miniband en · NOUN
Etymology
From mini- + band.
Meanings
- A short loop of nucleic acid.
- A periodic structure within a superlattice.
-
A small percentage of the value of a currency by which it is allowed to fluctuate in a single day, as part of a policy to stabilize the currency.
Over short horizons, the exchange rate has followed a crawling peg surrounded by a “miniband,” but for long horizons, superimposed on the crawling peg, there has also been an official “maxiband” with a fixed (non-crawling) central rate, floor, and ceiling.
1998, José M. Campa, P.H. Kevin Chang, James F. Refalo, An Options-based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994–9 (Centre for Economic Policy Research London: Discussion paper series; 2611), Centre for Economic Policy Research, page 2:
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(alt-of, alternative) Alternative form of mini band (“a shorter resistance band”).
alt of mini band
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| minibands | Number=Plur | lexicographic |