term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
Fractional Reserve Banking
Banks keep only a fraction of their outstanding deposits as cash in reserve against these deposits
Bank owes more money than it can pay out at short notice
Cash reserve
Cash held by fractional Reserve bank in order to fulfil its potential cash obligations due to its deposit liabilities.
Bank reserve
Free Reserves
Reserve which a bank can afford to lose without jeopardising it's ability to pay back its deposits or other obligations should they arise
Romeo wa nkolota situation
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!