reserve bank
14
4.9
- noun
- /rɪˈzɜrv bæŋk/
- Specialized
:
banco de reserva
- Each quarter, the Federal Reserve Bank of Kansas City collects data on farm lending conditions from approximately 200 agricultural bankers.
- the Federal Reserve Bank
You see right now those funds come from either the Fed, the Federal Reserve Bank, or did they come from the Treasury.
- You see right now those funds come from either the Fed, the Federal Reserve Bank, or did they come from the Treasury.
Examples
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The power to control the money supply is in the hands of the Federal Reserve Bank.
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Every dollar the government loans from the Federal Reserve Bank has to be paid back with interest.
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Do you understand that this is a National Reserve Bank?
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However, it is an interesting fact-- the Federal Reserve Bank of the United States is not actually owned by the government.
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We got in a cab and went to the Federal Reserve Bank.
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Part of this research was developed while the author was at the Federal Reserve Bank of Cleveland.
Academic text (1998) -
The Reserve Bank of Australia is signaling a period of substantial rate increases ahead.
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The gold stored at the Federal Reserve Bank of New York is secured in a most unusual vault.
Blog text (11) -
Furthermore, a report from the Federal Reserve Bank of New York indicates that student debt rose 12 percent to $1.08 trillion.
Academic text (2016) -
The power to control the money supply is in the hands of the Federal Reserve Bank.
Synonyms
12
3.5
A US regional bank in the central bank system that holds money for local banks
How Central
Surface Forms
Morphology
The meaning is partly compositionally predictable: a learner knowing 'reserve' and 'bank' can infer a bank that holds or manages reserves (a special kind of bank). However, the specific institutional role (regional central bank functions, oversight and depository responsibilities) is technical and not fully derivable from the constituents, so the expression is only partially transparent to a B1 learner.
Etymology
Reserve bank comes from the idea of a bank that holds a reserve — extra money kept 'in reserve' for other banks or for the country. So a reserve bank is a regional bank where commercial banks keep spare cash and get help from the country's main bank.