that eligible depository institutions, such as banks, obtain by borrowing from
the Federal Reserve in order to meet minimum reserve requirements. Typically,
reserves are borrowed only for a short period of time.
"borrowed reserves." YourDictionary, n.d. Web. 05 December 2018. <https://www.yourdictionary.com/borrowed-reserves>.
borrowed reserves. (n.d.). Retrieved December 05th, 2018, from https://www.yourdictionary.com/borrowed-reserves
Yes, I'd like to receive Word of the Day emails from YourDictionary.com
By continuing, you agree to our
Please set a username for yourself.
People will see it as Author Name with your public flash cards.