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
- Compliant ‐ disposed or willing to comply; "children compliant with the parental…
- Hafnium ‐ a gray tetravalent metallic element that resembles zirconium…
- Wintertime ‐ the coldest season…
- Execution of instrument ‐ (law) the completion of a legal instrument (such as a contract…
- Insight ‐ grasping the inner nature of things intuitively [n] clear or…
- Festoonery ‐ flower chains suspended in loops…
- Intermeshed ‐ caught as if in a mesh; "enmeshed in financial difficulties"…
- Scratch ‐ an indication of damage [n] poor handwriting [n] a harsh noise…
- English hawthorn ‐ thorny Eurasian shrub of small tree having dense clusters of…
- Graphical ‐ written or drawn or engraved; "graphic symbols" [adj] relating…