central bank

central bank

n.

A nation's principal monetary authority, such as the Federal Reserve Bank, which regulates the money supply and credit, issues currency, and manages the rate of exchange.

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central bank

n

(Economics, Accounting & Finance / Banking & Finance) a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit

Thesaurus

Noun

1.

central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets European Central Bank - the central bank of those members of the European Union who share a common currency; "The European Central Bank is Europe's equivalent of the Federal Reserve" Federal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered 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" Bank of England - the central bank of England and Wales Bundesbank - the central bank of Germany Bank of Japan - the central bank of Japan