InvestorWords.com
Federal funds
Definition
Funds deposited by commercial banks at Federal Reserve Banks. Designed to enable banks temporarily short of their reserve requirement to borrow reserves from banks having excess reserves.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
Nearby Terms
- Federal Employee Retirement System (FERS)
- Federal estate tax
- Federal Farm Credit Bank (FFCB)
- Federal Financial Institutions Examination Council (FFIEC)
- Federal Financing Bank
- Federal funds
- Federal funds rate
- Federal Home Loan Bank
- Federal Home Loan Bank Act
- Federal Home Loan Bank System
- Federal Home Loan Banks
