Category: F

Definition The Federal Open Market Committee Meeting (FOMC Meeting) is a gathering of the Federal Reserve’s policy makers to discuss and set monetary policy, primarily

Definition The Federal Poverty Level (FPL) is a measure used by the U.S. government to determine an individual’s or family’s eligibility for certain assistance programs.

Definition Federal income refers to the revenue collected by the federal government primarily through income taxes from individuals and corporations. It constitutes a vital source

Definition The Federal Reserve System (FRS) is the central banking system of the United States, established in 1913 to provide a stable and flexible monetary

Definition The Federal Reserve Board (FRB) is the governing body of the United States’ central banking system, the Federal Reserve System. It oversees the nation’s

Definition The Federal Reserve Bank, often referred to as “the Fed,” is the central banking system in the United States. Established in 1913, it serves

Definition The Federal Insurance Contributions Act (FICA) is a United States federal law that mandates a payroll tax on the earnings of employed individuals. This

Definition The Federal Trade Commission (FTC) is an independent US government agency established in 1914, responsible for promoting and maintaining fair competition and consumer protection.

Definition The Federal Unemployment Tax Act (FUTA) is a United States federal law that imposes a payroll tax on employers to fund the federal-state unemployment

Definition The Federal Communications Commission (FCC) is an independent government agency in the United States responsible for regulating interstate and international communications. Established in 1934,