SOUTH AFRICAN RESERVE BANK
The South African Reserve Bank is the reserve bank of the Republic of South Africa equivalent to the United States’ Federal Reserve Bank. Established in 1921, it formulates and imposes monetary policies in the country. It also regulates financial system efficiency and promotes the education of its citizens regarding the country’s economic situation, etc. One special feature of the South African Reserve Bank is that it is owned privately.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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