European Central Bank

Definitions of European Central Bank
1

n the central bank of those members of the European Union who share a common currency

“The European Central Bank is Europe's equivalent of the Federal Reserve”
Type of:
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

Sign up, it's free!

Whether you're a student, an educator, or a lifelong learner, Vocabulary.com can put you on the path to systematic vocabulary improvement.