesto de valorizacin contribucin por mejoras

tax bracket

tramo (de la escala impositiva) categora tributaria

tax buoyancy buoyancy of a tax system buoyancy of tax revenue

capacidad de reaccin de un sistema tributario elasticidad tributaria global elasticidad global de un sistema tributario flexibilidad tributaria

tax burden

presin fiscal carga fiscal carga impositiva carga tributaria

tax burden distribution

distribucin de la carga fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1197

English tax clearing certificate tax clearance

Spanish certificado de pago de impuestos

tax collection

recaudacin de impuestos

tax concession tax benefit

ventaja tributaria

Tax Coordination Division

Divisin de Coordinacin Tributaria

tax credit [GFSM] credit against (a) tax

crdito tributario [MEFP] descuento impositivo

tax cut

reduccin de impuestos

tax declaration

declaraciones tributarias

tax deductible

deducible a efectos tributarios deducible de impuestos

tax deduction

deduccin impositiva

tax deferral

aplazamiento del pago de los impuestos

tax delinquency

mora en el pago de impuestos

tax elasticity

elasticidad tributaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1198

English tax enforcement enforced collection

Spanish ejecucin de las leyes tributarias aplicacin de las leyes tributarias prevencin de la evasin tributaria recaudacin coercitiva de impuestos [a veces]

tax equity tax fairness

equidad tributaria

tax equivalency allowance

asignacin por familiares a cargo

tax evasion

evasin fiscal evasin ilegal de impuestos

tax exemption

exencin tributaria

tax expenditure

ingreso fiscal sacrificado ingreso fiscal no percibido gasto tributario gasto fiscal

tax expert

experto en temas tributarios fiscalista

tax handle

asidero tributario asidero fiscal

tax haven

paraso tributario paraso fiscal

tax holiday

exoneracin temporal de impuestos tregua tributaria

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1199

English tax incentive

Spanish incentivo tributario incentivo fiscal estmulo tributario

tax incidence incidence of taxation

incidencia del impuesto incidencia impositiva incidencia tributaria

tax indexation

indizacin del impuesto [Esp.] indexacin del impuesto [Am.Lat.]

Tax Information Systems Officer [IMF-FAD]

Oficial de Sistemas de Informacin Tributaria

tax inspection

inspeccin fiscal inspeccin tributaria

tax law

legislacin tributaria legislacin fiscal ley impositiva

tax liability [GFS 1986]

deuda tributaria

tax lien

embargo fiscal

tax loophole

laguna tributaria escapatoria fiscal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1200

English tax loss carryback carryback loss carryback

Spanish imputacin a un ejercicio anterior traslado a un ejercicio anterior traslado de prdidas al ejercicio anterior retrotraer prdidas prdida traspasada al ejercicio anterior

tax payment

pago de impuestos

tax policy

poltica tributaria

Tax Policy Division [FAD/TP]

Divisin de Poltica Tributaria

tax power tax authority

potestad tributaria

tax rate

alcuota del impuesto [ARG] tipo fiscal [ESP] tasa impositiva tasa del impuesto

tax ratio

presin fiscal presin tributaria presin impositiva coeficiente tributario

tax rebate tax offset offset

descuento tributario devolucin de impuestos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1201

English tax reform

Spanish reforma impositiva reforma tributaria

tax refund [GFS 1986]

reintegro de impuestos devolucin de impuestos

tax relief tax break

exoneracin fiscal desgravacin reduccin impositiva

tax return

declaracin de impuestos declaracin de renta

tax revenue forecast

pronstico de la recaudacin tributaria

tax revenue [GFSM; GFSY] tax receipts tax yield

recaudacin impositiva producto recaudacion ingreso tributario [MEFP] ingresos tributarios [GFSY] ingresos impositivos recaudacin tributaria

tax sharing reassignment of taxes

coparticipacin de impuestos

tax shelter

refugio tributario

tax smoothing

suavizacin de los impuestos nivelacin de los impuestos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1202

English tax sparing credit tax sparing

Spanish descuento por impuesto exonerado ahorro de impuesto por exenciones crdito por impuesto no pagado

tax war tax competition

competencia tributaria guerra impositiva

tax wedge fiscal wedge

cua fiscal cua tributaria discrepancia impositiva

tax withholding withholding at source

retencin en la fuente retencin en el origen

tax year [taxation] taxable year base year fiscal year FY

ejercicio fiscal ao base ao gravable

taxable capacity ability to pay

capacidad contributiva capacidad tributaria

taxable event

hecho imponible

taxable income

ingreso imponible renta imponible renta gravable

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1203

English taxation

Spanish tributacin impuestos sistema tributario fiscalidad [ESP]

tax-based income policy tax-based incomes policy TIP

poltica de ingresos basada en los impuestos poltica de ingresos basada en la tributacin

taxes and duties on imports excluding VAT

impuestos y derechos sobre las importaciones excluido IVA

taxes on corporate net wealth [GFS 1986]

impuestos sobre el patrimonio neto de las sociedades de capital

taxes on goods and services [GFS 1986; GFSM]

impuestos sobre los bienes y servicios [MEFP] impuestos sobre bienes y servicios [MEFP]

taxes on imports excluding VAT

impuestos sobre las importaciones excluido el IVA

taxes on income, profits, and capital gains [GFSM; GFSY]

impuestos sobre el ingreso, las utilidades y las ganancias de capital [MEFP] impuestos sobre la renta, las utilidades y las ganancias de capital [MEFP]

taxes on payroll or workforce

impuestos sobre la nmina y la fuerza de trabajo impuestos sobre la nmina o la fuerza de trabajo

taxes on personal net wealth [GFS 1986]

impuestos sobre el patrimonio neto de las personas fsicas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1204

English taxes on use of goods and on permission to use goods or perform activities

Spanish impuestos sobre el uso de bienes o sobre las licencias para utilizar bienes o realizar actividades impuestos sobre el uso de bienes y sobre el permiso para usar bienes o realizar actividades

taxpayer compliance tax compliance

cumplimiento tributario

taxpayer identification number TIN tax identification number single tax identification number

NIF nmero de identificacin tributaria NIT cdigo de identificacin fiscal nmero de identificacin fiscal

taxpayer [SNA93]

contribuyente [SCN93]

Taxpayers' Ombudsman

Defensor del Contribuyente

tax-to-base elasticity

elasticidad del impuesto con respeto a la base

TCAP

plan de accin para la cooperacin tcnica plan de cooperacin tcnica

technical advisor, long-term

asesor tcnico en misin de larga duracin asesor tcnico en misin de largo plazo

Technical Assistance Advisor [IMF] TA Advisor

Asesor en Asuntos de Asistencia Tcnica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1205

English Technical Assistance and Law Reform Group [IMF-LEG] TALR

Spanish Grupo de Asistencia Tcnica y Reforma Legislativa

Technical Assistance and Seminars Unit

Unidad de Asistencia Tcnica y Seminarios

Technical Assistance Center for Central America, Panama, and the Dominican Republic CAPTAC-DR

CAPTAC-RD Centro Regional de Asistencia Tcnica para Centroamrica, Panam y la Repblica Dominicana CAPTAC-DR

Technical Assistance Country Strategy Note TACSN

nota sobre la estrategia de asistencia tcnica a un pas

Technical Assistance Division

Divisin de Asistencia Tcnica

technical assistance facility [IBRD]

fondo para la asistencia tcnica

Technical Assistance for Commonwealth of Independent States [EC] TACIS program

Asistencia Tcnica a la Comunidad de Estados Independientes [CE] Programa TACIS

Technical Assistance Loan [IBRD]

prstamo para asistencia tcnica

Technical Assistance Officer [IMF]

Oficial de Asistencia Tcnica

Technical Assistance Officer, Senior [IMF-OMD]

Oficial Principal de Asistencia Tcnica

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1206

English Technical Assistance Review Committee [IMF-FAD] TARC

Spanish Comit de Examen de la Asistencia Tcnica

Technical Assistance Secretariat [OMD/OBP/TS] TAS

Secretara de Asistencia Tcnica

Technical Assistance Unit TAU

Unidad de Asistencia Tcnica

Technical Assistance Wing TAW

rea de Asistencia Tcnica

technical assistance [BPM5] TA

asistencia tcnica

technical assistant

asistente tcnico

technical consultations TC

consultas tcnicas

Technical Cooperation among Developing Countries [UN] TCDC

Cooperacin Tcnica entre Pases en Desarrollo CTPD

technical defect [GA]

defecto de forma vicio de forma

Technical Documentation, Reference and Terminology Section

Seccin de Documentacin Tcnica, Referencias y Terminologa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1207

English technical expert, long-term

Spanish experto en misin tcnica de largo plazo experto en misin tcnica de larga duracin

Technical Group [G-24]

Grupo Tcnico

Technical Memorandum of Understanding [IMF] TMU technical memorandum

Memorando Tcnico de Entendimiento Memorando Tcnico

technical reserves

reservas tcnicas

Technical Subgroup on the Movement of Natural Persons Mode 4 [United Nations]

Subgrupo Tcnico sobre la circulacin de personas fsicas - Modo 4

technological gap

desfase tecnolgico desequilibrio tecnolgico

Technology and General Services Department [IMF] TGS

Departamento de Tecnologa y Servicios Generales

Technology Infrastructure Division

Divisin de Infraestructura Tecnolgica

Technology Operations Division

Divisin de Operaciones Tecnolgicas

Technology Planning and Resource Management Division

Divisin de Planificacin Tecnolgica y Gestin de Recursos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1208

English technology transfer transfer of technology

Spanish transferencia de tecnologa

TED spread

diferencial bono del Tesoro-eurodlar diferencial TED

Telecommunications Assistant [IMF-SEC]

Auxiliar de Telecomunicaciones

telecommunications operator

operador de telecomunicaciones

Telecommunications Services Unit

Unidad de Servicios de Telecomunicaciones

teller [elections]

escrutador

temporary admission [customs]

admisin temporal

Temporary Assignment Program [IMF] TAP

Programa de Adscripcin Temporal

temporary employment temporary occupation

empleo temporal trabajo temporario

tenant renter

arrendatario inquilino

tender offer takeover bid

oferta pblica de adquisicin opa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1209

English tender rate [UK treasury bills]

