Definition of “central bank” - English Dictionary


“central bank” in English

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central banknoun [ C ]

uk /ˌsen.trəl ˈbæŋk/ us /ˌsen.trəl ˈbæŋk/

Examples from literature

  • Each federal reserve bank is a large central bank organized by the banks of a certain district. 
  • The federal government should establish a central bank of the United States. 
  • Will a central bank of issue, or some institution like it, establish the business of the country on a basis less likely to be disturbed by panics? 

(Definition of “central bank” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“central bank” in Business English

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central banknoun [ C ]

uk us 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%.

(Definition of “central bank” from the Cambridge Business English Dictionary © Cambridge University Press)

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