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5 Cards in this Set
- Front
- Back
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Check clearing |
The process by which banks record whose account gives up money and whose account recieves money when a costumer writes a check |
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Bank holding company |
A company thatvows more than one bank |
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Federal funds rate |
Interest rate banks charge each other for loans |
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Discount rate |
Rate the federal reserve charges for loans to commercial banks |
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Net worth |
Total assets minus total loabilities |