Spanish tasa de adjudicacin

tenor

plazo duracin

term credit term loan

crdito a mediano o largo plazo

term deposit

depsito a plazo

term of maturity maturity life term

vencimiento plazo de vencimiento plazo trmino

term premium

prima por inversin a largo plazo

term sheet

hoja de plazos y condiciones hoja de condiciones

terminal (unit) [IT]

terminal

terminating participant [AA]

participante que da por terminada su participacin

termination grant

subsidio de cesanta prima de cesanta

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1210

English termination of a par value [AA]

Spanish supresin de una paridad

termination of participation [IMF]

terminacin de la participacin

termination of personnel

despido de personal

termination prior to liquidation [AA-II]

cierre antes de la disolucin

termination [IMF accounts]

clausura

terms and conditions [GFSM]

condiciones trminos y condiciones [MEFP] pliego de condiciones [licitacin]

terms of a credit

condiciones de un crdito

terms of reference TOR

funciones trminos de referencia mandato objeto de la misin instrucciones atribuciones

terms of trade

trminos de intercambio relacin de intercambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1211

English terms [debt restructuring]

Spanish condiciones

terms-of-reference rescheduling [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

reprogramacin de los trminos de referencia [Gua de la deuda, 1993]

territorial authorities

autoridades territoriales

Tesobono [MEX]

Tesobono

test (models)

verificar contrastar probar

test date [IMF]

fecha de evaluacin

test number [cables]

nmero clave clave nmero

test of commensurability commensurability test invariance to changes in the units of measurement test

prueba de conmensurabilidad

test statistic

estadstico de prueba estadgrafo de prueba estadgrafo de verificacin

tested cable

cable cifrado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1212

English testing

Spanish contraste [ESP] prueba verificacin [ESP]

Text Processing Assistant [TGS/L]

Auxiliar de Procesamiento de Textos

Text Processor/Proofreading Assistant [TGS/L]

Auxiliar de Procesamiento de Textos y Correccin de Pruebas

The Commonwealth

el Commonwealth

The dismal science

la ciencia maldita la ciencia funesta

The Kok report

informe Kok

the Library Network thelibrarynetwork

Red Informtica de la Biblioteca Library Network

The Los Cabos Accountability Assessment Framework

acuerdo marco de Los Cabos sobre rendicin de cuentas

thematic group [IBRD]

grupo temtico

thematic team [IBRD]

equipo temtico grupo de expertos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1213

English thematic vice presidency [IBRD] central vice presidency

Spanish vicepresidencia temtica vice-presidencia central

theoretical distribution

distribucin terica

theoretical regression

regresin terica

thin market narrow market inactive market slack market

mercado estrecho mercado poco activo mercado de poco movimiento mercado limitado mercado restringido

thin trading low volume

escaso volumen de operaciones

think tank

centro de investigacin, de estudios

third country

tercer pas

third crop third harvest

apante [Nicaragua] trnashumancia

third currency

tercera moneda moneda de un tercer pas

third party

tercero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1214

English Third Way [IBRD]

Spanish tercera via

Third Window [IBRD]

Tercera Ventanilla

three-stage least squares

mnimos cuadrados en tres etapas

three-year arrangement [ESAF, PRGF]

acuerdo trienal

threshold effect

efecto umbral

threshold [HIPC]

umbral

thrift institution thrift

institucin de ahorro

through-the-cycle rating TTC

calificacin TTC

tied aid

ayuda condicionada ayuda vinculada

tied-aid loans [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

prstamos de ayuda condicionada [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1215

English tier 1 capital capital tier one core capital primary capital [EU; banking]

Spanish capital de nivel 1 capital bsico capital primario capital de base

tier 2 capital capital tier two supplementary capital secondary capital [EU]

capital de nivel 2 capital suplementario

tiered response

respuesta graduada

tight credit policy

poltica crediticia restrictiva poltica de restriccin del crdito

tight labor market

escasez de oferta de mano de obra tensin en el mercado laboral

tight market

estrechez de los mercados [WHD REO]

tight money

dinero caro escasez de crdito

tightening of policy hardening of policy

endurecimiento de una poltica intensificacin de la poltica restrictiva imposicin de una poltica ms restrictiva

time bank

banco de tiempo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1216

English time charter

Spanish fletamento por tiempo determinado

time consistency time consistency problem

consistencia temporal problema de consistencia temporal

time deposit fixed-term deposit certificate of deposit [FSIG; GMBS] CD

CD depsito a plazo depsito a plazo fijo depsito a trmino fijo [COL] DTF certificado de depsito

time horizon horizon

perspectiva cronolgica perspectiva temporal plazo cronolgico plazo temporal horizonte cronolgico horizonte temporal marco cronolgico marco temporal

time inconsistency

inconsistencia temporal

time lag lag

retraso desfase retardo plazo de adaptacin

time of recording timing of recording

momento de registro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1217

English time path

Spanish trayectoria en el tiempo

time preference

preferencia cronolgica preferencia temporal

time regression

regresin temporal

time sensitive

que pierde utilidad con el tiempo

time series

serie de tiempo serie cronolgica serie temporal

time series analysis

anlisis de series cronolgicas anlisis de series temporales

time sharing

tiempo compartido

time t

momento t

time-based repurchase expectations [IMF]

expectativa de recompra en un plazo establecido

timeliness (of data) [IMF-EBB]

puntualidad (en la divulgacin de los datos) oportunidad

timing

puntualidad calendario momento de registro

timing adjustment

ajuste del momento de registro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1218

English timing of debt relief [HIPC]

Spanish momento en que se proporciona el alivio de la deuda

timing-based crisis-lending facility [IMF] timing-based lending facility timing-based crisis prevention facility timing based facility

servicio financiero secuencial

Tobin tax currency transactions tax CTT

impuesto Tobin

Tobit model

modelo de Tobit

Tokyo Conference on African Development [UN]

Conferencia sobre el Desarrollo de Africa

Tokyo Declaration [GATT]

Declaracin de Tokio

Tokyo International Forum

Foro International de Tokio

Tokyo Round (of Multilateral Trade Negotiations) [GATT]

Ronda de Tokio

tolerance limits

lmites de tolerancia

toll processing custom processing contract processing

operaciones de transformacin a maquila

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1219

English tombstone

Spanish anuncio de emisin efectuada esquela

too big to fail [criterion, bank] TBTF

demasiado grande para quebrar

too-connected-to-fail

institucin demasiado conectada para quebrar

Topical Trust Fund on Managing Natural Resource Wealth MNRW-TTF Managing Natural Resource Wealth MNRW

Fondo Fiduciario Especfico para la Gestin de los Recursos Naturales

Topical Trust Fund on Tax Policy and Administration TPA-TTF Tax Policy and Administration TPA

Fondo Fiduciario Especfico para Poltica y Administracin Tributaria

topical trust fund TTF

fondo fiduciario para fines especficos

topping up [Paris Club]

complemento de concesionalidad aporte de fondos complementarios

topping-up assistance

asistencia complementaria complemento de la asistencia

Toronto terms Toronto treatment

condiciones de Toronto [Gua de la deuda, 1993]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1220

English total expenditure

Spanish erogaciones totales gasto total

total expenditure and lending minus repayments [GFSY]

gasto total y concesin de prstamos menos recuperaciones

total expense total outlays

gastos totales erogaciones totales

total factor productivity TFP

productividad total de los factores PTF

total grants received in cash and in kind [GFSY]

subvenciones totales recibidas en efectivo y en especie donaciones totales recibidas en efectivo y en especie [GFSY]

total return swap [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

swap de rendimientos totales [Gua de la deuda, 1993]

total revenue and grants [GFSY]

ingreso total y donaciones

total revenue total income

ingreso total

total variance

varianza total

tourism satellite account TSA

cuenta satlite de turismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1221

English to-whom from-whom table

Spanish cuadro de quin a quin

Townhall Meeting

reunin de debate abierto

township-village enterprises [CHN] TVE

comunidades empresariales rurales

toxic assets

activos txicos

track record, to establish a positive [IMF overdue financial obligations; HIPC Initiative] proven record, to establish a

establecer un historial positivo establecer una trayectoria positiva demostrar un buen historial

traction

traccin influencia y eficacia

traction of IMF Surveillance

eficacia de la supervisin del FMI influencia de la supervisin que ejerce el FMI

tradable goods tradables

bienes transables bienes comerciables bienes comercializables

trade advances

anticipos comerciales

Trade and Development Board [UNCTAD] TDB

Junta de Comercio y Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1222

English Trade and Environment Committee [WTO]

Spanish Comit de Comercio y Medio Ambiente [WTO]

Trade and Financial Relations with Third World Countries Section [UN - ECA]

Seccin de Relaciones Comerciales y Financieras con los Pases del Tercer Mundo

trade arrears

atrasos comerciales

trade barrier trade impediment

barrera comercial obstculo al comercio

trade creation

creacin de comercio creacin de corrientes comerciales

trade credit trade financing commercial credit trade loan

crdito comercial financiamiento del comercio exterior

trade credits and advances

crditos comerciales y anticipos crditos y anticipos comerciales

trade currency

moneda utilizada en el intercambio

trade deepening

profundizacin del comercio exterior intensificacin del comercio

trade deficit trade gap

dficit comercial dficit de la balanza comercial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1223

English trade diversion

Spanish desviacin del comercio desviacin de corrientes comerciales

Trade Integration Mechanism TIM

Mecanismo de Integracin Comercial MIC

trade liberalization

liberalizacin del comercio exterior

trade margin

margen de comercio margen comercial

Trade Negotiations Committee of Developing Countries [UNCTAD]

Comit de Negociaciones Comerciales de los Pases en Desarrollo

Trade Negotiations Committee [GATT] TNC

Comit de Negociaciones Comerciales CNC

Trade Policy Coordinating Committee [CAREC] TPCC

Comisin Coordinadora de la Poltica de Comercio Exterior

Trade Policy Division [SPR/TR]

Divisin de Poltica Comercial

Trade Policy Information Database [IMF]

base de datos de poltica comercial

trade policy review mechanism [GATT] TPRM

mecanismo de examen de las polticas comerciales MEPC

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1224

English trade promotion authority [USA] fast track authority [USA]

