Family Radio Service; a class of small handheld, low power two-way radios (walkie-talkie -like), common in Canada and the US and operable without a license, and commonly used for airsoft on-field communications.
Federal Reserve System. A U.S. system established by the Federal Serve Act of 1913 to regulate the U.S. monetary and banking system. The main functions of the FRS are to supervise the printing of currency, regulate the national money supply, set reserve requirements, examine member banks to ensure they meet various regulations, and act as a clearinghouse for the transfer of funds throughout the banking system.
amily adio ervice. A low-power personal radio service authorized by the FCC in 1998. FRS operates on "splinter" frequencies in between regular GMRS channels.
Family radio service. A very low power, short range two-way radio service in the 460 MHz band.
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"
FEDERAL RESERVE SYSTEM. The central bank of the United States, controls supply of money, credit availability and benchmark interest rates. Made up of the twelve Federal Reserve Banks.
(Family Radio Service) - A short-range, 2-way radio service designated for recreation and other non-business applications. Due to its limited range, specific frequencies, and intended applications, FRS does not require FCC licensing, unlike the more powerful GMRS radios do. FRS uses Ultra High Frequency (UHF) bands between 462 and 469 MHz.
Family Reconciliation Services
Family Radio Service is used by family, friends and associates to communicate within a neighborhood and while on group outings and has a communications range of less than one mile.
FEDERAL RESERVE SYSTEM. The central bank of the United States which functions to control the money supply, availability of credit and interest rates. The FRS is comprised of twelve Federal Reserve Banks to which all nationally chartered commercial banks must belong and to which state chartered banks may choose to join. The system was created by Congress in 1913 and is governed by a seven-member Board of Governors each of whom are appointed for fourteen year terms by the President of the United States.