In the United States, federal funds are overnight borrowings between banks and other entities to maintain their bank reserves at the Federal Reserve. Banks keep reserves at Federal Reserve Banks to meet their reserve requirements and to clear financial transactions. Transactions in the federal funds market enable depository institutions with reser...
Found on
http://en.wikipedia.org/wiki/Federal_funds
Noninterest-bearing deposits held in reserve for depository institutions at their district Federal Reserve Bank. Also, excess reserves lent by banks to each other.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosf.htm
Non-interest bearing deposits held in reserve for depository institutions at their district Federal Reserve Bank. Also, excess reserves lent by banks to each other.
Found on
http://www.encyclo.co.uk/local/20047
A federal institution that lends to a wide array of federal credit agencies funds it obtains by borr
Found on
http://www.encyclo.co.uk/local/22402
Funds deposited by commercial banks at Federal Reserve
Found on
http://www.encyclo.co.uk/visitor-contributions.php
No exact match found.
