Federal Deficit (Surplus): Agencies of the federal government set up to supply credit to various classes of institutions and individuals, e.g., S&Ls, small business firms, students, farmers, and exporters.

 

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Federal Deficit (Surplus): Agencies of the federal government set up to supply credit to various classes of institutions and individuals, e.g., S&Ls, small business firms, students, farmers, and exporters.

Federal Meat Inspection Act Of 1906: Enacted June 30, 1906, as chapter 3913, 34 Stat. 674, and substantially amended by the Wholesome Meat Act 1967 (P.L. 90-201), requires USDA to inspect all cattle, sheep, swine, goats, and ho . . . View Full Definition

Federal Land Policy And Management Act Of 1976 (FLPMA): P.L. 94-579 (October 21, 1976) 1) set out for the Bureau of Land Management standards for managing public land, including land-use planning, sales, withdrawals, acquisitions, and exchanges: . . . View Full Definition

Federal National Mortgage Association (Fannie Mae): A bank administered under the U.S. Farm Credit Administration that provides long-term mortgage credit to farmers for agriculture-related expenditures.

Federal National Mortgage Association (FNMA): Popularly known as Fannie Mae, an active participant in the secondary mortgage market. Fannie Mae was established as a federal agency in 1938 for the purpose of purchasing FHA loans from loa . . . View Full Definition

Federal Open Market Committee (FOMC): The Open Market Committee (FOMC) of the Federal Reserve Board meets eight times a year to evaluate the threat of inflation or recession. Based on its findings, the 12-member FOMC determines . . . View Full Definition

Federal Observances: A day recognized be the Federal Government as a day in need of recognition. Federal employees are not given the day off from work.

Federal Noxious Weed Act: P.L. 93-629 (January 3, 1975) was adopted to prevent foreign weeds from entering and becoming established to the detriment of U.S. crops and livestock. Under this act, the Animal and Plant H . . . View Full Definition

Federal Land Credit Associations: Institutions within the Farm Credit System (FCS) that have authority to make long-term real estate loans to eligible retail customers. Flcas receive their funds directly from the Farm Credit Banks.

Federal Land Bank Associations (Flbas): Institutions within the Farm Credit System that take applications for and service long-term real estate loans for the Farm Credit Banks, but do not have direct lending authority.