The Fed
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  The Fed



The Fed

   Congress founded the Federal Reserve Board, the central bank of the United States, in 1913. It conducts the nation's monetary policy and regulates its banks in order to achieve a flexible and stable economy.

RELATED TERMS
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Reserve
The 'reserve price' is the lowest price at which the owner is willing to sell their property when it is being auctioned.

Bank
An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.



SIMILAR TERMS
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The 72-hour clause
When a buyer has a house to sell before they can purchase another home, most sellers insist on a 72-hour clause. In the event of a better offer coming in before the contingency is settled, this clause entitles the seller to give the buyer 72 hours to remove the contingency or lose the house.

The Wrekin property
Property in The Wrekin, Great Britain. Apartments, flats, houses, offices and other property in The Wrekin.



PREVIOUS AND NEXT TERMS
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Testamentary trust
A trust established by will.

Testate
Having made a will before death.

Testator
A male who has made a valid will.

Testatrix
A female who has made a valid will.

The 72-hour clause
When a buyer has a house to sell before they can purchase another home, most sellers insist on a 72-hour clause. In the event of a better offer coming in before the contingency is settled, this clause entitles the seller to give the buyer 72 hours to remove the contingency or lose the house.

The Fed

Thermal mass
Thermal mass is a property that enables building materials to absorb, store, and later release significant amounts of heat.

Third party origination
A process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market.

Third party originator
Third-party originators prepare loan applications for borrowers and submit the applications to lenders.

Thirteenth Amendment to the United States Constitution (1868)
Section 1- Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction. Section 2- Congress shall have power to enforce this article by appropriate legislation.

Three-day notice
Notice to quit, quit or cure, or quit or pay rent. Three-day notice must be given before an unlawful detainer action.

This dictionary contains 6433 terms.
      












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