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Define Federal Reserve Bank. American Heritage® Dictionary of … Meaning of federal reserve bank. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The Federal Reserve System is the central bank of the United States. Information and translations of federal reserve bank in the most comprehensive dictionary definitions resource on the web. Federal Reserve bank definition is - one of 12 reserve banks set up under the Federal Reserve Act to hold reserves and discount commercial paper for affiliated banks in their respective districts. Federal funds are the reserve balances (also called Federal Reserve Deposits) that private banks keep at their local Federal Reserve Bank. The Federal Reserve System, sometimes known as the Fed, is the central bank of the United States. By using Investopedia, you accept our. The US central bank, a system of 12 Federal Reserve banks, each serving member commercial banks in its own district. The Federal Reserve Bank of New York… What is the definition of Federal Reserve bank? It is headquartered in Boston, Massachusetts. The Federal Reserve Bank branches can be found in Boston, … The Federal Reserve was founded by U.S. Congress in 1913. Early 20th century; earliest use found in The Chicago Tribune. The U.S. Senate … Definition of Federal Reserve Bank noun from the Oxford Advanced Learner's Dictionary. American Heritage® Dictionary of... Reserve bank - definition of reserve bank by The Free Dictionary. The Federal Reserve System is the central bank of the United States. As the country's central banking authority, the Federal Reserve System operates in 12 designated regions (or districts) throughout the United States. What are synonyms for Federal Reserve bank? One of 12 banks that make up the Federal Reserve System.Each Federal Reserve Bank has the authority to regulate member banks in its region, as well as regulate the money supply.Every member bank is required to buy stock in its district's Federal Reserve Bank in order to support its efforts. “Federal Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Federal%20Reserve%20bank. 'Nip it in the butt' or 'Nip it in the bud'. the Federal Reserve Bank meaning: one of the twelve regional banks in the US that are part of the country's central banking system…. A Federal Reserve bank is a privately owned corporation established pursuant to the Federal Reserve Act to serve the public interest; it is governed by a board of nine directors, six of whom are elected by the member banks and three of whom are appointed by the Board of Governors of the Federal Reserve System. Cite Term. What made you want to look up Federal Reserve bank? The New York Fed provides a wide range of payment services for financial institutions and the U.S. government Can you spell these 10 commonly misspelled words? Nearby words. The seven board members, the president of the Federal Reserve Bank of New York, and four of the remaining 11 regional bank presidents are members. The Federal Reserve was created to serve the public interest, as its functioning Federal Reserve Board of Governors reports to and is accountable to Congress, which … Federal Reserve System definition is - the central banking system of the U.S. consisting of 12 districts with a Federal Reserve bank in the principal commercial city of each district. Federal Reserve Bank, reserve bank (noun) one of 12 regional banks that monitor and act as depositories for banks in their region How to pronounce federal reserve bank? Sources. means the Board of Governors of the Federal Reserve System, or any successor thereto or to the functions thereof. 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