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Meaning of miniband | Babel Free

Noun CEFR B2

Definitions

  1. A short loop of nucleic acid
  2. A periodic structure within a superlattice
  3. 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.
  4. Alternative spelling of mini band (“shorter resistance band”).
    alt-of, alternative

Examples

“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.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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