What is the definition of Free reserves? | Dictionary.net

FREE RESERVES

\fɹˈiː ɹɪsˈɜːvz], \fɹˈiː ɹɪsˈɜːvz], \f_ɹ_ˈiː ɹ_ɪ_s_ˈɜː_v_z]\

Definitions of FREE RESERVES

1910 - Black's Law Dictionary (2nd edition)

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Free reserves level in an economy indicates available bank credit. Bank's funds in excess of required monies under the Fractional Reserve System. Excess is available for lending or investment.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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