FED BOOK ENTRY Definition

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FED BOOK ENTRY is an electronic registration, transfer and settlement system for securities on the Federal Reserve System.

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NORMAL RATE OF RETURN, for individuals, is the average rate of return on all investments, i.e. the average of all returns yields the normal rate of return. For capital investments for businesses, it is the profit relative to capital investment.

COMMERCIAL BANK is a financial institution that provides commercial banking services. A commercial bank accepts deposits, gives business loans and provides other services to businesses.

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