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.

---

词条贡献者

译者Gary，毕业于国内一流的翻译学院，擅长翻译各种与合规与风控相关的法律文件。