). A conservative estimate from Gartner pegs the hourly cost of downtime for computer networks at $42,000, so a company that suffers from worse than average downtime of 175 hours a year can lose more than $7 million per year.verage downtime costs vary considerably across industries, from approximately $90,000 per hour in the media sector to about $6.48 million per hour for large online brokerages.
DEFINITION of 'Fractional Reserve Banking'. A banking system in which only a fraction of bank deposits are backed by actual cash-on-hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.Most countries operate under this type of system. banking system in which only a fraction of bank deposits are backed by actual cash-on-hand and are available for withdrawal.
The Federal Reserve System is the central banking system of the United States. It was created in 1913, with the enactment of the Federal Reserve Act.he Federal Reserve System is the central banking system of the United States. It was created in 1913, with the enactment of the Federal Reserve Act.