from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A national monetary authority, such as the US Federal Reserve, which regulates the money supply and credit, issues currency, and manages the rate of exchange.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun The principal monetary authority of a
countryor monetary union; it normally regulatesthe supply of money, issues currencyand controls interest rates. It usually oversees banking activity within its country's borders.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun 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
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