reserve bank

reserve bank

n.1. A central bank that holds the reserves of other banks.2. One of the 12 main banks of the US Federal Reserve System.

reserve bank

n (Banking & Finance) one of the twelve banks forming part of the US Federal Reserve System

reserve′ bank`

n. 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. [1900–05]

Thesaurus

Noun

1.

reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their regionFederal Reserve BankFederal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"