Mark Lar's definitions

gavel

a small ceremonial mallet

MR. B: Well, I think this is a fine way to proceed. We all wish you the very best luck and now--let me have that gavel--I turn over this weighty gavel to you. If anybody misbehaves, you have your instrument at hand.

Transcript of Federal Open Market Committee Conference Call of March 10, 1978

by Mark Lar February 6, 2008