What does Central Bank mean?

Definitions for Central Bank
cen·tral bank

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Central Bank.

Princeton's WordNet

  1. central banknoun

    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

Wiktionary

  1. central banknoun

    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.

Wikipedia

  1. Central bank

    A central bank, reserve bank, or monetary authority is an institution that manages the currency, money supply, and interest rates of a state or formal monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and also generally controls the printing of the national currency, which serves as the state's legal tender. A central bank also acts as a lender of last resort to the banking sector during times of financial crisis. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists.

ChatGPT

  1. central bank

    A central bank is a financial institution responsible for managing a country's money supply, controlling interest rates, ensuring financial system stability, formulating monetary policy, issuing currency, and overseeing the operation and function of the commercial banking system. It is often referred to as the last resort lender to commercial banks and holds the main government bank accounts. Most central banks are governed by an independent or semi-independent body to prevent political interference in the economic matters.

Wikidata

  1. Central bank

    A central bank, reserve bank, or monetary authority is a public institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the amount of money in the nation, and usually also prints the national currency, which usually serves as the nation's legal tender. Examples include the European Central Bank and the Federal Reserve of the United States. The primary function of a central bank is to manage the nation's money supply, through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Central banks usually also have supervisory powers, intended to prevent bank runs and to reduce the risk that commercial banks and other financial institutions engage in reckless or fraudulent behavior. Central banks in most developed nations are institutionally designed to be independent from political interference. The chief executive of a central bank is normally known as the Governor, President or Chairman.

Editors Contribution

  1. central bank

    A type of bank and authority within a country with the role, responsibility and legal authority to act impartially of national unity government and to supervise and regulate banks and financial organizations. It creates a variety of banking policy and banking mechanisms, ensures sufficient capital requirements of banks and financial organizations for a country. It regulates the supply of money and approves licenses to banks, banking organizations and financial organizations, it creates currency for the country and creates a variety of banking and finance related specific and accurate guidance, regulation and range of banking and financial policies.

    The central bank makes important regulations, guidance, instruments and mechanisms within a country.


    Submitted by MaryC on April 1, 2020  

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Numerology

  1. Chaldean Numerology

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

  2. Pythagorean Numerology

    The numerical value of Central Bank in Pythagorean Numerology is: 2

Examples of Central Bank in a Sentence

  1. George Ratiu:

    Core inflation remains stubbornly elevated, putting pressure on Federal Reserve to maintain an aggressive stance on monetary tightening, markets are keeping a close eye on the central bank's meeting next week, expecting another 75-basis-point increase in the policy rate, if not a 100-basis-point jump.

  2. Greg Peters:

    The U.S. central bank is capping yields.

  3. Fausto Spotorno:

    The central bank could also try to use them as collateral for a loan, at least in the local market and perhaps with the international investment banks.

  4. Wattie Macklem:

    Our job as a central bank is to make sure that one-off increase in prices doesn’t become ongoing inflation... What we’re really looking for is to see any signs of spreading.

  5. Jasper Lawler:

    It takes a brave soul and deep pockets to buy these mining stocks when they're this heavily down, i don't see them rebounding massively in the general context of things unless there's some sort of extra explanation by the People's Bank of China or some move by some other central bank to combat this devaluation.


Translations for Central Bank

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"Central Bank." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/Central+Bank>.

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