Examlex
Under the common law of contracts,what is the legal status of an improperly dispatched acceptance that was sent by a means of communication that was nonauthorized by the offeror?
Federal Reserve District Banks
The 12 regional banks in the Federal Reserve System which oversee and regulate banking institutions within specific geographic areas of the US.
Discount Rate
The interest rate charged by central banks on loans to commercial banks or the rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.
Excess Reserves
The amounts of cash banks hold in their vaults or deposit at the central bank which exceed the regulatory requirements.
Money Supply
The entire financial capacity of an economy, taking into account cash, coins, and the amounts in both checking and savings accounts, at a specific point in time.
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