Money and Banking: An Introduction to the Financial System |
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Page 114
... checks as the means of effecting payments . Deposit Ownership Table 6-4 classifies deposits held in commercial banks ... checks , traveler's checks and cash letters of credit in the amount of $ 3.8 billion . b Includes deposits owned by ...
... checks as the means of effecting payments . Deposit Ownership Table 6-4 classifies deposits held in commercial banks ... checks , traveler's checks and cash letters of credit in the amount of $ 3.8 billion . b Includes deposits owned by ...
Page 252
... checks drawn against de- mand deposits . When the recipient of the check endorses it and deposits it in his bank , his deposit account is credited , and his bank possesses a check drawn on another bank . In addition to cash items like ...
... checks drawn against de- mand deposits . When the recipient of the check endorses it and deposits it in his bank , his deposit account is credited , and his bank possesses a check drawn on another bank . In addition to cash items like ...
Page 283
... checks to two full business days for checks drawn on banks in distant parts of the country . In practice , the time interval set in the deferred availability sched- ule is generally shorter than the actual time required to collect a check ...
... checks to two full business days for checks drawn on banks in distant parts of the country . In practice , the time interval set in the deferred availability sched- ule is generally shorter than the actual time required to collect a check ...
Contents
Money and Economic Activity | 3 |
Monetary Systems | 25 |
The American Monetary System | 40 |
Copyright | |
27 other sections not shown
Common terms and phrases
amount assets bank's bankers banking system billion bills Board of Governors borrowing branch banking cash central bank changes Chaps checks circulation commercial banks commodity consumption Corporation debt demand deposits deposit account depositors discount dollar economic activity effect equilibrium excess reserves exchange rates expansion expenditures exports factors Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve System finance foreign exchange funds gold standard government securities hold important increase inflation institutions interest rates issues lending level of income liabilities liquidity loans and investments member bank reserve ment monetary policy monetary stock money market national bank open-market operations output payments percent period price level production propensity to consume purchases quantity theory rate of interest reduce Reserve authorities reserve balances reserve position reserve requirements rise savings short-term silver stability stock of money supply tion trade transactions Treasury currency volume York