Federal deficit (surplus)


 

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Federal deficit (surplus)

When federal government expenditures are exceeded by federal government revenue.



Federal deficit (surplus)

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Off budget Federal entities

Off budget Federal entities

Federally owned and controlled entities whose transactions are excluded from the budget totals under provisions of law. Their receipts, outlays, and surplus or deficit are not included in budget receipts, outlays or deficits. Their budget authority is not included in totals of the budget.


Federal Reserve System

Federal Reserve System

The monetary authority of the US, established in 1913, and governed by the Federal Reserve Board located in Washington, D.C. The system includes 12 Federal Reserve Banks and is authorized to regulate monetary policy in the US as well as to supervise Federal Reserve member banks, bank holding companies, international operations of US banks, and US operations of foreign banks.


Federal Housing Finance Board (FHFB)

Federal Housing Finance Board (FHFB)

US government agency chartered in 1989 to assume the responsibilities formerly held by the Federal Home Loan Bank system.


Federal Maritime Commission (FMC)

Federal Maritime Commission (FMC)

A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses.


Federal Home Loan Banks

Federal Home Loan Banks

Banks created under the Federal Home Loan Bank Act of 1932, in order to keep a permanent supply of money available for home financing. The banks are controlled by the Federal Home Loan Bank Board. Savings and loans, insurance companies, and other similar companies making long term mortgage loans may become members of the Federal Home Loan Bank System, and thus may borrow from one of the regional banks throughout the country.


Further Suggestions

Federal credit agencies
Federal Deposit Insurance Corporation (fdic)
federal agency security
Federal National Mortgage Association
Federal funds rate
Federal Farm Credit Bank
Federal Reserve Board
federal gift tax
Board of Governors of the Federal Reserve System
Federal gift tax
Federal Reserve notes
Federal Housing Administration (FHA)
Federal Reserve Bank
Federal Insurance Contributions Act
Federal agency bond
Federal Intermediate Credit Bank
Federal intrafund transactions
Federal Deposit Insurance Corporation (FDIC)
Federal Home Loan Banks
US Federal Reserve
Federal Farm Credit System
Federal Reserve System
Federal Open Market Committee (FOMC)
Federal Advisory Council (FAC)
Federal Reserve Act of 1913


 
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