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Category: F

Federal Direct Loan Program

Definition The Federal Direct Loan Program is a U.S. federal government program that provides low-interest loans to eligible students and their parents to finance postsecondary

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Federal Discount Rate

Definition The Federal Discount Rate, also known as the discount rate, is the interest rate at which eligible financial institutions can borrow from the Federal

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Federal Funds

Definition Federal funds refer to the funds held at the Federal Reserve that commercial banks and financial institutions can borrow from one another on an

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Federal Funds Rate

Definition The Federal Funds Rate is the interest rate at which banks and credit unions lend reserve balances to other depository institutions overnight on an

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Federal Housing Administration Loan

Definition A Federal Housing Administration (FHA) loan is a government-backed mortgage product designed to assist potential homebuyers in obtaining affordable financing. The FHA insures these

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Federal Agencies

Definition Federal agencies are government entities that operate under the authority of the United States federal government. These agencies are established to implement specific legislation,

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