Examlex
In programs based on restorative justice, admissions of guilt can be used as evidence in any later legal proceedings.
Fed
Short for the Federal Reserve System, which is the central banking system of the United States responsible for monetary policy.
Government Securities
Debt instruments issued by a government to finance its expenditures, offering a return to investors.
Simple Money Multiplier
The reciprocal of the required reserve ratio, or 1/r; the maximum multiple of fresh reserves by which the money supply can increase.
Required Reserve Ratio
The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not to be used for loans.
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