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The Goddamn Reserve Challenge

To travel around every Native reservation within a given province/or state and impregnate one in each reserve.

Dude 1: "Holy faaack dude, I just finished The Goddamn Reserve Challenge!"
Dude 2: "Fuck bro, you better be ready to be raped by child support."

by SnagginWagon March 27, 2015


Federal Reserve Board

(US GOVERNMENT) one of two governing boards of the US Federal Reserve System (the Usonian Central Bank). The FRB consists of seven governors appointed by the White House to staggered terms of 14 years.

Governor appointments are subject to Senate confirmation.

The FRB sets monetary policy. Its seven members also serve on the other governing board of the Fed, the FOMC. However, the FRB has sole responsibility for discount rates and reserve requirements, and it is also responsible for enforcement of banking regulation.

Despite the fact that the Chairman of the Federal Reserve Board has the same power as the other six governors, most people have only heard of Alan Greenspan (1987-2006) or Ben Bernanke (2006-present). About the same time, Susan M. Phillips (1991-1998) held approximately equal power on the Board; so did Roger W. Ferguson, Jr. (1997-2006).

Because governors almost never serve their full terms, there are currently only five governors on the board. The two longest-serving members, Bernanke and Vice Chair Donald Kohn, have only been there since August 2002.

by Abu Yahya June 16, 2010

26๐Ÿ‘ 47๐Ÿ‘Ž


60 Acre Reserve

A section of Jackson NJ. The adults and teens alike are almost all addicts. Prescription pills are the drug of choice but weed and meth arent too far behind. All are very easy to find. Most kids play basketball while doing drugs or drinking in the park. They also walk to the nearby Wawa or Rite Aid Shopping center where they skate. Most kids go to Liberty HS but some go to the older Memorial.

Jackson 60 Acre Reserve

by Mean Joe October 17, 2011

11๐Ÿ‘ 18๐Ÿ‘Ž


211 Steel reserve

Poverty in a can.

You tryna cop some 211 steel reserve at the corner store with that last buck 25?

by Scary uncle August 4, 2021

4๐Ÿ‘ 3๐Ÿ‘Ž


blowing your reserve

when u take a hit off a blunt or bong and start coughing.. so hard that you throw up a big puddle of mucous.. not actual puke just mucous.

the first smoke of the day usually leads up to.. blowing your reserve

by italian smallie April 19, 2009

2๐Ÿ‘ 2๐Ÿ‘Ž


Federal Reserve currency

The currency issued by the Federal Reserve that is marked by being both fiat money and debt money. All American money issued by the federal government is Federal Reserve currency.

Federal Reserve currency is identified with "$USD".

by Jon Davis January 14, 2004

20๐Ÿ‘ 58๐Ÿ‘Ž


Federal Reserve System

(ECONOMICS) the central bank of the United States; often called "the Fed" for short. Sole bank of issue for the US dollar since 1971*; issuer of nearly all US currency since 1914.

Created in December 1913 through the Federal Reserve Act; while signed into law by Pres. Wilson, the basic outline of the FRB was developed by the Aldrich-Vreeland Committee (see Aldrich-Vreeland Act) during the Taft Administration (1909-1913).

In addition to issuing currency, the Fed is responsible for some (but not all) oversight of banks; management of the nation's money supply (using purchases and sales of US Treasury securities; see monetary policy); and management of a national check clearing system.

The Fed includes two central managing committees, the Federal Reserve Board and the Federal Open Market Committee (FOMC). It also has 12 district banks; each is known as a Federal Reserve Bank.

The Federal Reserve System is a member of the International Monetary Fund (IMF) and the Bank of International Settlements (BIS).
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*Until 1971, the US Treasury issued a small share of bank notes, or "national notes." They were almost identical in appearance to Federal Reserve notes.

Between 1863 and 1935, federally chartered banks national banks were allowed to issue currency equal to 90% of US treasury securities deposited with the US Treasury. After 1914, when the Fed commenced operations, it nearly stopped entirely.

The Federal Reserve System has twelve district banks, whose management is chose by bank holding companies. The president of each district bank is himself likely to have been an officer of a bank holding company. Hence, regulatory capture was built into the system from the beginning.

by Abu Yahya May 5, 2010

66๐Ÿ‘ 326๐Ÿ‘Ž