Dictionary
Federal Reserve bank
noun
Definition of FEDERAL RESERVE BANK
: 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
ADVERTISEMENT
First Known Use of FEDERAL RESERVE BANK
1914
Browse
Next Word in the Dictionary: Federal Reserve BoardPrevious Word in the Dictionary: Federal Reserve agentAll Words Near: Federal Reserve bank
ADVERTISEMENT
Seen & Heard
What made you want to look up Federal Reserve bank? Please tell us where you read or heard it (including the quote, if possible).