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Meaning of CENTRAL BANK

Pronunciation:  sen'trâl bangk

 
WordNet Dictionary
 
 Definition: 
[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
 
 See Also: agency, authority, Bank of England, Bank of Japan, Bundesbank, bureau, European Central Bank, Fed, federal agency, Federal Reserve, Federal Reserve System, financial institution, financial organisation, financial organization, government agency, office

 

 

 

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