Italian Meaning of reserve city

città di riserva

Other Italian words related to città di riserva

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

città di riserva

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 => Banca centrale, reserve assets => Attività di riserva, reserve account => Conto di riserva, reserve => riserva, reservatory => bacino idrico,