Definition of central bank in English:

central bank

Line breaks: cen|tral bank

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.
    More 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.

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Word of the day skosh
Pronunciation: skōSH
noun
a small amount; a little