Tag: reserve

DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....

DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every...

What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in...

DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...

What is the U.S. Treasury The United States Department of the Treasury is the national treasury of the United States federal government. It was established...

What is Lead Bank and how does it work A lead bank is a financial institution that acts as the coordinator for a syndicated loan....

What is Last In, First Out (LIFO)? LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...

DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....

Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...

What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...