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.
Origin of central bank
First recorded in 1920–25
Words nearby central bank
Example sentences from the Web for central bank
Elections make sense; central-bank announcements replete with jargon, arcane policies, and acronyms do not stir souls.
Mario Draghi May Become the Man Who Saved Europe—and the World |Zachary Karabell |September 7, 2012 |DAILY BEAST
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