About The Word Reserve city
Learn about the word Reserve city to help solve your crossword puzzle. Discover Reserve city definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Reserve city
| Reserve city Definition And Meaning |
|---|
What's The Definition Of Reserve city?Synonyms | Synonyms for Reserve city: Related Terms | Find terms related to Reserve city: See Also | Reserve city In Webster's Dictionary \Reserve city\ (Banking)
In the national banking system of the United States, any of
certain cities in which the national banks are required (--U.
S. Rev. Stat. sec. 5191) to keep a larger reserve (25 per
cent) than the minimum (15 per cent) required of all other
banks. The banks in certain of the reserve cities
(specifically called {central reserve cities}) are required
to keep their reserve on hand in cash; banks in other reserve
cities may keep half of their reserve as deposits in these
banks (--U. S. Rev. Stat. sec. 5195).
|
More Crossword Puzzle Words
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Cross Word Of The Day
- Load-shedding ‐ cutting off the electric current on certain lines when the demand…
- Hydrokinetic ‐ relating to fluids in motion or the forces that produce or affect…
- Partial ‐ being or affecting only a part; not total; "a partial description…
- Profanely ‐ in an irreverent or profane manner; "he kept wondering profanely…
- Tanzanian ‐ a native or inhabitant of Tanzania [adj] of or relating to the…
- Antipodean ‐ relating to the antipodes or situated at opposite sides of the…
- Single-rotor helicopter ‐ a helicopter having a…
- Nobble ‐ disable by drugging, as of a race horse [v] of people [v] make…
- Keaton ‐ United States comedian and actor in silent films noted for his…
- Idealization ‐ a portrayal of something as ideal; "the idealization of rural…