federal reserve bank
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Eastern bankers possessing these six-month notes will probably find them readily rediscountable with the local federal reserve bank at any time up to maturity.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
The federal reserve bank at Richmond thereupon charges the Columbia bank with the amount of the check, credits the Bluefield bank with the proceeds, and notifies the two banks accordingly.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
That means that the Bluefield bank receiving the check on the Columbia, S. C., bank mails it to the federal reserve bank at Richmond.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
The federal reserve bank shall, however, give a receipt for the stock surrendered.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
They must hold 6/18 of their reserve in vault, 7/18 in their Federal Reserve Bank, and the remaining 5/18 either in vault or with their federal reserve bank.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
