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Definition of Federal reserve system
1. Noun. 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"
Exact synonyms: Fed, Federal Reserve, Frs
Generic synonyms: Central Bank
Member holonyms: Federal Reserve Bank, Reserve Bank, National Bank, Member Bank
Generic synonyms: Central Bank
Member holonyms: Federal Reserve Bank, Reserve Bank, National Bank, Member Bank
Lexicographical Neighbors of Federal Reserve System
Other Resources:
Bulgarian