i am not english native speaker, i am italian.
What is the meaning of "used to meet" in this passage?
Only U.S. Dollars or U.S. Treasury bills, floating rate notes, notes or bonds are acceptable and must be deposited by a clearing member applicant during the application approval process. All securities must be denominated in multiples of $5,000. Stripped securities and securities dated prior to January 1, 1973, are not acceptable. TBonds may not exceed 10 years time to maturity. Interest is not paid on U.S. Dollar deposits. If U.S. treasuries are deposited, the market value of such securities, less any applicable haircut, must be at least equal to the minimum requirement. For example, U.S. T-Bills with a par value of $505,000, market value of $502,000 and no haircut may be used to meet the $500,000 Base Guaranty Fund requirement.