Examlex
The Trading Desk is sometimes directed to ____ a sufficient amount of Treasury securities to ____ the federal funds rate to a new targeted level set by the FOMC.
Collection Funds
Monies that are being gathered or have been gathered for a specific purpose, often related to financial transactions or payments.
T-Bills
Short-term government securities issued at a discount from par value, which mature and pay back the full face value.
Cheque Size
Cheque size typically refers to the amount of investment money a party is willing to commit in a deal, transaction, or investment opportunity.
Lockbox System
A service offered by banks to companies for the collection of payment from customers, involving the use of a special post office box to speed up the deposit process.
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