Definicja overnight money
Overnight money is money that is sold in the interbank market by banks with idle funds to those needing temporary funds. The Fed Funds market, where financial institutions sell excess reserves from reserve accounts kept at Federal Reserve Banks to one another, is the largest source of overnight funds in the United States. Fed funds are due back at the selling bank at the start of business the following day.
Słownik i definicje SAPa na O.