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federal government.See GOVERNMENT.[Blacks Law 8th]

federal-funds rate.The interest rate at which banks lend to each other overnight. • The loans are usu. made by banks with excess reserves to those with temporarily insufficient reserves. — Also termed fed-funds rafederal-funds rate.The interest rate at which banks lend to each other overnight. • The loans are usu. made by banks with excess…

Federal Food Stamp Act.A federally funded program that provides needy families with financial assistance in obtaining a nutritionally adequate diet. • The Secretary of Agriculture administers the Act.[Blacks Law 8th]

federal farm credit system.The national cooperative system of banks and associations providing credit to farmers, agricultural concerns, and related businesses. • The system consists of the banks for cooperatives, the farm credit banks, and the Federal Farm Credit Banks Funding Corporation. It is supervised by the Farm Credit Administration and was originally capitalized by the…

Federal Farm Credit Banks Funding Corporation.A federal corporation that manages the sale of federal farm-credit-system securities in the money and capital markets and also provides advisory services to banks in the federal farm credit system.[Blacks Law 8th]

federal farm credit bank.One of a system of federally chartered institutions created to provide credit to farm-related enterprises. • The banks resulted from a merger of federal land banks and federal intermediate credit banks. They are supervised by the Farm Credit Administration. [Cases: United States 53(7). C.J.S. United States §§ 90, 92–93.][Blacks Law 8th]

Federal Energy Regulatory Commission.An independent five-member commission in the U.S. Department of Energy responsible for licensing hydroelectric-power projects and for setting interstate rates on (1) transporting and selling natural gas for resale, (2) transporting and selling electricity at wholesale, and (3) transporting oil by pipeline. • It was created by the Department of Energy Organization…

federal enclave.See ENCLAVE.[Blacks Law 8th]

Federal Employers’ Liability Act.A workers’-compensation law that provides death and disability benefits for employees of railroads engaged in interstate and foreign commerce. 45 USCA §§ 51–60. — Abbr. FELA. [Cases: Employers’ Liability 1; Workers’ Compensation 97.C.J.S. Employers’ Liability for Injuries to Employees § 2.][Blacks Law 8th]

Federal Employees’ Compensation Act.A workers’-compensation law for federal employees. 5 USCA §§ 8101–8152. — Abbr. FECA. See WORKERS’ COMPENSATION . [Cases: Workers’ Compensation 262, 374. C.J.S. Workmen’s Compensation §§ 170, 172, 230.][Blacks Law 8th]