Sterilization

(redirected from sterilizes)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to sterilizes: sterilizable

Sterilization

A method by which a central bank may affect the value of the domestic currency relative to a foreign currency. To weaken the domestic currency, sterilization involves selling the domestic currency on the forex market and buying the foreign currency. This increases the supply of the domestic currency, while reducing the supply of the foreign. To strengthen the domestic currency, sterilization involves the opposite. A central bank usually conducts sterilization to counteract adverse changes to the domestic currency in foreign exchange markets.
References in periodicals archive ?
Liesner said, "What's more important, we are the only firm whose process sterilizes 100 percent of bio-hazardous and infectious waste 100 percent of the time.
The Cellular Infusion Device is a key component of LifeTECH's Sterizone(TM) System which sterilizes blood, blood products and other biological fluids.
This technology is a key component of LifeTECH's Sterizone(TM) System, which sterilizes blood, blood products and other biological fluids.