Spanish poder de negociacin por la va rpida

trade remedy measures trade remedies

medidas comerciales correctivas medidas comerciales

trade restriction trade restrictive practice

restriccin comercial prctica comercial restrictiva

trade restrictiveness index TRI

ndice de restriccin del comercio IRC

trade return [BPM5]

estadstica del comercio exterior [MBP5]

trade sanction

sancin comercial

trade statistics trade figures

estadsticas del comercio exterior

trade taxes

impuestos sobre el comercio exterior

Trade Union Advisory Committee [OECD] TUAC

Comisin Sindical Consultiva TUAC

traded good

bien comerciable bien comerciado bien que es objeto de intercambio bien transado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1225

English trade-for-trade settlement [securities settlement systems] gross settlement

Spanish liquidacin bruta

trademark

marca registrada

trade-off

solucin de compromiso (entre ...) relacin de correspondencia relacin de sustitucin eleccin entre opciones relacin inversa relacin de compensacin compensacin (de ventajas y desventajas) disyuntiva

trade-related aspects of intellectual property rights [WTO] TRIPs

aspectos de los derechos de propiedad intelectual relacionados con el comercio TRIPs

trade-related bill [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

efecto relacionado con el comercio exterior

trade-related credit [BPM6 Annoted Outline; Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

crdito relacionado con el comercio exterior

trade-related investment measure [GATT] TRIM

medida en materia de inversiones relacionada con el comercio TRIM

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1226

English trade-related technical assistance and capacity building [WTO] TRTA/CB

Spanish asistencia tcnica y creacin de capacidad relacionadas con el comercio ATCCRC

trade-weighted

ponderado segn el comercio exterior

trading book

cartera de inversiones cartera especulativa

trading gains and losses

ganancias y prdidas por operaciones

trading partners partner countries

pases que comercian entre s socios comerciales pases que mantienen relaciones comerciales

trading pit trading floor

recinto de operaciones parqu [ESP]

trading room [banking] trading floor

recinto de operaciones sala de operaciones rueda

trading-day effect

efecto da hbil efecto da de actividad

traditional debt relief mechanisms

mecanismos tradicionales de alivio de la deuda

tragedy of the commons

tragedia de los campos comunes

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1227

English training

Spanish adiestramiento entrenamiento formacin preparacin capacitacin

Training Administration Section [INS/AV/TR]

Seccin de Administracin de la Capacitacin

Training Section [HRD/SD/TR]

Seccin de Capacitacin

tranche policy [IMF]

poltica de tramos

tranche position [IMF]

posicin en los tramos

transaction arranged by the IMF [IMF] arranged transaction

transaccin concertada por el FMI

transaction balances

saldos para transacciones

transaction basis

sobre base de transaccin

transaction by agreement [IMF]

transaccin mediante acuerdo [P45] transaccin por acuerdo

transaction cost

costo de transaccin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1228

English transaction currency [BPM5]

Spanish moneda de transaccin [MBP5]

transaction demand for money

demanda de dinero por motivo transaccin demanda de dinero para transacciones

transaction value [Customs]

valor de transaccin precio de transaccin

transaction velocity (of money)

velocidad de transaccin (del dinero) velocidad-transaccin

transaction with designation [SDR] designated transaction

transaccin por designacin

transaction [IMF]

transaccin

transactional motive [monetary theory] transaction motive

motivo transaccin

transactions account [USA]

cuenta de transacciones

transactions associated with foreign workers

transacciones asociadas con trabajadores extranjeros

transactions in assets and liabilities

transacciones en activos y pasivos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1229

English transactions in goods, services, and income [BPM5]

Spanish transacciones de bienes, servicios y renta [MBP5]

transactions in X

transacciones por X transacciones en X transacciones de X

transactions without designation

transacciones sin designacin

transactor

parte de la transaccin agente de la transaccin partcipe de la transaccin

transactor principle

criterio de la contraparte

Transcaucasian and Central Asian countries

pases de la regin transcaucsica y Asia central

transcriber

transcriptor

transcriber-proofreading assistant

transcriptor-auxiliar de correccin de pruebas

Trans-European Automated Real-Time Gross Settlement Express Transfer System [EMI] TARGET System

Sistema automtico de transferencias urgentes transeuropeas con liquidacin bruta en tiempo real Sistema TARGET

transfer

transferencia

transfer charge

comisin de transferencia

transfer cost

costo de transferencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1230

English transfer in kind [BPM5]

Spanish transferencia en especie

transfer income

ingreso por transferencias

transfer of real resources

transferencia de recursos reales

transfer payment [GFS 1986]

pago de transferencia

transfer price transfer pricing

precio de transferencia fijacin de precios de transferencia

transfer pricing

precio de transferencia [MBP5; MBP6]

transfer risk [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

riesgo de transferencia [Gua de la deuda, 1993]

transfer tax

impuestos sobre la transferencia de bienes

transferable deposit

depsito transferible

transferable security

ttulo transferible valor mobiliario transferible valor negociable

transferee [SDR]

adquirente

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1231

English transferor [SDR]

Spanish transferente

transit trade [BPM5; BPM6]

comercio de trnsito [MBP5; MBP6]

transition country [IMF country classification] country in transition transition economy

pas en transicin economa en transicin

transition period [SDDS]

perodo de transicin

transitional arrangements [IMF]

rgimen transitorio

transitional procedures [IMF]

procedimiento durante la transicin procedimiento transitorio procedimiento de transicin

transitional provisions [AA]

disposiciones transitorias

translation assistant

auxiliar de traduccin

Translation Coordination Assistant [TGS/L] TCA

Auxiliar de Coordinacin de Traducciones

Translation Coordination Center TCC

Centro de Coordinacin de Traducciones

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1232

English Translation Division [IMF-TGS/L]

Spanish Divisin de Traduccin

Translation Editorial Assistant [TGS/L]

Asistente de Redaccin y Traduccin

Translation Editorial Officer [TGS/L]

Oficial de Redaccin y Traduccin

Translation Editorial Officer, Senior [TGS/L]

Oficial Principal de Redaccin y Traduccin

translation exposure (of exchange risk)

riesgo de traslacin en divisas

translation preparation assistant TPA

auxiliar de preparacin de traducciones

Translator [TGS/L]

Traductor

Translator, Senior [TGS/L]

Traductor Principal

transparency

transparencia

transparent policy

poltica transparente

transportation allowance [IMF-HRD]

subsidio de transporte

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1233

English Transportation Assistant [TGS/D]

Spanish Auxiliar de Transportes

transportation equipment transport equipment

equipo de transporte

Transportation Officer [TGS/D]

Oficial de Transportes

Transportation Officer, Senior [TGS/D]

Oficial Principal de Transportes

Transportation Section [TGS/DG/TR]

Seccin de Transportes

transportation surveys

encuestas del transporte

transportation transport

transporte

transshipment [customs]

transbordo

transversality transversality condition no-Ponzi game no-Ponzi game condition

transversalidad

travel allowance [IMF-HRD]

subsidio de viajes vitico [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1234

English Travel and Meetings Unit

Spanish Unidad de Viajes y Reuniones

travel and transportation expenses [BL]

gastos de viaje y de transporte

Travel Payments Section [FIN/AX/TR]

Seccin de Pagos de Viajes

traveler

viajante viajero

traveler surveys surveys of travelers

encuestas de viajeros

travelers check

cheque de viajero

Treasurer (of the Fund) [IMF-TRE]

Tesorero (del FMI)

Treasurer, Assistant

Tesorero Adjunto

Treasurer, Deputy

Subtesorero

Treasurer's Department TRE

Departamento de Tesorera

treasury bill rate

tasa de las letras del Tesoro

treasury bill T-bill

letra del Tesoro letra de Tesorera

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1235

English treasury bond T-bond

Spanish bono del Tesoro bono de Tesorera

Treasury cash flow

flujo de caja del gobierno, de la Tesorera

Treasury Inflation-Protected Security TIPS Treasury Inflation-Indexed Security

bono de Tesorera indexado por inflacin

treasury note T-note

pagar del Tesoro pagar de Tesorera

Treasury securities treasuries Treasury paper

ttulos del Tesoro valores emitidos por la Tesorera

treasury: claims on private sector

Tesoro: crdito al sector privado

treasury: private sector demand deposits treasury: p.s. demand deposits

Tesoro: depsitos a la vista del sector privado

Treasury-IMF account TIMF account

Cuenta Tesorera-FMI

treatment of quality changes

tratamiento de los cambios de la calidad tratamiento de los cambios de calidad

Treaty on Amity and Concord in South East Asia

Tratado de Amistad y Armona en Asia Sudoriental

Treaty on Economic Integration for the Countries of the Southern Cone

Tratado de Integracin de los Pases del Cono Sur

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1236

English Treaty on European Union Maastricht Treaty

Spanish Tratado de la Unin Europea Tratado de Maastricht

Treaty on International Commercial Navigation Law [UN]

Tratado de Derecho de Navegacin Comercial Internacional

Treaty on International Commercial Terrestial Law

Tratado de Derecho Comercial Terrestre Internacional

Treaty on the Harmonization of Business Law in Africa

Tratado sobre la Armonizacin de la Legislacin Empresarial en frica

Treaty on the Non-Proliferation of Nuclear Weapons [UN] NPT

Tratado sobre la no Proliferacin de las Armas Nucleares TNP

trend

tendencias

trend analysis

anlisis de la tendencia anlisis de tendencia

trend component

componente de tendencia

trend GDP

PIB tendencial PIB de tendencia

trend inflation structural inflation

inflacin tendencial inflacin estructural

trend path

trayectoria de tendencia tendencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1237

English trend rate

Spanish tasa tendencial

trend rate of growth

tasa tendencial de crecimiento

trend value

valor tendencial valor de tendencia

trend-cycle

tendencia-ciclo

Treuhandanstalt [Germany] German Trust Fund Agency

Treuhandanstalt [fem.] Fondo Fiduciario Alemn

trial and error ttonnement

mtodo de ensayo y error por tanteo

trial balance [accounting] working balance

balance de comprobacin de saldos

triangular trade

comercio triangular

trickle down theory

teora del efecto de filtracin

Triennial Surveillance Review TSR

Examen Trienal de la Supervisin

trigger

disparar activar (automticamente)

trigger price

precio de intervencin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1238

English Trilateral Commission TC

Spanish Comisin Trilateral

trillion [IMF-IBRD; USA]

billn

Trinidad and Tobago terms [Paris Club] Trinidad terms

condiciones de Trinidad condiciones de Trinidad y Tabago

Tripartite World Conference on Employment, Income Distribution, Social Progress and the International Division of Labour [ILO]

