Beige Book

Business / Taxes / Beige Book: Beige book is the colloquial name for the Federal report that is formally titled Summary of Commentary on Current Economic Conditions by Federal Reserve District. The Beige Book is prepared eight times per year by the Federal Reserve Board, in preparation for the Federal Open Market Committee (FOMC) meetings, at which its members discuss the state of the economy and determine whether any changes ought to be made to the discount rate and whether the money supply should be tightened or loosened. The report is based on information provided by each Federal Reserve Bank on its particular district and includes opinion and analysis from economists, bank directors, business people, and other market experts in each district. Economic forecasters use the Beige Book to predict whether and how the Fed will act after the FOMC meeting.

Other Words for Book

Book Verb Synonyms: engage, reserve, earmark, ticket, order, register, enrol, list, enlist, log, record, post
Book Noun Synonyms: volume, tome, work, publication, hard-cover, soft-cover, paperback
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Pass Book

Business / Debt / Pass Book: A book of recorded transactions in a savings account, issued by banks and building societies in which a customer's deposits, withdrawals and interest are entered. The book is retained by the customer MORE

Overbooking

Life Style / Travel / Overbooking: The practice of selling more airline seats than are available on a specific flight, to make up for no-shows. Usually backfires on the carrier and at times can create much consumer ill-will. Requires p MORE

Pass The Book

Business / Finance / Pass The Book: The process of transferring responsibility for a brokerage firm's trading account from one office to another around the world in order to benefit from trading 24 hours a day. MORE

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