Examlex
Banks can borrow reserves from each other through:
Fair Value
The amount one would expect to obtain from selling an asset or the cost to transfer a liability in a smooth transaction among market players as of the valuation date.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
Preference Shares
A type of stock that provides holders with priority over common stockholders in the distribution of dividends and assets upon liquidation.
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