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Definition of Central bank
1. 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.
Specialized synonyms: European Central Bank, Fed, Federal Reserve, Federal Reserve System, Frs, Bank Of England, Bundesbank, Bank Of Japan
Definition of Central bank
1. Noun. The principal monetary authority of a country or monetary union; it normally regulates the supply of money, issues currency and controls interest rates. It usually oversees banking activity within its country's borders. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Central Bank
Literary usage of Central bank
Below you will find example usage of this term as found in modern and/or classical literature:
1. Adjustment and Equity in Chile by Patricio Meller (1992)
"The role of the Chilean central bank changed considerably during the crisis years,
... Whereas previously the central bank had pursued a policy of minimum ..."
2. A History of Transportation in the Eastern Cotton Belt to 1860 by Ulrich Bonnell Phillips (1908)
"The capital of the central bank consisted of all moneys, bonds, and stocks owned by
... All receipts by the state went into the vaults of the central bank, ..."
3. Rural Credits, Land and Cooperative by Myron Timothy Herrick, R. Ingalls (1914)
"central bank.—State Aid.—Servian Banks of Raiffeisen Type.—Joint-stock Central
Bank.—General Union. —Public Granaries.—Farmers' Banks of Bulgaria. ..."
4. The Law of Contractsby Theophilus Parsons, John Melville Gould by Theophilus Parsons, John Melville Gould (1904)
"10 central bank, Ex ¡>arte i. 179 v. Allen i. 313, 317 /•. Hume ii. ... 16, 30
central bank of Brooklyn p. Lang i. 273 Central City Bank ». Walker i. ..."
5. Money and Banking Illustrated by American History, Rev. and Continued to the by Horace White (1911)
"CHAPTER XXI THE central bank QUESTION LOOKING at the past we find that we have
had an average of one general bank suspension for each decade since 1837, ..."
6. Popular Science Monthly (1912)
"This, like the central bank, has for members associations instead of persons ...
The average interest rate charged by the central bank in 1909 was 3.92 per ..."