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Federal Reserve Bank   /fˈɛdərəl rɪzˈərv bæŋk/   Listen
Federal Reserve Bank

noun
1.
One of 12 regional banks that monitor and act as depositories for banks in their region.  Synonym: reserve bank.






WordNet 3.0 © 2010 Princeton University








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"Federal reserve bank" Quotes from Famous Books



... assets to be used as a basis for the issue of Federal Reserve Bank Notes? That would mean gross inflation with all its attendant ...
— Right Above Race • Otto Hermann Kahn

... Sir: The Federal Reserve bank at New Orleans has received a letter from a patriot who wants to know where and when he shall pay the interest ...
— The So-called Human Race • Bert Leston Taylor

... night, automobile trucks, operated under orders from William G. McAdoo, Governor of the Federal Reserve Bank, loaded with millions and millions of gold, passed unprotected and almost unheeded through the crowded section between Wall Street and the Grand Central Station. The people stared at them dumbly. They knew what was going on. They knew they could ...
— The Conquest of America - A Romance of Disaster and Victory • Cleveland Moffett

... may organize a national bank. A national bank may issue its notes—that is, its promises to pay—as currency, to an amount not exceeding the amount of United States bonds deposited by the bank with the national government. Each federal reserve bank is a large central bank organized by the banks of a certain district. It issues notes as currency, secured ...
— Elements of Civil Government • Alexander L. Peterman



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