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LEGAL RESERVES: The total amount of vault cash or Federal Reserve deposits of a bank. These are the only bank assets that can be used legally to satisfy reserve requirements.
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PHENOMENON An event or action that is subject to investigation, analysis, and explanation using the scientific method. Phenomena are the sorts of things that science seeks to explain. They can be common events, like the blowing wind, or unusual, like the extinction of the dinosaurs.
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One of the largest markets for gold in the United States is the manufacturing of class rings.
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"You miss 100% of the shots you never take. " -- Wayne Gretzky, hockey player
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D
Demand
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