Amount by which a depository institution's bank reserves are less than required reserves.

Name: Amount by which a depository institution's bank reserves are less than required reserves.
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Deficit reserves refer to the amount by which a depository institution's bank reserves are less than the required reserves. This occurs when the bank loans out more money than it has on reserve, or when it receives fewer deposits than anticipated. The other options are not accurate descriptions of deficit reserves.

Amount by Which a Depository Institution's Bank Reserves Are Less