Loans by the Federal Reserve to banks are known as

Name: Loans by the Federal Reserve to banks are known as
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Loans by the Federal Reserve to banks are known as discount loans. Repurchase agreements refer to the sale of securities with a promise to repurchase them at a later date, federal funds are overnight loans between banks, and cash items in the process of collection refer to checks received by a bank that are being processed for payment.

Loans by the Federal Reserve to Banks Are Known as