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central bank

noun

Simple Definition of central bank

  • : a bank that does business with other banks and with the government and that controls a country's money supply and interest rates

Source: Merriam-Webster's Learner's Dictionary

Full Definition of central bank

  1. :  a national bank that operates to establish monetary and fiscal policy and to control the money supply and interest rate

central banker noun

1922

First Known Use of central bank

1922


Law Dictionary

central bank

  1. see bank




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