Central Bank

Business / Taxes / Central Bank: Most countries have a central bank, which issues the country's currency and holds the reserve deposits of other banks in that country. It also either initiates or carries out the country's monetary policy, including keeping tabs on the money supply. In the United States, the 12 regional banks that make up the Federal Reserve System act as the central bank. This multibank structure was deliberately developed to ensure that no single region of the country could control economic decision making.

Other Words for Central

Central Adjective Synonyms: middle, medial, median, inner, inside

Bank For International Settlements (BIS)

Business / Finance / Bank For International Settlements (BIS): An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the U.S. Federal Reserve System MORE

European Central Bank (ECB)

Business / Finance / European Central Bank (ECB): European equivalent of NASDAQS. MORE

Legal Bankruptcy

Business / Finance / Legal Bankruptcy: A legal proceeding for liquidating or reorganizing a business. MORE