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central bank

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
1920-25 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for central bank
  • Of course, the fear in that case is not bankruptcy but that central bank financing of future deficits will stoke inflation.
  • The instability of the system is due to the way the central bank and the monetary system works.
  • The central bank is pursuing tighter monetary policy while trying to preserve growth.
  • Acting as a lender of last resort during a financial panic is one of the core responsibilities of any central bank.
  • Three years after the central bank thought it had ended deflation, it has returned.
  • In part, the central bank made losses because of the exchange-rate policy the country pursued.
  • Only a central bank can provide the liquidity needed in times of crisis.
  • Even so, the central bank may still be underestimating the possible scale of the downturn.
  • The central bank will take two different actions meant to jumpstart the economy.
  • But the central bank will continue to reinvest maturing securities, to keep its balance sheet stable, not contracting.
British Dictionary definitions for central bank

central bank

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