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Glossary of Stock Market Terms

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Financial Terms By: f
Federal funds

A Federal Funds Transaction is an unsecured loan of U.S. dollars to a "borrower" or "purchaser" that is a Depository Institution from a "lender" or "seller" that is a Depository Institution, foreign bank, government-sponsored enterprise or other eligible entity. Note that Fed Funds liabilities are not subject to reserve requirements.

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