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Interfund transactions |
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Interfund transactionsFinancial arrangements effected by payments made from one fund group (either Federal funds or trust funds) to another group.Interfund transactions Similar MatchesIntrabudgetary transactionsIntrabudgetary transactionsEffected when payment and receipt both occur within the budget, or when payment is made from off-budget federal entities whose budget authority and outlays are excluded from the budget totals. Round trip transactions costsRound trip transactions costsCosts of completing a transaction, including commissions, market impact costs, and taxes. Official reserve transactionsOfficial reserve transactionsTransactions by a central bank that cause changes in its official reserves. These are usually purchases or sales of its own currency in the exchange market in exchange for foreign currencies or other foreign-currency-denominated assets. In the balance of payments a purchase of its own currency is a credit (+) and a sale is a debit (-). Federal intrafund transactionsFederal intrafund transactionsIntrabudgetary transactions in which payments and receipts both occur within the same Federal fund group. Transactions costsTransactions costsThe time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer. Transactions costs should also include the bid/ask spread as well as price impact costs (for example a large sell order could lower the price). Related: Round-trip transactions costs, information costs, search costs. Further SuggestionsTransactions motive |
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