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A national monetary authority, such as the US Federal Reserve, which regulates the money supply and credit, issues currency, and manages the rate of exchange.
(Banking & Finance) a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit
A bank for banks, the central bank can lend other banks money in the last resort; it can also exercise some control over their activities. Central banks tend to work closely with the government. The US central banking system is the Federal Reserve.
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|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