Examlex
When a promisor's performance is an express condition of the promisee's duty to perform,that performance must meet a strict performance standard.
United States Treasury Securities
Debt securities issued by the U.S. government to fund its budget deficits and manage the national debt.
Open Market
A venue where buyers and sellers engage in the trade of commodities, securities, and other financial instruments under defined regulations.
Reserve Ratio
The fraction of deposits that banks are required to keep on hand as reserves, determined by central banking authorities.
Deposit Expansion Multiplier
The ratio that describes the potential increase in money supply through the banking system via fractional reserve banking.
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