Definitions for Bank of England
bank of eng·land

Princeton's WordNetRate this definition:0.0 / 0 votes

1. Bank of Englandnoun

   the central bank of England and Wales

WiktionaryRate this definition:0.0 / 0 votes

1. Bank of Englandnoun

   The central bank of the United Kingdom.

2. Bank of Englandnoun

   The building in Threadneedle Street that houses it.

3. Bank of Englandnoun

   The organisation which controls this bank.

WikidataRate this definition:0.0 / 0 votes

1. Bank of England

   The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world, after the Sveriges Riksbank, and the world's 8th oldest bank. It was established to act as the English Government's banker, and is still the banker for HM Government. The Bank was privately owned from its foundation in 1694 until nationalised in 1946. In 1998, it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with independence in setting monetary policy. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, but has a monopoly on the issue of banknotes in England and Wales and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for managing monetary policy. The Treasury has reserve powers to give orders to the committee "if they are required in the public interest and by extreme economic circumstances" but such orders must be endorsed by Parliament within 28 days. The Bank's Financial Policy Committee held its first meeting in June 2011 as a macro prudential regulator to oversee regulation of the UK's financial sector.

Matched Categories

1. • Central Bank

How to pronounce Bank of England?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Bank of England in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Bank of England in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of Bank of England in Pythagorean Numerology is: 7

Examples of Bank of England in a Sentence

1. Nigel Farage:

   I don't want to be disparaging about one of your nationals, i don't think the governor of the Bank of England behaved in an independent manner during this campaign at all. And I think there will be some real questions in Parliament about whether it's appropriate for him to continue in that role.

2. James Hick:

   Leaving the EU will make it much more difficult to attract the brightest and best, it will mean more bureaucracy for those coming to Britain and salaries could be less competitive, especially if sterling falls, as many warn it could - including the Bank of England.

3. Societe Generale strategist Kit Juckes:

   There could still be more layoffs to come, but when [ the Bank of England ] weighs risks to the jobs market against the upward trend in inflation, the latter will surely win.

4. Mark Carney:

   The Bank of England approaches Libra with an open mind but not an open door, unlike social media ... the terms of engagement for innovations such as Libra must be adopted in advance of any launch.

5. Nigel Purvis:

   Climate change creates material risks for U.S. financial institutions and by extension the entire U.S. economy, other financial regulators, including the Bank of England, are climate proofing their financial sectors by requiring climate disclosures and more active management of climate risks.  The Fed should do the same.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Bank of England
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Bank_of_England
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Bank of England