ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
FEDERAL FUNDS Definition
FEDERAL FUNDS are reserve balances that depository institutions lend each other, usually on an overnight basis. In addition, federal funds include certain other kinds of borrowings by depository institutions from each other and from federal agencies.
Learn new Accounting Terms
SOM (SUM, CYM) is a currency of Uzbekistan.
YANKEE BOND is a dollar bond issued by a non-U.S. borrower in the United States.