Central Liquidity Facility

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Definition: Central Liquidity Facility

Central Liquidity Facility

Quick Summary of Central Liquidity Facility

A government-owned corporation whose purpose is to accommodate credit unions by providing funds during unexpectedly illiquid times. This institution was established in 1979 and provides short or long-term funds to credit unions based upon their individual needs. Membership is voluntary.

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Synonyms For Central Liquidity Facility

CLF

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Definition Sources

Definitions for Central Liquidity Facility 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: 21st November, 2021 | 0 Views.