Last reviewed 08-20-2026Short-Sale.com Editorialglossary
FEDERAL RESERVE SYSTEM
California Department of Real Estate
Updated 08-20-2026
FEDERAL RESERVE SYSTEM
The federal banking system of the United States under the control of central board of governors (Federal Reserve Board) involving a central bank in each of twelve geographical districts with broad powers in controlling credit and the amount of money in circulation.
California Department of Real Estate Glossary
California Department of Real Estate · p. 15
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