Business, Legal & Accounting Glossary
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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Cash Reserve Ratio are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.