An operation or series of operations energetically pursued to accomplish a purpose: an advertising campaign for a new product; a candidate's political campaign. intr.v. camÂ·paigned, camÂ·paignÂ·ing, camÂ·paigns
What is Interbank Market? The Interbank Market refers to the modern day financial system which involves banks trading cash and other instruments with other financial institutions and banks. This never involves banks trading money with non-financial businesses, consumers, or retail investors.
Updated March 15, 2017. Definition: Open market operations is when the Federal Reserve buys or sells securities, such as Treasury notes or mortgage-backed securities, from its member banks. This is the major tool the Fed uses to raise or lower interest rates. When the Fed want interest rates to rise, it sells securities to banks.