Federal-reserve-bank
noun
1.
See under .
noun
1.
a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling credit and the flow of money as well as in performing other functions, as regulating and supervising its member banks.
noun
1.
(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
Federal Reserve System (the Fed)
The central monetary authority of the United States. The Board of Governors supervises the twelve Federal Reserve banks, which deal with other banks rather than with the public. The system has many functions, including regulating interest rates.
Read Also:
- Federal-reserve-board
noun 1. See under . noun 1. a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling credit and the flow of money as well as in […]
- Federal-reserve-district
noun 1. the district served by a certain Federal Reserve Bank.
- Federal-reserve-note
noun 1. a form of paper money issued by a Federal Reserve Bank. noun 1. a bank note issued by the Federal Reserve Banks and now serving as the prevailing paper currency in circulation in the US
- Federal-reserve-system
noun 1. a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling credit and the flow of money as well as in performing other functions, as regulating […]
- Federal-trade-commission
noun 1. . Federal Trade Commission (FTC) A federal agency charged with enforcing antitrust legislation and preventing false advertising, among other duties.