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Federal Reserve Bank Note
Definition
Note issued by Federal Reserve Banks to handle sudden increases in the demand for currency in a particular area. They are retired as soon as demand returns to a normal level.
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Nearby Terms
- Federal Open Market Committee
- Federal Open Market Committee Meeting (FOMC Meeting)
- federal register
- Federal Reserve Act of 1913
- Federal Reserve Bank
- Federal Reserve Bank Note
- Federal Reserve Bank of Atlanta
- Federal Reserve Bank of Boston
- Federal Reserve Bank of Chicago
- Federal Reserve Bank of Cleveland
- Federal Reserve Bank of Dallas
