Reserve System

A system of banks, operating under supervision of advisory and regulatory agencies, provided by Act of Congress in 1913 for the purposes of promoting sound banking practices and facilitating a flow of credit and money essential to the economic growth of the country. 10 Am J2d Banks § 5. See Advisory Council; Governors of the Federal Reserve System; Reserve Act; reserve banks.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • reserve system — atsarginė sistema statusas T sritis radioelektronika atitikmenys: angl. duplicated system; reserve system vok. Redundanzsystem, n; reserviertes System, n rus. резервированная система, f; резервная система, f pranc. système à réserve, m; système… …   Radioelektronikos terminų žodynas

  • Federal Reserve System — Réserve fédérale des États Unis Réserve fédérale des États Unis Federal Reserve System Siège Washington, D.C. Création 23 décembre  …   Wikipédia en Français

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • Federal Reserve System — Federal Reserve System …   Deutsch Wikipedia

  • History of the Federal Reserve System — from its creation to the present. Central banking in the United States prior to the Federal Reserve The Federal Reserve System is the third central banking system in the United States history. The First Bank of the United States (1791 1811) and… …   Wikipedia

  • Federal Reserve System — a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling credit and the flow of… …   Universalium

  • Federal Reserve System — The central bank of the U.S., established in 1913, and governed by the Federal Reserve Board located in Washington, D.C. The system includes 12 Federal Reserve Banks and is authorized to regulate monetary policy in the U.S. as well as to… …   Financial and business terms

  • National Reserve System — Sample of Signage, within a Wet Tropics portion of National Reserve System Area > 89 million hect …   Wikipedia

  • Federal Reserve System — noun the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state chartered commercial banks and some trust companies the Fed seeks to control the United States economy by raising and… …   Useful english dictionary

  • Federal Reserve System — n. A network of twelve central banks established by the Federal Reserve Act in 1913 to oversee a national system of banking, including monitoring the money supply by holding cash reserves and issuing currency for circulation, overseeing the… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.