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How frequent is physical punishment of young children in most parts of the world?
Ownership Transfer
The process by which the legal rights to an asset are transferred from one party to another, often involving formal documentation.
Fractional Reserve Banking
A banking system in which only a fraction of bank deposits are backed by actual cash on hand and available for withdrawal, enabling banks to lend out more money than they hold.
Federal Reserve Banks
The 12 regional banks that, along with the Board of Governors, make up the Federal Reserve System, serving as the central banking system of the United States.
Paper Currency
Money in the form of banknotes, issued by the government or central bank as legal tender.
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