charlieh7247 charlieh7247

01-05-2018
Business

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What does a fractional reserve banking system mean?

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skuxxscholar skuxxscholar

01-05-2018

Fractional reserve banking is the practice where a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.

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happyface12 happyface12

09-11-2018

One that keeps only a small part of customers' deposits on hand

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