单词 | eligible paper |
释义 | eligible paper eligible paper1. Treasury bills, short-dated gilts, and any first-class security, accepted by a British bank or an accepting house and thus acceptable by the Bank of England for rediscounting, or as security for loans to discount houses. The Bank of England’s classification of eligible paper influences portfolios because of the ability to turn them into quick cash, and thus reinforces the Bank’s role as lender of last resort. eligible reserves Cash held in a US bank plus the money held in its name at its local Federal Reserve Bank. |
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英汉经管词典收录了6519条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。