What is another word for full-reserve banking?
Pronunciation: [fˈʊlɹɪsˈɜːv bˈaŋkɪŋ] (IPA) 
Full-reserve banking refers to a type of banking where banks hold all of their customers' deposits in reserve rather than lending them out. It is also known as 100% reserve banking or 100% money. While this type of banking system is not widely practiced, some synonyms for full-reserve banking include non-fractional reserve banking, fully backed banking, and reserve-only banking. Non-fractional reserve banking means that banks keep all of their deposits in reserve, while fully backed banking emphasizes that the bank has enough reserves to fully support all of its customers' deposits. Reserve-only banking highlights the fact that banks do not use their customers' deposits for lending or investing purposes.
