Quantitative Easing: A type of open market operation where a central bank buys long-term government bonds or other financial assets in order to stimulate economic activity during times of recession or low inflation.
Reverse Repo: An open market operation where the central bank sells government securities to commercial banks or other financial institutions with an agreement to repurchase them at a later date.
Liquidity: The ease with which an asset can be converted into cash without affecting its price. It refers to how quickly something can be bought or sold in a market without causing significant price changes.