central bank


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central bank

n.
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.

central bank

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

central bank

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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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
Translations
jegybankközponti bank
References in classic literature ?
At the Central Bank Building, two striking teamsters accosted Billy and took him away with them.
He forgot about it as he would have forgotten the Central Bank Building or the City Hall after having walked past them.
The Central Bank of Ireland (Central Bank) has made an application today to the High Court to have a provisional administrator appointed to CBL Insurance Europe dac (CBLIE).
Summary: Saudi Arabia's central bank has signed a deal with U.
Moscow -- State Bank of Pakistan has inked a Memorandum of Understanding (MoU) with the Central Bank of the Russian Federation (CBRF) on bilateral central banking cooperation between the two central banks.
According to the document, the imperfection of the existing mechanisms of the impact of the Central Bank on the quality of management and risk management of commercial banks and the practice of administrative interference in banking activity hamper to conduct effective banking control.
The UAE is working with Saudi Arabia's central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE Central Bank Governor Mubarak Rashed Al Mansouri said on Wednesday.
That would usher in a new era, with monetary policy returning to normal and the central bank beginning to gently push up interest rates.
Global Banking News-October 2, 2017--South Korean central bank not certain about central banks becoming digital currency hubs
Ongoing shake-ups in South Africa's government have threatened to reach the central bank, the South African Reserve Bank, writes Jannie Roussouw, Head of Economic & Business Sciences, University of the Witwatersrand-but can Zuma's Government actually change the bank's leadership.
The Central Bank of Cyprus said that it fined the Cyprus branch of the Central Cooperative Bank of Bulgaria e1/425,000 citing the latter's failure to comply with the provisions of the anti-money laundering legislation.
The European Central Bank (ECB) and the Bank of Japan (BoJ) are expected to cut rates further into negative territory, which may prompt other central banks to follow them lower in order to maintain the competitiveness of their currencies, QNB has said in a report.

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