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
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While the central bank doesn’t set mortgage rates, its actions and the trajectory of inflation influence the moves in the 10-year Treasury yield. Alex Veiga, Los Angeles Times, 8 Dec. 2024 To their leading lights, all a government needs is a central bank armed with a printing press. John Tamny, Forbes, 8 Dec. 2024 Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch. Lewis Krauskopf, USA TODAY, 7 Dec. 2024 The central bank is balancing India’s high inflation and a slowing economy: year-on-year prices rose 6.21% in October, while the country’s fiscal third-quarter gross domestic product grew by a surprisingly low 5.4% from a year ago. Yeo Boon Ping, CNBC, 6 Dec. 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 15 Dec. 2024.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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