Examlex
Which of the following terms refers to the percentage of its deposits a bank must hold,in cash or on deposit,with a Federal Reserve bank?
Institutionalized
The process of embedding something, such as a concept, practice, or societal norm, into an organization, social system, or society as a whole.
Void
A legal term indicating that a contract or action is invalid and has no legal effect.
Emancipation
The termination of a parent’s right to control a child and receive services and wages from him or her.
Formal Agreement
A legally binding contract or document that explicitly outlines the terms and conditions agreed upon by the parties.
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