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regulation q

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Mortgage Rate 4.00% FIXED
$200,000 home mortgage for $771/mo. See New Payment. No SSN Required.
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Financial Dictionary

Regulation Q

A Federal Reserve Board regulation that limits the interest rate banks can pay on savings deposits.

Investopedia Commentary

This is to prevent loan sharking.

Related Links

The Federal Reserve (the Fed) Tutorial

See also: Fed, Loan Sharking, Regulation FD (Reg FD), Regulation G, Regulation U

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Mortgage Rate 4.00% FIXED
$200,000 home mortgage for $771/mo. See New Payment. No SSN Required.
Mortgage.LeadSteps.com
Legal Dictionary

Main Entry: Regulation Q
Pronunciation: -'kyü
Function: noun
: a regulation of the Board of Governors of the Federal Reserve System prohibiting member banks from paying interest on demand deposits
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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