differential refers to what was once the traditional difference in interest rates on savings deposits paid by commercial banks and thrift institutions. At times, the slightly higher rate paid by thrift institutions (generally 25 basis points) was mandated by regulation. The required' differential' was phased out by January 1984.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). differential. Retrieved September 21, 2026, from http://smartdefine.org/differential/definitions/1151987 |
| Chicago | Barry Goldsmith. 2010. "differential" http://smartdefine.org/differential/definitions/1151987 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, differential, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/differential/definitions/1151987>. |
| MLA | Barry Goldsmith. "differential" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/differential/definitions/1151987> |