Examlex
All of the following represent enhancements created by the creation of Web 2.0 EXCEPT:
Federal Funds Market
A financial market that allows banks to borrow and lend excess reserves to one another, usually overnight, at an interest rate called the federal funds rate.
Short-Term Loans
Short-term loans are borrowing options designed to be repaid within a short period, typically less than a year, used by individuals or businesses for immediate financial needs.
Excess Reserves
The amount of reserves that a bank holds in excess of the minimum reserve requirements set by central banking authorities.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by a central banking authority.
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