FISCAL LEVERAGE Definition

Bookmark and Share

FISCAL LEVERAGE is the ability of a government to affect economic conditions and/or actions of others through fiscalist policies.

Learn new Accounting Terms

STATUTORY LIQUIDITY RATIO (SLR) is a ratio which every banking company shall maintain in the form of cash, gold or unencumbered approved securities, an amount which shall not, at the close of business on any day be less than such percentage of the total of its demand and time liabilities as the Reserve Bank may specify from time to time.

COST is the amount of money that must be paid to take ownership of something; expense or purchase price.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.