Transit money

Deposits received by a bank – usually from the central bank or a public sector agency – with the obligation to grant loans in corresponding amounts (money the taking of which by the banks automatically entails the granting by them of credit to a corresponding extent). – See pass-through credit, quantitative easing.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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