Conferencia Mundial Tripartita sobre el Empleo, la Distribucin del Ingreso, el Progreso Social y la Divisin Internacional del Trabajo

tripolar monetary system

sistema monetario tripolar

troubled assets

activos problemticos activos en problemas activos emproblemados [MEX]

Troubled Assets Relief Program TARP

Programa de Alivio de Activos Problemticos

trough

sima mnimo (cclico) punto mnimo punto ms bajo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1239

English troy ounce of fine gold fine troy ounce fine ounce

Spanish onza troy de oro fino onza de oro fino

true cost of living index

costo real de la vida costo de la vida verdadero costo de la vida real

true mean

media verdadera

Trust Account [IMF-ESAF] fiduciary account

cuenta en fideicomiso cuenta fiduciaria

Trust for Special ESAF Operations for the Heavily Indebted Poor Countries and Interim ESAF Subsidy Operations [IMF] ESAF-HIPC Trust [IMF]

Fondo Fiduciario para las operaciones especiales en el marco del SRAE a favor de los pases pobres muy endeudados y las operaciones de subvencin en el marco del SRAE transitorio [P45] Fondo Fiduciario SRAE-PPME [P45]

Trust for Special Poverty Reduction and Growth Operations for the Heavily Indebted Poor Countries and Interim ECF Subsidy Operations PRG-HIPC Trust

Fondo Fiduciario para Operaciones Especiales en pro del Crecimiento y la Lucha contra la Pobreza en los Pases Pobres Muy Endeudados y Operaciones Provisionales de Subvencin del SCA Fondo Fiduciario CLP-PPME

Trust Fund Cash Account [IMF]

Cuenta de Caja del Fondo Fiduciario

Trust Fund Instrument [IMF]

Instrumento de creacin del Fondo Fiduciario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1240

English Trust Fund loans

Spanish prstamos del fondo fiduciario

Trust Fund [IMF]

fondo en fideicomiso Fondo Fiduciario

trust [BPM6; SNA93; FSIG]

fideicomiso [MBP6; SCN93; GISF]

trustee

depositario fideicomisario administrador fiduciario fiduciario

trustee accounts: assets [IFS]

cuentas fiduciarias: activo

trustee accounts: liabilities [IFS]

cuentas fiduciarias: pasivo

trustee in bankruptcy [GBR, USA] trustee

sndico de la quiebra sndico

trustee savings bank

caja de ahorro en fideicomiso

trustee savings banks: deposits

bancos semioficiales de ahorro: depsitos

turning point turnaround change point

punto de inflexin cambio de rumbo cambio de tendencia momento decisivo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1241

English turn-key project

Spanish proyecto a punto proyecto llave en mano

turnover coefficient [personnel] turnover rate

tasa de rotacin

turnover ratio

coeficiente de rotacin velocidad de circulacin

turnover tax

impuesto sobre los ingresos brutos [ARG] impuesto sobre el volumen de venta [SCN 93] impuesto sobre la cifra de negocios [GFS 1986] impuesto sobre el volumen de negocios [SCN93]

turnover sales

volumen de ventas volumen de negocios cifra de negocios

twin crises

crisis gemelas

twin deficit

dficit gemelo

Twin Towers

Torres Gemelas

twin-track approach [Horn of Africa]

enfoque de doble va

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1242

English two pack [European Union]

Spanish programa two pack

two-digit

de 10% o ms de dos dgitos

two-dimensional probability distribution

ley de probabilidad bidimensional

two-speed recovery

recuperacin a dos velocidades

two-stage least squares [statistics]

mnimos cuadrados en dos etapas mnimos cuadrados dobles

two-tailed test [statistics] two-sided test

verificacin a dos extremos prueba bilateral prueba a dos extremos verificacin bilateral

two-tier banking system

sistema bancario de dos niveles

two-tier development

desarrollo a dos velocidades

two-tier Europe

Europa de dos velocidades Europa de geometra variable

two-tier market

mercado doble mercado segmentado

two-tier pricing system

sistema de precios de dos niveles

two-way breakdown

desglose doble

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1243

English two-way quote two-way price

Spanish precios de compra y de venta cotizacin recproca

two-way transaction [SDR]

transaccin de compraventa

U.S.-Canada Free Trade Agreement

Acuerdo de Libre Comercio entre Estados Unidos y Canad

ultimate beneficial owner

usufructuario final

ultimate risk

riesgo final

Umbrella Account for HIPC Operations [ESAF-HIPC]

Cuenta General para Operaciones a favor de los PPME

umpire [law]

rbitro amigable componedor

UN Development Group-World Bank Fiduciary Principles Accord FPA

Acuerdo sobre Principios Fiduciarios entre el Grupo de las Naciones Unidas para el Desarrollo y el Banco Mundial

UN Post Adjustment Index [UN] UNPAI

ndice de los ajustes por lugar de destino IALD

unanchored inflation expectations

expectativas inflacionarias no ancladas

unanimous consent

consentimiento unnime

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1244

English unbanked people underbanked unbanked

Spanish personas sin accesso a cuentas bancarias

unbiased

insesgado

unbiased estimator [statistics]

estimador insesgado

uncapitalized military weapons and weapon-delivery systems

armas militares y equipo para disparar

uncertainty effect

efecto incertidumbre

uncertainty, under

incertidumbre, en condiciones de

unchallengeable use [SDR]

uso inobjetable

unclassified financing

financiamiento sin clasificar

unclassified transactions

transacciones netas sin clasificar

unclassified [IMF information security]

difusin no restringida, general

uncommitted resources

recursos no comprometidos

unconditional financial contract

contrato financiero incondicional

unconditional liquidity

liquidez incondicional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1245

English unconventional policies

Spanish polticas no convencionales

uncorrected for degrees of freedom

sin corregir segn los grados de libertad

uncovered

sin cobertura (a plazo)

uncovered check

cheque sin fondos cheque sin provisin de fondos

uncovered interest rate differential

diferencial de intereses descubierto diferencial de tasas de inters descubierto

undeclared employment unreported employment

empleo no declarado

undercapitalization [enterprises]

subcapitalizacin capitalizacin insuficiente

underconsumption

subconsumo

undercropping intercropping mixed cropping

cultivos intercalados

underdetermined

subdeterminado

underdeveloped country UDC

pas subdesarrollado PSD

underemployment [SNA93]

subempleo [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1246

English underfunding

Spanish insuficiencia de financiamiento

underinvestment

subinversin inversin insuficiente

underinvoicing [SNA93]

subfacturacin [SCN93]

underlying balance approach

enfoque del equilibrio estructural

underlying data [BPM5]

datos bsicos [MBP5]

underlying deficit structural deficit

dficit estructural dficit subyacente

underlying item underlying asset

activo subyacente

underlying security [derivatives] underlying instrument

instrumento subyacente

underlying [BPM6; SNA93]

subyacente [MBP6; SCN93] tendencial fundamental bsico

underrepresented countries

pases subrepresentados

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1247

English under-resourcing the IMF

Spanish dotar al FMI de recursos insuficientes

undershooting

subreaccin reajuste insuficiente

understaffing

insuficiencia de personal

undertaxation

subtributacin

undervalue

subvalorar

undervalued currency

moneda subvaluada, subvalorada

underwriter

asegurador

underwriting bank [securities] underwriter

garante de emisin suscriptor asegurador

underwriting fee underwriting commission

comisin de suscripcin

underwriting syndicate underwriting consortium underwriting group underwriting pool issue syndicate underwriters

consorcio asegurador de emisiones sindicato de emisin agente de colocacin y sucripcin de valores

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1248

English underwriting [securities]

Spanish colocacin en firme garanta de emisin colocacin y suscripcin de valores

undisbursed debt

prstamos no desembolsados

undrawn balance

saldo no desembolsado saldo no utilizado

unearned income

renta no salarial [a veces] ingreso no salarial [a veces] renta no ganada renta no derivada del trabajo ingreso no derivado del trabajo

uneconomic [SNA93]

antieconmico [SCN93]

uneconomical

antieconmico no rentable

unemployed [SNA93]

desocupado parado [ESP] desempleado [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1249

English unemployment benefit unemployment compensation

Spanish indemnizacin por desempleo indemnizacin de paro [ESP] prestacin por desempleo

unemployment insurance

seguro de desempleo seguro de paro

unemployment [GFSM; SNA93]

desocupacin [ARG] desempleo [MEFP; SCN93] paro [ESP]

unenforceability of exchange contracts [IMF]

inexigibilidad de contratos de cambio

unenforceable

inexigible

unexplained variance residual variance

variancia residual variante residual variante no explicada

unfair competition

competencia desleal

unfair competitive advantage

ventaja competitiva desleal

unfilled orders

pedidos no despachados

unforeseen obsolescence [GFSM 2001; SNA93]

obsolescencia imprevista [SCN93]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1250

English unfulfilled repurchase expectation [IMF]

Spanish expectativa de recompra incumplida

unfunded employee social benefits [SNA93] unfunded social benefits unfunded benefits [SNA93]

prestaciones sociales no basadas en fondos especiales prestaciones sociales directas prestaciones sociales para los asalariados no basadas en fondos especiales [SCN93]

unfunded liabilities [insurance; retirement]

pasivos sin financiamiento previsto pasivos no capitalizados

unfunded mandate [USA]

obligacin de gasto sin financiamiento previsto

unholy trinity

trada maligna

uniform delivery price

precio de entrega uniforme

uniform norm for remuneration [IMF] uniform norm

norma uniforme de remuneracin norma uniforme

uniform resource locator URL universal resource locator

localizador uniforme de recursos localizador universal de recursos

uniform system for pricing

mtodo uniforme para fijar el precio

uniformly bounded

acotados en su conjunto

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1251

English uniformly most powerful test

Spanish verificacin uniformemente ms potente

uniform-proportionate changes [AA]

modificaciones uniformes y proporcionales

unilateral debt rescheduling

reprogramacin unilateral de la deuda

unimodal

unimodal

unimpaired [bank supervision] satisfactory

sin problemas en situacin regular satisfactorio

unincorporated branch

sucursal (no constituda en sociedad)

unincorporated enterprise unincorporated business

empresa no constituida en sociedad

unincorporated public enterprise unincorporated government enterprise

empresa pblica no constituida en sociedad

Union of Banana Exporting Countries UPEB

Unin de Pases Exportadores de Banano UPEB

Union of International Associations UIA

Unin de Asociaciones Internacionales

Union of International Technical Associations

Unin de Asociaciones Tcnicas Internacionales

Union of South American Nations

Unin de Naciones Suramericanas UNASUR

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1252

English Unit Chief [IMF]

