See Also: Federal funds(finance)
Federal funds(money)
Federal funds market(money)
Federal funds rate(finance)
Federal funds market(finance)
Federal funds rate(money)
hippocras(dictionary)
Funds flow statement or source and application of funds(finance)
Tight money or dear money(finance)
FUNDS(law)
Federal funds rate (money) and hippocras (iou)
Federal funds rate (money)
Definition: [crh] The interest rate that banks with excess reserves at a Federal Reserve districtDefinition: bank charge Other banks that need overnight loans. The Fed funds rate, as it is called, often points to the direction of US Definition: /?rd=interest +rates">interest rates. The most sensitive indicator of the direction of interest rates, since it is set daDefinition: ily by the market, unlike the prime rate and the discount rate.
hippocras (iou)
hippocras noun. LME.
[Old French ipo-, ypocras, forms of Latin Hippocrates (see HIPPOCRATES' SLEEVE), used for medieval Latin vinum Hippocraticum Wine strained through a filter called 'Hippocrates' sleeve' (see next).]
Hist. Wine flavoured with spices. LME.
T. H. White Would you like a glass of hippocras, or some perry?
In full Hippocras bag. = HIPPOCRATES' SLEEVE. Only in 17.
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