Terms Used In Tennessee Code > Title 47 > Chapter 25 > Part 18 - Warranties for Retailers and Suppliers

• Contract: A legal written agreement that becomes binding when signed.
• Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ^{Source: OCC}