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Even when conciliation is voluntary, parties prefer to exhaust this process before choosing or being forced into another type of third-party intervention. Why?
Reserve Requirement Ratio
The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not used for loans.
Checkable Deposits
Deposits in bank accounts that can be withdrawn using checks, debit cards, or digital transactions, comprising a significant part of the money supply.
Required Reserves
are the minimum amounts of funds that banks must hold in reserve against deposits, as mandated by central banks.
Federal Funds Target Rate
The interest rate at which banks and credit unions lend reserve balances to other depository institutions overnight, guided by the Federal Reserve.
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