central bank

== English == === Etymology === From central (adjective) +‎ bank (noun). === Pronunciation === (Received Pronunciation) IPA(key): /ˌsɛntɹ(ə)l ˈbæŋk/ (General American) IPA(key): /ˌsɛntɹəl ˈbæŋk/ Rhymes: -æŋk Hyphenation: centr‧al bank === Noun === central bank (plural central banks) (banking) The principal monetary authority of a polity or monetary union, which normally implements monetary objectives by controlling interest rates, issuing currency, managing the national debt, overseeing banking and financial activities, and regulating the supply of money. Synonyms: national bank, (Australia, India, New Zealand, South Africa, etc.) reserve bank ==== Derived terms ==== central banker central bankism ==== Translations ==== ==== See also ==== fractional reserve banking === Further reading === central bank on Wikipedia.Wikipedia