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.

Nearby words

  1. central american,
  2. central amputation,
  3. central angle,
  4. central apnea,
  5. central artery of retina,
  6. central bedfordshire,
  7. central casting,
  8. central city,
  9. central committee,
  10. central cord syndrome

Origin of central bank

First recorded in 1920–25

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for central bank



British Dictionary definitions for central bank

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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012