e/Unidad de Fomento

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has glosseng: The Unidad de Fomento (UF) is a Unit of account that is used in Chile. The exchange rate between the UF and the Chilean peso is constantly adjusted to inflation so that the value of the Unidad de Fomento remains constant. It was created on January 20, 1967, for the use in determining principal and interest in international secured loans for development, subject to revaluation according to the variations of inflation. Afterwards it was extended to all types of bank loans, private or special financing, purchases or investments on installments, contracts, and some special situations. Also it is used in legal standards such as the par value of stock/capitalization of companies, fines, etc. It has become the preferred and predominant measure for determining the cost of construction, values of housing and any secured loan, either private or of the Chilean government. Individual payments are made in Chilean pesos (the country's legal tender), according to the daily value of the UF.
lexicalizationeng: Unidad de Fomento
instance ofc/Currency
Meaning
German
has glossdeu: Die Unidad de Fomento (Plural Unidades de Fomento, Abkürzung UF) ist eine in Chile verwendete Rechnungswährung, deren Wechselkurs zum Peso permanent an den Inflationsindex IPC (Índice del Precio al Consumidor - Verbraucherpreisindex) angepasst wird. Dadurch bleibt der Wert (die Kaufkraft) einer Unidad de Fomento im Zeitverlauf konstant, während er nominell gegenüber dem Peso üblicherweise aufwertet (kann jedoch Saison- oder Rezessionsbedingt abwerten).
lexicalizationdeu: Unidad de Fomento
Castilian
has glossspa: La Unidad de Fomento (UF) es una unidad de cuenta reajustable de acuerdo con la inflación, usada en Chile. Su código ISO 4217 es CLF. Fue creada por el Decreto Nº 40 del 20 de enero de 1967, siendo su principal y original uso en los préstamos hipotecarios, ya que era una forma de revalorizarlos de acuerdo con las variaciones de la inflación. Uso
lexicalizationspa: Unidad de Fomento

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