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P. 1
Banko Sentral ng Pilipinas

Banko Sentral ng Pilipinas

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Published by Lol10_01

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Categories:Types, School Work
Published by: Lol10_01 on Jan 27, 2011
Copyright:Attribution Non-commercial

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09/14/2012

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TERMS TOREMEMBER
 
Deposits
-money placed in a bank account for safekeeping
R
eserve
R
equirement
Ra
tio
 ²the amount or proportion of depositsset by the BSP that have to be kept as reserves. money placedin a bank account
M
oney
M
ultiplier
 ²tells us how much the money supply canexpand for a given reserve requirement ratio. This occursbecause money can be transferred from one bank to another.
Discount
Ra
te
 ²interest rate charged by the BSP to commercialbanks
R
ediscounting
 ²the function of the BSP in lending to commercialbanks
BSP
 ²Bangko Sentral ng Pilipinas
Ba
nk 
R
eserves
-holdings of deposits in central banks pluscurrency that is physically held in bank vaults
S
eed
M
oney
 ²loans to help start off a business
Dividends
 ²a portion of a company·s earnings given to itsstockholders (people or group who owns a portion of thecorporation due to its large investment)
M
ortg
a
ge
 ²is a form of security for the payment of an obligation

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