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reserve bank

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reserve bank

 
Use reserve bank in a Sentence
–noun
1. one of the 12 principal banks of the U.S. Federal Reserve System.
2. a bank authorized by a government to hold the reserves of other banks.
Origin:
1900–05
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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reserve bank  
n.  

  1. A central bank that holds the reserves of other banks.

  2. One of the 12 main banks of the U.S. Federal Reserve System.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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