Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “central bank”

central bank

noun [C]
 
 
(also national bank, also reserve bank)
BANKING, FINANCE, GOVERNMENT the official bank of a country, whose responsibilities typically include making money available and controlling interest rates: Japan's central bank has held its key interest rate unchanged at 0.1%.
→ See also the European Central Bank
(Definition of central bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of central bank?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “central bank”

Definitions of “central bank” in other dictionaries

Translations of “central bank”

Word of the Day

mutant

an organism that is different from others of its type because of a permanent change in its genes

Word of the Day

What’s that lovely smell?

by Kate Woodford,
October 29, 2014
As adult humans, we can distinguish about 10,000 different smells. It’s no wonder, then, that we have so many words and expressions to describe them. This week we’re taking a look at those smell words – words that describe good smells and words that describe bad smells. Most smell words are either

Read More 

high-frequency trading noun

October 27, 2014
a type of stock market trading that uses very complex technology to trade extremely quickly, often making tiny profits which nevertheless add up to substantial sums Lewis’s book, Flash Boys, is driving a huge amount of attention toward the topic of high frequency trading, and it has rekindled some of

Read More