Meaning of “bank reserves” in the English Dictionary

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"bank reserves" in Business English

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bank reservesnoun [ plural ]


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)