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 In addition to city dollars, federal funds and airports fees could help pay for a new terminal. Randy Diamond, ExpressNews.com, "Will airport’s master plan include a new terminal? We won’t know till summer 2021," 20 Aug. 2020 When it was enacted, federal funds poured into states to expand prisons and police forces. Melissa Gira Grant, The New Republic, "The Stories Kamala Harris Won’t Tell Anymore," 20 Aug. 2020 Issues that will be compounded by America's fragile jobs market recovery, which appears to be losing steam as infections rise and federal funds dry up. Tara John, CNN, "What you need to know about coronavirus on Friday, August 14," 14 Aug. 2020 Zoo president Joel Parrott said emergency federal funds have run out and the zoo is now surviving on a $3 million reserve fund, which will be gone in months. Steve Rubenstein, SFChronicle.com, "Coronavirus: Oakland Zoo losing $2 million a month, at risk of closing for good, officials say," 1 July 2020 While federal funds have bankrolled research in this area, Congress has historically been more apt to spend money on already-here crises like Ebola than on preparedness measures. Lila Thulin, Smithsonian Magazine, "Remdesivir Works Against Many Viruses. Why Aren’t There More Drugs Like It?," 13 May 2020 Honolulu: The Hawaii National Guard has received approval for an extension of federal funds to continue assisting the state’s coronavirus response through March. From Usa Today Network And Wire Reports, USA TODAY, "Restaurant win, skiing changes, seafood boost: News from around our 50 states," 11 Dec. 2020 The challenge for workers will only get harder as the MTA may slash service without $12 billion of federal funds as the coronavirus pandemic has decimated revenue and ridership. Natalie Wong, Bloomberg.com, "NYC Recovery at Risk With School Shutdown, Looming Subway Cuts," 18 Nov. 2020 The first reports from the state on how CARES Act money was spent show that the large influx of federal funds not only helped Florida cope with the coronavirus pandemic but also helped relieve severe revenue losses. Gray Rohrer, orlandosentinel.com, "DeSantis has spent billions in federal cash with little oversight. And the spigot runs dry soon.," 11 Nov. 2020

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

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The first known use of federal funds was in 1924

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Statistics for federal funds

Last Updated

6 Jan 2021

Cite this Entry

“Federal funds.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/federal%20funds. Accessed 17 Jan. 2021.

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