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Deposits Reserve
Funds that banks are required to hold in reserve, either in their vaults or at a central bank, as a safeguard against bank runs and to ensure liquidity.
Greenbacks
A term historically used to refer to paper currency issued by the United States during the Civil War, recognized by their green coloring.
Gold Standard
A monetary system in which the value of a country's currency is directly linked to gold, ensuring stability and trust in the currency.
Time Deposits
A financial product provided by banks that offers a higher interest rate in exchange for keeping a specified amount of money untouched for a predetermined period.
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