General Arrangements to Borrow(redirected from General Agreements to Borrow)
General Arrangements to Borrow
Also called the GAB. A collective agreement between the nations of the G-10 and the International Monetary Fund in which the G-10 members lend a certain amount of capital. The IMF utilizes the funds of the GAB when its normal funds fall short of its borrowers' needs. See also: New Arrangements to Borrow.