- quarterly Federal Reserve survey showing the movement of funds between different sectors of the economy-households, businesses, governments, and financial institutions. The survey, the "Flow of Funds Accounts," is reported monthly in the Federal Reserve Bulletin and is a useful indicator of buying preferences of institutional investors.
- statement in the bond resolution of a municipal bond issuer stating how municipal revenues are to be applied, generally giving priority to maintenance and operations, and bond debt service. See also cash flow.
Economics: the way funds in the national economy are transferred from savings surplus units to savings deficit units through financial intermediary.
Municipal bonds: statement found in the bond resolutions of municipal revenue bond showing the priorities by which municipal revenue will be applied.
Economics: in referring to the national economy, the way funds are transferred from savings surplus units to savings deficit units through financial intermediaries. See also financial intermediary.
Municipal bonds: statement found in the bond resolutions of municipal revenue issues showing the priorities by which municipal revenue will be applied. Typically, the flow of funds in decreasing order of priority is operation and maintenance, bond debt service, expansion of the facility, and sinking fund for retirement of debt prior to maturity. The flow of funds statement varies in detail from issue to issue.
Mutual funds: movement of money into or out of mutual funds or between various fund sectors. Heavy inflows and outflows are viewed respectively as bullish or bearish indicators for the stock market in general or for stock prices of the underlying companies in different sectors.
