准备金

準備金

zhǔnbèijīn

noun

Meanings

1 reserve fund
2 (bank) reserve
3 provision (accounting)

Characters

to prepare, ready

to prepare, provide

Examples

央行下调了存款准备金率。

Yāngháng xiàtiáo le cúnkuǎn zhǔnbèijīn lǜ.

The central bank cut the reserve requirement ratio.

公司计提了坏账准备金。

Gōngsī jìtí le huàizhàng zhǔnbèijīn.

The company set aside a bad-debt provision.

Tips

usage

The key phrase is 存款准备金率 (RRR) — the share of deposits Chinese banks must park at the PBOC. Cutting RRR frees up hundreds of billions in lendable money, one of Beijing's most-used stimulus tools.

Stroke Order

准 zhǔn

备 bèi

金 jīn