federal fund
/ˈfɛd(ə)r(ə)l fʌnd/US
noun
1In plural Money held or disbursed by the U.S. federal government.
2A fund created or used by the U.S. federal government, especially for a specified purpose.
3In plural Finance. Reserve deposits which are held in the Federal Reserve system by member banks (as legally required under the Federal Reserve Act of 1913), surpluses of which may be traded between banks.
Origin
Late 18th century. From federal + fund.
- Peircian
- peise
- peishwa
- Peisistratean
- Peisistratid
- Peisistratus
- peisy
- pejorate
- pejoration
- pejorative
- pejoratively
- aslant
- a slap in the face
- a slap on the back
- a slap on the wrist
- (as) large as life
- asleep
- asleep at the wheel (or switch)
- ASLEF
- AS level
- a slice of life
- a slice of the action
- (as) light as a feather
- (as) like as not
- as likely as not