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Glossary
Glossary of the 1993 SNA - Definition of Term
Term
Monetisation (of gold)
Definition
If authorities add to their holdings of monetary gold by acquiring commodity gold, i.e. newly mined gold or existing gold offered on the private market, they are deemed to have monetised gold.
Paragraphs
11.65.
It is acknowledged that this glossary uses descriptions of the
OECD glossary of statistical terms
, the
Glossary of the System of National Accounts 1993
and the
UN classifications registry
.
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