# Reserve bank credit

- Canonical URL: https://www.gerhardmerk.de/reserve-bank-credit
- Post ID: 589321
- Modified: 2023-07-25T21:12:43+00:00
- Language: en

## Definition

Unless otherwise defined, a short-term loan granted by a central bank to public sector entities to bridge liquidity shortages in the course of budget execution. - In the European monetary union, such loans by the central bank to public budgets are prohibited. - See ECB Fall from Grace, Italian Method. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1