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Related Definitions
Secondary reserves Secondary reserves are the short-term U.S. government and agency securities held by banks.
Legal reserves Legal reserves is the assets that by law must be held behind bank’s deposits or other designated liabilities; in the United States, these assets consist of vault cash and deposits at the Federal Reserve Bank.
Equity reserves Equity reserves is the type of bank capital representing funds set aside for contingencies such as losses on assets, legal action against
Required reserves Required reserves is the reserves that are held to meet the Fed’s requirement that for every dollar of deposits at a bank, a certain fraction must be kept as reserves.
Reserves claimant Reserves claimant is the right as a stockholder to receive whatever remains after all other claims against the firm’s assets have been satisfied.
International reservesis International reservesis the central bank holdings of assets denominated in foreign currencies.
Excess reserves Excess reserves is the reserves in excess of required reserves.
Borrowed reserves Borrowed reserves is a bank’s borrowings from the Fed.
Official Reserves Account The Official Reserves Account is the total reserves held by official monetary authorities within the country. These reserves are normally composed of the major ...
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