Excess reserves (超额准备金)

Excess reserves (超额准备金 chāo é zhǔnbèi jīn) refers to the cash held by a bank or financial institution that exceeds the reserve requirement set by the authority.

Excess reserves (超额准备金 chāo é zhǔnbèi jīn) word examples:

  1. Interest rate on required reserves (IORR rate) (法定准备金利率 fǎdìng zhǔnbèijīn lìlǜ).
  2. Excess reserves of depository institutions (存款机构超额准备金 cúnkuǎnjīgòu chāoé zhǔnbèijīn).
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