Federal Reserve Bank
Federal Reserve Bank

Federal Reserve Bank, the


Definition: Meaning of, Federal Reserve Bank, the in English to English dictionary.

Pronunciation: / ˈfɛdərəl ðə;ðɪ;ðiː /

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also the Fed [informal]
  1. the US CENTRAL BANK, which is divided into twelve banks, each operating in a different area of the US according to the Federal Reserve System. The 'Fed' has an important influence on US economic policy, because it fixes the rate of INTEREST that banks must pay when they borrow money.
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Patent and Trademark Office, The
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the US government department that decides which new inventions can be given a PATENT (= the right to make and sell a new invention) . There is a similar department in the UK called the PATENT Office.
Federal Reserve Board