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Liquid and Riskless
Refers to assets that can be easily converted to cash without significant loss of value and carry minimal risk of loss.
Board of Governors
The leading body of a central bank or other regulatory institution, responsible for overseeing the management and operations.
Fed
Short for the Federal Reserve, which is the central banking system of the United States responsible for monetary policy.
District Banks
Components of the Federal Reserve System, each serving a specific geographic area in the United States, involved in banking regulation and policy implementation.
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