Central Bank

Central Bank

Summary of Central Bank

The principal monetary authority of a nation. In most commercially developed nations the central bank issues the currency and acts as banker for the government and the nation’s commercial banks. By setting the rate at which it will lend money to commercial banks, the central bank effectively regulates the availability of credit. An important central bank function is to engage in transfers of gold and foreign exchange with foreign central banks. Central banking functions in the United States are performed by the Federal Reserve system, with special responsibility for foreign transactions vested in the Federal Reserve Bank of New York.

(Main Author: William J. Miller)

Central Bank in Constitutional Law

From the Comparative Constitutions Project: A nations main regulatory bank. Traditionally, its primary responsibility is development and implementation of monetary policy.

Hierarchical Display of Central bank

Finance > Monetary economics > Monetary policy
Finance > Financial institutions and credit > Financial institution > Bank
European Union > EU institutions and European civil service > EU institution > European Central Bank
Finance > Financial institutions and credit > Credit policy
International Organisations > World organisations > World organisation > Bank for International Settlements
Finance > Monetary economics > Economic and Monetary Union > European System of Central Banks

Central bank

Concept of Central bank

See the dictionary definition of Central bank.

Characteristics of Central bank

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Resources

Translation of Central bank

Thesaurus of Central bank

Finance > Monetary economics > Monetary policy > Central bank
Finance > Financial institutions and credit > Financial institution > Bank > Central bank
European Union > EU institutions and European civil service > EU institution > European Central Bank > Central bank
Finance > Financial institutions and credit > Credit policy > Central bank
International Organisations > World organisations > World organisation > Bank for International Settlements > Central bank
Finance > Monetary economics > Economic and Monetary Union > European System of Central Banks > Central bank

See also

  • Bank of issue
  • Federal bank
  • National bank

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