English dictionary



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English noun: FRS

1. FRS (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


SamplesThe Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply.


SynonymsFed, Federal Reserve, Federal Reserve System


Broader (hypernym)central bank


Member holonymFederal Reserve Bank, member bank, national bank, reserve bank









Based on WordNet 3.0 copyright © Princeton University.
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