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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"
Generic synonyms: Central Bank
Member holonyms: Federal Reserve Bank, Reserve Bank, National Bank, Member Bank
Lexicographical Neighbors of Federal Reserve System
Literary usage of Federal reserve system
Below you will find example usage of this term as found in modern and/or classical literature:
1. Readers' Guide to Periodical Literature by H.W. Wilson Company (1914)
"federal reserve system. EE Agger. Pol. T: Conway, jr. J. Pol. Econ. 22: 319-31.
Ap. Getting ready to launch the new currency system. Cur. Opinion. 56: 93-5. ..."
2. Readers' Guide to Periodical Literature by Anna Lorraine Guthrie, Marion A. Knight, H.W. Wilson Company, Estella E. Painter (1920)
"Bankers M 93:12-14 Jl '16 federal reserve system and foreign banking. H: P.
Willis. Bankers M 97:551-9 N '18 federal reserve system and inflation. ..."
3. Money and Banking: Illustrated by American History by Horace White (1911)
"... CHAPTER XXII THE federal reserve system ON June 26, 1913, a bill proposing
radical changes in our banking and currency system was introduced in Congress ..."
4. Money and Banking by John Thom Holdsworth (1917)
"CHAPTER XXII THE federal reserve system 183. Federal reserve banks.—In previous
chapters reference has been made at different places to the terms and ..."
5. Money and Banking by John Thom Holdsworth (1920)
"CHAPTER XXII THE federal reserve system 183. Federal reserve banks.—In previous
chapters reference 'has been made at different places to the terms and ..."
6. Preliminary Economic Studies of the War by Carnegie Endowment for International Peace Division of Economics and History (1919)
"CHAPTER XV The federal reserve system during the War The task undertaken in this
study has been to set forth the effects of the war upon money, ..."
7. Effects of the War on Money: Credit and Banking in France and the United States by Benjamin McAlester Anderson (1919)
"The federal reserve system had not been set going when the great war broke out
at the end of July, 1914. The Federal Reserve Board was not organized till ..."