Tag: federal
Federal Funds
What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...
Racketeering
DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
Taft-Hartley Act
What is 'Taft-Hartley Act' The Taft-Hartley Act is a federal law that was enacted in 1947 that prohibited certain union practices and...
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
U.S. Department of Housing and Urban Development (HUD)
What is HUD and what does it do
HUD is the U.S. Department of Housing and Urban Development, a Cabinet-level agency created in 1965 to...
W-Shaped Recovery
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...
TARP Bonuses
What are TARP bonuses and how do they work
TARP bonuses are payments made to executives of companies that have received financial assistance from the...
Y2K
What is 'Y2K' A shorthand term for "the year 2000" commonly used to refer to a widespread computer programming shortcut that was...
What is the Real Interest Rate in 2020?
How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest...