Funds set aside for a specific purpose. For example, a bank's Loan Loss Reserves for possible bad debt. The Federal Reserve Bank of New York holds gold bullion in trust for foreign central banks and various international organizations. Earmarked gold is used to back up monetary agreements, such as currency swaps to stabilize exchange rates. See also Exchange Stabilization Fund; Gold Stock.
Earmarked Reserves
| Banking Dictionary: Earmarked Reserves |
| 5min Related Video: Earmarked Reserves |
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 | Bullion (in banking) |
| Valuation Reserve (in banking) |
| Gold Stock (in banking) |
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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Mentioned in
- Bullion (in banking)
- Valuation Reserve (in banking)
- Gold Stock (in banking)
- Bank Reserves (in banking)
