\ˌɛfˌɑːɹˈɛs], \ˌɛfˌɑːɹˈɛs], \ˌɛ_f_ˌɑː_ɹ_ˈɛ_s]\
Definitions of FRS
Sort: Oldest first
the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and stated charted commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"
By Princeton University
Word of the day
- This term applies to the precise value of property upon which taxes need be paid.