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credit rationing (E5)<br />Restricting the total amount which can be borrowed or excluding types of borrower so that a central bank can control the total volume of bank deposits. The aim of this rationing is to reduce the risk of borrowers defaulting or to prevent increases in interest rates. In the UK this was traditionally done by the BANK RATE, which provided the basis for all other interest rates. However, in the UK as elsewhere a greater variety of controls have been employed. The recent growth of new money markets, where interest rates are largely determined separately within each market, has weakened the power of central banks to exercise complete control.<br /><em>See also:</em> 'corset'; special deposit
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<strong>USCIS</strong> – U.S. Citizenship and Immigration Services, a division of the Department of Homeland Security (DHS). On March 1, 2003, the DHS absorbed the former federal agency, Immigration and Naturalization Service (INS) and renamed it the USCIS.
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