reserve bank


noun

one of the 12 principal banks of the U.S. Federal Reserve System.
a bank authorized by a government to hold the reserves of other banks.

Nearby words

  1. reserpine,
  2. reservation,
  3. reservationist,
  4. reserve,
  5. reserve air,
  6. reserve buoyancy,
  7. reserve capacity,
  8. reserve clause,
  9. reserve currency,
  10. reserve force

Origin of reserve bank

First recorded in 1900–05

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


British Dictionary definitions for reserve bank

reserve bank

noun

one of the twelve banks forming part of the US Federal Reserve System
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