|Official unrequited transfers|
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Definition of Official unrequited transfers
Official unrequited transfers
Include a variety of subsidies, military aid, voluntary cancellation of debt,
Electronic depository transfers
The transfer of funds between bank accounts through the Automated
Holdings of gold and foreign currencies by official monetary institutions.
Official Settlements Account
An account within the balance of payments accounts showing the change in a country's official foreign exchange reserves. It is used to measure a balance of payments deficit or surplus.
A statement published by an issuer of a new municipal security describing itself and the issue
Private unrequited transfers
Refers to resident immigrant workers' remittances to their country of origin as
Items in the current account of the balance of payments of a country's accounting books
Cookie Jar Reserves
An overly aggressive accrual of operating expenses and the creation of
Depository transfer check (DTC)
Check made out directly by a local bank to a particular firm or person.
Depository Trust Company (DTC)
DTC is a user-owned securities depository which accepts deposits of
e-commerce (electronic commerce)
any business activity that uses the Internet and World Wide Web to engage in financial transactions
EFT (electronic funds transfer)
Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT.
Electronic data interchange (EDI)
The exchange of information electronically, directly from one firm's
electronic data interchange (EDI)
the computer-to-computer transfer of information in virtual real time using standardized formats developed by the American National Standards Institute
Electronic Federal Tax Payment Systems (EFTPS)
An electronic funds transfer system used by businesses to remit taxes to the government.
Any excess of actual reserves above required reserves.
reserves of commercial banks in excess of those they are legally required to hold.
Foreign Exchange Reserves
A fund containing the central bank's holdings of foreign currency or claims thereon.
Excess reserves minus member bank borrowings at the Fed.
International Depository Receipt (IDR)
A receipt issued by a bank as evidence of ownership of one or more
See foreign exchange reserves.
A book-entry depository for GNMA securities. The depository was initially operated by
Preauthorized electronic debits (PADs)
Debits to its bank account in advance by the payer. The payer's
The dollar amounts based on reserve ratios that banks are required to keep on deposit at a Federal Reserve Bank.
reserves that the central bank requires commercial banks to hold.
Commercial banks' reserves consist of their holdings of cash and their balances in deposits with the central bank. See also foreign exchange reserves, excess reserves, required reserves, reserve requirement.
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