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View synonyms for central bank

central bank

noun

  1. 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

  1. 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
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Word History and Origins

Origin of central bank1

First recorded in 1920–25
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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Over the course of three days ending on Sept. 19, the country’s central bank spent over $1 billion of its hard-currency reserves defending the Argentine peso from further depreciation.

From Salon

Farage also said he had pressed Bailey to change its approach to cryptocurrencies, having previously criticised the central bank over its stance on digital money.

From BBC

At the same time, mortgage rates started to inch down last month, as financial markets priced in expectations for an interest rate cut from the US central bank.

From BBC

In recent weeks, the Argentine central bank has stepped in to try to stave off further weakness in the peso.

From BBC

The cuts come off the back of a $12bn income tax giveaway announced in February and lower interest rates from India's central bank, all of which bode well for a consumption pick-up.

From BBC

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