Canadian French Meaning of reserve city

ville de réserve

Other Canadian French words related to ville de réserve

No Synonyms and anytonyms found

Definitions and Meaning of reserve city in English

Webster

reserve city ()

In the national banking system of the United States, any of certain cities in which the national banks are required (U. S. Rev. Stat. sec. 5191) to keep a larger reserve (25 per cent) than the minimum (15 per cent) required of all other banks. The banks in certain of the reserve cities (specifically called central reserve cities) are required to keep their reserve on hand in cash; banks in other reserve cities may keep half of their reserve as deposits in these banks (U. S. Rev. Stat. sec. 5195).

FAQs About the word reserve city

ville de réserve

In the national banking system of the United States, any of certain cities in which the national banks are required (U. S. Rev. Stat. sec. 5191) to keep a large

No synonyms found.

No antonyms found.

reserve bank => Banque centrale, reserve assets => Actif de réserve, reserve account => Compte de réserve, reserve => réserve, reservatory => réservoir,