Group of Ten (G-10)
Definition
Wealthiest eleven member nations of the International Monetary Fund (Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, UK, and USA). These countries “stand ready to lend their currencies to the IMF up to specified amounts when supplementary resources are needed” under the 'General Arrangements to Borrow.' Although Switzerland became the eleventh member in 1994, the original name persists. Also called the Paris Club.
Group of Ten (G-10) is in the Banking, Commerce & Finance and Economics, Politics, & Society subjects.
Group of Ten (G-10) appears in the definitions of the following terms: group of twenty-four (G-24), London Club and Paris Club
This content can be found on the following page:
http://www.businessdictionary.com/definition/group-of-ten-G-10.html
email to a friend print this definition cite this definition