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federal funds rate (E5)<br />The rate at which the member banks of the FEDERAL RESERVE SYSTEM trade reserves with each other. Banks with more reserves than required lend their surplus to other banks with a deficiency. Although this rate is determined by the demand for and supply of excess reserves in the banking system, the Federal Reserve can influence it.<br /><em>See also:</em> prime rate of interest
<strong>MDHE Digest</strong> – The Missouri Department of Higher Education' s monthly electronic newsletter. To sign up for this publication, visit
http://www.dhe.mo.gov/mdhedigest/signup.shtml.
<strong>Limitation</strong> – The continuation of a school' s eligibility to participate in the guarantor' s programs, subject to compliance with special conditions or restrictions established by the U.S. Department of Education or by the guarantor.
powers and acttvttles are defined in the statute or articles which set it up. It is the major way of organizing a large firm in many countries and hence is responsible for most industrial and commercial output of several national economies. As most large corporations, whether in the public or private sectors, are to a large extent controlled by their managers, many have asked to whom they are ultimately responsible.<br /><em>See also:</em> managerial models of the firm; multinational corporation; public enterprise; transnational corporation
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