central banknoun [ C ]
uk/ˌsen.trəl ˈbæŋk/us/ˌsen.trəl ˈbæŋk/a bank that provides services to a national government, puts the official financial plans of that government into operation, and controls the amount of money in the economy
Thesaurus: synonyms and related words
Banks
- bank
- banking
- building society
- clearing house
- credit
- credit union
- deposit
- e-bank
- exchange rate
- financial services
- foreign exchange
- gnome
- merchant bank
- pay
- personal identification number
- rate of exchange
- savings and loan association
- statement
- the IMF
- thrift
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Examples from literature
- Each federal reserve bank is a large central bank organized by the banks of a certain district.
- The federal government should establish a central bank of the United States.
- Will a central bank of issue, or some institution like it, establish the business of the country on a basis less likely to be disturbed by panics?