Tag: R43389

Federal Financing Bank (FFB) (CongressionalGlossary.com)

Federal Financing Bank (FFB) (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Federal Financing Bank (FFB) photo credit: Alun Salt The Federal Financing Bank (FFB) is a government corporation, created by Congress in the Federal Financing Bank Act of 1973 (12 U.S.C. 2281 et seq.), under the general supervision of the Secretary of the Treasury (31 U.S.C. […]

Seigniorage (CongressionalGlossary.com)

Seigniorage (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Seigniorage photo credit: leebuntu The difference between the face value of minted circulating coins and the cost of their production, including the cost of metal used in the minting and the cost of transporting the coins to Federal Reserve Banks for distribution to the public. […]