What is the term used when reserves increase from a check being credited to one bank before it is debited from another?

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Quizplus · Accepted Answer

The term used in this scenario is Federal Reserve float. This occurs when there is a delay between the time a check is deposited into a bank account and the time it is debited from the account it was originally written on. During this time, the funds are considered to be in "float" and the Federal Reserve may temporarily increase the reserves of the bank that received the deposit.

What Is the Term Used When Reserves Increase from a Check