Examlex
The _____ function calculates the sum of the numeric values in a node set.
Reserve Requirement
The minimum amount of reserves that a bank must hold against its deposits, as mandated by central banking authorities to ensure liquidity.
Discount Rate
The rate of interest applied to loans given to commercial banks and other financial institutions by their local Federal Reserve Bank's credit facility.
Reserves
refers to funds or materials set aside or saved for future use or emergencies, often in the context of banking or natural resources.
Checkable Deposits
Bank account balances that can be accessed using checks, debit cards, or electronic means to make payments directly.
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