look what I've B-cumm.
by alright alright it's me. March 23, 2005
Get the requiett mug.(FINANCE) the amount of bank reserves that a bank must keep in storage to meet unexpected liabilities.
Banks are not allowed to lend out 100% of the money they receive as deposits; if they did, then depositors would be unable to take money out of the bank. On the other hand, the bank has to lend most of the money out, since it needs the income earned from interest on loans. Throughout the history of the Usonian banking system, the US states or the federal government have had rules about interest rates, reserves, and financial accounting used by banks.
Reserve requirements are necessary to mitigate the risk of bank runs; this was thought to have disappeared thanks to deposit insurance, but Washington Mutual experienced a bank run in 2008 that forced it into receivership.
Banks are not allowed to lend out 100% of the money they receive as deposits; if they did, then depositors would be unable to take money out of the bank. On the other hand, the bank has to lend most of the money out, since it needs the income earned from interest on loans. Throughout the history of the Usonian banking system, the US states or the federal government have had rules about interest rates, reserves, and financial accounting used by banks.
Reserve requirements are necessary to mitigate the risk of bank runs; this was thought to have disappeared thanks to deposit insurance, but Washington Mutual experienced a bank run in 2008 that forced it into receivership.
In the USA, reserves have been set by law for centuries; as a percentage of liabilities, this percentage has declined over the centuries to its current level of 3-10% (as of 1992). In the Eurozone, this rate is 2%; in Japan, it is about 1.5%; and in Commonwealth countries like the UK & Canada, it is voluntary--there are no reserve requirements.
by Abu Yahya September 4, 2010
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Elements of the soul needed for pure existence. Includes Faith, Truth, Love, Brilliance, Peace, Harmony, Strength, Justice, Grace, Tranquility, Serenity, Confidence, Aestheticism, Heart, Hope, Charity, Health, Dexterity, Patience, Loyalty, Vitality, Familiarity, Intimacy, and Contentment.
by Prophetic Emcee November 24, 2003
Get the Essential Requisites mug.by Drew Clark September 25, 2006
Get the lubricant may be required mug.by spanky January 28, 2004
Get the system requirements mug.spanish for "will u go to bed with me tonight?" get the same reaction with soman, as with "voulez-vous coucher avec moi ce soir?"
the guy went to spain and asked this hot chick ¿requires va ir coma con mi? and got his ass chewed out by her.
by james short March 21, 2007
Get the ¿requires va ir coma con mi? mug.by Todd Bowles January 22, 2008
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