Desk

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Related to Desks: IKEA, writing desks

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 ?
Davis, the teacher, that Amy March had pickled limes in her desk.
So he put Joe's slate on the desk and drew a line down the middle of it from top to bottom.
When she asked a third time for permission to quench it at the common fountain Miss Dearborn nodded "yes," but lifted her eyebrows unpleasantly as Rebecca neared the desk.
cried old Fezziwig, skipping down from the high desk, with wonderful agility.
Suddenly I came upon a pasteboard placard, beautifully written, which was lying on the desk, and bore these words: 'TAKE CARE OF HIM.
Now, I had made no attempt to walk, since my first signal failure, except while tightly grasping Tars Tarkas' arm, and so now I went skipping and flitting about among the desks and chairs like some monstrous grasshopper.
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.
The reading class now seated on the form in front of the schoolmaster's desk consisted of the three most backward pupils.
The individual at the desk rose and departed, closing the door as he went out.
That striking picture dominated a massive mahogany desk, and, in front of this desk, a very roomy, tall-backed armchair of dark green velvet.
Drawers, desks, pockets, all things belonging to him, Mr.
There were three rows of desks in it and against them high stools.