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central bank

Syllabification: cen·tral bank

Definition of central bank in English:

noun

A national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency.
Example sentences
  • First, a conflict with the internal monetary policies of central banks may arise.
  • The central bank's tight monetary policy has presented severe problems for the business community.
  • We can define a bubble as activities that spring up on the back of loose monetary policy of the central bank.

Definition of central bank in:

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