federal funds rate

federal-funds rate. The interest rate at which banks lend to each other overnight. • The loans are usu. made by banks with excess reserves to those with temporarily insufficient reserves. — Also termed fed-funds rate. — Often shortened to fed funds.
专业法律词汇 词条贡献者
译者蒋毅,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与破产与资产重组相关的法律文件。