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RBA Glossary definition for Exchange Settlement Account balances

Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.

RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

RBA Glossary definition for Exchange Settlement Account

Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.

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How Risky is Australian Household Debt?

25 Aug 2020 RDP 2020-05
Jonathan Kearns, Mike Major and David Norman
To account for these things, we use the Hausman-Taylor (1981) estimator with the following basic structure:. ... Lower real interest rates and financial liberalisation can account for much of the remaining increase.
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html