Examlex
Even though parks in developing countries have the greatest biodiversity, only about ____________________% of them are protected.
Lender of Last Resort
An institution, usually a country's central bank, which offers loans to banks or financial institutions that are struggling to survive in order to prevent systemic failure.
Federal Reserve System
The central banking system of the United States, responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing banking services.
Fractional Reserve System
The fractional reserve system is a banking system in which banks hold reserves that are less than the amount of their customers' deposits, allowing them to lend or invest the remainder to earn interest.
Interest-Rate Ceilings
Caps set on the interest rate that can be charged on loans, often to protect consumers from excessively high rates.
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