Spanish Jefe de Unidad

Unit Chief, Deputy [IMF]

Subjefe de Unidad

unit elasticity unitary elasticity

elasticidad unitaria elasticidad igual a la unidad

unit labor cost

costo unitario de la mano de obra costo unitario del trabajo

unit labor cost-based real effective exchange rate ULC-based real effective exchange rate

tipo de cambio efectivo real basado en el costo unitario de la mano de obra

unit matrix

matriz unidad

unit of output unit produced

unidad de producto unidad producida

unit of value

unidad de valor

unit root test

prueba de raz unitaria

unit value

valor unitario

unit value index [FSIG]

ndice de valor unitario [GISF]

unitary exchange rate unitary rate of exchange

tipo unitario de cambio tipo nico de cambio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1253

English unitary state

Spanish estado unitario

United Cities and Local Governments UCLG

ciudades y gobiernos locales unidos

United Nations Capital Development Fund [UNDP] UNCDF

Fondo de las Naciones Unidas para el Desarrollo de la Capitalizacin FNUDC

United Nations Center Against Apartheid [UN] UN/CAA

Centro Naciones Unidas contra el Apartheid

United Nations Center for Human Rights

Centro de Derechos Humanos de las Naciones Unidas

United Nations Center for Regional Development UNCRD

Centro de las Naciones Unidas para el Desarrollo Regional

United Nations Centre for Human Settlements HABITAT UNCHS

Centro de las Naciones Unidas para los Asentamientos Humanos HABITAT, CNUAH

United Nations Centre on Transnational Corporations UNCTC

Centro de las Naciones Unidas sobre las Empresas Transnacionales UNCTC

United Nations Children's Fund UNICEF

Fondo de las Naciones Unidas para la Infancia UNICEF

United Nations Commission on International Trade Law UNCITRAL

Comisin de las Naciones Unidas para el Derecho Mercantil Internacional CNUDMI

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1254

English United Nations Conference for Global Negotiations on International Economic Cooperation for Development [UN]

Spanish Conferencia para las Negociaciones Globales sobre la Cooperacin Econmica Internacional para el Desarrollo

United Nations Conference on Environment and Development UNCED Earth Summit

Conferencia de las Naciones Unidas sobre el Medio Ambiente y el Desarrollo CNUMAD Cumbre para la Tierra

United Nations Conference on New and Renewable Sources of Energy UNERG

Conferencia de las Naciones Unidas sobre Fuentes de Energa Nuevas y Renovables

United Nations Conference on Science and Technology for Development

Conferencia de las Naciones Unidas sobre Ciencia y Tecnologa para el Desarrollo

United Nations Conference on the Law of the Sea

Conferencia de las Naciones Unidas sobre el Derecho del Mar

United Nations Conference on the Least Developed Countries

Conferencia de las Naciones Unidas sobre los Pases Menos Adelantados

United Nations Conference on Trade and Development UNCTAD

Conferencia de las Naciones Unidas sobre Comercio y Desarrollo UNCTAD

United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances [UN] Vienna Convention

Convencin de las Naciones Unidas contra el Trfico Ilcito de Estupefacientes y Sustancias Sicotrpicas Convencin de Viena

United Nations Convention against Transnational Organized Crime

Convencin de las Naciones Unidas contra la Delincuencia Organizada Transnacional

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1255

English United Nations Covention against Transnational Organized Crime Palermo Convention

Spanish Convencin de las Naciones Unidas contra la delincuencia organizada transnacional Convencin de Palermo

United Nations Designated Officer [UN] UNDO

Oficial Designado de las Naciones Unidas

United Nations Development Assistance Framework [UN] UNDAF

Marco de Assistencia de las Naciones Unidas para el Desarrollo

United Nations Development Group [UN]

Grupo de las Naciones Unidas para el desarrollo GNUD

United Nations Development Programme UNDP

Programa de las Naciones Unidas para el Desarrollo PNUD

United Nations Economic and Social Office in Beirut UNESOB

Oficina de Asuntos Econmicos y Sociales de las Naciones Unidas en Beirut ONUB

United Nations Educational, Scientific and Cultural Organization UNESCO

Organizacin de las Naciones Unidas para la Educacin, la Ciencia y la Cultura UNESCO

United Nations Environment Programme UNEP

Programa de las Naciones Unidas para el Medio Ambiente PNUMA

United Nations Framework Convention on Climate Change [GEF] UNFCCC

Convencin-marco sobre el Cambio Climtico

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1256

English United Nations Fund for Population Activities [UN] UNFPA

Spanish Fondo de las Naciones Unidas para Actividades en Materia de Poblacin FNUAP

United Nations High Commissioner for Refugees UNHCR

Alto Comisionado de las Naciones Unidas para los Refugiados ACNUR

United Nations Industrial Development Fund UNIDF

Fondo de las Naciones Unidas para el Desarrollo Industrial FNUDI

United Nations Industrial Development Organization UNIDO

Organizacin de las Naciones Unidas para el Desarrollo Industrial ONUDI

United Nations Institute for Training and Research UNITAR

Instituto de las Naciones Unidas para la Formacin Profesional y la Investigacin UNITAR

United Nations Inter-Agency Needs Assessment Mission to Lebanon

Misin inter-institucional de las Naciones Unidas para la evaluacin de las necesidades en el Lbano

United Nations Interim Administration Mission in Kosovo [UN] UNMIK

Misin de Administracin Provisional de las Naciones Unidas en Kosovo

United Nations International Conference on Population and Development

Conferencia Internacional de las Naciones Unidas sobre la Poblacin y el Desarrollo

United Nations International Drug Control Program UNIDCP

Programa de las Naciones Unidas para la Fiscalizacin Internacional de Drogas PNUFID

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1257

English United Nations International Partnership Trust Fund

Spanish Fondo Fiduciario de las Naciones Unidas para la Colaboracin Internacional

United Nations International Tin Conference

Conferencia Internacional de las Naciones Unidas sobre el Estao

United Nations Monetary and Financial Conference [IMF-IBRD] Bretton Woods Conference

Conferencia Monetaria y Financiera de las Naciones Unidas Conferencia de Bretton Woods

United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities

Conferencia de Negociacin de las Naciones Unidas sobre un Fondo Comn con Arreglo al Programa Integrado para los Productos Bsicos

United Nations Office for Drug Control and Crime Prevention [UN] ODCCP United Nations Office on Drug and Crime UNODC

Oficina de Fiscalizacin de Drogas y de Prevencin del Delito OFDPD Oficina de las Naciones Unidas contra la Droga y el Delito ONUDD

United Nations Population Fund UNFPA

Fondo de Poblacin de las Naciones Unidas

United Nations Rules for Electronic Data Interchange for Administration, Commerce and Transport EDIFACT

Reglamento de las Naciones Unidas para el intercambio electrnico de datos para la administracin, el comercio y el transporte EDIFACT

United Nations Rwanda Emergency Office UNREO

Oficina de Emergencia de las Naciones Unidas para Rwanda

United Nations Second Development Decade

Segundo Decenio de las Naciones Unidas para el Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1258

English United Nations Security Coordinator UNSECOORD [UN]

Spanish Coordinador de Asuntos de Seguridad de las Naciones Unidas

United Nations Security Plan for [country, city] [UN]

Plan de Seguridad para [pas]

United Nations System Chief Executives Board for Coordination CEB Chief Executives Board

Junta de los jefes ejecutivos del sistema de las Naciones Unidas para la coordinacin

United Nations System-wide Special Initiative on Africa [UN]

Iniciativa especial para Africa del sistema de las Naciones Unidas

United Nations Transitional Administration in East Timor UNTAET

Administracin Transitoria de las Naciones Unidas en Timor Oriental ATNUTO

United Nations Transitional Authority in Cambodia UNTAC

Autoridad Provisional de las Naciones Unidas en Camboya APRONUC

United Nations Year for Tolerance [UNESCO]

Ao de las Naciones Unidas para la Tolerancia

United Nations UN

Organizacin de las Naciones Unidas

United Nations/FAO Intergovernmental Committee of the World Food Programme

Comit Intergubernamental Naciones Unidas/FAO del Programa Mundial de Alimentos

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1259

English United States Advisory Commission to Study the CPI Boskin Commission

Spanish Comisin consultiva encargada del estudio del IPC de los Estados Unidos Comisin Boskin

United States Information Agency USIA

Servicio Informativo y Cultural de Estados Unidos USIA

United States-Mexico Framework Understanding [Mexico, US]

Entendimiento entre el Gobierno de los Estados Unidos Mexicanos y el Gobierno de los Estados Unidos de Amrica relativo a un Marco de Principios y Procedimientos de Consulta sobre Relaciones de Comercio e Inversin

units-of-production method

mtodo de las unidades de produccin

Unity Fund [Germany]

Fondo para la Unidad Alemana

Universal Postal Union UPU

Unin Postal Universal UPU

Universal System for Information in Science and Technology UNISIST World Science Information System

Sistema Mundial de Informacin Cientfica UNISIST

universality of Fund membership [IMF]

dimensin universal del FMI carcter universal del FMI

unknown (of an equation)

incgnita

unlisted security unquoted security

valor no cotizado en bolsa valor no admitido a cotizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1260

