VariousWords beta
Related Terms:
monetary union
reserve bank
fractional reserve banking
european central bank
swap line
ratissage
currency
polity
bank of england
monetary policy
regulate
bank of canada
federal reserve system
bank rate
interest rate
monetary authority
liquidationism
lombard rate
money
discount rate
Definitions:
Noun
central bank
Definition: a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
Definition: The principal monetary authority of a polity or monetary union; it normally regulates the supply of money, issues currency and controls interest rates. It usually oversees banking activity within its country's borders.