Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A central bank that holds the reserves of other banks.
- noun One of the 12 main banks of the US Federal Reserve System.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun one of 12 regional banks that monitor and act as depositories for banks in their region
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bilby commented on the word reserve bank
"Mr Biti said he would present a new budget to parliament and urged Western donors to help rebuild Zimbabwe. 'The Reserve Bank has totally discredited itself,' he told Reuters in an interview. 'We must accept that the Reserve Bank is at the core of this economic decay.'"
- New Zimbabwe minister blames bank, BBC website, 15 Feb 2009.
February 16, 2009