单词 | fractional reserve banking |
释义 | fractional reserve banking A banking system in which banks hold minimum reserves of cash or highly liquid assets equal to a fixed percentage of their deposit liabilities. The minimum percentage of reserves may be adopted voluntarily as a matter of commercial prudence, or required by law or convention. In either case the intention of minimum reserve requirements is to safeguard the ability of banks to meet their obligations. |
随便看 |
|
英汉经管词典收录了3426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。