The Bank of England uses the term rest to describe the same concept. The Bank of England is the central bank of the United Kingdom, sometimes known as The Old Lady of Threadneedle Street or The Old Lady. The nearest London Underground station is Bank station. ...
Categories: Banking | Economics and finance stubs It has been suggested that International Monetary Fund gold reserve be merged into this article or section. ... The money base, or the monetary base is a government liability, currency and bank reserves. ...
Any national bank failing to signify its acceptance of the terms of this Act within the sixty days aforesaid, shall cease to act as a reserve agent, upon thirty days' notice, to be given within the discretion of the said organization committee or of the Federal Reserve Board.
A Federal Reserve Board is hereby created which shall consist of seven members, including the Secretary of the Treasury and the Comptroller of the Currency, who shall be members ex of ficio, and five members appointed by the President of the United States, by and with the advice and consent of the Senate.
Any Federal reservebank may discount acceptances which are based on the importation or exportation of goods and which have a maturity at time of discount of not more than three months, and indorsed by at least one member bank.
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