Top Definition
(ECONOMICS) a financial institution that issues the national currency and administers monetary policy.

For the USA, the central bank is the Federal Reserve System.

In a few cases, the central bank is private, and otherwise similar to a regular commercial bank. In other cases, it is directly controlled by the head of government. In most cases, however, it is a government agency that is shielded from direct control.

OTHER IMPORTANT CENTRAL BANKS

European Union--European Central Bank (ECB).
Japan--Bank of Japan

China--People's Bank of China
United Kingdom--Bank of England

See also the International Monetary Fund and the Bank for International Settlements.
In the USA, as well as many other countries, the Treasury acts as the government's underwriter but the central bank controls the money supply using treasury securities and other forms of hot money. The central bank is usually responsible for managing the currency reserves, including foreign currency reserves, of its government. It also enforces banking laws and operates check clearing.

The BIS acts as a bank to most of the world's central banks.
Abu Yahya가 작성 2010년 05월 05일 (수)

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt
(w)bankers who enslave each and every person in the country to debt

banksters who rape you and everyone you know up the jacksie

unfortunately, most people know sweet FA about what money is and where it comes from

these scams are usually orchestrated by the likes of the City of London Corporation (the Crown) and the Worshipful Compoany of International (W)Bankers
central banks such as the Federal Reserve AKA the Private Rothschild NO Reserves, the International Monetary Fraud and the (W)Bank for International Settlements
freeman buy silver가 작성 2012년 04월 19일 (목)

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt
매일 매일 받아보는 무료 이메일

아래에 이메일 주소를 입력하시고 매일 아침 Urban Dictionary 오늘의 단어를 받아 보세요!

이메일은 daily@urbandictionary.com에서 보냅니다. Urban Dictionary는 스팸 메일을 절대 보내지 않습니다.

×