Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “dirty float”

dirty float

noun [C]
 
 
ECONOMICS, FINANCE
a situation in which the value of a country's currency is allowed to change in relation to others, but is controlled by the government's central bank to keep it within a particular range: In our current international financial arrangement, called a dirty float, exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies.
(Definition of dirty float from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of dirty float?
Add Cambridge dictionaries to your browser to your website

Word of the Day

piglet

a baby pig

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More