Terms
44 new/unreviewed 44 total
Term
What are bank liabilities?
Definition
Sources of funds that banks use to purchase income-earning assets.
New/Unreviewed
Term
What are checkable deposits?
Definition
Bank accounts allowing owners to write checks; payable on demand; lowest-cost source of bank funds.
New/Unreviewed
Term
What are nontransaction deposits?
Definition
Primary source of bank funds; cannot write checks but pay higher interest.
New/Unreviewed
Practice Tests
0 total
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