The policy tools of the fed are the following except reserve requirements
"Reserve" always has a credit balance in financial accounting and can relate to a portion of shareholders' equity, a liability for estimated claims, or a contra-asset for uncollectible accounts. Except for contributed or basic share capital, a reserve can arise in any element of shareholders' equity.
Reserves are portions of income or gains set aside for a certain purpose. Reserves are typically established to purchase fixed assets, pay bonuses, pay an anticipated legal settlement, pay for repairs and upkeep, and pay off debt.
Reserves are portions of income or gains set aside for a certain purpose. Reserves are typically established to purchase fixed assets, pay bonuses, pay an anticipated legal settlement, pay for repairs and upkeep, and pay off debt.
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