Special deposits definitions

Special deposits

The compulsory loans which the Bank of England can call for from the retail banks thereby reducing their liquid assets
Found on http://www.encyclo.co.uk/local/20140

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special deposits

Proportion of a bank's assets that the Bank of England can require the bank to place on reserve with it.
Found on http://www.ft.com/Common/HelpPages/tools.help.glossarys.html

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