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TAKE THE QUIZ“federal reserve”
The following 6 entries include the term federal reserve.
Federal Reserve bank
noun: one of 12 reserve banks set up under the Federal Reserve Act to hold reserves and discount commercial paper for affiliated banks in their respective districts
Federal Reserve Board
noun: a 7-member board of governors overseeing the Federal Reserve System
Federal Reserve System
noun: the central banking system of the U.S. consisting of 12 districts with a Federal Reserve bank in the principal commercial city of each district
Federal Reserve agent
noun: the director who is designated by the board of governors of the Federal Reserve system as chairman of the board of directors of a Federal Reserve bank and who acts as official representative of the board of governors to the bank
Federal Reserve district
noun: one of the 12 districts set up under the Federal Reserve system each of which contains a Federal Reserve bank
Federal Reserve note
noun: a currency note issued by the Federal Reserve banks and secured by a gold-certificate reserve of 25 percent and the balance of 75 percent in gold certificates, commercial paper, or U.S. government obligations
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Merriam-Webster unabridged
