monetary income

Get Babylon's Translation Software! Free Download Now!
Babylon 8 - Your all-in-one solution
Award winning translation software trusted by millions. Translate from any language to any language.
View Demo


European Central Bank DictionaryDownload this dictionary
monetary income
Income accruing to the euro area NCBs in the performance of the Eurosystem’s monetary policy function, derived from assets earmarked in accordance with guidelines established by the Governing Council and held against banknotes in circulation and deposit liabilities to credit institutions.
See also:
 earmarking system    

Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

Define monetary income

Translate monetary income