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sterling area
(redirected from The Sterling Area)

   Also found in: Wikipedia 0.01 sec.
sterling area
n
(Economics, Accounting & Finance / Banking & Finance) a group of countries that use sterling as a medium of international payments and sometimes informally as a currency against which to peg their own currencies. For these purposes they deposit sterling balances and hold gold and dollar reserves in the Bank of England Also called sterling bloc scheduled territories
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.sterling area - the group of countries whose currencies are tied to the British pound sterling
bloc, axis - a group of countries in special alliance
Translations
sterling area
nSterlinggebiet nt, → Sterlingblock m
sterling area n (Fin) → area della sterlina


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She was a real estate broker for many years in the Sterling area.
Mr Kelly added: Action is essential to protect existing employment, maintain Ireland as a competitive exporting economy and to recognise the realities of our relationship with the sterling area.
The newly independent countries of East Africa remained part of the Sterling Area (i.
 
 
 
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