federal aid

federal aid
The use of federal funds in giving financial aid to states or state agencies, for particular purposes, such as the construction of highways, the elimination of slums, the control of disease, etc. See foreign aid.

Ballentine's law dictionary. . 1998.

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  • Federal-Aid Highway Act — The following bills and Acts of Congress in the United States have been known as the Federal Aid Highway Act or similar names:*Federal Aid Road Act of 1916: July 11, 1916, ch. 241, USStat|39|355 (first) *Federal Highway Act of 1921: November 9,… …   Wikipedia

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  • Federal funds — This article is about funds maintained by the U.S. Federal Reserve. For the funds provided by the U.S. government in terms of aid and assistance, see Federal aid. In the United States, federal funds are overnight borrowings by banks to maintain… …   Wikipedia

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