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money creation
mon·ey cre·a·tion
noun
Definition:
banks' way of increasing money supply:
use by banks of their reserves to make loans, thereby increasing the amount of funds in checkable deposits and maintaining some control of the money supply
Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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