Reserves: Difference between revisions
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imported>Doug Williamson m (Added space between accounting and banking header and added category) |
imported>Doug Williamson (Update entry: Added Reserve requirements to see also) |
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* [[Special drawing rights]] | * [[Special drawing rights]] | ||
* [[Interest on excess reserves]] | * [[Interest on excess reserves]] | ||
* [[Reserve requirements]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Revision as of 16:28, 14 January 2015
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.
