English noun: Federal Reserve System |
1. | Federal Reserve System (group) 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 |
|
| Samples | The Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply.
|
|
| Synonyms | Fed, Federal Reserve, FRS |
|
| Broader (hypernym) | central bank |
|
| Member holonym | Federal Reserve Bank, member bank, national bank, reserve bank |
|