| Library / English Dictionary |
CENTRAL BANK
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
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
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("central bank" is a kind of...):
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)
Hyponyms (each of the following is a kind of "central bank"):
European Central Bank (the central bank of those members of the European Union who share a common currency)
Fed; Federal Reserve; Federal Reserve System; FRS (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)
Bank of England (the central bank of England and Wales)
Bundesbank (the central bank of Germany)
Bank of Japan (the central bank of Japan)
