| imp. & p. | 1. |
| Noun | 1. | Fed - any federal law-enforcement officer Synonyms: federal official, Federal |
| 2. | Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state charted commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply" |