🇪🇸Spanish Source WordCode: ES

banco central

Pronunciation / Transliteration: /ˈbaŋ.ko senˈtɾal/

🇬🇧 Direct English Meaning:
Central bank/ˈsɛn.trəl bæŋk/
nounCEFR B2 (Upper)Top #4500 frequency
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🇪🇸 Example Sentence in Spanish:

"El banco central redujo la tasa de interés de referencia."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A national institution that manages the currency and monetary policy of a country or group of member states, regulates the commercial banking system, and acts as a lender of last resort.

    "The central bank decided to raise interest rates to combat rising inflation."
  2. 2

    A supreme monetary authority responsible for maintaining macroeconomic stability and overseeing the foreign exchange reserves.

    "Economists closely monitor the press conference held by the central bank governor."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term combines the adjective 'central' (derived from the Latin 'centralis', ultimately from 'centrum') and 'bank' (derived from the Old Italian 'banca', meaning a bench or money-changer's table). The compound emerged in the late 17th and 18th centuries with the establishment of institutions like the Bank of England to manage state finances and issue national currency.

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