Fed funds and Opex: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Added 1 lines space before see also 12/3/14)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
Line 1: Line 1:
''US Banking''.
'''Op'''erating '''Ex'''penditure.


Funds deposited by commercial banks at Federal Reserve Banks, including funds in excess of bank reserve requirements.  
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.


Banks may lend federal funds to each other on an overnight basis at the federal funds rate to help the borrowing bank satisfy its reserve requirements or liquidity needs.
Opex is contrasted with capital expenditure ('capex').




== See also ==
== See also ==
* [[Federal Reserve Bank]]
* [[Capitalise]]
* [[Federal Reserve System]]
* [[Capital expenditure]]
* [[Expenditure]]
* [[Revenue expenditure]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also