reserve city

noun

: a city of the U.S. designated by the Board of Governors of the Federal Reserve system in which member banks of the system are required to maintain higher legal reserves than in other areas compare central reserve city, country bank

Word History

Etymology

reserve entry 2

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Dictionary Entries Near reserve city

Cite this Entry

“Reserve city.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reserve%20city. Accessed 26 Nov. 2024.

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