English unloading

Spanish operaciones de descarga

unmet basic needs

necesidad bsica insatisfecha

unobservable random characteristic

caracterstica aleatoria no observable

unpaid charge [IMF]

cargo impagado cargo impago

unpaid labour

mano de obra no remunerada

unpeg the rate

dejar que flucte el tipo de cambio liberar el tipo de cambio

unrealistic par value [IMF]

paridad que no se ajusta a la realidad

unrealized gain unrealized income paper gain paper profit

ganancia no realizada

unregulated bank

banco no controlado

UN-related organization

organizacin del sistema de las Naciones Unidas organizacin vinculada a las Naciones Unidas organizacin asociada a las Naciones Unidas

unremitted earnings [BPM5]

utilidades no remitidas

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1261

English unremunerated reserve tranche position [IMF]

Spanish saldo no remunerado en el tramo de reserva posicin no remunerada en el tramo de reserva

unrequited

unilateral sin contrapartida

unrequited current tranfers

transferencias corrientes sin contrapartida

unrequited payment

pago sin contrapartida pago sin contraprestacin

unrequited tranfers

transferencias sin contrapartida

unrequited transaction

transaccin unilateral

unrequited transfer

transferencia unilateral transferencia sin contrapartida

unresponsive

insensible no reacciona, que

unrestricted use [SDR]

uso irrestricto

unsecured loan

prstamo no garantizado

unsettled

no liquidado pendiente

unsigned

sin signo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1262

English unskilled labor unskilled manpower unskilled worker

Spanish mano de obra no calificada trabajador no especializado

unsoundness

fragilidad

untapped resource

recurso inexplotado

untied aid

ayuda no condicionada ayuda no vinculada

untying of aid

desvinculacin de la ayuda

unwind [securities settlement systems]

reversin parcial de una transaccin

unwinding of global imbalances

correccin de los desequilibrios mundiales

unwinding of imbalances

correccin de los desequilibrios

unwinding of positions

liquidacin de posiciones contrarrestar las posiciones

unwinding [securities]

revocar deshacer deshacer revertir

upgrading

reclasificacin en una categora ms alta mejorar la calificacin reclasificacin en una categora superior

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1263

English uphill flow of capital

Spanish flujo de capital a contracorriente

upper bound

cota superior

upper credit tranche quality UCT quality

calidad que deben tener las programas para dar acceso a los tramos superiores de crdito

upper credit tranches [IMF]

tramos superiores de crdito [P45]

Upper Volta

Alto Volta

upside risk

probabilidad de que los resultados superen las proyecciones riesgo de que los resultados sean superiores a lo previsto probabilidad de que las cifras reales sean mayores de las que indican las proyecciones riesgo al alza

upside-down mortgage underwater mortgage negative home equity

hipoteca con patrimonio negativo

upstream analysis [IBRD]

anlisis de base

upstream capacity

capacidad de produccin de crudo

upstream integration

integracin vertical hacia arriba

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1264

English upturn upswing upsurge

Spanish recuperacin reactivacin [WHD REO] iniciacin de la fase ascendente fase ascendente fase de expansin movimiento ascendente

upward adjustment

ajuste al alza

upward bias [CPI] positive bias

sesgo por exceso sesgo alcista sesgo al alza

upward pressure

presin al alza presin alcista

upward trend rising trend uptrend

tendencia ascendente tendencia al alza

upward-sloping curve

curva ascendente curva de pendiente ascendente

urban development

desarrollo urbano

urbanization

urbanizacin

urbanization economies

economas de la urbanizacin economas generadas por la urbanizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1265

English Uruguay Round (of Multilateral Trade Negotiations) [GATT]

Spanish Ronda Uruguay (de negociaciones comerciales multilaterales)

US Census Bureau

Oficina del Censo de los Estados Unidos

usable currency [IMF]

moneda utilizable

usable national currency

moneda nacional utilizable

use approach [CPI]

enfoque del consumo enfoque del uso

use of Fund credit and loans use of IMF credit and loans [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

uso de crdito y prstamos del FMI uso del crdito del FMI y prstamos del FMI uso de crdito y prstamos del Fondo

use of Fund credit use of IMF credit

uso del crdito del FMI uso de crdito del Fondo

use of IMF resources [IMF] use of Fund resources UFR

uso de los recursos del FMI uso de recursos del FMI

use value

valor de uso, en uso

user cost

costo para el usuario costo de utilizacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1266

English user cost approach [CPI]

Spanish mtodo del costo para el usuario

user fee user charge

tasa de uso de un servicio tasa que paga el usuario de un servicio tasa de un servicio

user friendly [IT]

fcil de usar de fcil manejo

User Support and Operations Division [BCS/XT]

Divisin de Asistencia a los Usuarios y de Operaciones de Sistemas

user value

valor de usuario

users of BOP statistics

usuarios de estadsticas de la balanza de pagos

U-shaped distribution

distribucin en U

usury rate

tasa usuraria

usury [SNA93]

usura [SCN93]

utility

ganancia [SCN93] utilidad [SCN93]

utility function

funcin de utilidad

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1267

English utility level

Spanish nivel de la utilidad

Utstein Group

Grupo Utstein

vacancy job vacancy opening job opening

vacante

valuable

artculo de valor objeto valioso objeto de valor

valuation

valoracin valuacin

valuation basis

base de valoracin criterio de valoracin

valuation change

variacin por revalorizacin variacin de valoracin

valuation effects

efectos de valoracin

value added

valor aadido [ESP] valor agregado

value added in manufacturing

valor agregado en la industria manufacturera [Am. Lat.] valor aadido en la industria manufacturera [Esp.]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1268

English value alongside carrier

Spanish valor al costado del navo

value at customs frontier of exporting country

valor en la frontera aduanera del pas exportador

value date [IMF]

fecha de valor

value index

ndice de valor

value judgment

juicio de valor

value-added deflator

deflactor del valor agregado deflactor del valor aadido [ESP]

Value-Added Tax Code VAT Code

legislacin sobre elimpuesto al valor ley del IVA

value-added tax VAT

IVA impuesto sobre el valor aadido [ESP] IVA impuesto sobre el valor agregado [Am. Lat.] IVA impuesto al valor agregado

value-at-risk methodology [BIS]

metodoliga del valor en riesgo

value-at-risk model VaR

modelo de clculo del valor en riesgo modelo VaR

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1269

English variability

Spanish variabilidad

variable

variable

variable cost

costo variable

variable uniform norm for remuneration [IMF] variable uniform norm

norma uniforme variable de remuneracin norma uniforme variable

variable weights

coeficientes de ponderacin variables

variable-rate bond [Debt Guide, 1993; External Debt Statistics: Guide for Compilers and Users, 1993]

bono de tasa de inters variable

variable-rate note VRNS

pagars de tasa de inters variable

variance analysis

anlisis de la varianza

variance [statistics]

varianza

variation margin [securities settlement systems]

reposicin de la garanta

vault cash cash in vault

reservas en efectivo reservas en metlico

vector

vector

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1270

English vector autoregression analysis vector autoregression model VAR model

Spanish modelo de autorregresin vectorial

vector function

funcin vectorial

vector of unit length

vector de longitud igual a la unidad

vehicle company

compaa de propsito especial

vehicle currency

moneda vehculo

velocity of circulation velocity of money

velocidad de circulacin del dinero velocidad del dinero

vendor

proveedor

venture

empresa

venture capital company

empresa que invierte capital de riesgo

venture capital risk capital

capital de riesgo capital-riesgo [ESP]

verbal intervention

intervencin verbal

verbatim minutes verbatim transcript

acta literal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1271

English Verbatim Reporting Assistant

Spanish Asistente de Taquigrafa-redaccin de Actas

Verbatim Reporting Officer [IMF-SEC]

Taqugrafo-Redactor de Actas

vertical axis(, on the) [mathematics]

ordenadas(, en) eje de ordenadas

vertical fund

fondo vertical

vertical integration

integracin vertical

very large use of Fund resources

utilizacin masiva de los recursos del FMI

vicious circle

crculo vicioso

videoconferencing video teleconference

videoconferencia

Vienna Convention on Diplomatic Relations [UN]

Convencin de Viena sobre Relaciones Diplomticas

Vienna Convention on the Law of Treaties

Convencin de Viena sobre el Derecho de los Tratados

vintage [capital goods]

generacin cosecha

virement

transferencia de recursos de un presupuesto a otro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1272

English virtual economy [Russia]

Spanish economa virtual

virtuous circle

crculo virtuoso

Visa Services Office [IMF-HRD]

Oficina de Servicios de Visado

Visegrad countries

pases del grupo de Visegrad

Visegrad Group [NATO]

Grupo de Visegrad

visiting scholar [IMF] visiting professor visiting fellow

profesor visitante profesor invitado

vital statistics

estadsticas demogrficas, del estado civil

voice in management, effective

participacin efectiva en la direccin

voice [IMF governance]

voz

Voices of the Poor -- Can anyone hear us? [WB]

Voces de los pobres -- Hay alguien que nos escuche?

voided check stopped check

cheque cancelado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1273

English volatile capital

Spanish capital voltil capital inestable

volatility

inestabilidad volatilidad

volume changes [GFSM 2001]

variaciones en el volumen

volume index

ndice de quntum ndice de volumen ndice de cantidad

volume measures

mediciones de cantidad medidas de cantidad

volume of exports

volumen de exportacin

volume of gold produced volume of gold production

volumen de produccin de oro

voluntary contribution account [IMF arrears; debt reduction]

cuenta de aportaciones voluntarias

voluntary departure program voluntary departure scheme

programa de retiro voluntario

voluntary exchange approach voluntary exchange theory

mtodo del cambio fiscal voluntario teora del cambio fiscal voluntario

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1274

English voluntary export restraint VER

Spanish limitacin voluntaria de las exportaciones restriccin voluntaria a la exportacin

voluntary repayment [IMF]

reembolso voluntario

voluntary repurchase [IMF]

recompra voluntaria

voluntary restraint self-restraint

limitacin voluntaria autolimitacin

voluntary saving

ahorro voluntario

voluntary separation

abandono voluntario del cargo dimisin renuncia

voluntary unemployment

desempleo voluntario

vostro account

cuenta vostro

vote by proxy [IMF]

votacin por poder

voting power [IMF]

nmero de votos poder de voto

voting rights and representation privileges [IMF-AA, Third amendment]

