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

Word History and Origins

Origin of central bank¹

First recorded in 1920–25

Example Sentences

If only there was a monetary system not controlled by a central bank, untouchable by governments, where value could be transmitted without corruption or interference and unaffected by international borders.

From Singularity Hub 

The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns.

From Quartz

Denmark stands out in a global context as the country to have lived with negative central bank rates longer than any other.

From Fortune

In unprecedented moves, the central bank bought bonds in open market for the first time, and offered money at a cheaper rate to banks for one-to-three-year period.

From Quartz

The central bank said Ant used its dominance to exclude rivals, hurting the interests of its hundreds of millions of consumers.

From Fortune

He was surprised that the central bank did not understand that.

From The Daily Beast

“Everybody knows who these speculators are; the government and Central Bank have their ways to influence them,” Putin said.

From The Daily Beast

Trucks carrying money from the Central Bank were held up last week.

From The Daily Beast

The Central Bank of Russia spent $25.8 billion to prop up the ruble.

From The Daily Beast

And no other central bank has announced a dramatic shift in its holdings of U.S. government debt.

From The Daily Beast

Each affiliated person's account is thus kept to date, and this as much for the Central Bank as for the person affiliated.

From Project Gutenberg

Mr. Wilton's case was rendered far worse by the loss of a large private income derived from shares in the Central Bank.

From Project Gutenberg

There is just this chance, the rumours about the Central Bank may be false.

From Project Gutenberg

If all the people of a city kept their money in one central bank there would be no need of a clearing-house.

From Project Gutenberg

All foreign currency receipts are turned over to the Central Bank of Turkey.

From Project Gutenberg