Federal Funds Rate
Definition
According to the Federal Reserve, the federal funds rate refers to the interest rate at which depository institutions lend reserve balances to other depository...
Game Changer
What is a 'Game Changer' 1. A person who is a visionary. 2. A company that alters its business strategy and conceives...
ABA Bank Index
What is 'ABA Bank Index' A banking index that is made up of community banks and banking institutions. This index was created...
Gambling Income
What is gambling income and how is it taxed
Gambling income is defined as any money or prizes won from gambling activities, such as playing...