Definition of Central Bank

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TeachMeFinance.com - explain Central Bank



central bank -- A government-established agency responsible for conducting monetary policy and overseeing credit conditions. The Federal Reserve System fulfills those functions in the United States.

another definition...

Central bank -- A country's principal monetary authority, responsible for such key functions as issuing currency and regulating the supply of credit in the economy.

another definition...

Central Bank -- An institution with the sole right to issue bank notes and power to dictate the monetary policy for a currency zone.


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