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Lombroso identified three major types of criminals. Name these criminal types, describe their purported features, and how they contributed to criminal behavior. What led to the demise of Lombroso's categorization?
Original Maturity
The initial fixed period for which a financial instrument, such as a bond or loan, is issued before it is due for repayment.
Required Reserves
The least amount of money that a bank is required to keep on hand as a safeguard for deposits, in compliance with the rules set by central bank authorities.
Demand Deposits
Bank account funds that are available on demand without any delay or penalties, like those in checking accounts.
Excess Reserves
The reserves held by a bank in excess of the minimum reserve requirements set by central banking authorities.
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