Desk


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Related to Desk: DSEK, IKEA

Desk

The New York Federal Reserve Bank's trading desk (or securities department) where all transactions of the Federal Reserve System are executed in the money market or the government securities market.

Desk

Any trading desk or department at which transactions are carried out. One example is the home loan department at a bank. However, it especially applies to the Securities Department at the New York Federal Reserve, which carries out all of the Federal Reserve's orders to increase or decrease the dollar supply when it changes interest rates.
References in classic literature ?
And she went to her desk at once and hung the black turban hat with the gold-green macaw wing in its accustomed place.
Just before school closed, Jo appeared, wearing a grim expression as she stalked up to the desk, and delivered a letter from her mother, then collected Amy's property, and departed, carefully scraping the mud from her boots on the door mat, as if she shook that dust of the place off her feet.
An unhealthy-looking boy, with warts all over his hands, stepped from his place to the master's desk, and raised his eyes imploringly to Squeers's face; his own, quite white from the rapid beating of his heart.
I will see this woman and will think the thoughts I have never dared to think," he told himself, gripping the edge of the desk and waiting.
When they had severally remained in this condition for some minutes, Miss Sally all at once gave a loud rap upon the desk with her clenched fist, and cried, 'I've hit it
After laying his head on the desk for a little while, he would cheer up, somehow, begin to laugh again, and draw skeletons all over his slate, before his eyes were dry.
Besides, the desk itself has its own familiar interest as my constant traveling companion of many years past.
Once, the first time, when the rent of the house was two months behind and the landlord was threatening dispossession, it was Felipe Rivera, the scrub-boy in the poor, cheap clothes, worn and threadbare, who laid sixty dollars in gold on May Sethby's desk.
The room was large, and sombre with dark woods and hangings like the hall; but through the west window the sun threw a long shaft of gold across the floor, gleamed dully on the tarnished brass andirons in the fireplace, and touched the nickel of the telephone on the great desk in the middle of the room.
The night- clerk was there, behind the desk, sitting in the dim light of another tallow candle--just sitting and staring.
For such offenders, if any such there be, a rod of birch is hanging over the fireplace, and a heavy ferule lies on the master's desk.
There was a big desk in it, and a couple of big arm-chairs; a Turkey carpet adorned the floor, and the walls were decorated with sporting prints.