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An amount of money that's been set aside for emergencies.

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12y ago

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What Is a good reason to have a financial reserve that's larger than normal?

Most companies are not all-cash businesses. A financial reserve will give the company a clear picture over their financial situation.


What was the Federal Reserve Act designed to prevent?

Financial panicsBankruptciesBoom and bust economyfinacial panics


What was the federal reserve was designed to?

Financial panicsBankruptciesBoom and bust economyfinacial panics


What can the Federal Reserve do to stabilize the economy during times of financial crisis?

During times of financial crisis, the Federal Reserve can stabilize the economy by lowering interest rates, providing liquidity to financial institutions, and implementing monetary policies to stimulate economic growth.


What major accounting firm conducted an audit of the financial status of the Federal Reserve Bank of New York in 2005?

In 2005 accounting firm of PricewaterhouseCoopers conducted the audit of the financial status of the Federal Reserve Bank of New York. Based on normal accounting principles, policies and practices, this accounting firm stated that the financial records of this bank correctly reflected its financial status. The report was sent to the Board of Governors of the Federal Reserve System and the board of directors of the Federal Reserve Bank of NY.


What kind of time-series method does the Federal Reserve perform?

The Federal Reserve, for example, collects data on monetary policy and financial institutions and publishes that data in the Federal Reserve Bulletin.


Who is the regulator for the financial services sector?

In India, it is the RBI - The Reserve Bank of India


Why Sinking Fund Reserve is a non distributable reserve?

A sinking fund reserve is considered a non-distributable reserve because it is specifically set aside for the purpose of repaying debt or replacing long-term assets, rather than for distribution to shareholders. This reserve is intended to ensure that funds are available when needed for significant financial obligations, thereby promoting financial stability and responsibility. By designating these funds for a specific purpose, it prevents their use for dividends or other distributions, safeguarding the company's long-term financial health.


What are synonyms for bank?

financial institution, repository, store, supply, reserve, pool, reservoir


What law was passed by congress to prevent financial panic?

The Federal Reserve Act...Apex:)


Who publish Report On Currency And Finance In India in every financial year?

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What are the two main functions of the federal reserve?

financial & economic stability and lender-of-last-resort.