central bank

noun

: a national bank that operates to establish monetary and fiscal policy and to control the money supply and interest rate
central banker noun

Examples of central bank in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
With that cut, the central bank’s federal funds rate falls to a 4.5%-to-4.75% range. Rob Wile, NBC News, 7 Nov. 2024 At its September meeting, the central bank’s decision-making arm opted for a jumbo, 50-basis-point reduction to the benchmark rate, in its first cut in more than four years. Rocio Fabbro, Quartz, 7 Nov. 2024 This places Japan in opposition to most of the world’s central banks, particularly an increasingly dovish Fed. Steven Desmyter, Forbes, 5 Nov. 2024 The central bank expects that the headline rate will increase as these measures expire. Lim Hui Jie, CNBC, 5 Nov. 2024 See all Example Sentences for central bank 

Word History

First Known Use

1841, in the meaning defined above

Time Traveler
The first known use of central bank was in 1841

Dictionary Entries Near central bank

Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 22 Nov. 2024.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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