Fixed Interest Rate Loan
Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate. Fixed Interest Rate Loan A fixed interest rate loan is a loan in which the interest rate...
Fed Speak
What is 'Fed Speak' A phrase used to describe former Federal Reserve Board Chairman Alan Greenspan's tendency to make wordy statements with little substance. Many analysts felt that Greenspan's ambiguous "Fed speak" was an intentional strategy used to prevent the markets from overreacting to his remarks. Explaining 'Fed Speak' Greenspan, who was chairman of...
False Signal
What is 'False Signal' In technical analysis, a false signal refers to an indication of future price movements which gives an inaccurate picture of the economic reality. False signals may arise due to a number of factors, including timing lags, irregularities in data sources, smoothing methods or even the algorithm by which the indicator is calculated. ...
Federal Deposit Insurance Corporation Improvement Act (FDICIA)
What is 'Federal Deposit Insurance Corporation Improvement Act - FDICIA' Passed in 1991 at the height of the Savings and Loan Crisis (S&L), this act fortified the FDIC's role and resources in protecting consumers. The most notable provisions of the act raised the FDIC's U.S. Treasury line of credit from $5 million to $30 million, revamped the...
Federal Advisory Council
What is a Federal Advisory Council A Federal Advisory Council (FAC) is a federal body created to provide advice, counsel, and recommendations to an entire federal department or agency, or to the President of the United States. FACs are usually composed of distinguished citizens who volunteer their time and expertise to the government on a particular issue or concern. Their...
Federal Home Loan Bank System (FHLB)
What is the Federal Home Loan Bank System (FHLB)? The Federal Home Loan Bank System is a network of 12 regional banks that provide financial services to member banks and other financial institutions. The FHLB system was created by the Federal Home Loan Bank Act of 1932 to promote housing finance and to ensure the stability of the banking system...
Foreclosure
DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender, or other lienholder, obtains a termination of a mortgage borrower's equitable right of...
Featherbedding
DefinitionFeatherbedding is the practice of hiring more workers than are needed to perform a given job, or to adopt work procedures which appear pointless, complex and time-consuming merely to employ additional workers. The term "make-work" is sometimes used as a synonym for featherbedding. Featherbedding What is 'Featherbedding' Term used to describe the practice of a labor union...
Fast Market Rule
What is the fast market rule The fast market rule is a regulation that requires firms to disseminate information about material events as soon as possible. The rule is designed to ensure that investors have equal access to material information so that they can make informed investment decisions. The fast market rule is part of the Securities Exchange Act of...
Facility Operations
DefinitionFacility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The ISO defines FM as the "organizational function which integrates people, place and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business."...