Definition of Sterling Area in English :
Define Sterling Area in English
Sterling Area meaning in English
Meaning of Sterling Area in English
Pronunciation of Sterling Area in English
Sterling Area pronunciation in English
Pronounce Sterling Area in English
Sterling Area
see synonyms of sterling areaNoun
1. scheduled territories, sterling area, sterling bloc
the group of countries whose currencies are tied to the British pound sterling
WordNet Lexical Database for English. Princeton University. 2010.
Sterling Area
see synonyms of sterling areanoun
(formerly)
a group of mainly Commonwealth countries that used sterling as a medium of international payments and sometimes informally as a currency against which to peg their own currencies. For these purposes they deposited sterling balances and held gold and dollar reserves in the Bank of England
. Also called: sterling bloc, scheduled territoriesCollins English Dictionary. Copyright © HarperCollins Publishers
Sterling Area
see synonyms of sterling area an association of countries that peg the value of their currencies to that of the British pound sterling, as esp. between 1931 and 1972
: also sterling blocWebster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.