reserve bank

reserve bank

n.

1. A central bank that holds the reserves of other banks.

2. One of the 12 main banks of the U.S. Federal Reserve System.

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reserve bank

n

(Economics, Accounting & Finance / Banking & Finance) one of the twelve banks forming part of the US Federal Reserve System

Thesaurus

Noun

1.

reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their region Federal Reserve Bank 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" banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"