| bundesbank | |
noun | |
| the central bank of Germany |
Bundesbank
Refers to the central bank of Germany. This is the U.S. equivalent of the Federal Reserve.
Investopedia Commentary
The Bundesbank was in charge of the German deutsche mark but now that the country has adopted the euro, it is part of the European system of central banking.
Related Links
What Are Central Banks?
See also: Central Bank, Federal Reserve Bank, Monetary Policy