Online Dictionary

central bank Explained

central bank at English => English (Longman) Of Explained:

n [C] a national bank that does business with the government, and controls the amount of money available and the general system of banks//

central bank at English => English (The Britannica Concise) Of Explained:

Institution, such as the U.S. Federal Reserve System, charged with regulating the size of a nation's money supply, the availability and cost of credit, and the foreign-exchange value of its currency (see foreign exchange). Central banks act as the fiscal agent of the government, issuing notes to be used as legal tender, supervising the operations of the commercial banking system, and implementing monetary policy. By increasing or decreasing the supply of money and credit, they affect interest rates, thereby influencing the economy. Modern central banks regulate the money supply by buying and selling assets (e.g., through the purchase or sale of government securities). They may also raise or lower the discount rate to discourage or encourage borrowing by commercial banks. By adjusting the reserve requirement (the minimum cash reserves that banks must hold against their deposit liabilities), central banks contract or expand the money supply (see fractional reserve system). Their aim is to maintain conditions that support a high level of employment and production and stable domestic prices. Central banks also take part in cooperative international currency arrangements designed to help stabilize or regulate the foreign-exchange rates of participating countries. Central banks have become varied in authority, autonomy, functions, and instruments of action, but there has been consistent increased emphasis on the interdependence of monetary and other national economic policies, especially fiscal policies and debt-management policies. See also bank, investment bank, savings bank.

central bank at English => English (Oxford Advanced Learners) Of Explained:

noun
a national bank that does business with the government and other banks, and ISSUES the country's coins and paper money

central bank at English => English (WordNet) Of Explained:

central bank
n : a government monetary authority that issues currency and
regulates the supply of credit and holds the reserves of
other banks and sells new issues of securities for the
government

central bank at English (WD) Of Explained:

==English==

Noun

Inter: wikipedi » a
Inter: en-noun » head=central bank
  • The principal monetary authority of a country or monetary union; it normally regulates the supply of money, issues currency and controls interest rates. It usually oversees banking activity within its country's borders.

    Translations

    Inter: trans-top » the principal monetary authority of a country
    • Finnish: Inter: t+ » fi|keskuspankki
    • German: Inter: t+ » de|Zentralbank|f, Inter: t+ » de|Notenbank|f
    • Greek: κεντρική τράπεζα (kentrikí trápeza)
    • Hungarian: Inter: t+ » hu|jegybank, Inter: t- » hu|központi bank


    Inter: trans-mi » d
  • Spanish: banco central {{m}}
  • Swahili: Inter: t+ » sw|benki kuu
  • Swedish: Inter: t+ » sv|riksbank|c, Inter: t+ » sv|centralbank|c

  • Inter: trans-botto » m

    See also

    * monetary authority
    • reserve bank


    Translation: et » central bank
    Translation: ko » central bank
    Translation: sw » central bank
    Translation: ku » central bank
    Translation: my » central bank
    Translation: sv » central bank
    Translation: ta » central bank