- central bank
- A country's main bank whose responsibilities include the issue of currency, the administration of monetary policy, open market operations, and engaging in transactions designed to facilitate healthy business interactions. Bloomberg Financial DictionarySee: Federal Reserve System. Bloomberg Financial Dictionary
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* * *A central bank is the major regulatory bank in a nation or group of nations' monetary system. Its role normally includes control of the credit system, the issuing of notes and supervision of commercial banks. It also manages the exchange reserves and the value of the national currency, and acts as the government's banker, e.g. the Bank of England, the Federal Reserve and the European Central Bank.
* * *central bank UK US noun [C] (also national bank, also reserve bank)► BANKING, FINANCE, GOVERNMENT the official bank of a country, whose responsibilities typically include making money available and controlling interest rates: »
Japan's central bank has held its key interest rate unchanged at 0.1%.
Financial and business terms. 2012.
Look at other dictionaries:
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central bank — n a national bank that does business with the government, and controls the amount of money available and the general system of banks … Dictionary of contemporary English
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central bank — a bank, as the Federal Reserve Bank, that holds basic banking reserves, issues currency, and acts as lender of last resort and controller of credit. [1920 25] * * * Institution, such as the U.S. Federal Reserve System, charged with regulating the … Universalium
Central Bank — A government bank that regulates a country s banks and manages a nation s monetary policy. The Federal Reserve is the central bank in the United States, whereas the European Central Bank ( ECB) is the central bank of the European Monetary Union.… … Financial and business terms
central bank — noun 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 • Hypernyms: ↑financial institution, ↑financial organization … Useful english dictionary