derechos de voto y privilegio de representacin

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1275

English voting share [corporations] voting stock

Spanish accin con derecho a voto

voting without meeting

votacin sin reunin

voucher privatization

privatizacin mediante cupones

voyage charter

fletamento de embarcaciones por un slo viaje fletamento por un solo viaje

v-shaped rebound v-shaped recovery

recuperacin en forma de V recuperacin en V

vulnerabilities [surveillance]

aspectos vulnerables vulnerabilidades factores de vulnerabilidad

vulnerability assessment

evaluacin de la vulnerabilidad

vulnerability exercise

anlisis de vulnerabilidad

vulnerability indicator

indicador de vulnerabilidad

vulnerable (to adverse shocks)

vulnerable (a las perturbaciones externas)

vulture fund [debt restructuring]

fondo buitre

wafer [semiconductors manufacturing]

oblea de silicio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1276

English wage award salary award

Spanish aumento salarial, concesin de decisin arbitral sobre salarios [a veces]

wage bill ceilings

topes de la masa salarial topes salariales

wage bill payroll

masa salarial gasto salarial gasto en remuneraciones

wage cost(s) payroll cost(s)

costo de los salarios costos salariales

wage differential

disparidad salarial diferencia salarial desigualdad de remuneracin

wage drift wage creep

diferencial de salarios diferencia entre el pago bsico y la remuneracin total

wage earner

asalariado

wage equalization

equiparacin de salarios

wage flexibility

flexibilidad salarial

wage goods

bienes salariales

wage policy wages policy

poltica salarial

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1277

English wage rate wage

Spanish salario sueldo

wage restraint wage moderation

restriccin salarial austeridad salarial moderacin salarial moderacin de los aumentos salariales contencin salarial

wage rigidity

rigidez salarial

wage round

negociacin salarial

wage settlement

acuerdo salarial convencin salarial convenio colectivo

wage wedge

razn sueldo bruto/sueldo neto

wage-bargaining system

sistema de negociacin salarial

wage-price determination

determinacin de salarios y precios

wage-push inflation

inflacin salarial inflacin producida por los salarios

wages and salaries [BPM5; GFSM; GFSY; SNA93]

sueldos y salarios [MEFP; SCN93]

wages: hourly earnings

salarios: remuneracin por hora

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1278

English wages: monthly earnings, seasonally adjusted [IFS]

Spanish salarios: remuneracin mensual, desestacionalizada

waive

dispensar del cumplimento de una obligacin eximir de una obligacin renunciar a un derecho

waiver

dispensa exencin renuncia a un derecho

warden system [UN]

red de comunicaciones de emergencia

warehousing [BPM5]

depsito [MBP5]

warning point

punto de alerta

warning signal warning sign

seal de prevencin seal de alerta seal de advertencia

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1279

English warrant [financial derivatives] stock warrant equity warrant subscription warrant stock purchase warrant share purchase warrant

Spanish warrant warrant financiero certificado de opcin para la compra de valores [Gua de la deuda, 1993] certificado para la compra de valores [MBP5] certificado de opcin [MEFP] garanta de opcin [SCN93]

Washington Consensus

consenso de Washington

Washington, D.C. [USA] D.C.

Washington

water stress

estrs hdrico

waterlogging

anegamiento

watershed

vertiente lnea divisoria de (las) aguas cuenca (hidrogrfica)

ways and means

medios y arbitrios

ways and means advances [budget]

anticipos presupuestarios

weak axiom

axioma dbil

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1280

English weak law of large numbers

Spanish ley dbil de los grandes nmeros

weak policies scenario

escenario de debilidad de las polticas

wealth effect

efecto riqueza efecto de riqueza

wealth position [GFSM 2001]

posicin de riqueza riqueza

wealth tax [BPM5] tax on wealth [SNA93]

impuesto sobre el patrimonio impuesto al patrimonio [MBP5; SNA93] impuesto a la riqueza [MBP5; SCN93]

wealth [BPM5; GFSM; SNA93]

riqueza [MBP5; MEFP; SCN93] patrimonio [MBP5]

web casting facilities [IBRD]

difusin de servicios audiovisuales a travs de la WEB

Web Content and Authoring Team [TGS/IM]

Equipo de Contenido y Autora de la Web

Weekly Precis [IMF document series; WEEKLY/PRECIS/...]

sntesis semanal

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1281

English weight

Spanish ponderacin coeficiente de ponderacin peso

weight update weight updating

actualizacin de las ponderaciones

weighted average [SNA93]

media ponderada promedio ponderado [SCN93]

weighted regression

regresin ponderada

weighted voting system

sistema de votacin ponderada

weighting bias

sesgo de ponderacin

weighting pattern

estructura de ponderacin

welfare economics

economa del bienestar

welfare effects

efectos en el bienestar

welfare payment

prestacin de asistencia social subsidio de asistencia social

welfare state

Estado asistencial Estado providente Estado de bienestar Estado benefactor

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1282

English welfare well-being

Spanish bienestar

wellhead price [oil; natural gas]

precio en la cabeza de pozo

WEO exercise

estudio de las perspectivas de la economa mundial

West Africa Monetary Zone [IBRD] WAMZ

Zona monetaria del frica occidental

West Africa Regional Technical Assistance Center West AFRITAC

Centro Regional de Asistencia Tcnica de frica Occidental AFRITAC Occidental

West African Clearing House WACH CCAO

Cmara de Compensacin del frica Occidental

West African Development Bank WADB

Banco de Desarrollo de frica Occidental BOAD

West African Division I, II [AFR/WB, WF]

Divisin de frica Occidental I, II

West African Division III

Divisin de frica Occidental III

West African Economic and Monetary Union WAEMU

Unin Econmica y Monetaria del frica Occidental UEMAO

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1283

English West African Economic Community WAEC CEAO

Spanish Comunidad Econmica del frica Occidental CEAO

West African Monetary Agency WAMA

Organismo Monetario del frica Occidental WAMA

West African Monetary Union WAMU

Unin Monetaria del frica Occidental UMAO

West Bank and Gaza Strip WBGS

Ribera Occidental y la Faja de Gaza

Western Division [EUR/WE]

Divisin de Europa Occidental

Western European Division

Divisin de Europa Occidental

Western European Union WEU

Unin Europea Occidental UEO

Western Hemisphere Department [IMF] WHD

Departamento del Hemisferio Occidental

Western Hemisphere Division [INS/WH]

Divisin del Hemisferio Occidental

Western Hemisphere Division/Area WHD

Divisin/Regin del Hemisferio Occidental

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English Western Hemisphere Regional Division [MCM/R5]

Spanish Divisin de la Regin del Hemisferio Occidental

Western Samoa WSM

Samoa Occidental

wet charter

fletamento de embarcaciones con tripulacin fletamento de aeronaves con tripulacin

white noise [statistics]

ruido blanco

white paper

informe oficial

wholesale bank

banco mayorista

wholesale deposit

depsito procedente del mercado interbancario

wholesale price

precio al por mayor

wholesale price index WPI

ndice de precios al por mayor ndice de precios mayoristas

wholly owned subsidiary fully owned subsidiary

filial de propiedad absoluta filial de propiedad exclusiva

widening of the ERM band

ampliacin de la banda del MAC

wider margins [EMS]

mrgenes ms amplios

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English widespread floating

Spanish flotacin generalizada

windfall profit

ganancias inesperadas ganancias extraordinarias beneficios imprevistos utilidades imprevistas ganancias imprevistas

window dressing

presentacin cosmtica manipulacin de la contabilidad maquillaje de las cifras retoque del balance

window of opportunity opportunity [SNA93]

oportunidad [SCN93] momento propicio

win-win situation

situacin en la que todos ganan situacin en la que no se pierde

wire transfer

giro telegrfico transferencia telegrfica

Wishart distribution

distribucin de Wishart

withdrawal from entrepreneurial income of quasi-corporations

retiro de la renta empresarial de las cuasisociedades

withdrawal from income of quasi-corporations

retiro de los ingresos de cuasisociedades retiro de los ingresos de las cuasicorporacions

withdrawal from income of quasi-corporations (public corporations only)

retiros de los ingresos de las cuasicorporaciones (slo las corporaciones pblicas)

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English withdrawal from inventories

Spanish retiro de las existencias retiro de existencias

withdrawal from inventories of finished goods and work-inprogress

retiro de las existencias de trabajos en curso y de bienes terminados

withdrawal from inventories of goods for resale

retiro de las existencias de bienes para reventa

withdrawal from membership [IMF]

retiro de un pas miembro

withdrawal of bid [GA]

retiro de la oferta

withhold tax collect withholding tax for the government

recaudar impuestos en la fuente retener impuestos en la fuente

withholding agent

agente de retencin

withholding subject

sujeto de la retencin

withholding tax

impuesto retenido en la fuente impuesto retenido impuesto deducido en la fuente

within or outside margins [AA]

dentro o fuera de los mrgenes

with-profits insurance [BPM5]

seguros que generan rendimientos [MBP5]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1287

English Wolfsberg Group

Spanish Grupo de Wolfsberg

Women 2000 : Gender Equality, Development and Peace for the Twenty-first Century

Mujeres 2000 : Igualdad de Gnero, Desarrollo y Paz para el Siglo XXI Beijing 5

women's agency

poder de decisin de las mujeres

Women's World Banking WWB

Banco Mundial de la Mujer

Work Flow Supervisor [IMF-TGS]

Supervisor de Ejecucin de Trabajos

work in progress work in process

obra en curso producto en elaboracin trabajo en curso

Work Practices and Technology Secretariat [IMF-OMD] WPT

Secretara de Mtodos de Trabajo y Tecnologa

Work Practices Section [OIA] WPS

Seccin de Mtodos de Trabajo

work program

programa de trabajo

work slowdown

trabajo a desgano operacin tortuga [Col.]

