central bank

1. 1.

   a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government

   Broaderfinancial institution

   NarrowerEuropean Central BankFederal Reserve SystemBank of EnglandBundesbankBank of Japan

Questions about central bank

What does central bank mean?

central bank means "a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government".

Is central bank a common word?

central bank is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.