Federal Reserve

Definitions of Federal Reserve
  1. noun
    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
    synonyms: FRS, Fed, Federal Reserve System
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    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
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