Examlex
Falling crop prices and soil exhaustion spurred many residents from the Carolinas and Virginia to migrate to the Old Southwest.
Actual Reserves
The total amount of funds or commodities a bank holds at a given time, including both required and excess reserves.
Required Reserves
The minimum amount of funds that a bank is required to hold in reserve against deposits made by customers, as mandated by regulatory authorities.
Required Reserve Ratio
The fraction of deposits that banks are required to keep on hand as reserves, either in cash or as deposits with a central bank.
Checkable Deposits
Deposits in financial institutions that can be withdrawn by writing a check or using a debit card.
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