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<strong>National credit bureau</strong> – A credit reporting agency with a service area encompassing more than a single region of the country. Examples of national credit bureaus include TransUnion and Equifax.
<strong>Automated Clearinghouse (ACH)</strong> – An overnight method of transferring funds electronically via the Federal Reserve.
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repurchase agreement (E5)<br />A finance method used by the BANK oF ENGLAND and the FEDERAL RESERVE BANKS of the USA to give banks and other financial institutions extra liquidity by buying government securities for a short period, usually a day, the borrower agreeing to repurchase at a stated price. It is very popular with financial institutions as a means of maintaining their inventories of securities at a low cost.
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