Meaning Of The Word Central bank

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Central bank Meaning

Central bank Definition
Central bank Definition

What's The Definition Of Central bank?

central bank in American English
the main, centralized bank of a nation, responsible variously for implementing monetary policy, issuing currency, handling banking transactions for the government and other banks, etc.
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

central bank in British English
noun: a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit

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