central bank

noun

Definition of central bank

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

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Other Words from central bank

central banker noun

Examples of central bank in a Sentence

Recent Examples on the Web In addition to those actions, the Biden administration barred U.S. financial institutions from buying Russian bonds directly from the Russian central bank, Finance Ministry and sovereign wealth fund, limiting Moscow’s ability to borrow money. Brooke Singman, Fox News, 9 June 2021 While Russia’s international reserves hit $600.9 billion in May, the highest ever, its central bank increased its benchmark interest rate by 0.5 percentage point to 5% in April. Tom Fairless, WSJ, 7 June 2021 Or ask Nigerian entrepreneurs, who recently requested the government consider a regulatory framework for startups after a surprise ban on crypto platforms by its central bank. Jackie Bischof, Quartz, 6 June 2021 Congress and the central bank should resist pressure to solve nonexistent crypto problems and instead allow entrepreneurs to innovate and empower our lives. Paul H. Jossey, National Review, 3 June 2021 The Biden administration also barred US financial institutions from participating in the primary market for bonds issued by Russia's central bank and other leading financial institutions. Maegan Vazquez, CNN, 28 Apr. 2021 In the seven years since Russia’s annexation of Crimea, Putin’s government and central bank have stripped back the country’s exposure to dollars, shifted assets out of the U.S. and sold a smaller share of its debt to foreigners. Anya Andrianova, Fortune, 19 Apr. 2021 The United States' prohibition on American companies trading Russia's sovereign debt with the country's central bank -- an expansion of previous limits -- caused Russia's ruble currency to slide Thursday. Ben Gittleson, ABC News, 15 Apr. 2021 This may well be because a number of central bank and congressional programs have provided companies with some respite. Mayra Rodriguez Valladares, Forbes, 10 Apr. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'central bank.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of central bank

1841, in the meaning defined above

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Time Traveler for central bank

Time Traveler

The first known use of central bank was in 1841

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Statistics for central bank

Last Updated

12 Jun 2021

Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 23 Jun. 2021.

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More Definitions for central bank

central bank

noun

English Language Learners 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

central bank

Legal Definition of central bank

— see bank

More from Merriam-Webster on central bank

Britannica.com: Encyclopedia article about central bank

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