Interfund transactions

Definition

Financial arrangements effected by payments made from one fund group (either Federal funds or trust funds) to another group.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Municipal notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio