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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
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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