Examlex
Which of the four interest rate components had the smallest average percentage in the period from 1950-1999?
Deposits
Deposits involve placing funds into a bank account or other financial institution for safekeeping, often earning interest over time.
Overdraft
A payment by a bank on behalf of a customer for more than the customer has on deposit.
Agent
A person authorized to act on behalf of another and subject to the other’s control in dealing with third parties.
Depository Bank
A financial institution where deposits are made, held, and managed; also facilitates financial transactions for clients.
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