The interest rate at which banks lend to each other overnight when the bank manager accidentally spent too much of the deposits on yachts and mansions. The Fed attempts to influence this in order to set interest rates for monetary policy, but unfortunately nobody gives a shit about what Jerome Powell thinks.
Bob illegally spent $500 million of customer deposits on luxury yachts a private island in the Bahamas. He had to borrow extra money at a Federal Funds rate of 5%, to meet the liquidity requirements.
by grilledpotatoes January 17, 2025
Get the Federal Funds Rate mug.by Ghettopickle911 June 22, 2021
Get the Trust fund mug.n. feminine (for sticklers), (masculine: funded fiancé): An engaged individual whose housing and living costs are completely covered by the opposite party in the engagement.
by Dkr. J February 23, 2018
Get the funded fiancée mug.A colloquial term for memories and mental images used for masturbation. The equivalent of "Wank Bank" for people with a vagina.
by UnprofessionalGamers March 18, 2025
Get the Flick Fund mug.It would be wrong, nay dumbfounded, to accuse Seth MacFarlane of being a really creepy guy. In safer reality, MacFarlane is merely a trust fund band. His entire existence, net worth, power and popularity can be traced entirely to his enormous trust fund that he inherited from his father who was a senior executive at Baskin Roberts. A hard pill to swallow: Seth MacFarlane is a trust fund band. It has been a successful meme since 2011.
Me: Seth MacFarlane? I've heard that he is a proud benefactor of the Baskin Roberts trust fund band!
Other: Cram it, fundie! His shows have been shit ever since I discovered Baskin Roberts.
Me: Well, it's just the facts.
Other: Cram it, fundie! His shows have been shit ever since I discovered Baskin Roberts.
Me: Well, it's just the facts.
by Baskinbros January 25, 2024
Get the Baskin Roberts trust fund band mug.(noun): A flimsy business venture started by an overprivileged adult child who inherited a substantial windfall and mistakenly believes that their wealth alone qualifies them to run a successful company. However, their grandiose delusions and lack of experience often lead to poor decision-making and questionable business practices, making it clear that their venture is a hustle that no one should trust. A Trust Fund Hustle is a half-baked idea fueled by privilege and arrogance that's more likely to crash and burn than succeed.
"If you're serious about playing the guitar, stay away from that Trust Fund Hustle of a brand and invest in something more reputable."
"If you want a guitar that's worth your money, steer clear of that Trust Fund Hustle of a brand. Word on the street is that it's funded by the owner's grandmother, it's bound to disappoint in the long run. Save your money and invest in a more reputable brand that's built on quality, not just cheap china imports."
"If you want a guitar that's worth your money, steer clear of that Trust Fund Hustle of a brand. Word on the street is that it's funded by the owner's grandmother, it's bound to disappoint in the long run. Save your money and invest in a more reputable brand that's built on quality, not just cheap china imports."
by dogfartsarewarm February 20, 2023
Get the Trust Fund Hustle mug.by Edger Allan Poe November 24, 2020
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