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1288

English Workers' Party of Kurdistan PKK

Spanish Partido de los Trabajadores de Kurdistn PKK

workers' remittances [BPM5; BPM6]

remesas de trabajadores [MBP5; MBP6]

workfare

programa de ayuda laboral programa de proteccin laboral

workforce [enterprises]

plantilla personal dotacin de personal

working balance

fondo para operaciones saldo para operaciones saldo de operacin

Working Committee on Payment Systems [EC]

Comisin de Trabajo Sistemas de Pago

Working Group on Capital Flows [FSF]

Grupo de Trabajo sobre los Flujos de Capital

Working Group on Creditor-Debtor Relations [IMF]

Grupo de Trabajo sobre Relaciones entre Acreedores y Deudores

Working Group on Cross-border Banking

Grupo de Trabajo sobre Banca Transnacional (del Comit de Basilea)

Working Group on Development Finance and Policy [Development Committee]

Grupo de Trabajo sobre Financiamiento y Poltica de Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1289

English Working Group on Harmonized Investment Definitions

Spanish Grupo de Trabajo para la Armonizacin de las Definiciones relativas a la Inversin

Working Group on Highly Leveraged Institutions [FSF]

Grupo de Trabajo sobre Instituciones Fuertemente Apalancadas

Working Group on IMF Corporate Governance

Grupo de Trabajo sobre el Gobierno Corporativo del FMI

Working Group on Insolvency Law [UNCITRAL]

Grupo de Trabajo sobre el rgimen de la insolvencia

Working Group on International Statistics Programs and Coordination [UN Statistical Office]

Grupo de Trabajo sobre programas de estadsticas internacionales y coordinacin

Working Group on Offshore Financial Centers [FSF]

Grupo de Trabajo sobre los Centros Financieros Offshore

Working Group on Transparency and Accountability [OECD; G-22]

Grupo de Trabajo sobre la Transparencia y la Responsabilidad

Working Group to Review the Process of Selection of the Managing Director [IMF]

Grupo de Trabajo para el Examen del Proceso de Seleccin del Director Gerente

working group working party

grupo de trabajo

working hypothesis

hiptesis de trabajo

working life

vida activa

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1290

English working paper

Spanish documento de trabajo

Working Party of the Group of African Governors African Working Party

Comisin de Trabajo del Grupo de Gobernadores Africanos. Grupo de Trabajo de los Gobernadores Africanos

Working Party on Export Credits and Credit Guarantees [OECD] Export Credit Group ECG

Grupo de Trabajo de la OCDE sobre Crditos y Garanta de Exportacin Grupo de Crdito a la Exportacin (de la OCDE)

Working Party on Facilitation of International Trade Procedures [ECE]

Grupo de Trabajo sobre facilitacin de los procedimientos de comercio internacional

Working Party on the Measurement of International Capital Flows [BPM5]

Grupo de Trabajo sobre la Medicin de las Corrientes Internacionales de Capital [MBP5]

Working Party on the Statistical Discrepancy in World Current Account Balances [IMF, BIS;EUROSTAT, OECD]

Grupo de Trabajo sobre la Discrepancia Estadstica en los Saldos Mundiales en Cuenta Corriente

working table

cuadro de trabajo

working-age population

poblacin en edad laboral poblacin en edad de trabajar

workpaper

documentos

worksheet [BPM5]

hoja de trabajo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1291

English workshop

Spanish trabajo prctico [IMF-INS] curso prctico prcticas seminario taller

work-to-rule campaign

operacin reglamento [Col.] trabajo a reglamento

World Bank Group WBG

Grupo del Banco Mundial

World Bank Institute WBI

Instituto del Banco Mundial

World Bank [World Bank Group] WB

Banco Mundial

World Commission on Environment and Development WCED Brundtland Commission

Comisin Mundial del Medio Ambiente y del Desarrollo Comisin Brundtland

World Confederation of Labour WCL

Confederacin Mundial del Trabajo CMT

World Confederation of Teachers WCT

Confederacin Sindical Mundial de la Enseanza CSME

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1292

English World Conference on Disaster Reduction WCDR

Spanish Conferencia Mundial sobre la Reduccin de los Desastres Naturales

World Conference on Education for All

Conferencia Mundial sobre Educacin para Todos

World Conference on Religion and Peace WCRP

Conferencia Mundial de la Religin para la Paz

World Conference on the Sustainable Development of Small Island Developing States

Programa de Accin para el desarrollo sostenible de los pequeos Estados insulares en desarrollo

World Conference on Women: Action for Equality, Development and Peace [UN]

Conferencia Mundial sobre la Mujer: Accin para la Igualdad, el Desarrollo y la Paz

World Conference on World Peace through Law [IBRD]

Conferencia Mundial sobre la Paz Mundial Mediante el Derecho

World Council of Churches

CMI Consejo Mundial de Iglesias

world current account statistical discrepancy world current account discrepancy

discrepancia estadstica en los saldos mundiales en cuenta corriente

World Customs Organization WCO

Organizacin Mundial de Aduanas OMA

World Declaration on the Survival, Protection and Development of Children [UN]

Declaracin Mundial sobre la Supervivencia, la Proteccin y el Desarrollo del Nio

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English World Development Report [World Bank] WDR

Spanish Informe sobre el desarrollo mundial

World Economic and Financial Surveys

Estudios de la economa y las finanzas mundiales

World Economic and Market Developments [IMF] WEMD

Evolucin de la economa y los mercados mundiales [ttulo no oficial]

World Economic Forum

Foro Econmico Mundial

World Economic Outlook database [IMF]

base de datos de Perspectivas de la economa mundial

World Economic Outlook Update WEO Update

Actualizacin de las Perspectivas de la economia mundial

World Economic Outlook [IMF] WEO

Perspectivas de la economa mundial Perspectivas

World Economic Studies Division [RES/WO]

Divisin de Estudios Econmicos Internacionales

World Environment Institute WEI

Instituto Mundial del Medio Ambiente

World Faiths Development Dialogue [IBRD] WFDD

Dilogo sobre el Desarrollo entre las Religiones del Mundo Dilogo Interreligioso para el Desarrollo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1294

English World Federation of Trade Unions WFTU

Spanish Federacin Sindical Mundial FSM

World Federation of United Nations Associations [UN] WFUNA

Federacin Mundial de Asociaciones pro Naciones Unidas FMANU

World Food Council [FAO] WFC

Consejo Mundial de la Alimentacin

World Food Programme [UN-FAO] WFP

Programa Mundial de Alimentos

World Health Organization WHO

Organizacin Mundial de la Salud OMS

World Institute for Development Economics Research WIDER

Instituto Mundial de Investigaciones de Economa de Desarrollo WIDER

World Intellectual Property Organization WIPO

Organizacin Mundial de la Propiedad Intelectual OMPI

world market price world price

precio del mercado mundial precio mundial

World Medical Association WMA

Asociacin Mdica Mundial AMM

World Meteorological Organization WMO

Organizacin Meteorolgica Mundial OMM

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English World Peace Council WPC

Spanish Consejo Mundial de la Paz CMP

World Peace through Law Center

Centro para la Paz Mundial Mediante el Derecho

World Summit for Children [UNICEF]

Cumbre Mundial en favor de la Infancia

World Summit for Social Development Copenhagen Summit Social Summit

Cumbre Mundial sobre Desarrollo Social Cumbre de Copenhagen Cumbre social

World Summit on Sustainable Development Johannesburg Summit Earth Summit 2002

Cumbre Mundial para el Desarrollo Sostenible Cumbre Mundial de las Naciones Unidas para el Desarrollo Sostenible

World Tourism Organization WTO

Organizacin Mundial del Turismo OMT

World Trade Center

Centro Mundial del Comercio

World Trade Organization WTO

Organizacin Mundial del Comercio OMC

World Wide Fund for Nature WWF World Wildlife Fund

Fondo Mundial para la Naturaleza

worse-policies scenario [WEO] worst-policies scenario pessimistic scenario

escenario de medidas de poltica desfavorables

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1296

English worst case scenario pessimistic scenario

Spanish escenario pesimista escenario ms desfavorable marco hipottico pesimista marco hipottico ms desfavorable

write an option

emitir una opcin vender una opcin

write down (an asset)

reducir el valor en libros castigar contablemente

write off (an asset) charge off

pasar a prdidas y ganancias cancelar en libros amortizar una deuda incobrable cancelacin contable traslado a prdidas y ganancias

write off debt

condonar la deuda

write-down

castigo contable reduccin del valor en libros

write-off of intangibles

depreciacin de factores intangibles

write-off of R&D expenditure

amortizacin total de gastos de investigacin y desarrollo

write-off value write-off amount write-off

valor pasado a prdidas y ganancias valor incobrable amortizado valor cancelado en libros

written-down cost of production

costo de produccin descontado

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English X-axis

Spanish eje de las X, de abscisas abscisas

X-efficiency theory

eficiencia X, teora de la X eficiencia, teora de la

Y2K compliant Y2K compliance

adaptado al ao 2000 adaptacin al ao 2000

Y2K Facility

servicio de financiamiento para el problema informtico del 2000

Y2K problem millennium bug year 2000 bug

problema del ao 2000 efecto 2000 problema del A2K

Yankee bond

bono yanqui

Yaound [Cameroon]

Yaund

Y-axis

eje de las Y, de ordenadas ordenadas

yearly rate

tasa anual elevado a tasa anual

year-on-year change

variacin en relacin con igual perodo del ao anterior variacin interanual variacin de un ao al otro

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

Page1298

English year-to-year basis, on a year-on-year basis, on a y/y

Spanish interanual de un ao a otro

yellow box [CAP; WTO]

caja mbar

yield

rendimiento financiero rentabilidad financiera

yield curve term structure of interest rates interest rate structure term structure

curva de rendimientos estructura de las tasas de inters

yield on currencies

rendimiento de las monedas rendimiento de las tenencias en monedas

yield on the SDR

rendimiento del DEG

yield to maturity YTM redemption yield

rendimiento al vencimiento

Yugoslavia

Yugoslavia

Z-axis

eje de las Z

zero base budget [IMF] ZBB zero-based review

presupuesto base cero presupuesto en base cero

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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English zero bound

Spanish lmite cero

zero growth

crecimiento cero crecimiento nulo

zero mean

esperanza matemtica nula media cero

zero rate [VAT, tariffs]

tasa cero

zero saving

ahorro nulo ahorro igual a cero

zero-coupon bond

bono de cupn cero bono cupn cero

zeroing [WTO]

reduccin a cero

zero-sum game

juego de suma cero

zonal sampling

muestreo por zonas

zoning laws zoning regulations

reglamentos de zonificacin leyes de urbanismo reglamentos de urbanismo

IMFGlossaryWEBApril2013EnglishSpanish The data herein may not be disseminated in any form without prior written permission of the IMF.

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