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fractional reserve banking

fractional reserve banking

banking system where bank holds reserves equal to fraction of deposit liabilities

en-US/ˈfɹækʃənəl ɹiˈzɝv ˈbæŋkɪŋ/

en-GB/ˈfɹækʃnəl ɹɪˈzɜːv ˈbæŋkɪŋ/

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