Usually means: Money banks lend to each other.
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We found 13 dictionaries that define the word Federal funds:

General (6 matching dictionaries)
  1. federal funds: Merriam-Webster
  2. federal-funds: Wordnik
  3. federal funds: Dictionary.com
  4. Federal Funds, Federal funds: Wikipedia, the Free Encyclopedia
  5. federal funds, Federal funds: Longman Dictionary of Contemporary English

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Federal Funds: Investopedia
  4. Federal funds: Securities Terminology
  5. Federal funds: Financial dictionary
  6. Federal funds: WashingtonPost.com: Business
  7. Yahoo Tax Center Glossary (No longer online)

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Definitions from Wikipedia (Federal funds)

▸ noun:  In the United States, federal funds are overnight borrowings between banks and other entities to maintain their bank reserves at the Federal Reserve.

Phrases:
federal funds rate, federal funds market, more...

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Similar:
Phrases:
federal funds rate, federal funds market, more...




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