Examlex
A form of thermal cracking, __________, can occur when high and nonuniform thermal stresses develop over a relatively short period of time in a piece of equipment due to differential expansion and contraction.
Federal Funds Rate
The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposit account liabilities, as mandated by the central bank, to ensure bank liquidity.
Demand Deposits
Bank accounts that allow the holder to withdraw funds without advance notice, such as checking accounts.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against specified deposit liabilities, as dictated by the central bank's regulations.
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