central bank

noun

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

Examples of central bank in a Sentence

Recent Examples on the Web
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The South Korean and European central banks have also raised interest rates in the last two months. — Priyanka Salve, CNBC, 7 Oct. 2026 But fresh inflation data expected next week will factor into the central bank’s decision. — Eleanor Mueller, semafor.com, 5 Oct. 2026 As the Iran war continued — and central banks worldwide began raising rates — members began favoring a hike, with three members wanting a quarter-point hike. — Taylor Millard, The Washington Examiner, 3 Oct. 2026 After all, if the ultimate goal of a central bank is to regulate the temperature of an economy by changing the cost of credit, then the fact that credit is increasingly extended by the bond market rather than banks inevitably has consequences. — Robin Wigglesworth, Fortune, 29 Sep. 2026 See All Example Sentences for central bank

Word History

First Known Use

1841, in the meaning defined above

Time Traveler
The first known use of central bank was in 1841

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Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 7 Oct. 2026.

Legal Definition

central bank

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