Primary financial statements and Reserves: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Make 'primary' explicit.) |
imported>John Grout (To add the banking use of the term) |
||
| Line 1: | Line 1: | ||
'' | ''Accounting''. | ||
This represents the amount of money ‘owed’ to the owner (shareholder) of the company. | |||
''Banking'' | |||
Deposits maintained by non-[[central bank]] [[monetary financial institution]]s with their central bank in the latter's capacity as "the bankers' bank". Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as "excess reserves". Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this. | |||
== See also == | |||
* [[Merger reserve]] | |||
* [[Official reserves]] | |||
==See also== | * [[Special drawing rights]] | ||
* [[ | * [[Interest on excess reserves]] | ||
* [[ | |||
* [[ | |||
* [[ | |||
Revision as of 12:20, 3 August 2014
Accounting.
This represents the amount of money ‘owed’ to the owner (shareholder) of the company.
Banking
Deposits maintained by non-central bank monetary financial institutions with their central bank in the latter's capacity as "the bankers' bank". Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as "excess reserves". Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this.
