Meaning of the word "central bank" in English
What does "central bank" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
central bank
US /ˈsen.trəl ˌbæŋk/
UK /ˈsen.trəl ˌbæŋk/
Noun
1.
a national bank that provides financial and banking services for its country's government and commercial banking system, as well as implementing monetary policy and issuing currency
Example:
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The central bank raised interest rates to combat inflation.
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The government relies on the central bank for economic stability.
Synonym:
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