charlieh7247 charlieh7247
  • 01-05-2018
  • Business
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What does a fractional reserve banking system mean?

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skuxxscholar
skuxxscholar skuxxscholar
  • 01-05-2018
Fractional reserve banking is the practice where a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
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happyface12 happyface12
  • 09-11-2018

One that keeps only a small part of customers' deposits on hand

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