Fed funds

Funds deposited by commercial banks at Federal Reserve Bank. Designed to enable banks temporarily Short of their Reserve requirement to Borrow reserves from banks having Excess reserves. also called Federal funds.

Related Terms: 12 Borrow, Commercial bank, Call, Excess reserves, Federal funds, Fed, Federal Reserve Bank, Fund, Heir, Merc, Reserve requirement, Short

Other Related Pages: Category: Banking Starting With: F

Additional Related Terms: 10-Q, 10-K, 12b-1 funds, Agent bank, Automatic Funds Transfer, Accrual of discount, Amortization of premium, At par, All or any part, At best