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Assets Financial Glossary

What is it? Things you own, including real estate, investments, and personal property.

Finance Term Definition Added By: Abigail

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Financial Term primary reserves is For a bank, assets considered to be the primary source of extra liquidity. Primary reserves are usually defined to be cash on hand, balances on deposit with the Federal Reserve Bank, and balances due from correspondent banks (e.g., cash and due from banks).

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