reserve bank

noun

Definition of reserve bank

: a central bank holding reserves of other banks

Examples of reserve bank in a Sentence

Recent Examples on the Web In a letter sent to Fed Chairman Jerome Powell on Tuesday, the senator said the Fed by Monday should provide a complete disclosure of trading by all Fed governors and reserve bank presidents who served from the start of last year until now. Michael S. Derby, WSJ, 7 Dec. 2021 Those responsibilities include annual reviews of each reserve bank, including budgets and general operations. Nick Timiraos, WSJ, 15 Oct. 2021 That has drawn attention to the process through which reserve bank presidents are renominated to new terms. Washington Post, 6 Oct. 2021 The reserve bank also said that the Westpac unit’s current liquidity and funding positions are sound and that the bank is well capitalized. Jack Hagel, WSJ, 24 Mar. 2021 The minutes could show whether other, nonvoting reserve bank presidents had reservations. Nick Timiraos, WSJ, 7 Oct. 2020 Kaplan votes on this year’s policy-setting Federal Open Market Committee but the Dallas Fed won’t again until 2023 under the reserve bank rotation system. Catarina Saraiva, Bloomberg.com, 29 Sep. 2020 While reserve banks and governments are reacting swiftly to try to stabilize the economy and financial markets, many government moves weren’t quick enough to slow infections of the coronavirus, which causes the COVID-19 disease. Rich Lesser, Fortune, 19 Mar. 2020 But its network of less important reserve banks had another 19,500. The Economist, 22 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reserve 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 reserve bank

1816, in the meaning defined above

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Time Traveler for reserve bank

Time Traveler

The first known use of reserve bank was in 1816

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Dictionary Entries Near reserve bank

reserve account

reserve bank

reserve buoyancy

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Statistics for reserve bank

Last Updated

24 Dec 2021

Cite this Entry

“Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reserve%20bank. Accessed 17 Jan. 2022.

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