Federal Reserve System
Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to Federal Reserve System: Board of Governors of the Federal Reserve System
Federal Reserve
or Federal Reserve Systemn.
The US central bank, a system of 12 Federal Reserve banks, each serving member commercial banks in its own district. This system, supervised by the Federal Reserve Board, has broad regulatory powers over the money supply and the credit structure.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Federal Reserve System
n
(Banking & Finance) (in the US) a banking system consisting of twelve Federal Reserve Districts, each containing member banks regulated and served by a Federal Reserve Bank. It operates under the supervision of the Federal Reserve Board and performs functions similar to those of the Bank of England
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Fed′eral Reserve′ Sys`tem
n.
a U.S. federal banking system that is under the control of a central board of governors (Fed′eral Reserve′ Board`) with a central bank (Fed′eral Reserve′ Bank`) in each of 12 districts and that has wide powers in controlling credit and the flow of money.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Switch to new thesaurus
Noun | 1. | ![]() central bank - 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 Federal Reserve Bank, reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their region national bank - a commercial bank chartered by the federal government member bank - a bank that is a member of the Federal Reserve System |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.