Free reserves

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Free reserves

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Free Reserves

Bank reserves over and above a bank's reserve requirements, less the amount it has borrowed from the Federal Reserve. That is, free reserves are extra cash a bank keeps in liquid assets (that is, what it does not loan out) beyond its legal requirement, minus what it must repay.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Jason Sterr is the mild-mannered executive officer for the Air Free Reserve's 514th Air Mobility Wing at Joint Base McGuire-Dix-Lakehurst, New Jersey.
The Federal Reserve's Attachment to the Free Reserve Concept.
If sediment settles at bottom oil, pour off oil and discard sediment Strain oil again and repeal until mostly sediment free Reserve at room temperature.
He also said the stimulus package had become necessary after banks exhausted subsidized loans by utilizing free reserve requirements.
* Near about 60 percent of the companies go for buy back to return its supply cash to shareholder because of extra free reserve and satisfactory liquidity and no immediate need of money because of lack of profitable opportunity .
pounds 10 upgrade: chance to be a mascot, free reserve match entry, Christmas and birthday card
In case of partnership,the percentage of partnership should not exceed 20% of the free reserve and 10% of the capital of the company.
The free reserve figure is an indication of financial strength, with a large reserve meaning the group is in a better position to respond to a bad claims year and to avoid asking shipowners for additional premiums.
The documents sought from AJL included authorisation by the members of the AJL to borrow money in excess of its paid- up capital and free reserve of AJL, relevant extracts from the books of accounts of AJL during the period of loan and documents by which the loan was converted into shares in the books of AJL.
National Bank of Pakistan achieved third position in the table of Net Worth as Networth shows to 19.40 per cent to Rs.14,279.30 million from Rs.11,958.67 million in the paid up capital stood at Rs.3730.38 million and free reserve and surplus was 1054.80 million.