Bank reserves include vault cash and deposits with the Federal Reserve
<h3>What is
cash?</h3>
Cash is money in the physical form of currency, such as banknotes and coins, in economics. Cash is a current asset in bookkeeping and financial accounting that consists of currency or currency equivalents that can be accessed immediately or nearly immediately.
Cash (currency or coins) is legal tender that can be used to exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company.
Money in checking accounts Money in savings accounts Drafts from banks Orders for money Petty cash
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