Meaning | The central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies. |
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Synonyms | Federal Reserve System, Federal Reserve, Fed |
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Members | Federal Reserve Bank, reserve bank | One of 12 regional banks that monitor and act as depositories for banks in their region |
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member bank | A bank that is a member of the Federal Reserve System |
national bank | A commercial bank chartered by the federal government |
Broader | 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 |
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Spanish | Reserva Federal, Sistema de Reserva Federal |
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Catalan | Sistema de la Reserva Federal |
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