Examlex
Which of the following doesn't belong with the others?
Loans
Money or items of value provided to a borrower with the expectation of future repayment plus interest.
Federal Funds Market
A financial market that allows banks to borrow and lend excess reserves to one another, usually overnight, at an interest rate called the federal funds rate.
Short-Term Loans
Short-term loans are borrowing options designed to be repaid within a short period, typically less than a year, used by individuals or businesses for immediate financial needs.
Excess Reserves
The amount of reserves that a bank holds in excess of the minimum reserve requirements set by central banking authorities.
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