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

innovate

to introduce changes and new ideas

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More