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Definition of central bank noun from the Oxford Advanced Learner's Dictionary

central bank

noun
 
/ˌsentrəl ˈbæŋk/
 
/ˌsentrəl ˈbæŋk/
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  1. a national bank that does business with the government and other banks, and issues the country’s coins and paper money
    • The central bank has put up interest rates.
    Topics Moneyb2
See central bank in the Oxford Advanced American DictionarySee central bank in the Oxford Learner's Dictionary of Academic English
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