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central bank
noun
- 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.
central bank
noun
- a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit
Word History and Origins
Origin of central bank1
Example Sentences
If only there was a monetary system not controlled by a central bank, untouchable by governments, where value could be transmitted without corruption or interference and unaffected by international borders.
The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns.
Denmark stands out in a global context as the country to have lived with negative central bank rates longer than any other.
In unprecedented moves, the central bank bought bonds in open market for the first time, and offered money at a cheaper rate to banks for one-to-three-year period.
The central bank said Ant used its dominance to exclude rivals, hurting the interests of its hundreds of millions of consumers.
He was surprised that the central bank did not understand that.
“Everybody knows who these speculators are; the government and Central Bank have their ways to influence them,” Putin said.
Trucks carrying money from the Central Bank were held up last week.
The Central Bank of Russia spent $25.8 billion to prop up the ruble.
And no other central bank has announced a dramatic shift in its holdings of U.S. government debt.
Each affiliated person's account is thus kept to date, and this as much for the Central Bank as for the person affiliated.
Mr. Wilton's case was rendered far worse by the loss of a large private income derived from shares in the Central Bank.
There is just this chance, the rumours about the Central Bank may be false.
If all the people of a city kept their money in one central bank there would be no need of a clearing-house.
All foreign currency receipts are turned over to the Central Bank of Turkey.
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