Overview

adjustment credit


Show Summary Details

Quick Reference

An advance made by a US Federal Bank to smaller banks to satisfy short-term lending needs. The loans may be made for as short a term as 15 days. Adjustment credits are most often used when interest rates are high and money supply is short.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.