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English definition of “bank reserves”

bank reserves

noun [plural]
 
 
ECONOMICS, BANKING
an amount of money equal to a percentage of their total deposits (= money put into a bank) that banks must have available for customers to take out: US Federal Reserve officials are relying on interest paid on bank reserves to help stem inflation once the economy stabilizes.
(Definition of bank reserves from the Cambridge Business English Dictionary © Cambridge University Press)
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