federal funds Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “federal funds” in the English Dictionary

"federal funds" in Business English

See all translations

federal fundsnoun [plural]

uk   us   also fed funds GOVERNMENT, FINANCE
money that the US government makes available for each state to pay for projects or research: Local taxes fund $4.7 billion of spending on schools, with state and federal funds providing the rest. Many of the housing projects in the area were built with federal funds and tax credits.$70,000/$2 million/5.5 billion, etc. in federal funds The national laboratory is spending $60 million this year in federal funds on advanced biodetection systems.use/receive/lose federal funds The proposal would offer states flexibility in using federal funds to expand health insurance coverage.
in the US, money that banks give to federal reserve banks to lend to other banks who need it: federal funds (interest) rate The Fed has taken the decision to cut both the discount rate and the federal funds rate a quarter point.
Compare
(Definition of federal funds from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of federal funds?
Add Cambridge dictionaries to your browser to your website

“federal funds” in Business English

Avoiding common errors with the word enough.
Avoiding common errors with the word enough.
by ,
May 25, 2016
by Liz Walter Enough is a very common word, but it is easy to make mistakes with it. You need to be careful about its position in a sentence, and the prepositions or verb patterns that come after it. I’ll start with the position of enough in the sentence. When we use it with a noun,

Read More 

Word of the Day

ray

a narrow beam of light, heat, etc. travelling in a straight line from its place of origin

Word of the Day

convo noun
convo noun
May 23, 2016
informal a conversation The convo around concussions mostly focuses on guys who play football, but Chastain thinks that this whole thing could be a headache for women too.

Read More