Cash Reserve Ratio

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Definition: Cash Reserve Ratio

Cash Reserve Ratio

Quick Summary of Cash Reserve Ratio

The percentage of a bank’s total monetary holdings that must be kept on hand in the form of actual currency. Under fractional-reserve banking, a bank may lend out any money deposited there, but must maintain on site the amount mandated by the cash reserve ratio.

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Synonyms For Cash Reserve Ratio

CRR

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Cash Reserve Ratio. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/cash-reserve-ratio/.
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Cash Reserve Ratio. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cash-reserve-ratio/ (accessed: April 19, 2024).
American Psychological Association (APA):
Cash Reserve Ratio. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cash-reserve-ratio/

Definition Sources

Definitions for Cash Reserve Ratio are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.