Bank for International Settlements

(ECONOMICS) Bank for central banks. It takes deposits from central banks and provides financial services, including underwriting bills of exchange. It is based in Basle, Switzerland and was founded in May 1930, for the purpose of facilitating reparations payments by Germany to the Allies.

The BIS also provides a forum for international coordination of monetary policy, conducts financial research, and acts as an agent or trustee for international financial settlements. About 140 central banks and international financial institutions have deposits with the BIS. As of June 2010, currency deposits totaled approximately $303 billion dollars, or about four percent of world foreign exchange reserves.

The Bank for International Settlements (BIS) was created by the Dawes/Young Plan for coordinating the transfer of billions of Reichsmarks in reparations from Germany to the Allied powers after WW1. Almost at one, the BIS switched to managing international transactions of gold or hard currency. It also facilitated financial transactions between the Nazi regime and neutral countries during the War.

The BIS provides a very wide variety of specialized services, including underwriting and arbitration in fiduciary disputes.

by Primus Intra Pares July 19, 2010

Mono-functional settlement

A settlement is where there is only one main industry.

A mono-functional settlement example is a cattle station.

by Kcirvam March 14, 2012

fort settlement middle school

Fresh
Outta
Real
Timberland

Succ
Eat
Timbs
Timbs
Litty
Moisturized
Edible ass
Nibba
Timbs

Master
Iyah
Duuuudr
Darkus
Litty
Eat ass

Snack
Cult
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Oooooh
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Likr oh my god im so stressed dear god nothing helps anymore jeez ehats the pijnt of living like we learn how to make money to work towards the goal of not having tooo h

Fort settlement middle school

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by hntfyhjrdthtfhgnthgjtfg May 5, 2018

Fetish Settlement

When someone who has a racial fetish settles for a less attractive person of said race because it appeases their fantasies of the race.

Emma really likes kpop, that's why she's dating the only asian guy in school Tim. Tim isn't attractive but Emma likes that he's asian, that is why he is considered her fetish settlement boyfriend.

by blandalfredo May 23, 2022

Settlement

The one thing Preston Garvey would force you to help while you're finding your long lost son.

"A settlement needs your help, I'll mark it on your map."

-Preston Gravy

by Preston Gravy January 20, 2023

city-type settlement

Russian classification of a settlement. Granted if a settlement has no lesser than 3 thousand people 1.5 thousand in northern regions, has ongoing infrastructure works school, hospital, apartment blocs, cultural institutions and no less than 85% of the settlement's population are employed in non-agricultural positions. Most commonly shortened into CTT.

city-type settlement Progress, Amur Oblast, Russia

by tie_advanced1 September 4, 2025

Israeli Settlements

Contrary to popular belief Israeli settlements aren't illegal. They are just indigenous jewish settlements built on indigenous jewish land. The Arabs are the real settlers.

Calling Israeli Settlements in West Bank as illegal settlements is same as calling Native American reservations in USA as illegal settlements.

by Zionistman42069 November 23, 2024