federal funds

plural noun

Definition of federal funds

: reserve funds lent overnight by one Federal Reserve bank to another

Examples of federal funds in a Sentence

Recent Examples on the Web States, such as those that declined Medicaid expansion, could again decide to forgo the additional federal funds and avoid all of those guardrails and administrative burdens. NBC News, 19 Dec. 2021 Due to the pandemic, the village received millions of dollars in federal funds to help fill gaps in revenue created as a result of COVID-19. James T. Norman, chicagotribune.com, 28 Dec. 2021 Laster winter, Congress passed historic legislation to provide $16 billion in federal funds to arts companies and venues to assist reopening efforts. Lee Seymour, Forbes, 23 Dec. 2021 The company was staked with about $2.5 billion in federal funds to develop its vaccine last year, and has since received billions more to boost its manufacturing capacity. Washington Post, 18 Dec. 2021 The company was staked with about $2.5 billion in federal funds to develop its vaccine last year, and has since received billions more to boost its manufacturing capacity. Dan Diamond, BostonGlobe.com, 18 Dec. 2021 Josh Geballe, the state’s chief operating officer, said that Connecticut contributed $60,000 in federal funds to the development of the multi-state tool. Mark Pazniokas, courant.com, 16 Dec. 2021 The department requested the $2.48 million in federal funds because the state parks and welcome centers need broadband connectivity at these locations for the safety and health of staff, including state park rangers and visitors. Michael R. Wickline, Arkansas Online, 14 Dec. 2021 Australian test-maker Ellume received $232 million in federal funds in February to boost U.S. manufacturing of its rapid at-home test, but the company says its new plant in Frederick, Md., won’t start production until December. Rachana Pradhan And Hannah Norman, Milwaukee Journal Sentinel, 4 Dec. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'federal funds.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of federal funds

1924, in the meaning defined above

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Time Traveler for federal funds

Time Traveler

The first known use of federal funds was in 1924

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Dictionary Entries Near federal funds

federalese

federal funds

federalism

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Statistics for federal funds

Last Updated

6 Jan 2022

Cite this Entry

“Federal funds.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/federal%20funds. Accessed 17 Jan. 2022.

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