Regulation Q

Definition of "Regulation Q"
  1. A rule created by the Federal Reserve Board's governors that prevents member banks from giving interest on checking accounts
How to use "Regulation Q" in a sentence
  1. The aim of Regulation Q was to limit competition among banks for deposit funds.
  2. Since the abolition of Regulation Q, banks have found new ways to attract depositors.
  3. The Federal Reserve's implementation of Regulation Q significantly limited banks' abilities to offer interest on certain types of deposits.

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