Webster's Online Dictionary
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Specialty Definition: FEDWIRE

DomainDefinition
BankingElectronic funds transfer network operated by the Federal Reserve. Fedwire is usually used to transfer large amounts of funds and U.S. government securities from one institution's account at the Federal Reserve to another institution's account. It is also used by the U.S. Department of the Treasury and other federal agencies to collect and disburse funds. (references)
BusinessOne of the major wire transfer systems directly connected to the Federal Reserve Bank. Wire transfers of funds are executed through the Fedwire network, which is tied to all Federal Reserve branches, depository financial institutions, the Financial Management Service and other government agencies/organizations. Fedwire is a method of electronic funds transfer. (references)
FinanceThe Federal Reserve System's electronic funds transfer network. Fedwire is used for transferring reserve account balances of depository institutions, and for transferring government securities. Fedwire is also used for the settlement of other clearing systems, such as CHIPS (Clearinghouse Interbank Payments Systems), which engages Fedwire for settlement. (references)
HealthFederal Wire Transmission System. (references)
WikipedicFedwire, which is operated by the Federal Reserve, is a Real Time Gross Settlement system that enables financial institutions to electronically transfer funds amongst its more than 9,500 participants. (references)

Source: compiled by the editor from various references; see credits.

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Source: the editor, created by/for EVE to gauge likely levels of human interest in linguistically triggered topics (compiled across various sources, such as Wikipedia and specialty expression glosses).