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.That’s C***** J. Federal C*****
by C***** Federal November 26, 2021
Get the Federal mug.Being in an overly vulnerable or exposed position. In a position that emits an unnecessary amount of information.
"Isn't your full name Lucy Jean Johnson the 3rd?"
"Bro why are you saying that out loud, federal AF.
"Stop looking at my text messages, that's so federal."
"Bro why are you saying that out loud, federal AF.
"Stop looking at my text messages, that's so federal."
by Incognitomode.007 November 27, 2023
Get the Federal mug.by FLLS July 28, 2023
Get the Federal mug.A mail truck, generally an LLV or FFV. For those who work with them, they are absolute shitboxes. As they are federal vehicles, government money is the solution to all the problems of the Federal Shitbox unless the frame is bent.
Features of the Federal Shitbox include (but are not limited to):
-at least two bald tires
-fucked up alignment
-rear door jammed in the up or down position
-differential fluid leak
-oil leak
-coolant leak
-fire
-half a bumper missing
-exhaust leak
-excessive vibration of everything
-dashboard fan broke
-squeaky timing belt
-various dents in weird places
Features of the Federal Shitbox include (but are not limited to):
-at least two bald tires
-fucked up alignment
-rear door jammed in the up or down position
-differential fluid leak
-oil leak
-coolant leak
-fire
-half a bumper missing
-exhaust leak
-excessive vibration of everything
-dashboard fan broke
-squeaky timing belt
-various dents in weird places
by beansandtoads8 August 13, 2023
Get the Federal Shitbox mug.It is an institution found in the northern part of Rivers State (omoku) precisely.
The name as implies is an institution but what actually happens there is sleeping around
The girls there hits raw.
The name as implies is an institution but what actually happens there is sleeping around
The girls there hits raw.
by Obakata April 16, 2021
Get the Federal collage mug.by Phillip J slime March 20, 2022
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